Govt to provide relief to people by taking action against sugar mafia
National
April 2, 2021
LAHORE: Adviser to Prime Minister on Accountability and Interior Shahzad Akbar on Thursday said the Federal Investigation Agency (FIA) exposed the sugar mafia’s involvement in monetary fraud, speculative trade and money laundering after obtaining evidence of continued increase in sugar prices spurred through artificial shortage of the commodity.
He said the FIA unearthed solid evidence in the operations through data retrieved from digital devices belonging to the sugar mafia which showed how they controlled the prices.
Addressing a press conference at 90 Shahrah-e-Quaid-e-Azam here on Thursday, Shahzad shared the details of gambling Satta and those involved in investing in sugar mafia. He said the sugar mafia never agreed to fix the sugar ex-mill price. However, when it comes to taking subsidy, they come forward to set the ex-mill price.
LAHORE: Adviser to Prime Minister on Accountability and Interior Shahzad Akbar on Thursday said the Federal Investigation Agency exposed the sugar mafia’s involvement in monetary fraud,.
Top Story
April 2, 2021
LAHORE: Adviser to Prime Minister on Accountability and Interior Shahzad Akbar on Thursday said the Federal Investigation Agency (FIA) exposed the sugar mafia’s involvement in monetary fraud, speculative trade and money laundering after obtaining evidence of continued increase in sugar prices spurred through artificial shortage of the commodity.
He said the FIA unearthed solid evidence in the operations through data retrieved from digital devices belonging to the sugar mafia which showed how they controlled the prices.
Addressing a press conference at 90 Shahrah-e-Quaid-e-Azam here on Thursday, Shahzad shared the details of gambling “Satta’’ and those involved in investing in sugar mafia. He said the sugar mafia never agreed to fix the sugar ex-mill price. However, when it comes to taking subsidy, they come forward to set the ex-mill price.
By News Desk
LAHORE: Shahzad Akbar, the Prime Minister’s adviser on accountability and interior, said on Thursday that sugar speculators earn about 500,000-1,000,000 rupees a day while major “gamblers” make as much as 30 to 40 million daily from speculative trade.
Addressing a press conference here on Thursday, Akbar shared details of the “Satta mafia” and those involved in investing in the “sugar mafia”, during which he said Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen would be prosecuted as per law and insisted “no one will be given an NRO”.
Akbar’s comments came after the Federal Investigation Agency (FIA) booked Tareen and his son Ali, among other members of his family in two cases pertaining to financial embezzlement and money laundering.