PTI govt goes public with probe report on sugar crisis - News Summed Up

PTI govt goes public with probe report on sugar crisis


The commission has already started its work and nine teams are doing forensic audit, including the sugar mills owned by Tareen. There were signs of “cartelization and manipulation” by sugar mills and the ex-mill sugar price determination formula was also “unfair”, according to the findings. “To establish the manipulation and cartelization of sugar mills concrete evidence is required” but “very few control” the industry”. The inquiry noted that many policies are conveyed to the sugar mills from the platform of the Pakistan Sugar Mills Association. The sugar mills owned by Food Minister Makhdom Khusro Bakhtyar availed Rs452.3 million subsidy, which was 18.3% of the subsidy.


Source: The Express Tribune April 04, 2020 20:29 UTC



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