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Rs459b sugar satta money pumped into edible industry: FIA

Top Story April 21, 2021 ISLAMABAD: Almost Rs459 billion allegedly accumulated through satta sugar trade have been diverted to the other industries owned by politically-connected industrialists, preliminary findings of the Federal Investigation Agency (FIA) reveal. Investigation teams have collectively detected Rs671.4 billion in 397 accounts of sugar satta forensic audit of which is being conducted by the Lahore FIA. Billions coming from sugar satta accounts are going into cooking oil, rice and pulses manufacturing industries either owned by the same industrialists or their front companies, reveals an official document exclusively made available to Geo News. The credit turnover of these 397 accounts believed to be owned by either sugar mills owners, their front-men, employees and or sugar satta agents remained Rs.671.4 billion in the past two year, says an official document exposing the beneficiaries of this satta amounts carrying details of all accounts maintained at multip

Rs459b of sugar satta money pumped into edible industry: FIA

Top Story April 21, 2021 ISLAMABAD: Almost Rs459 billion allegedly accumulated through satta sugar trade have been diverted to the other industries owned by politically-connected industrialists, preliminary findings of the Federal Investigation Agency (FIA) reveal. Investigation teams have collectively detected Rs671.4 billion in 397 accounts of sugar satta forensic audit of which is being conducted by the Lahore FIA. Billions coming from sugar satta accounts are going into cooking oil, rice and pulses manufacturing industries either owned by the same industrialists or their front companies, reveals an official document exclusively made available to Geo News. The credit turnover of these 397 accounts believed to be owned by either sugar mills owners, their front-men, employees and or sugar satta agents remained Rs.671.4 billion in the past two year, says an official document exposing the beneficiaries of this satta amounts carrying details of all accounts maintained at multip

Rs459 bn of sugar satta money pumped into edible industry: FIA

Top Story April 21, 2021 ISLAMABAD: Almost Rs459 billion allegedly accumulated through satta sugar trade have been diverted to the other industries owned by politically-connected industrialists, preliminary findings of the Federal Investigation Agency (FIA) reveal. Investigation teams have collectively detected Rs671.4 billion in 397 accounts of sugar satta forensic audit of which is being conducted by the Lahore FIA. Billions coming from sugar satta accounts are going into cooking oil, rice and pulses manufacturing industries either owned by the same industrialists or their front companies, reveals an official document exclusively made available to Geo News. The credit turnover of these 397 accounts believed to be owned by either sugar mills owners, their front-men, employees and or sugar satta agents remained Rs.671.4 billion in the past two year, says an official document exposing the beneficiaries of this satta amounts carrying details of all accounts maintained at multip

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