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
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
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
FIA issues notice to sugar mill owned by PTI minister’s brother
Top Story
April 9, 2021
ISLAMABAD: The Federal Investigation Agency (FIA) has put the brother of PTI s Federal Minister Makhdum Khusro Bakhtiar on notice for allegedly selling sugar through Satta.
The agency sent a notice to the owners of the Two Star Industries after the FIA investigation teams recovered huge evidence, revealing the management of the sugar mill, in active connivance with brokers/front men, morphed into a sugar Satta mafia. The notice was served to the top management of the sugar mill of Makhdum Omer Shehryar, brother of Federal Minister for Economic Affairs Makhdum Khusro Bakhtiar for appearance on April 15.
FIA issues notice to sugar mill owned by Khusro’s brother
Top Story
April 9, 2021
ISLAMABAD: The Federal Investigation Agency (FIA) has put the brother of PTI s Federal Minister Makhdum Khusro Bakhtiar on notice for allegedly selling sugar through Satta.
The agency sent a notice to the owners of the Two Star Industries after the FIA investigation teams recovered huge evidence, revealing the management of the sugar mill, in active connivance with brokers/front men, morphed into a sugar Satta mafia. The notice was served to the top management of the sugar mill of Makhdum Omer Shehryar, brother of Federal Minister for Economic Affairs Makhdum Khusro Bakhtiar for appearance on April 15.