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Millers fear default on sugarcane dues, duties - Newspaper

Crackdown on sugar mafia: Tareen is not alone, there are many more…

ISLAMABAD: It s not just Jehangir Tareen. There are many more… At least 14 sugar mills have so far been issued a ‘final notice’ by the FIA Lahore alone besides there being a large number of FIRs registered against various different actors of what is now known as the ‘sugar mafia’. Although Tareen is said to be the major player in the sugar business, Shahbaz Sharif’s family is on top of the FIA s hit-list on which only Tareen until recently prominently featured on. In its FIR, the FIA has accused Shahbaz Sharif and his sons of having hidden and laundered Rs. 25 billion from 2008 to 2018 mostly from ‘extraneous sources’ through fake accounts opened and operated in the name of low-wage employees (peons & clerks) of his sugar mill.

Crackdown on sugar mafia: Tareen is not alone, there are many more

Top Story April 9, 2021 ISLAMABAD: It’s not just Jehangir Tareen. There are many more. At least 14 sugar mills have so far been issued a ‘final notice’ by the FIA Lahore alone besides there being a large number of FIRs registered against various different actors of what is now known as the ‘sugar mafia’. Although Tareen is said to be the major player in the sugar business, Shahbaz Sharif’s family is on top of the FIA s hit-list on which only Tareen until recently prominently featured on. In its FIR, the FIA has accused Shahbaz Sharif and his sons of having hidden and laundered Rs. 25 billion from 2008 to 2018 mostly from ‘extraneous sources’ through fake accounts opened and operated in the name of low-wage employees (peons & clerks) of his sugar mill.

Court suspends sugar rate notification - Newspaper

Charge of cartelisation: CCP starts hearings against PSMA, 84 mills

National January 21, 2021 ISLAMABAD: After finding out cartelization for fleecing consumers established through an inquiry, the Competition Commission of Pakistan (CCP) has kick-started hearings against the Pakistan Sugar Mills Association (PSMA) and 84 mills for ascertaining the veracity of allegations in violation of Section 4 of the Competition Act 2010. According to an official announcement made here on Wednesday, the CCP has on 7th January 2021 commenced hearings in the proceedings against the PSMA and 84 member mills for prima facie cartelization, in violation of Section 4 of the Competition Act 2010. The hearings were held on 7th, 8th, 11th, 15th and 20th January 2021 respectively and the CCP has so far heard the PSMA and 40 sugar mills through their respective counsels. The matter was initially fixed for hearing on 20th, 24th and 25th November 2020; however, owing to respondents’ requests, adjournments were granted on various grounds. Finally, the first round of hearin