CMYK
Friday, 22 May, 2020 I 28 Ramzan-ul-Mubarak, 1441 I Rs 15.00 I Vol X No 324 I 12 Pages I Lahore Edition
ForensiC Probe aCCuses major sugar mills oF market maniPulation, Fraud g
REPORT ACCUSES JAHANGIR TAREEN, SULEMAN SHEHBAz, MOONIS ELAHI OF MARKET MANIPULATION, CORPORATE FRAUD TO MAKE PROFITS
ISLAMABAD staff report
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HE government’s inquiry commission formed to probe the hike in sugar prices submitted its forensic report on Thursday, which accused major sugar mills in the country of “underreported sales and fraud”. Addressing a joint press conference with Special Assistant to Prime Minister on Accountability Shahzad Akbar, Minister for Information Shibli Faraz said the Pakistan Tehreek-e-Insaf (PTI) government is committed to accountability and transparency in governance. Speaking on the occasion, Akbar said that Sugar Inquiry Commission was established to ascertain the reasons for the increase in sugar prices in the last few years. He said that the commission gave its detailed report to a special cabinet meeting held on Thursday and the report explicitly says that sugar mill owners pay the amount to sugarcane growers even less than the support price. In addition, all sugar mills make cuts in the weight of sug-
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URGES IMPROvEMENT IN THE REGULATORy SySTEM TO CURB MALPRACTICES, CARTERLISATION OF INDUSTRy
arcane from 15 to 30 per cent, he added. The SAPM said that the commission also found irregularities in the form of giving advance payments to farmers in the form of cash or commodity, which is akin to unregulated banking. “Today is very important in the history of Pakistan as no government ever made such commissions in the past,” he said. He also said that Prime Minister Imran Khan has directed all government advisers to declare their assets to ensure transparency. Akbar said that a subsidy of Rs29 billion was given to the sugar industry in the last five years. “A mill called Alliance from Rahim yar Khan — partially owned by Pakistan Muslim League Quaid (PML-Q) senior leader Moonis Elahi — was audited. It showed that between 2014 to 2018, 11-14 per cent systematic cut was done for farmers, which translated to Rs970 million and was a huge blow to them,” Akbar said. He said that it was found that total income tax of around 88 sugar mills of the country is Rs10bn, after getting a tax refund.
Coronavirus in
Pakistan
He added that the mill under-reported sugar sales “for years” and sold the commodity to unnamed buyers. The report mentioned violations of the Pakistan Penal Code, he said. Akbar also mentioned the JDW sugar mill in which PTI stalwart Jahangir Tareen owns 21 per cent shares. He said that according to the report, the mill committed “double booking, under-reporting and over-invoicing”. “The report noted that the mill underinvoiced sales from bagasse and molasses which resulted in 25 per cent cost inflation. They also committed corporate fraud whereby money was transferred from their PLC to their private company. “Forward sales, satta, benami sales have all been associated with JDW too.” The Al Arabiya mill owned by Suleman Shehbaz was also audited, the PM’s aide said, adding that it was found to have committed fraud worth Rs400 million through informal receipts and market manipulation. Akbar said the report had proven what PM Imran had always maintained. “Whenever a businessman comes into politics, he will always do business even at the expense of the poor. So his [PM’s] thinking has been validated. A certain business community has captured the market and as a result, people are suffering,” he said. He added that the report will be available online shortly for anyone to read following the prime minister’s orders.
CONTINUED ON PAGE 03
Tareen terms sugar inquiry findings ‘shocking’, Shehbaz denies accusations STORY ON PAGE 02
ISLAMABAD
49,497
RECOVERED:
DEATHS:
14,155
1,052
SINDH:
PUNJAB:
19,924
17,382
KP:
BALOCHISTAN:
AJK/GB:
ISLAMABAD:
7,155 148/579
3,074
1,235
Covid-19 infections trended higher in recent days and were approaching 50,000, official data showed, with total deaths crossing 1,000, as the government remained unsure over the consequences of its decision to end the nation’s lockdown. Fearful of the economic and financial impact, and swayed by the acute hardship suffered by millions of poor families, Prime Minister Imran Khan has defended the lifting of the lockdown last week, saying the virus spread has been well below projections. Education is the only major sector that remains closed. “The ending of the lockdown doesn’t mean the threat is over,” yasmeen Rashid, the Punjab health minister, said in an interview on television on Wednesday, adding that people needed to adopt safety measures themselves. How the nation of 207 million people behaves when the month of Ramazan ends and festivities for Eid begin could influence the course of the contagion. Usually Eid draws big crowds to malls and shops, and people travel in droves to reach their hometowns. While the government has advised people to act responsibly, and avoid going out for non-essential reasons, there has been little mention of special precautions needed
PM says India planning ‘false flag operation’ staff report
CONFIRMED CASES:
Lockdown over, Pakistan’s Covid-19 deaths, infections tick higher
Prime Minister Imran Khan once again stressed on Thursday that India was gearing up for a false flag operation to divert the world’s attention from the genocide it is committing in occupied Kashmir. “At least 15 homes of Kashmiri citizens were torched by Indian occupation forces in Srinagar yesterday,” PM Imran wrote on a post on Twitter, adding that India was subjecting Kashmiris to brutal oppression with the help of its 900,000 security forces stationed in occupied Kashmir. The prime minister also shared images of the torched and destroyed houses of the Kashmiri people. He reiterated that India was about to launch a false flag operation in order to divert the world’s attention away from the deteriorating human rights situation in the occupied region. Earlier this week, the premier had voice similar apprehensions, saying Indian Prime Minister Narendra Modi’s Hindutva supremacist government was committing war crimes in occupied Kashmir, including attempts to
change the demography of the Himalayan territory in violation of the fourth Geneva Convention. In a series of tweets on May 17, PM Imran spoke about his Indian counterpart’s “RSS-inspired doctrine” in occupied Kashmir, which has been under a brutal curfew and communications blackout since August 5, 2019, when New Delhi scrapped its special status. PM Imran said Modi had clearly set up the moves of his fascist government in occupied Kashmir. “First, deprive Kashmiris of their right of self-determination by illegal annexation of an occupied territory,” he wrote. The premier said the Indian prime minister’s second step to continue aggression in occupied
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Kashmir was through “a threepronged approach”. “One, trying to crush them with brute force [including] using inhumane weapons like pellet guns against women & children; two, imposing an inhumane lockdown depriving Kashmiris of basic necessities from food to medicines; and three, by mass arrests of Kashmiris [especially] youth and isolating IOJK from the world by cutting off all communication links.” He said the last step was to corrupt the Kashmiri people’s right to self-determination and blatantly lie to the world to show it as terrorism from Pakistan. On May 6, the prime minister had expressed the same apprehension and called upon the international community to take notice of brutality being committed in occupied Kashmir before it jeopardises peace and security in South Asia. In a series of tweets on May 6, the prime minister said, “I have been warning the world about India’s continuing efforts to find a pretext for a false flag operation targeting Pakistan.” “Latest baseless allegations by India of “infiltration” across [the Line of Control] LoC are a continuation of this dangerous agenda.
over this period. For a country of Pakistan’s size, levels of testing remain low at around 14,000 a day. But Reuters calculations, using official data, suggest the infection rate has so far remained relatively steady, with total infections doubling every 9 to 11 days since April 1. Doctors and experts fear the country’s under-funded and creaking healthcare system will crumble under the pressure if the contagion gathers more pace. In the first 20 days of May, over 630 people have died, compared to around 380 in the entire month of April, data tabulated by Reuters shows. There were less than 10 deaths in March. The 32 deaths reported on Wednesday took the total to 1,017, a government website showed, making Pakistan the 25th country worldwide where the toll has crossed a thousand.
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Balochistan extends 'smart lockdown' till June 2 STORY ON PAGE 02 fiqah-e-hanfia
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more inside
Chinese envoy slams US ‘arrogant’ attitude towards CPEC STORY ON PAGE 05
Import of hazardous plastic scrap surges to 65,000 tonnes STORY ON PAGE 09
Debt inquiry commission submits report to PM Imran STORY ON PAGE 03