CMYK
Monday, 8 June, 2020 I 16 Shawwal-ul-Mubarak, 1441 I Rs 15.00 I Vol X No 339 I 12 Pages I Lahore Edition
imran aPProves aCtion against benefiCiaries of sugar subsidy g
FederAl Agencies to investigAte diFFerent Aspects oF the issue ISLAMABAD
s
STAFF REPORT
peciAl Assistant to prime Minister on Accountability Barrister shahzad Akbar on sunday said that the government has decided to refer the issue of rs29 billion subsidy given to the sugar industry to the national Accountability Bureau (nAB) and will has tasked other federal agencies to probe different aspects of the issue. last month, the government made public a report by the sugar Forensic commission (sFc) constituted to investigate and assign responsibility for the shortage and price hike of the commodity in the country in recent times. Addressing a press conference in islamabad along with Federal information Minister shibli Faraz, the pM’s aide said that prime Minister imran Khan chaired a high-level meeting in which he approved recommendations on an action plan against beneficiaries named in the sugar inquiry report. he said that seven major actions were recommended during the meeting and the premier decided to send a reference to nAB of the subsidies given in the country since 1985. “the government will forward the issue of subsidies given to the sugar industry in the last five years to nAB for investigation,” he said, adding that a political family received a subsidy in billions of rupees by exporting sugar to india during the 1990s. Akbar said the government also decided to refer the case of income and sales tax fraud in sugar mills to the Federal Board of revenue (FBr). “Matters related to unnamed accounts and transactions, tax evasion and similar issues were being sent to FBr,” he said, adding that FBr was directed to complete inquiry in 90 days. the FBr would also conduct an audit of sugar mills, he further said. the pM’s aide said that the state Bank of pakistan (sBp) would look into sugar mills’ loans and fake exports. “the Federal investigation Agency (FiA) and securities and exchange commis-
Alarm bells ringing as coronavirus cases surge past 100,000 ISLAMABAD/LAHORE STAFF REPORT
sion of pakistan (secp) would investigate corporate fraud,” he said, adding that stock fraud, shareholder fraud and other types of corporate fraud such as underwriting would be investigated. he said that the FiA has also been tasked to probe the exports of sugar mills. he also said that investigation agency would also probe money-laundering under the guise of sugar business. the matter of cartelisation of the sugar industry is being sent to the competition commission of pakistan (ccp), he added. he further said that the incumbent government has decided to forward the issue of extra crushing to the anti-corruption department. “the issue of extra crushing is also a violation of provincial laws,” he added. Akbar said that an investigation would also be launched to find out where provincial laws were broken. “sugar mill owners have enhanced their capacities without showing it officially to maximise profits. Most importantly, some mills did not pay farmers their dues on time, and showed more price on harvesting of sugarcane. this will be investigated by the anti-corruption units in punjab, Khyber pakhtunkhwa (Kp) and sindh,” he said. referring to recommendations made by the sFc, Akbar said that the “regulatory
framework would be overhauled”. the commission recommended that technology and it be used extensively going forward, the sApM said, explaining that this would involve setting up an online stock system and putting barcodes on sugar bags. he said the premier also recommended that a committee be formed under Minister for industries hammad Azhar that would determine the cost of production and set the price of sugar accordingly. “the government will take on all the mafias in the country one by one. everyone will be held accountable, no matter how rich or politically powerful. no exceptions can be made,” Akbar concluded. speaking on the occasion, Faraz said that the pakistan tehreek-e-insaf (pti) government was committed to holding accountable all those people who placed people, institutions and the future of the country at stake. “our first and foremost priority is to protect the interests of the people,” he said. “A lot of people thought that no action would be taken because there were some big names in the report but accountability is the government’s first priority,” he added.
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CMYK
pakistan’s coronavirus cases surged past 100,000 on sunday while the death toll crossed 2,000 as the provinces and autonomous regions reported more cases and fatalities. As of sunday, sindh had reported 38,108 cases, punjab 37,090, Khyber pakhtunkhwa (Kp) 13,487, Balochistan 6,221, islamabad 4,979, gilgit-Baltistan (gB) 927 and Azad Jammu and Kashmir (AJK) 361. the total number of recoveries stood at 33,465. As the federal government decided to stick to its policy of imposing ‘smart lockdowns’ to deal with the increasing covid-19 cases, the pakistan Muslim league-nawaz (pMl-n) said that prime Minister imran Khan’s “denial of the virus was proving dangerous for the country”. in a statement, party spokesperson Marriyum Aurangzeb criticsed the premier for his government’s response to the outbreak, adding that he needs to come out of “arguments on smart lockdown, elite lockdown and curfew” and should blame his own “incapability and inefficiency” on the coronavirus pandemic. Kp chief minister’s aide Ajmal Wazir, while addressing a press conference, said that the province has an “excellent coordination” with the federal government. he said that the provincial government shares its
input and recommendations during the national coordination committee (ncc) and the national command and operation centre (ncoc) meeting and implements the decisions made by the bodies.
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Coronavirus in
Pakistan
CONFIRMED CASES:
101,468
DAY'S DEATH TOLL:
67
RECOVERED:
DEATHS:
SINDH:
PUNJAB:
33,465 2,032 38,108
37,090
KP:
BALOCHISTAN:
AJK/GB:
ISLAMABAD:
13,487 361/927
6,516
4,979