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Why the Govt has failed to Control the Rising Price of Sugar in the Country?

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According to Ansar Abbasi, while the sugar scandal case was being investigated, the sugar mafia started threatening FIA Director General Wajid Zia over the increase in sugar prices. The sugar mafia demanded that the inquiry be stopped or else a sugar crisis would be created.

In this regard, it was reported on April 5 that the sugar mafia has warned Prime Minister Imran Khan as well as DG FIA and Chairman Inquiry Commission Wajid Zia to stop the investigation into the sugar scandal immediately, otherwise, there will be a severe shortage of sugar in the country, as a result of which the price of sugar can go up to Rs 110 per kg.

According to The News, DG FIA Wajid Zia, who was the head of the commission, was asked from the mafia to stop the investigation, or else the price of sugar would go up to Rs 110. The DG FIA informed the Prime Minister’s Office of the threat he had received.

ALSO READ: Imran Khan Directed Federal Agencies to Start Crackdown Against Sugar Mafia

Despite threats and pressure, the Commission of Inquiry not only completed its work but also the Prime Minister fulfilled his promise by publicizing the report. However, the government’s efforts to stem the rise in sugar prices have not been successful.

Under the action plan announced by the government to root out the sugar mafia, seven federal and provincial agencies have been tasked to take different types of criminal, regulatory and tax-related measures against those found guilty in the Sugar Commission report.

According to these orders, the politicians whose sugar mills were named in the forensic audit had to be questioned by the NAB and six other state agencies. These agencies include the NAB, FIA, SECP, FBR, Competition Commission, SBP, and provincial anti-corruption departments.

ALSO READ: Sindh High Court Directed the Government to Halt further Action against Sugar Mills

These state agencies had to send a reference to the NAB for an investigation into the total subsidy of Rs 29 billion given to the sugar industry by the provincial and federal governments in the last five years.

The FBR had to investigate the income tax and sales tax issues related to tax evasion and anonymous transactions and submit an investigation report within 90 days.

The Competition Commission was asked to investigate anti-competitive and cartelization issues in the sugar industry and submit its report within 90 days.

ALSO READ: Imran Khan’s Victory over Profiteers – Billions of Rupees are Lost by the Mafia

The SBP was ordered to investigate matters related to the sale of stock, waiver of loans, and repayment of loans and exports.

The FIA ​​and SECP were asked to investigate corporate fraud in sugar mills.

The task of provincial anti-corruption agencies was to prosecute sugar mill owners for violations of provincial laws, including paying farmers less than the decided amount and committing illegal deductions.

Institutions were given 90 days for the report, but the facts are that sugar is being sold at Rs 100 per kg in most parts of the country, while prices have risen to Rs 110 in some areas.

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