Decision to send tax evasion case of sugar mills to FBR
ISLAMABAD (92 News) – 92 news channel obtained the details of further action following the inquiry commission report.
According to the details, it has been decided to send the case of tax evasion of sugar mills to Federal Board of Revenue (FBR). It was also reported that the inquiries against the perpetrators including all sugar mills and their owners will be forwarded to the National Accountability Bureau (NAB).
The matters relating to financial crimes will be referred to the SECP, while cartelisation crimes would be under-come the Competition Commission of Pakistan (CCP).
A day earlier, the government had made public the report of the Sugar inquiry commission. Special Assistant to Prime Minister on Accountability Shahzad Akbar said that the government has decided to make the sugar inquiry report public.
Addressing a press conference on Thursday, he said that the report would be posted on the website of Press Information Department (PID).
He said that it had been stated in the report that Omni Group benefitted from the subsidy given to the sugar mills by Sindh Chief Minister Syed Murad Ali Shah. “Prime Minister Imran Khan has been since day one that if a businessman enters politics he will do businessman. Farmers have been exploited from the purchase of sugarcane to procurement and sugar-making process,” he said.
The special assistant said that JDW Group and ARY Group have the greatest share in the market. “Moreover, Tandlianwala Group, Sharif Group, Omni Group, Al-Moeez Group, Shamim Khan and Nauman Khan are the central share holders,” he said, adding that Al-Arabia Mills and Salman Shehbaz and Hamza Shehbaz are 25-25 percent shareholders.
Shahzad Akbar said that deduction from farmers is an excess. “It has been informed in the inquiry report that how much cost is incurred on the sugar production. In 2017, the production cost was shown Rs51 per kg, but the forensic report shows it Rs38 per kg,” he said.
He said that the Centre had not given the subsidy this year. “Imran Khan’s biggest achievement is to expose the sugar mafia. It is the business which is run by taxes paid by the government,” he said.
The special assistant said that the middleman had also looted the farmer with both hands. “Sugar to be exported to Peshawar is sold out in Peshawar. The inquiry commission cannot place anyone on the ECL,” he said.
He said that Khusru Bakhtiar does not own any sugar mill. “However, Khusru’s brother owns sugar mills. The PM has directed all advisers to submit their assets,” he said.
Shahzad Akbar said that the institutions had been made hostage and a vigorous campaign would be launched after Eid to rescue them.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔