Speedy inquiry into sugar scandal underway, says Shahzad Akbar

While addressing a press conference, the advisor to PM said that the ruling party has decided to take action following a hike in sugar price, last year.

“The Federal Investigation Agency (FIA) and the National Accountability Burea (NAB) were given the task to investigate the scan. The price of sugar is determined not just by sugar mills but also the market forces,” he added.

He further stated that government has obtained several documents highlighting how sugar mafia was fixing the rates of the sugar in advance on WhatsApp, s

Shahzad Akbar said that there were reports that sugar prices were increased by 25% during the Holy month of Razaman.

The Federal Investigation Agency (FIA) on Wednesday registered two cases against Pakistan Tehreek-i-Insaf leader (PTI) leader Jahangir Tareen and his son over Rs. 3 billion financial embezzlement and their involvement in sugar scandal.

According to the FIA, Former Secretary Agriculture Rana Naseem was the patron of the sugar mill mafia scandal, for which his name is also included in the registered case.

The second case includes the names of Jahangir Tareen, his son Ali Tareen and two daughters.

FIA has detected that Jahangir Tareen transferred Rs 3 billion from his son-in-law's unfunctional paper factory, JDW which was later transferred to the accounts of Tareen family.

The PTI leader’s factory has 26% public shareholders.

According to sources, the FIA will record their statements in person before reaching a decision based on evidence whether to arrest them or not.

Earlier the FIA lodged a case over sugar scam under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code and r/w 3/4 of Anti Money Laundering Act.