Lahore: Adviser to the Prime Minister on Accountability Shahzad Akbar has said that a speedy inquiry into sugar scandal is underway.

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.

Apple’s executive reshuffling isn’t over
- 6 hours ago

You can still snag LG’s C4 OLED TV at half the price
- 6 hours ago

Azad Kashmir Information Minister Mazhar Saeed resigns
- 4 hours ago

We’re all about to be in wearable hell
- 6 hours ago

Google to invest $15bn in India
- 5 hours ago

Punjab govt's important decision regarding toll plazas for public convenience
- 5 hours ago

Once a club on the rise, Liverpool in desperate need of a spark under Gareth Taylor
- 3 hours ago

Establishing Palestine with pre-1967 borders is bedrock of Pakistan's Middle East policy: PM
- 5 hours ago

Here’s how Apple is locking down iPhones to comply with Texas’ age verification law
- 6 hours ago

OpenAI allegedly sent police to an AI regulation advocate’s door
- 6 hours ago

Can America recover from Trump? Here’s what new data says.
- 4 hours ago

Abhishek Bachchan first time wins Best Actor Filmfare Award in 25-year career
- 4 hours ago