Hearing in sugar mills subsidy reference adjourned | Pakistan Today

Hearing in sugar mills subsidy reference adjourned

ISLAMABAD: An accountability court on Thursday heard a reference, filed under charges of embezzlement of funds and corruption in subsidy awarded to sugar mills.

The National Accountability Bureau (NAB) produced Abdul Ghani Majeed, Mustafa Zulqarnain, Salman Younus and other accused in the court presided over by Judge Muhammad Bashir.

NAB prosecutor informed the court that the accused were being questioned and sought more time for completion of the investigation.

The court directed NAB to provide copies of the reference to remaining accused in the reference.

The judge also directed the NAB prosecutor to submit the progress report in the next hearing of the case and adjourned further hearing until January 20.

The reference is filed under charges of embezzlement of millions of funds issued by the government of Sindh to sugar mills as a subsidy for onward payment to sugarcane farmers.

Sindh government through provincial cane commissioner paid Rs3.9 billion to different sugar mills for onward payment to genuine sugar cane growers as subsidy on account of supply of sugar cane for the season 2014-15.

An investigation was conducted on the eight sugar mills owned by Omni Group of Anwar Majeed and his four sons Abdul Ghani Majeed, Nimr Majeed, Mustafa Zulqarnain Majeed and Ali Kamal Majeed.

The investigation revealed that out of Rs728.18 million subsidy granted to the eight sugar mills of Omni Group, an amount of Rs346 million has been allegedly misappropriated in connivance with senior employees by showing their low paid staff as sugarcane growers.



Related posts

Top