After the federal government’s inquiry commission formed to penetrate the walking in sugar rates sent its forensic report, which implicated significant sugar mills in the nation of “underreported sales and fraud”, Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen called the claims levelled versus him “shocking” while Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif stated that the report is “nothing but falsehood”.

Previously, while talking about the report’s findings in a media rundown, Unique Assistant to Prime Minister on Responsibility Mirza Shahzad Akbar determined the mills owned by Shehbaz’s family, Tareen, Khusro Bakhtiar’s sibling and Moonis Elahi and exposed that 6 significant sugar mill groups were serving as “cartels”.

He stated that the business owned by Shehbaz’s family participated in“double reporting” In 2017-18, the business generated extra earnings of Rs1.3 billion and in 2018-19, they made Rs780 million. He likewise stated that sugar mills coming from Tareen’s group were condemned of “double billing” and “over-invoicing” along with “corporate fraud”.

Mentioning Economic Affairs Minister Khusro Bakhtiar, he stated that his sibling is the one who owns a sugar mill and he does not hold politicaloffice “We cannot ask Khusro to resign from his post. An inquiry will be initiated against whoever is directly involved,” he stated.

He stated that amongst the mills shortlisted is Alliance Mills which is owned by the RYKGroup Moonis Elahi has 34 percent ownership of thegroup “[The report] validates the premier’s longheld view that business people in politics will put business first,” Akbar stated.

Reacting to report and the rundown, Tareen stated, “I am shocked at the kind of false allegations levelled against me. I have always run a clean business. All Pakistan knows I always pay full price to my growers. “I DO NOT maintain 2 sets of Books. I pay all my taxes diligently. I will answer every allegation and be vindicated IA.”

Shehbaz, while talking to a regional news outlet, stated that the report is “nothing but falsehood” which the commission did not record the declaration of the “real culprit Imran Khan”.

He stated that“PM Imran is behind the scandal” “My children have been named in the inquiry report but they did not export sugar,” he stated.

Independently, Elahi likewise took to Twitter to comment on the report, stating, “As stated earlier, I am not involved in the management nor am I on the board of any sugar mill. I strongly support the recommendation of commission to control satta/speculation, including new legislation to help government control sugar price manipulation.”

The post Tareen terms sugar inquiry findings ‘shocking’, Shehbaz denies accusations appeared first on World Weekly News.