AGL 38.74 Increased By ▲ 0.18 (0.47%)
AIRLINK 214.50 Increased By ▲ 6.73 (3.24%)
BOP 10.00 Decreased By ▼ -0.06 (-0.6%)
CNERGY 6.67 Decreased By ▼ -0.41 (-5.79%)
DCL 9.75 Decreased By ▼ -0.24 (-2.4%)
DFML 40.25 Decreased By ▼ -0.89 (-2.16%)
DGKC 101.30 Decreased By ▼ -2.16 (-2.09%)
FCCL 36.15 Decreased By ▼ -0.20 (-0.55%)
FFBL 88.00 Decreased By ▼ -3.59 (-3.92%)
FFL 14.20 Decreased By ▼ -0.40 (-2.74%)
HUBC 136.03 Decreased By ▼ -3.40 (-2.44%)
HUMNL 13.95 Decreased By ▼ -0.15 (-1.06%)
KEL 5.75 Decreased By ▼ -0.22 (-3.69%)
KOSM 7.39 Decreased By ▼ -0.47 (-5.98%)
MLCF 46.55 Decreased By ▼ -0.73 (-1.54%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.60 Decreased By ▼ -2.06 (-0.93%)
PAEL 38.60 Increased By ▲ 0.49 (1.29%)
PIBTL 8.99 Decreased By ▼ -0.28 (-3.02%)
PPL 199.95 Decreased By ▼ -5.90 (-2.87%)
PRL 39.29 Decreased By ▼ -0.56 (-1.41%)
PTC 26.21 Decreased By ▼ -0.41 (-1.54%)
SEARL 105.47 Decreased By ▼ -4.77 (-4.33%)
TELE 9.13 Decreased By ▼ -0.10 (-1.08%)
TOMCL 38.19 Decreased By ▼ -0.02 (-0.05%)
TPLP 13.80 Increased By ▲ 0.03 (0.22%)
TREET 25.88 Decreased By ▼ -0.57 (-2.16%)
TRG 59.20 Decreased By ▼ -1.34 (-2.21%)
UNITY 33.65 Decreased By ▼ -0.49 (-1.44%)
WTL 1.76 Decreased By ▼ -0.12 (-6.38%)
BR100 12,086 Decreased By -213.1 (-1.73%)
BR30 37,908 Decreased By -969.4 (-2.49%)
KSE100 112,865 Decreased By -1995.6 (-1.74%)
KSE30 35,511 Decreased By -684.5 (-1.89%)

ISLAMABAD: The Tandlianwala Sugar Mills Limited (TSML) unequivocally denies all claims made in the media and in the complaint filed against the mill’s Unit-2 at Muzaffargarh.

This news and complaint is once again false and maliciously reported with mala fide intent. According to the statement of the TSML issued here on Tuesday, as is the case in the normal course of business, we were asked to produce payment records.

The law states that the complaint process starts by identifying the source of the complaint, which is what we asked the Cane Commissioner’s office to do. This was not done and instead a legal complaint was issued. Due process was not followed and these actions are completely breaking from the process outlined in the relevant law. We reserve all rights to legal recourse and will pursue all options, including against repeated defamation.

TSML has a longstanding practice and detailed procedures to document and report activity and comply with all relevant laws.

TSML is proud of paying all its due share in taxes and supporting thousands of sugarcane growers. We are a transparent, public-listed company and given our multi-decade track record, we can confidently deny all of these claims.—PR

Copyright Business Recorder, 2021

Comments

Comments are closed.