AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

ISLAMABAD: Two more accused of sugarcane subsidy scam on Wednesday filed acquittal applications under 256-K Code of Criminal Procedure (CrPC).

The Accountability Court-III judge, Syed Asghar Ali, while hearing misappropriation in the government subsidy awarded for sugarcane growers’ reference adjourned hearing and sought reply from the National Accountability Bureau (NAB) after two accused, Ghulam Mustafa and Faraz Ahmed filed acquittal applications. The court adjourned the case till March 22.

The NAB prosecutor, Waseem Javed, appeared before the court.

The bureau filed the reference against the accused over 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.

The accused, in the case, include Abdul Ghani Majeed, Khawaja Mustafa Zulqarnain, and others.

The court had already declared Ali Kamal Majeed, Nimra Majeed, Manahil Majeed, and Saima Majeed, proclaimed offender over their failure to join the trial in the case.

The Sindh government through provincial cane commissioner paid Rs 3.9 billion to various sugar mills for onward payment to genuine sugarcane growers as subsidy on account of supply of sugarcane for the season 2014-2015.

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

The investigation revealed that out of Rs 728.18 million subsidy granted to eight sugar mills of Omni Group, an amount of Rs 346 million had been allegedly misappropriated, in connivance with senior employees by showing their low-paid staff as sugarcane growers.

Copyright Business Recorder, 2022

Comments

Comments are closed.