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The National Accountability Bureau (NAB) has submitted a report to the Supreme Court (SC) on the sugar crisis, and held politicians including sitting ministers responsible for hoarding 316,690 metric tonnes of sugar.
Islamabad, Aug 10 : The National Accountability Bureau (NAB) has submitted a report to the Supreme Court (SC) on the sugar crisis, and held politicians including sitting ministers responsible for hoarding 316,690 metric tonnes of sugar.
The NAB said that former premier Nawaz Sharif, Cabinet ministers Humayun Akhtar and Jehangir Tareen, PML-Q president Chaudhry Shujaat Hussain, Altaf Saleem and former minister Asif Ali Zardari hoarded sugar and were the main beneficiaries of the sugar crisis.
According to the NAB report, Humanyun Akhtar, Federal Minister for Commerce, and his brother Haroon Akhtar, along with their cousin Shamim, were the biggest hoarders of sugar with a consolidated stock of 99,464 metric tonnes.
The second key beneficiaries were Nawaz Sharif and his brother former Punjab Chief Minister Shahbaz Sharif, with a consolidated hoarding of 68,648 metric tonnes.
One of Nawaz' cousins has also been accused of hoarding 10,344 metric tonnes at the Ittefaq Sugar Mills, the Daily Times reported.
Minister for Industries and Production Jehangir Tareen hoarded 46,920 metric tonnes of sugar.
The report revealed that Chaudhry Shujaat Hussain, the owner of Punjab Sugar Mills, hoarded 5,459 metric tonnes of sugar.
Asif Ali Zardari, the spouse of PPP chief Benazir Bhutto and the owner of Ansari Sugar Mills hoarded 8,377 metric tonnes.
These people were nominated in the preliminary fact-finding report on sugar crisis on February 17, 2006, and it covered a period of sugar crisis in the country from December 2004 to the first quarter of 2006 during which the price of sugar shot up from Rs 21 to Rs 45.
The report alleged that the Pakistan sugar industry was predominantly owned by politicians, some of whom had acted contrary to the business laws and hoarded sugar.
ANI
