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    Modi lands Saudi Arabia on invitation of Crown Prince MBS

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    Israel to open new route for Palestinians fleeing from besieged Gaza city

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    Afghanistan earthquake kills 622 with more than 1,500 injured

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    Sugar price peaks to record high amid shortage

    Commissioner Karachi sets retail, wholesale prices of Sugar

    IMF reaches staff-level agreement with Pakistan on final review of $3bn SBA

    Pakistan prepares for IMF review talks under EFF program

    FBR introduces new law mandating NOC for property transactions

    FBR chief dismisses reports of Rs100bn loss in faceless customs system

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    Wheat price slashed in Karachi

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Abdul Razzak Dawood records his statement before sugar inquiry commission

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Special advisor to Prime Minister (SAPM) on Commerce and Investment Abdul Razzak Dawood appeared before the sugar inquiry commission on Thursday.

According to details, Abdul Razzak Dawood was summoned by the sugar inquiry commission to question him regarding sugar exports and subsidies in light of the sugar crisis that gripped the country few months ago.

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Sources say that Abdul Razak Dawood headed the sugar advisory board and it was upon his advice that Economic Coordination Committee (ECC) permitted the export of 1.1 million tonnes of sugar in October and December of 2018.

Prior to this Federal Minister for planning and development Asad Umar had appeared before the sugar inquiry commission, on Tuesday, to answer commission’s questions regarding ECC’s decision regarding sugar exports.

Asad Umar was followed by Chief Minister Punjab Usman Buzdar, who on Wednesday, appeared before the commission to answer its queries regarding freight subsidies given to 24 sugar mills in Punjab from 2017 to 2019 amounting to Rs11.8 billion.

CM Usman Buzdar was also inquired about his decision to reward Rs 2.5 billion in subsidies for 15 sugar mills in Punjab in 2019, which also includes PTI leader Jahangir Tarin’s JK Sugar Mills Pvt Ltd, which received Rs 5 million from Punjab government last year.

Furthermore, Chief Minister Sindh Murad Ali Shah has refused to appear before the sugar inquiry commission on Thursday.

“The Sindh government had nothing to do with the subsidy on sugar and price hike,” read the statement issued by Sindh government.

It is to be noted that the sugar inquiry commission, headed by Federal Investigation Agency (FIA) Director General Wajid Zia, has been formed on the directions of Prime Minister Imran Khan to investigate the sugar crisis in the country during 2018 to 2020.

Tags: Abdul Razzak Dawoodsugar crisis pakistanSugar inquiry commission

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