Chinese scandal; Sharif family and Jahangir Tareen's notices against sugar mills annulled – Express Urdu

Lahore High Court partially approves petitions of Al Arabiya and JDW Sugar Mills

The Lahore High Court quashed notices despatched by the JIT, FIA and SECP to the Sharif household's Al Arabiya Sugar Mills and Jahangir Tareen's JDW Sugar Mills.

A two-member bench comprising Justice Shahid Karim and Justice Sajid Mehmood Sethi, whereas delivering a protected verdict, partially accepted the petitions of Sugar Mills.

Also learn this information: Forensic audit of Chinese scandal completed, billions of tax fraud revealed

The court docket dominated that the SECP didn’t play its position in accordance with the legislation. The authority of the IA might be defined in an in depth choice.

Also learn this information: Showcause Notice of Competition Commission to Sugar Mills Association and 84 Sugar Mills

Earlier this yr, there was a sudden rise in sugar costs and shortages within the nation. The federal authorities had on March 16 constituted a three-member high-level fee of inquiry to seek out out the explanations. The Federal Investigation Agency's (FIA) investigation report on the Chinese disaster revealed that the most important beneficiaries of the Chinese disaster within the nation had been Jahangir Tareen, the brother of Federal Minister Khusro Bakhtiar and Monis Elahi's corporations.

Also learn this information: FIA officer Sajjad Mustafa Bajwa fired in sugar scandal

The petitioners had taken the place that Farooqi Pulp Mills and Al-Arabiya Sugar Mills have been falsely accused of company fraud. The Federal Cabinet has illegally ordered an inquiry towards Farooqi Pulp Mills and Al-Arabiya Sugar Mills. Therefore, the court docket ought to declare the JIT discover of summons from Al-Arabiya Sugar Mills unlawful whereas annulment of the orders of inquiry of the federal authorities towards Al-Arabiya Sugar Mills and Farooqi Pulp Mills. To be prevented from doing so.

About shoaib

Desirulez is First biggest platform provides the latest Desi videos song, Desi movies, Desi Drama serial, Desi health beauty tips, Desi play online Games and Desi Topic or news

Check Also

Committee formed to investigate power breakdown – Express Urdu

Power breakdown plunges total nation into darkness Photo: File Islamabad: A excessive degree committee has …

Leave a Reply

Your email address will not be published. Required fields are marked *