Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

NAB constitutes joint investigation team on sugar subsidy scandal

byCT Report
11/09/2020
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The National Accountability Bureau (NAB) has constituted a joint investigation team for carrying out a thorough probe into sugar subsidy scandal.

The decision was taken in a session chaired by NAB chairman Justice Retd Javed Iqbal today for reviewing the report of sugar commission.

You might also like

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

27/08/2026

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

27/08/2026

According to NAB spokesperson, the team will comprise of two investigation officers, economic experts and legal consultants. The anti-corruption watchdog decided to include experts of sugar industry and additional director in the team which will be headed by NAB Director-General Rawalpindi chapter Irfan Naeem Mangi.

The NAB headquarters will review the progress report of the joint investigation team on monthly basis. The team has been tasked to collect records of subsidy on sugar from all provinces besides acquiring reports of financial and audit of the concerned companies through the Securities Exchange Commission of Pakistan (SECP).

During the meeting, NAB chairman Javed Iqbal said that the institution will initiate an indiscriminate, and transparent investigation in the sugar subsidy scandal where concerned officials and departments will be given full chance to clarify their positions.

He vowed that NAB will take action in accordance with the law against those illegally received sugar subsidy.

On the directives of Prime Minister Imran Khan, the federal government had made public reports of a high-level inquiry into the sugar and wheat crises on April 4 that had hit the people hard across the country in January.

Under the stewardship of Federal Investigation Agency (FIA) director general Wajid Zia, two teams had carried out a probe into the crises and furnished their reports to the prime minister upon completion for perusal. The report had been made public after PM Imran Khan went through it.

Related Stories

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

byCT Report
27/08/2026

ISLAMABAD: Saudi investor Asyad Group has expressed its commitment to expand its existing investments in Pakistan and explore new opportunities...

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

byCT Report
27/08/2026

ISLAMABAD: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has urged the government to retain safeguards against the...

Iran bans Pakistani firm over exporting untreated mangoes

byCT Report
27/08/2026

ISLAMABAD: Iran has officially banned a Pakistani hot water treatment facility after detecting pest contamination in exported mango shipments, sparking...

Madrassas set to join formal banking system after landmark agreement

byCT Report
27/08/2026

KARACHI: Religious leaders, the State Bank of Pakistan (SBP) and financial institutions have agreed on a plan to resolve the...

Next Post

SBP reserves surge to $12.8b

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.