The Lahore High Court has issued a detailed written verdict on the petition seeking the return of funds submitted by Punjab Chief Minister Maryam Nawaz as a guarantee in the Chaudhry Sugar Mills case. A three-member full bench, led by Chief Justice Justice Alia Neelum, delivered the eight-page judgment. The court noted that the petitioner […]
Sugar mills
FBR suspends six officials over absence at sugar mills
The Federal Board of Revenue (FBR) has suspended six officials for being unauthorisedly absent from their assigned duties at sugar mills, reaffirming its zero-tolerance policy towards misconduct and dereliction of duty. Read More: FBR rolls out AI monitoring to curb sugar mill tax evasion According to an official news release issued on Monday, the officials had been deployed […]
CCP issues notices to 10 sugar mills over price-fixing allegations
ISLAMABAD – The Competition Commission of Pakistan (CCP) has issued show-cause notices to 10 sugar mills in Punjab for allegedly colluding on the start of the sugarcane crushing season and fixing procurement prices at Rs400 per 40kg. The CCP said the action follows findings of coordinated decision-making that violates competition laws. Read More: Sugar cartel case […]
CCP issues notices to 10 Punjab sugar mills over price fixing
The Competition Commission of Pakistan (CCP) has issued show-cause notices to 10 sugar mills in Punjab for forming a cartel to delay sugarcane crushing and to fix the price of sugarcane purchase from farmers at Rs400 per maund. The commission observed that the sugar mills held a meeting at Fatima Sugar Mills on November 10 […]
Sugar prices spike well above government limit
ISLAMABAD – Sugar prices have skyrocketed in violation of the government’s agreement with mill owners, raising concerns over regulatory enforcement and consumer protection. The surge comes despite an official cap on pricing set earlier this year. According to documents, the government and sugar mill owners had agreed to a maximum sugar price of Rs 171 […]
Amendments in Punjab Sugar Factories Act 1950 approved by Governor
LAHORE: Governor Punjab Chaudhry Muhammad Sarwar on Thursday has approved the amendments in the Punjab Sugar Factories Act 1950. The amendments have been made to provide relief to the growers as it was reported that sugar mills in the province were purchasing sugarcane from the growers ‘off the book’ by violating the rules and regulations. […]
Shehbaz, Hamza indicted in Ramzan Sugar Mills case
An accountability court in Lahore on Tuesday indicted Opposition Leader in the National Assembly Shehbaz Sharif and his son Hamza Shehbaz – opposition leader in the Punjab Assembly – in the Ramzan Sugar Mills reference. Accountability Judge Najamul Hassan read out charges against them. The father-son duo denied charges and opted to contest them. The […]
Hamza, Shahbaz tried in Ramzan Sugar Mills Case
On Monday, Shahbaz Sharif and his son, Hamza Shahbaz, were accused by an accountability court in the Ramzan Sugar Mills case. The father-son duo pleaded not guilty to the charges framed against them, which involve the misuse of their authority and the illegal use of public funds. As the hearing began, a National Accountability Bureau […]