report in The Express Tribune, Nov 15, 2020
LAHORE: The Federal Investigation Agency (FIA) booked Pakistan Tehreek-e-Insaf’s (PTI) Jahangir Tareen, his son Ali Tareen, and sons of Pakistan Muslim League – Nawaz (PML-N) leader Shehbaz Sharif, Hamza Shahbaz and Suleiman Shehbaz, in separate cases pertaining to the sugar crisis and money laundering.
According to FIA sources, the cases have provisions of betrayal of trust, fraud and deception included in the FIR.
…….On October 23, it was reported that an official inquiry report had revealed that the Pakistan Sugar Mills Association – the representative body of the sugar barons, is prima facie a “cartel” that manipulated the recent price hike with active coordination of a senior officer of JDW Sugar Mills Group, owned by Jahangir Khan Tareen.
The Competition Commission of Pakistan (CCP) – the entity responsible for ensuring fair play in the market, concluded a 10-month long inquiry and unearthed that the PSMA was indulged in illegal activities, according to a briefing by the CCP and its official inquiry report.
The findings also showed that the millers managed a decision to influence the PTI government to allow export of 1.1 million tons of sugar that also caused a 48% increase in its prices…….
https://tribune.com.pk/story/2272331/fia-books-tareen-his-son-and-shehbazs-sons-in-separate-cases
