Industries and Production Minister Manzoor Ahmed Wattoo claimed that mills owned by Mian Nawaz Sharif and Humayun Akhtar were involved in sugar hoarding.

He made this startling disclosure while talking to reporters at the Prime Minister House here on Friday.Prime Minister Gilani said on Friday that stocks of three sugar mills, which were not allowing the TCP to lift their already contracted stocks, would be confiscated, if they did not release their stocks as per agreement.

Wattoo not only revealed the identity of these sugar mills but also gave details of stocks they possessed.Wattoo said the Tandilianwala Sugar Mills owned by former commerce minister Humayun Akhtar Khan and his brother Senator Haroon Akhtar Khan possessed 78,000 tonnes stocks of the TCP.

“The Brother Sugar Mills owned by PML-N Quaid Nawaz Sharif and his family, has a stock of 10,000 tonnes, while the third mills is the Kashmir Sugar Mills with a stock of 5,000 tonnes,” he added.

He said sugar prices, which have reached all-time high of Rs 55-60 per kg in various parts of the country, would remain unchanged at Rs38 per kg at USC outlets. He said the sale of sugar at outlets would benefit consumers to the tune of Rs 980 million because the price difference of sugar with the market price was Rs 12-14 per kg.
Courtesy The News

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