The prime suspect, Sheikh Rashid, in the Sadiqabad sugar scam, accused of embezzling billions of rupees from sugar dealers and traders, has reportedly fled.
The National Accountability Bureau (NAB) has launched an inquiry into the “mega sugar scandal,” which has resulted in financial losses to the national treasury. A NAB team and the local administration, including the Assistant Commissioner, recently visited Sadiqabad to investigate the issue further.
The Assistant Commissioner announced that affected individuals are urged to submit their claims to the NAB’s Lahore office. Meanwhile, the NAB’s Lahore Director General has assembled a special team to investigate the roles of Sheikh Rashid, Kashif, and Faisal immediately.
According to an NAB spokesperson, four warehouses owned by Sheikh Rashid in Sadiqabad for storing sugar have been sealed following directives from the NAB’s Director General.
The Federal Board of Revenue (FBR) has deployed special teams to monitor sugar mills throughout Pakistan to combat tax evasion.
An FBR spokesperson stated that field teams actively monitor sugar production, sales, clearance, stock, and other mill activities. The FBR spokesperson emphasizes that a tax stamp is mandatory on each sack of sugar. Failure to comply with the tax stamp requirement could result in the seizure of the entire stock and a three-year prison sentence for offenders.
