Observer Report
Islamabad
The National Accountability Bureau
(NAB) on Friday constituted a combined investigation team of experts to investigate the sugar scam in which a huge subsidy was doled out to mill owners and others for exports.
A NAB spokesman, in a statement, said that the CIT had been constituted in a meeting chaired by Chairman NAB Justice (retd) Javed Iqbal after reviewing the Sugar Commission report in detail.
The CIT has been mandated to conduct the investigations in an impartial, independent, and transparent manner, he said. The CIT is set to obtain details about the subsidy from provinces, financial and audit reports of relevant companies, the Security and Exchange Commission of Pakistan, among other institutions, to probe the scam.
The CIT consists of two investigation officers, financial experts, legal consultants, sugar industry investigation experts, and relevant directors.
Director-General NAB Rawalpindi, Irfan Naeem Mangi, will supervise the investigations, whereas the chairman, deputy chairman, prosecutor general accountability, and DG operations will jointly review the report of the CIT every month.
Chairman NAB has directed to complete the sugar subsidy investigations “professionally” by providing “ample opportunity to individuals and departments and take action against those, who received a subsidy on sugar illegally”.
