You will be familiar with these families but just see the subsidy they got in the recent years you will be amazed
The first group was RYK group which has 4 sugar mills owned by Makhdoom Umar Shehryar(a relative of federal minister Khusro Bakhtiar), Chaudry Munir of the opposition PML-N and Monis Elahi of PML-Q they take a subsidy of 3.944 billion during 2015-18
The second group was Mr Tareen’s companies who availed subsidy of 561 million
The third group was Omni Group obtained export subsidy of 901 million
According to the Report about the Scam that published yesterday
“Exporters get benefits in two ways first they were able to gain subsidy and second they made a profit from increasing sugar prices in the local market, the price increased from Rs 55 per kg in December 2018 to RS 71.44 in June 2019, although the GST increase was implemented from July 2019”
Now the next phase of this procedure is very important. This will be the implementation phase i.e. to penalize these rich elites according to the Law. This is an ideal thing which never happens before in this country i.e. Rich elite never got penalty in this country. But let’s hope the things got to change.
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