AGL 38.31 Decreased By ▼ -0.52 (-1.34%)
AIRLINK 141.40 Decreased By ▼ -2.00 (-1.39%)
BOP 5.64 Increased By ▲ 0.40 (7.63%)
CNERGY 3.87 Increased By ▲ 0.15 (4.03%)
DCL 7.56 Decreased By ▼ -0.02 (-0.26%)
DFML 47.40 Increased By ▲ 1.00 (2.16%)
DGKC 79.75 Decreased By ▼ -1.13 (-1.4%)
FCCL 27.44 Increased By ▲ 0.02 (0.07%)
FFBL 54.85 Decreased By ▼ -0.15 (-0.27%)
FFL 8.60 Increased By ▲ 0.04 (0.47%)
HUBC 113.51 Increased By ▲ 2.49 (2.24%)
HUMNL 11.20 Decreased By ▼ -0.22 (-1.93%)
KEL 3.99 Increased By ▲ 0.22 (5.84%)
KOSM 8.54 Increased By ▲ 0.21 (2.52%)
MLCF 35.00 Decreased By ▼ -0.20 (-0.57%)
NBP 63.80 Increased By ▲ 2.45 (3.99%)
OGDC 169.40 Decreased By ▼ -2.50 (-1.45%)
PAEL 25.18 Decreased By ▼ -0.60 (-2.33%)
PIBTL 5.89 Decreased By ▼ -0.08 (-1.34%)
PPL 125.75 Decreased By ▼ -1.80 (-1.41%)
PRL 24.79 Decreased By ▼ -0.79 (-3.09%)
PTC 13.26 Increased By ▲ 1.11 (9.14%)
SEARL 57.45 Increased By ▲ 0.45 (0.79%)
TELE 7.12 Increased By ▲ 0.02 (0.28%)
TOMCL 35.00 Increased By ▲ 0.20 (0.57%)
TPLP 7.45 Increased By ▲ 0.50 (7.19%)
TREET 14.32 Increased By ▲ 0.47 (3.39%)
TRG 46.54 Decreased By ▼ -0.51 (-1.08%)
UNITY 26.18 Increased By ▲ 0.13 (0.5%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 9,091 Decreased By -2.4 (-0.03%)
BR30 27,347 Increased By 28.9 (0.11%)
KSE100 85,669 Increased By 5.3 (0.01%)
KSE30 27,216 Decreased By -224.9 (-0.82%)

ISLAMABAD: Wheat worth 330 billion rupees was imported in seven months—from August 2023 to March 2024—and 1.3 million metric tonnes of this commodity were found to be defective— suggest the reportedly initial findings of the inquiry committee probing the wheat import scandal.

Some 2.8 million metric tonnes wheat worth Rs 250 billion was imported in the tenure of the former federal caretaker government whereas 700,000 or 0.7 million metric tonnes wheat worth Rs 80 billion was imported by the present federal government, the inquiry panel’s reportedly initial findings, that surfaced on Sunday, suggested.

A total of more than Rs 330 billion or $ 1.1 billion was spent by Pakistan on the wheat import, according to the reports.

PM forms body to probe wheat import matter

The federal government kept mum; it neither confirmed nor denied these reported findings on Sunday.

The reported findings revealed that the wheat was imported from the six countries.

The first of the total 70 wheat consignments reached Pakistan on September 20 last year and the last consignment arrived here on March 31, this year, it is learnt.

It bears mentioning here that Prime Minister Shehbaz Sharif has formed an inquiry committee, headed by Secretary Cabinet Division Kamran Ali Afzal, to investigate the wheat import scandal.

The panel is scheduled to submit its final report to the PM today (Monday).

There were unconfirmed reports that the panel summoned former caretaker finance minister Shamshad Akhtar on Sunday.

Before that, reports suggested that former caretaker PM Anwar-ul-Haq Kakar and current Interior Minister Mohsin Naqvi, in his former official capacity as caretaker chief minister Punjab, were summoned by the inquiry committee— but the inquiry panel head denied these reports on Saturday.

Copyright Business Recorder, 2024

Comments

Comments are closed.

KU May 06, 2024 10:15am
A handful of Raj Baboos' names have surfaced in this corrupt wheat heist, they are the same Baboos who were in charge of Nandipur power project as well as other projects and left a trail of carnage.
thumb_up Recommended (0)
KU May 06, 2024 10:22am
This brings us back to question SIFC and its firm belief in reviving agriculture. Meanwhile, we should withdraw the notion ''Agriculture is the backbone of Pakistan'', till someone is in jail, period.
thumb_up Recommended (0)
IMTIAZ CASSUM AGBOATWALA May 06, 2024 01:28pm
It is unlikely anyone will be held responsible and punished . Incompetent goons .
thumb_up Recommended (0)