Sugar mills that make sugar more expensive have been fined Rs 44 billion...

The Competition Commission of Pakistan (CCP) has imposed a historic fine of Rs 44 billion on 81 sugar mills across the country for making sugar expensive by forming cartels . According to Express News, the Competition Commission of Pakistan (CCP) has issued a landmark judgment against sugar mills for illegal acquisition of sugar, making it expensive by forming cartels and proving corruption. A fine of Rs 44 billion has been imposed. A four-member commission headed by Chairperson Competition Commission of Pakistan Rahat Konin Hassan and comprising Shaista Bano, Bushra Naz Malik and Mujtaba Ahmed Lodhi investigated the Sugar Mills case. According to the Competition Commission, the Sugar Mills Association and Member Mills were fined for violating Section 4 of the Competition Act, 2010. They have to pay the fine within two months. According to a CCP statement, the agency conducted an investigation against the sugar mills in which the sugar mills were found to have violated the competition laws, sugar mills to set the price of sugar through collusion, illegal utility stores. A fine was imposed for obtaining quota and exporting sugar through Nexus. Sugar mills that make sugar more expensive have been fined Rs 44 billion | Life TV Online https://youtu.be/ZQ6AA1zQD18 #sugarscandal #sugarmills #sugarprices #pakistan #hotnews #breakingnews #lifetvonline #hotnews #Jahagirtareen Today's Hot Update. Click here : https://youtu.be/xQ7xupko4pM website: http://www.lifetvonline.net/ Blog: https://boostpk.blogspot.com/ Reddit: https://www.reddit.com/user/Deejhons786 Facebook : https://www.facebook.com/nadeemmehboo... Instagram: https://www.instagram.com/counselingc... Linked in: https://www.linkedin.com/in/ch-nadeem-86111944/ Twitter: https://twitter.com/deejhonsmedia Pinterest: https://www.pinterest.com/mnagojra786/ Other Projects: http://propertyboompk.com/ http://www.deejhonsmedia.com/