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55 thousand bags of stocked sugar bags recovered from Sharifs Mill in Chini Goth

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Sharif family sugar mills raided during anti-hoarding operation


Web Desk On Feb 24, 2020


UCH SHARIF:

The district administration has raided Ittefaq Sugar Mills owned by Sharif family
during anti-hoarding operation and seized a huge quantity of sugar sacks hidden inside a go-down, ARY News reported on Monday.



The raid was conducted by the district administration at a go-down situated in a suburban part of Uch Sharif, Chani Goth, and recovered 55,000 sugar sacks from the Sharif family’s sugar mills.






Assistant Commissioner said the raid was carried out following information of police’s special branch and the go-down was also sealed after the recovery of hoarded sugar sacks.


Earlier on February 21, the authorities had claimed recovery of more than 100,000 sugar sacks during a raid conducted at a factory’s go-down in Sindh’s Kotri city.



In a major action against sugar hoarders over directives of Prime Minister Imran Khan, a team led by ADC Shaukat Ali Ajan raided a go-down of a hi-tech mill in Kotri where more than 100,000 sugar sacks were hidden.



The factory owner is identified as Haseeb Shaikh s/o Habib Shaikh and authorities find clues of his alleged connections with the influential persons in the government.


It emerged that Haseeb Shaikh is a resident of Khairpur and nephew of Deputy Inspector General (DIG) Hyderabad Naeem Shaikh.



Moreover, Pakistan People’s Party (PPP) leader Manzoor Wasaan is also a partner in the hi-tech mill
,
whereas, the father of the mill’s owner was a former officer at Sindh’s Works Department in Karachi who had been facing a corruption case registered by the National Accountability Bureau (NAB).


https://arynews.tv/en/sharif-family-ittefaq-sugar-mills-raid-anti-hoarding-operation/

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PPP and PMLN Manufactring a crises


50 thousand bags of sugar recovered from Sharifs mills and 1 lac from Sheikh Haseeb patner of Manzoor Wasan PPP


PPP and PMLN are trying to create sugar crises like the one before Election 2007
when suddenly gas and electricity load shedding started and flour crisis before election 2007 It was so severe that RANGERS had to be stationed at the flour mills
 
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How do they know if the bags were being hoarded or were being held as reserves? Surely you don't expect sugar mills to sell all their stock in one go and wait for the next sugarcane cultivation season to produce a new batch of sugar? It takes 12 months for sugarcane to mature. Plus, as this is cultivation season it would be common to find thousands of sugar bags in the mills.

Indeed, sugar-industrial complex or SIC (a term I am adopting from military-industrial complex or MIC) does appear to exist. But what PTI Gov does not realise is that the mismanaged and bias crackdowns against the complex are now creating 'marketeer phenomenon.' The mills have turned off their furnaces as of past few days, meaning they will not be taking sugarcane from the growers or producing sugar. Taking this opportunity marketeers have emerged who are buying sugarcane from the growers. It is likely that they would export the sugarcane or if the mills open up anytime soon they would sell it at a higher price. This could lead to a decline in supply and a rise in demand, increasing the cost of sugar even further.

As a sugarcane grower myself I can assure you no one is bothered more by this SIC then us growers and we understand the problem the marketeer phenomenon might bring but we cannot hold onto sugarcane for longer. Maintaining the field would cost us and the lands also need to be cleared for the next cultivation. Thus we would need to sell sugarcane to marketeers at the first opportunity.

What the Gov needs to do is regulate the sugar industry and its production. Mills must declare their storages and the bags of sugar stored there must be declared and accounted for by a national body throughout the year. Undeclared storages sites should be deemed illegal and bags stored there as hoardings. These should be confiscated. In addition to cracking down on hoardings, Gov should prioritise cracking down on monopolization of the sugar industry by the few, which involves individuals who live and thrive not just under the shadows of PPP or PLM-N leaderships but also PTI's.
 
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How do they know if the bags were being hoarded or were being held as reserves? Surely you don't expect sugar mills to sell all their stock in one go and wait for the next sugarcane cultivation season to produce a new batch of sugar? It takes 12 months for sugarcane to mature. Plus, as this is cultivation season it would be common to find thousands of sugar bags in the mills.

Indeed, sugar-industrial complex or SIC (a term I am adopting from military-industrial complex or MIC) does appear to exist. But what PTI Gov does not realise is that the mismanaged and bias crackdowns against the complex are now creating 'marketeer phenomenon.' The mills have turned off their furnaces as of past few days, meaning they will not be taking sugarcane from the growers or producing sugar. Taking this opportunity marketeers have emerged who are buying sugarcane from the growers. It is likely that they would export the sugarcane or if the mills open up anytime soon they would sell it at a higher price. This could lead to a decline in supply and a rise in demand, increasing the cost of sugar even further.

As a sugarcane grower myself I can assure you no one is bothered more by this SIC then us growers and we understand the problem the marketeer phenomenon might bring but we cannot hold onto sugarcane for longer. Maintaining the field would cost us and the lands also need to be cleared for the next cultivation. Thus we would need to sell sugarcane to marketeers at the first opportunity.

What the Gov needs to do is regulate the sugar industry and its production. Mills must declare their storages and the bags of sugar stored there must be declared and accounted for by a national body throughout the year. Undeclared storages sites should be deemed illegal and bags stored there as hoardings. These should be confiscated. In addition to cracking down on hoardings, Gov should prioritise cracking down on monopolization of the sugar industry by the few, which involves individuals who live and thrive not just under the shadows of PPP or PLM-N leaderships but also PTI's.



The mill had not done any crushing in 12 months, so obviously the stored sugar wasn't from their own production but hoarded to artificially raise the price. Always helps to educate oneself of all the facts.
 
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Over 55,000 Sugar Bags Recovered From Sharif Brothers' Mills

92 news report

 
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@LaWhore court, what the hell is your problem!??? PML-N aren't paying you good money to just sit idoly by while the wicked democratically elected regime, are helping themselfs by trying to spoil the plans by our illustrious leaders Nawaz et al, who are only causing the artificial shortage of sugar, for the sole reason of good dental hygiene, I'm sure even the President of Pakistan would concur if he wasn't hypnotised by the handsome PM.... that wicked wicked 'self righteous man.'
 
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Tum kitni boriyan pakro ge abhi to in ke har voter ke ghar se bori nikley gi.
 
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