According to news, the local officials of the Gujranwala city led a crackdown on sugar hoarders on Saturday, resulting in a fake shortage of sugar, driving up the price of the commodity. They fined several of the merchants a total of Rs210,000 and sealed several storages.
On the orders of the deputy commissioner, the assistant commissioners and magistrates of Gujranwala went out on a mission to limit commodities hoarding. Authorities charged 14 wholesalers, with a total punishment of Rs210,000 levied against several of those found to be engaged.
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The pricing inspectors also arrested wholesalers who were selling sugar at prices higher than those set by the government, as well as those who were black-marketing the product at higher prices.
It’s worth noting that Punjab Chief Minister Usman Buzdar has urged officials in the state to take strong action against sugar hoarders.
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CM Usman Buzdar has urged Punjab Minister for Industries and Commerce Mian Aslam Iqbal to speed up the operation on sugar hoarders in the state, while chairing a high-level meeting in Lahore.