KARACHI: The Federal Investigation Agency (FIA) on Sunday released Anwar Majeed’s son Nimr Majeed after questioning in a case pertaining to sugar stocks disappearing from various Omni Group sugar mills.
He was taken into custody on Saturday from outside the Supreme Court’s Karachi registry.
While hearing a suo motu case regarding money-laundering of billions of rupees through fictitious bank accounts, a three-judge bench of the apex court headed by Chief Justice of Pakistan Mian Saqib Nisar directed the FIA to take action against chief executive officers of the sugar mills owned by the Omni Group.
The top judge was informed that the Omni Group sugar mills have removed sugar stocks mortgaged against over Rs11 billion loan from various banks.
He expressed his anger over the disappearance of the seized sugar stocks. “Where were the FIA and police when the sugar was removed,” he asked.
FIA Director General Bashir Memon said that the Omni Group owns nine sugar mills and nine case have been registered against the group over the disappearance of the seized sugar.
