SWAT: At least 14,000 bags of 50kg of sugar hoarded in three different godowns were recovered by the district administration at Khwazakhela of Swat district on Saturday.
According to Swat Deputy Commissioner Irfanullah Wazir, operations are ongoing on behalf of the district administration to stabilize the prices of sugar and prevent hoarding across, and in this context, Assistant Commissioner Khawazakhela Idrees Khan raided three different godowns.
All the three godowns have been sealed and a total of 14,000 bags have been recovered.
According to the market rate, the value of exported sugar is more than Rs130 million and three persons who were stockpiling sugar have been arrested and remanded and formal cases have been registered against them.
The Swat DC said that the exported sugar was not disclosed to the market committee and after investigation, the commodity would be old at the official rate. He warned that strict action will be taken against those who hoard sugar in the district.
