Thursday, August 20, 2009 KARACHI -The Competition Commission of Pakistan (CCP) has directed Pakistan Sugar Mills Association (PSMA) Vice Chairman Javed Kayani to clarify his position regarding his statement, threatening stopping of sugarcane crushing.
The CCP has taken notice of the Kayani s statement, reportedly saying that if the govt does not stop its crackdown, there will be no sugarcane crushing in the next season. The statement was published in all leading newspapers of Tuesday, 18 Aug 09, said CCP press release here. This is prima facie a violation of the Competition Ordinance, 2007 on part of the Association, the statement said adding that the CCP has directed Kayani to clarify his position with regard to his statement. If the statement be confirmed as being true, the Commission would consider initiation of proceedings in accordance with the Competition Ordinance, it added. However, if the statement was falsely reported, the CCP has directed Kayani to issue an immediate denial in all the leading newspapers of the country to clarify PSMA Punjab s position.
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