FIA digs into claims of financial misconduct in LPG imports

ISLAMABAD: The Federal Investigation Agency (FIA) has started an investigation into the allegations of illicit imports and operational irregularities within the liquefied petroleum gas (LPG) sector, following directives from the Special Investment Facilitation Council (SIFC). These allegations, purported to have caused losses worth billions of rupees to consumers and the country’s foreign exchange reserves, are now under scrutiny under the Anti-Money Laundering Act (AMLA) 2010 and the Code of Criminal Procedure (CrPC). The investigation focuses on the management of Sui Southern Gas Company Ltd (SSGC) and several top executives of its subsidiary, SSGC LPG Ltd (SLL). Sources said the SSGC’s board had reportedly suspended the services of the executives nominated in the complaints.