Daily The Business

Theft of Rs 480m natural gas FIR lodges FIA against Yaqoob Steel Mills owner, SNGPL staff

Our Special Reporter

LAHORE: The Federal Investigation Agency (FIA) Thursday registered FIR
against for Yaqoob Steel Mills and SNGPL for committing a theft of
over Rs 480 million’s natural.

As per the official sources the FIA in the light of the government’ s
drive against gas theft and its pilferage, Punjab Zone-I Lahore FIA
Director Muhammad Waqar Abbasi directed Incharge EGOA ,Fayyaz Hammid
to take action against Gas theft.

Upon the secret information a team was constituted and a raid was
conducted at Yaqoob Steel Mills, Main Sheikhupura Road Lahore.

The FIA team during the raid successfully discovered an illegally
installed direct bypass of 2 inch DIA in connivance with of SNGPL
staff at the Yaqoob Steel Mills’ factory.

It was said that the directly fitted by pass of 18 inches was
connected with the main pipe line of SNGPL.

The FIA team seizing the bypass has registered Fir against the owner
of the steel mills and SNGPL staff and initiated investigations into
the case..

The FIA sources disclosed that the accused is a habitual offender who
in 2017, was also caught red handed.

A loss of 480 million has been caused to national exchequer due to
this direct bypass.

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