Akali Dal leader arrested for defrauding cane growers of Rs.40 crore

Despite repeated demands from cane growers, Golden Sandhar Sugar Mill, under its previous management by Wahid Sandhar Sugar Mills continued to neglect its financial obligations

PGurus Newsdesk

September 30, 2023

Despite repeated demands from cane growers, Golden Sandhar Sugar Mill, under its previous management by Wahid Sandhar Sugar Mills continued to neglect its financial obligations

Vigilance Bureau arrests Akali Dal leader Jarnail Singh Wahid, his wife & son for defrauding 600 cane growers

Akali Dal leader Jarnail Singh Wahid, his wife, and son have been arrested by the Punjab Vigilance Bureau from their residence near Phagwara for defrauding 600 cane growers of Rs.40 crore.

Wahid, one of the former partners of the Golden Sandhar Sugar Mill and former Chairman of Markfed, has failed to settle outstanding payments to cane farmers for the past four years, accumulating a staggering debt of Rs.40 crore.

A spokesperson for the Vigilance Bureau said despite repeated demands from cane growers, Golden Sandhar Sugar Mill, under its previous management by Wahid Sandhar Sugar Mills, has continued to neglect its financial obligations.

Moreover, another development is that farmers are now receiving legal notices from IDBI Bank Phagwara, urging them to repay Kisan Credit Card loans of Rs.3 lakh each to the bank.

[With Inputs from IANS]

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