The country?s six largest sugar mills owe Rs2.65 billion to the Trading Corporation of Pakistan, the government?s trading wing, an audit report said.

In a meeting of the Public Accounts Committee, it was revealed that Tandlianwala Sugar Mills Limited, owned by Humayun Akhtar Khan, is the biggest defaulter and owed 1.15 billion to the government.

According to the audit report, TMK Sugar Mills, owned by Mohsin Tabani, is at the second place and has defaulted by 640.74 million, followed by Abdullah Sugar Mills Limited at Rs510.64 million. Sehri Sugar Mills owed the government Rs150 million, the report said.

Secretary Commerce said that the TPC has moved the court against the defaulters.

The PAC has decided to write to the Economic Coordination Committee with the request to halt advance payment to the sugar mills.