LAHORE: Federal Board of Revenue (FBR) wanted to put the name of owner of Makkah Sugar Mills Riaz Qadeer in Exit Control List (ECL) because Riaz Qadeer is defaulter of tax amounting to more than one billion rupees. FBR authorities show concern that the accused may try to go abroad.
Sources told Customs Today that FBR registered a case against Makkah Sugar Mills on October 4, 2015 in tax evasion and conducted different raids for the arrest of accused.
Sources further said that Investigation and Prosecutionzone of FBR securitized the all the previous records of Makkah Sugar Mill and found that above said sugar mills not submit its sales taxes from FY 2009-10.
During investigations it was also revealed that Makkah Sugar Mills opened many bank accounts in different banks all across the country with the names of drivers and other employees.
FBR (I & P) zone registered a case against the owner of Makkah Sugar Mills in which two accused Riaz Qadeer Butt and Awais Qadeer Butt are nominated.
