Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Customs court sends suspect on physical remand booked in misusing pay-order

byM.B. Rana
30/05/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has sent a suspect, Muhammad Rafiq I/c WeBOC Collection Counter, OG-II, National Bank of Pakistan, Customs House Branch, Karachi, to Customs Department’s lockup on physical remand who was allegedly involved in misusing pay-order worth Rs 2.3 million.

the court also directed the investigation officer to produce him on the next date of hearing along with a progress report.
According to the FIR, Customs official received the information that a pay-order number 2626509 dated 03/01/2017 of Rs2.3million was issued by Meezan Bank Limited Karachi into account of M/s NSB Bearing private limited, authorised importer, was illegally and allegedly deposited into PD Account of FA Corporation, whose owner is accused Faiz Sarwar.

You might also like

Pakistan Customs sets new import values for massage chairs under VR No.2110/2026

06/10/2026

SECP sets deadline for Annual General Meetings of companies

06/10/2026

According to the prosecution, Muhammad Rafiq was actively involved in this illegal depositing of pay-order. “At the time of deposit of funds into PD Accounts by the NBP, the WeBOC system asks the NTN number of PD Account Holder in which funds are to be deposited. After entering the NTN number by the bank official, the WeBOC system displays the name of the PD account holder. It is the responsibility of functionary of NBP concerned to check the PD account holder’s name displayed by the WeBO system and the name of authorised importer on pay-order.”

The FIR revealed that only, if both names are matched, the pay-order should be accepted for PD account deposit otherwise it is not allowed. It claimed that Muhammad Rafiq entered the NTN number of accused Faiz Sarwar despite the fact that the pay-order was in the name of M/s NSB Bearing (Pvt) Ltd.

The FIR also mentioned that co-accused Muhammad Rafiq has submitted false information into the WeBOC system electronically in order to defraud the government from its legitimate asset and committed a fiscal fraud as defined under Sections 32A of the Customs Act-1969 punishable under clause 14A of Section 156(1) of the Customs Act-1969.

 

Related Stories

Pakistan Customs sets new import values for massage chairs under VR No.2110/2026

byCT Report
06/10/2026

LAHORE: The Directorate General of Customs Valuation has set fresh customs values for imported massage chairs and other massagers, fixing...

SECP sets deadline for Annual General Meetings of companies

byCT Report
06/10/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) just issued an important advisory. Specifically, the SECP advised companies with...

Four FBR officials killed by unidentified gunmen in Dera Ismail Khan

byCT Report
06/10/2026

DERA ISMAIL KHAN: At least four officials of Federal Board of Revenue (FBR) were killed in an armed attack near...

SBP announces new digital system for cheque clearing & settlement

byCT Report
06/10/2026

KARACHI: The State Bank of Pakistan (SBP) has announced the launch of the Pakistan Express Clearing System (PECS) to strengthen...

Next Post

Accused smuggler of 14-kg gold’s judicial remand extended for 14 days

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.