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 Breaking News

Customs Preventive submits charge sheet against CEO of M/s Byco Petroleum Pakistan & others

byM.B. Rana
05/03/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Preventive submitted an interim charge sheet before the customs court against Amjad Javed, proprietor Khurshid Aziz and Sons, Amir Abbassciy, Chief Executive Officer of M/s Byco Petroleum Pakistan, Muhammad Arshad, head of Taxation M/s Byco Petroleum, Imran-ur-Rehman, managing partner M/s Khurram Oils, Shahzad Khan, operations manager/ partner M/s Khurram Oils and others, booked in high speed diesel and other contraband goods.

On 4 March 2020, investigation officer submitted charge sheet and informed the court that on an actionable information was received to the effect that M/s Byco Petroleum is involved in the supply of smuggled HSD to the vessels operating in sea, particularly for consumption by tug boats and fishing boats operating within Pakistan Customs Territorial waters through a barge namely Wania-II.

You might also like

ICCI President warns of economic slowdown due to restrictive policies

16/04/2026

KP govt database allegedly leaked on dark web

16/04/2026

He further submitted that on pursuant to the said information, customs team reached at spot and suspected barge was spotted in the open sea near China Island, within the territorial waters and recovered 230,000 and 41,000 liters high speed diesel and US$ 13,200 equivalent to Rs. 2,061,500.

He further said that during the search, crew member could not satisfied the customs officials, therefore, they were arrested and first information report was lodged against above mentioned suspects.

He added that during the investigation, it was revealed that above mentioned suspects and others are involved in this crime which falls under section 2(s) & 156 (2) and 178 of the customs act, 1969.

According to the charge sheet Maaz-Bin Javed, supervisor M/s Khurram Oils, Syed Tariq Ali Shah, Muhammad Junaid, Muhammad Ishaq, Muhammad Yousuf and others already in custody, however, Zeeshan Malik, managing director of Zeeshan Oils is on pre-arrest bail granted by Sindh High Court (SHC).

 

 

Related Stories

ICCI President warns of economic slowdown due to restrictive policies

byCT Report
16/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood has expressed grave concern over the escalating challenges faced...

KP govt database allegedly leaked on dark web

byCT Report
16/04/2026

PESHAWAR: A database allegedly linked to a Khyber Pakhtunkhwa government website has been shared on the dark web, raising concerns...

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

PRA collects over Rs250 billion in nine months of FY-2026

byCT Report
16/04/2026

LAHORE: The Punjab Revenue Authority has released data for tax collection during the first three quarters of the current fiscal...

Next Post

Customs I&I seizes smuggled carbon steel wire worth Rs5.7m from Mominpura

  • 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.