KARACHI: The Customs Court has approved progress report against proprietor/ owners/ partner of M/s Royal Impex and others who were involved in mega tax evasion scam.
On 23 June 2021, investigation officer of Intelligence & Investigation-FBR submitted progress report against the above mentioned suspects and informed the court that during the investigation, it was revealed that above mentioned suspects and their other accomplices all have collectively committed fiscal fraud through submission of tampered and fabricated false import documents and gross mis-declaration of the impugned goods, causing un-authorized transfer of precious foreign exchange amounting to US$ 358,740.00 from Pakistan and smuggling of Pakistani owned goods to a foreign territory i.e KEPZ besides trying to get the impugned goods cleared from customs evading government’s legitimate revenue to the tune of Rs20,285,262.
He further informed the court that they also arranged illegal & unauthorized filing of the GDs with customs on the basis of fake & fabricated signatures of the concerned clearing agent, inquiries made into the matter have further revealed that above mentioned suspects are mastermind of the scam.
He argued that efforts are underway to arrest the nominated accused persons, further investigation in progress, consequent upon expert legal opinion dated Nov 07, 2019 from the departmental counsel and approval of the competent authority vide its order dated Nov 13, 2019, FIR of the case is lodged accordingly, delay in filing of the FIR has occurred due to detailed inquiry conducted into the under reference mega scam, litigation pending with the SHC and subsequent final approval of the competent authority for filing of this FIR.
After the hearing, the court taken progress report on the court record and adjourned the hearing for regular proceedings.
