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Home Breaking News

Customs court approves progress report against owner of M/s ZY & Co arrested in smuggling case

byM.B. Rana
21/09/2020
in Breaking News, Karachi, Latest News
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KARACHI: Investigation officer of Customs Enforcement & Compliance Karachi has submitted progress report against suspects namely Ghulam Shoaib son of Khawaja M Yaqoob, owner of M/s ZY & Co and Umair Sabir son of Sabir Ali, manager of M/s ZY & Co in a case of smuggling 500 MT vinyl acetate monomer worth Rs67,200,000 and duty and taxes are involved of Rs17, 407, 286.

On 18 September 2020, investigation officer submitted interim charge sheet and informed that information was received through the collector Enforcement & Compliance to the effect that M/s Clover Pakistan with the connivance of M/s ZY & Co have illegally removed non-duty paid vinyl acetate monomer from bonded oil tank, therefore, customs officials have reached the same and during the examination recovered 500 MT vinyl acetate monomer worth Rs67,200,000 from the spot.

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After the hearing, court approved charge sheet and adjourned the matter for regular hearing.

Names of Habibullah, Muhammad Raees, Wasif Arshad, Akram Shah, Haider and Asfandyar mentioned in charge sheet as witnesses of this case.

According to the prosecution, case was registered by Habibullah Appraising officer against the above mentioned suspects for violation of section 32 (A) 97, 98, 116 of the customs act, 1969 punishable under clauses 14A, 58, 59, 61 and 62 of section 156(1)ibid.

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