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Customs Court grants bail to suspect booked in tax evasion case

byM.B. Rana
04/10/2018
in Karachi, Latest News
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KARACHI: The Customs Court granted interim pre-arrest bail to suspect namely Shaikh Adnan Ghani son of Shaikh Usman Ghani, was booked in a tax evasion case.

On October 3, 2018, counsel for the above-mentioned accused moved bail petition and argued that his client is innocent and falsely implicated in this case, who is ready to face trail; however, he has apprehension of arrest; therefore, court may grant him bail till final judgment of this case.

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After hearing his arguments, court granted him bail against the surety of Rs300,000 and issued notices to customs prosecutor and department directing them to file their comments on next date of hearing.

According to the first information report (FIR), suspects namely Afaq Ahmed, proprietor of M/s First Way Link Traders, M/s Kazi Corporation, M/s International Cargo Leaders Pvt Ltd, M/s Faster Business, Shaikh Adnan Ghani, Nadeem Salmani, Asmatullah, Haji Juma Gul, Shah Wali and others are involved in submitting fake and fabricated Form-Es, meaning thereby that the foreign exchange amounting to US$ 3,345,380 (Rs376,775,114) was not remitted in the country, despite that goods have been exported, hence the exporter with the help of clearing agent have hoodwinked customs by submitting fake documents.

Investigation officer further informed the court that above mentioned suspects have violated the provisions of section 16, 32 (1), 32 (1), 32 (2), 32A, 131, 192 & 209 of Customs Act, 1969 pragraph-3, 16 & 17 of Export Policy Order 2016 read with Section 3 of the Imports & Exports Control Act, 1950 further read with Foreign Exchange Regulation Act, 1947, punishable under Clauses 1, 9, 14, 14A, 77 & 77 & 86 of Sub Section 1 of Section 156 of the Customs Act, 1969 paragraph-17 of Export Policy Order-2016 further read with Section-5 of the Imports and Exports Control Act, 1950, further read with the Foreign Exchange Regulation Act, 1947.

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