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 Court issues notices on bail petitions filed by owner, manager of M/s ZY & Co

byM.B. Rana
26/09/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court issued notices to the investigation officer and special prosecutor for customs department on after-arrest bail petitions filed by 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, who are in jail in a case of smuggling 500 MT Vinyl Acetate Monomer worth Rs67,200,000 and duty and taxes are involved Rs17, 407, 286.

On 24 September 2020, counsel for the above mentioned suspects filed petitions for after-arrest bail and argued that prosecution has not single evidence against his clients and they have been falsely implicated in this case.

You might also like

Customs Enforcement destroys contraband, hazardous goods worth Rs1.18b

29/06/2026

RCCI, SMEDA host World MSME Day ceremony

29/06/2026

Counsel submitted that his clients are innocent and ready to submit surety amount against after-arrest bail, therefore, till final judgment, court may grant their bail.

Earlier, 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 Metric Tons vinyl acetate monomer worth Rs 67,200,000 from the spot.

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.

Related Stories

Customs Enforcement destroys contraband, hazardous goods worth Rs1.18b

byCT Report
29/06/2026

LAHORE: Pakistan Customs Enforcement Lahore has destroyed contraband, expired and hazardous goods worth more than Rs1.18 billion, marking another major...

RCCI, SMEDA host World MSME Day ceremony

byCT Report
29/06/2026

RAWALPINDI: President of the Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat, has called on commercial banks to significantly...

PIA’s ownership officially transferred to new owners

byCT Report
29/06/2026

ISLAMABAD: The Pakistan International Airlines' (PIA) ownership has officially been transferred to new owners. According to the PIA spokesperson, the...

FBR restricts green channel for importers without digital integration

byCT Report
29/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to withdraw the green channel facility for importers that fail to...

Next Post

LCCI polls: PIAF-Founder Alliance clean sweeps first phase

  • 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.