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 Karachi

Customs Court rejects bail of three suspects in hundi/hawala case

byM.B. Rana
26/01/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court has dismissed bail petitions of suspects namely Abu Talib, Talha Abu Talib and Danish and sent back them to jail, who were book in a tax evasion and huni/ hawala case.

However, court granted bail to suspect Muhammad Nazir son of Abdul Qudus against the surety of Rs1,00,000 and issued notices to prosecutor for customs department and investigation officer.

You might also like

DG Valuation sets new customs values for imported almonds vide VR No.2065/2026

15/04/2026

Gas prices may surge as LNG imports halt after strait disruption

15/04/2026

On January 25, 2019, all above mentioned suspects appeared before the court along with their counsels, however, investigation officer was absent, therefore, court directed investigation officer to must appear on next date of hearing along with final challan.

Earlier, investigation officer had produced above mentioned suspects before the court and submitted that during the course of investigation, statement of prosecution witness Suleman Hafeez (clearing agent) was recorded who stated that he being clearing agent has cleared 255 consignments of M/s Globe Traders, details of 145 consignments has been secure whereas remaining details are being secured from Pakistan Customs authorities.

He further stated that M/s Globe Traders imported 145 consignments worth of more than Rs533.544.704 during 2016 to 2018 and an illegal channel of hundi/ hawala through Muhammad Nazeer.

He further disclosed that on 145 consignments, M/s Globe Traders paid duties and taxes to the tune of Rs122,047,083 whereas M/s Globe Traders evaded to the tune of Rs236,319,637, on the amount which was transferred through illegal channel of hundi/ hawala.

Investigation officer argued that it has been established that above mentioned suspects committed offences punishable under section 156 (14A) R/W Section 32A of customs act, 1969.

Related Stories

DG Valuation sets new customs values for imported almonds vide VR No.2065/2026

byCT Report
15/04/2026

KARACHI: The Directorate General of Customs Valuation released Valuation Ruling No. 2065/2026, superseding the previous ruling issued in December 2024....

Gas prices may surge as LNG imports halt after strait disruption

byCT Report
15/04/2026

ISLAMABAD: The impact of the Strait of Hormuz closure is beginning to reach Pakistan, as 22 LNG cargoes expected have...

IT leads list as SECP registers 2,993 companies in March 2026

byCT Report
15/04/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...

Special business passport on cards to ease investment flow: Naqvi

byCT Report
15/04/2026

ISLAMABAD: Federal Interior Minister Mohsin Naqvi indicated that the government is considering issuing special passports for members of the business...

Next Post

M/s Samad Enterprises moves SHC seeking release of plastic bags’ consignment

  • 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.