KARACHI: The Customs Court directed the investigation officer of Directorate General of Intelligence & Investigation-FBR to complete investigation and submit a progress report against Akhtar Jameel Rehmani, owner of M/s Union Enterprises and others, who were nominated in first information report (FIR) for a fiscal fraud case and money laundering.
Dated 26 August 2021, during the hearing, investigation officer informs the court that a credible information was received that a unit in export processing zone, Karachi namely M/s Union Enterprises is involved in smuggling through illegal removal of goods imported into KEPZ to tariff area without payment of legitimate amount of duties and taxes.
He further informs the court that inquiry was conducted and during the hearing, it was established that nominated accused person in connivance and collusion without other associates-in-crimes are involved in the illegal removal of goods valuing of Rs362.191 million imported into KEPZ to tariff area and defrauded the public exchequer from its legitimate revenue to the tune of Rs208, 660, 526.
He added that accused persons in the import/ smuggling of referred goods have utilized unaccounted for money/ proceeds of crime, in the fact the said accused along with his associates etc has committed predicate offence of money laundering in violation of the provisions of section 3 & 4 read with clauses (a) & (e) of section VI of Schedule-I to Anti-Money Laundering act, 2010.
He says that the instant complaint is being lodged for investigation as per law, procedure prevalent and legal statutory provisions to unearth and disclose the real facts of culprit and their acts of generating proceeds of crime, which gave birth to this predicate offence. In view of the above, the complaint in terms of section 21(I) & (2) of the Anti-Money Laundering Act, 2010.
