KARACHI: The Directorate General of Internal Audit-Customs, during its first phase of investigation into gold smuggling case, has submitted its preliminary report to the chairman of Federal Board of Revenue (FBR), it is learnt.
Reliable sources informed Customs Today that the report submitted by the authorities concerned revealed that foreign exchange worth Rs 60 billion could not be brought into the country which was smuggled in the form of gold through submission of fake E-Forms.
Sources further disclosed that around 600 fake E-Forms have been issued by different private banks which have been detected by the Pakistan Customs.
“The gold smuggling on fake E-Form is not only earthed by the Collectorates of Karachi, but also by the Collectorates of Rawalpindi, Lahore, Peshawar and Air Freight Units (AFU),” sources added.
The sources further disclosed that the Directorate General of Internal Audit-Customs, with the consent of the FBR high-ups, has started countrywide audit into the gold smuggling case.
To a query, the sources informed that further investigation is underway and more revelations are expected in coming days.
It is pertinent to mention here that the Federal Investigation Agency (FIA) has already taken-up the gold smuggling case and is investigating it from different dimensions.
