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Home Breaking News

Fake bank guarantees worth Rs15.33m: FIRs registered against M/s Gomruk Forwarding Company

byCT Report
26/07/2024
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: Directorate of Transit Trade (DTT) Karachi has registered FIRs against M/s Gomruk Forwarding Company, MCB Bank Hasan Square Branch, Irfan and others for submitting fake security instruments, bank guaranties amounting to Rs15.33 million.

According to the details, M/s. Gomruk Forwarding Co., Karachi filed five Goods Declarations (GDs) on behalf of the Afghan importers for clearance of cargo for onward transit to Afghanistan.

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The GDs were processed and subsequently, the customs agent furnished security instruments in the shapes of bank guarantees for securing the amount of customs duty and other taxes involved against clearance of goods as per relevant provisions of law.

All of the Bank Guarantees (BGs) were apparently issued by M/s. MCB Bank Limited, Hassan Square Branch, Gulshan–e–Iqbal, Karachi.

These Bank Guarantees were presented before the security officer of the Directorate of Transit Trade, Karachi, who obtained verification of the Guarantees from concerned Bank.

Information was passed through Director General Wajid Ali to Director Transit Trade Karachi Fawad Ali Shah regarding submission of fake bank guarantees. Therefore, Additional Director Rashid Munir advised Principal Appraiser Sher Khan and Appraising Officer Imran Aslam to verify the guarantees.

Guarantees were personally verified and delivered by hand through an officer to Ghulam Yasin, Branch Manager at the MCB Bank Ltd., Hassan Square Branch, Karachi and reply thereof was collected by hand from the Branch/Bank on the same day, wherein the concerned officials of M/s. MCB Bank Ltd., Hassan Square Branch, Karachi denied the issuance of the above–mentioned five Bank Guarantees. Hence, the Bank Guarantees found fake, forged and fabricated.

It is established that Owner / Proprietor of M/s. Gomruk Forwarding Co., Karachi (Customs Agent CHAL No. KCUS–1585) have furnished fake, forged and fabricated Security Instruments / Bank Guaranties amounting to Rs15.33 million.

Two persons Jawad and Zahid have been arrested. FIR is registered and further investigations are still underway till the filing of this report.

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