KARACHI: The Customs Court directed investigation officer to complete investigation and submit charge sheet against Muhammad Amir Sadagar, director M/s Airport Limousine Services and others, who are nominated in a case of tax evasion through investing in the name of employee, depriving exchequer of due amount of tax.
On Feb 01, 2019, investigation officer appeared before the court and informed that during the investigation, it was revealed that the above-named suspect has no financial resources available to purchase property amounting to Rs110,000,000 and no sources to have shareholding in the huge company namely M/s Airport Limousine Services.
He submitted that in a show cause notice, suspect was asked to explain the source of investment in above-mentioned company, where he is director, in response thereof as well, he stated that he has no source available to invest in the above-referred company and he is only a name lender and his employer Saleem Habib Godil is the real owner of his holding in the referred company.
Investigation officer further said that it was found that Muhammad Amir Sadagar and others are involved in concealment of income by using an employee and introducing in the company as director or committing tax evasion and depriving the exchequer of due amount.
