ISLAMABAD: The case of 25.5 kilogram gold belonged to M/s Global Enterprises confiscated by Customs Collectorate Islamabad is still pending to be adjudicated by Islamabad High Court for the last four years.
Advocate Mazhar Ul Haq Hashmi, representative of petitioner M/s Global Enterprises told Customs Today that Customs Collectorate, Air Fright Unit (AFU) had confiscated 25.5 kilogram gold having worth at that time Rs130 million and registered a criminal petition against M/s Global Enterprises for illegally importing of heavy amount of gold in Customs Court Rawalpindi in 2014.
Meanwhile, the AFU Islamabad also arrested the representative of Global Enterprises namely Majeed.
Hashmi added that the Islamabad Council was not showing interest in the case filed by Islamabad against the M/s Global Enterprises in the Customs Court Rawalpindi, observing such situation and circumstances of loss in million.
M/s Global Enterprises registered reference case in Islamabad High Court in 2014 stated that it imported the 25.5 kilogram of gold under the SRO.299 and MCC Islamabad AFU seized the gold without any valid reasons, where Justice Shaukat Aziz Siddiqui has granted bail to the arrested Majeed and admitted the reference for trail; however, MCC Islamabad Council till now using delay tactics and hanging the case since 2014, he added.
Advocate Hashmi also told Customs Today that such huge quantity of gold heaving worth of Rs 130 million is still pending to be decided by the Customs Court Rawalpindi and Islamabad High Court causing million of loss to his client.
He also added that if the decision comes in favor of M/s Global Enterprises, the company will file indemnity case to repair it loss.
