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Home Breaking News

Money laundering: Customs Court approves charge sheet against M/s Pukhraj Traders & others

byM.B. Rana
21/02/2022
in Breaking News, Karachi, Latest News
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KARACHI: The Customs Court takes interim charge sheet on court record submitted by investigation officer of Customs Intelligence & Investigation against suspects namely Sohail Saleem Chisti, owner of M/s S.S Enterprises, Humayun Rashid, owner of M/s Moon Star International, Abdul Haq, owner of M/s Roshan Star Traders, Muhammad Saleem, owner of M/s Pukhraj Traders, Aslam, Zeeshan, owners of goods, booked for anti-money laundering.

On 19 February 2022, during the hearing, investigation officer submitted a progress report and informed the court that on information, customs team approached M/s Hecotax Customs Bonded Warehouse SITE Phase II, M 9, Karachi, where the consignments of fabric were warehoused, on physical examination, assorted cut pieces of foreign origin cloth and artificial leather etc, were found instead of actual dutiable foreign origin assorted fabric against the goods declarations.

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He added the during the investigation, it was found that above mentioned accused persons are involved for generation and utilization of proceeds of crime through illegal removal of dutiable in-bonded goods from customs bonded warehouse without filing of ex-bond goods declarations and evading payment of duties and taxes leviable thereon.

Investigation officer further informed that after the formalities, customs officials lodged first information report for violation of under section 3 & 4 read with relevant provisions/ clauses of section VI of the Sehedule-I to the Anti-Money laundering act, 2010.

After the hearing, court took progress report on court record and directed investigation officer to complete investigation and submit final charge sheet within prescribed period.

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