KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi issued non-bailable arrest warrants for absconders Bashir Dawood and Mariyam Dawood who were booked for concealing the income and money laundering over offshore company.
During the hearing, Investigation Officer Muhammad Arif appeared before the court and submitted that both accused have not been arrested yet therefore he is seeking time for compliance of court’s order.
It is pertinent to mention here that the court had issued their bailable warrants several times due to non-appearance but they did not heed towards them, so the court now had to issue their non-bailable arrest warrants.
Earlier, on the last date of hearing, investigation officer had filed an application before the court for attachment of property and bank accounts under Section-8 of the Anti-Money Laundering Act-2010 to protect the public exchequer and also had informed the court that above named accused are absconders therefore the court had allowed the IO for attachment of their bank accounts for 30 days.
According to the prosecution, case no 01/2016 was registered against them alleging that the accused, having offshore company, are involved in concealing Rs9870million income.
A case was registered under violation of Section-111 (1) (d) (1) of the Income Tax Ordinance-2001 liable to be prosecuted under Section-192 a ibid read with Section 2 and 8 (2) of the AMP Act-2010.
