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Home Karachi

Rs 300b gold smuggling: FBR to task Customs Intelligence for investigation

bySohail Rab
30/11/2014
in Karachi, Latest News
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KARACHI: The Federal Board of Revenue (FBR) is mulling over to hand over the investigation into the gold smuggling case to the Directorate of Customs Intelligence and Investigation(DIT)-FBR, Karachi.

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The sources informed Customs Today on Saturday that the meeting between FBR Chairman Tariq Bajwa and Director General of the Directorate of Customs Intelligence and Investigation-FBR Lutfullah Virk is to be scheduled in next few days in which both the high-ups would discuss the gold smuggling case in details.

It is pertinent to mention here that the Federal Intelligence Agency (FIA) has already taken up the matter while the authorities concerned of FBR have not yet deputed any of its department to investigate into the case.

The FBR authorities have given the task to the Directorate General of Internal Audit-Customs to collect/gather each and every detail into the case related with the export of gold on fake Form-E from the country and scrutinize the date of the import of gold into the country during the tenure from July-2012 to July-2014.

The sources further disclosed that the authorities concerned of the Internal Audit-Customs submitted findings time to time before the authorities concerned of the Board in which they found that around Rs250 billion to Rs 300billion gold had been exported from the country on around 600 fake Form-E during July-2012 to July-2014.

They hinted that the authorities concerned of FBR are waiting to get as more as details into the gold smuggling scam by the Internal Audit-Customs, so that it can handing over the investigation of the case to the Directorate of Customs Intelligence and Investigation-FBR Karachi Region.

 

Tags: FBR Chairman Tariq Bajwa and Director GeneralFederal Board of Revenue (FBR)Federal Intelligence Agency (FIA)Internal Audit-Customs to collect/gather each

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