KARACHI: The Sindh High Court (SHC) granted bail to suspect namely Muhammad Nazir son of Abdul Qudus against surety of Rs500,000, who was booked in tax evasion and hundi/hawala case.
On January 31, 2019, a single member bench comprising Justice Nazar Akbar granted bail application and observed in its order that ‘without touching the merits of the case, I am inclined to grant protective bail to the applicant for a period of 7 days and applicant is directed to surrender before the court within the aforesaid period and to join investigation’.
It needs to be mentioned here that suspects namely Abu Talib, Talha Abu Talib and Danish are facing trial before customs court.
According to the prosecution, during the course of investigation, statement of witness Suleman Hafeez (clearing agent) was recorded who stated that he has cleared 255 consignments of M/s Globe Traders. Details of 145 consignments have been secured whereas remaining details are being secured from customs authorities.
Investigation officer informed the court that M/s Globe Traders imported 145 consignments worth Rs533,544,704 during 2016 to 2018 using an illegal channel of hundi/hawala through Muhammad Nazeer.
He further disclosed that on 145 consignments, M/s Globe Traders paid duties and taxes to the tune of Rs122,047,083 whereas M/s Globe Traders evaded amount of Rs236,319,637, which was transferred through illegal channel of hundi/hawala.
Investigation officer argued that it has been established that the above-mentioned suspects committed offences punishable under Section 156 (14A) R/W Section 32A of Customs Act, 1969.
