Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Theft of seized goods in customs warehouses causing huge loss to national kitty

byCT Report
09/05/2024
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE: The theft and embezzlement of confiscated goods in the customs warehouses by the customs staff is one of the biggest heads of money-making for the customs officers.

Sources told that such fraud and misappropriation of the warehoused goods continued unabated for years because FBR has not purposely introduced through law a requirement of regular audit of the customs warehouses.

You might also like

AJK tax return filing deadline extended to November 30, 2026

26/10/2026

Chinese business delegation vows deeper trade, joint ventures with Pakistan

26/10/2026

When the complaints about this fraud started pouring in, the FBR took a measure which is tantamount to its circumventing the detection of embezzlement worth billions of rupees already committed in the customs warehouses across the country.

Instead of directing an audit of the customs warehouses across the country, the Federal Board of Revenue, on receiving complaints, has directed the customs field formations to devise new SOPs regarding the raids on private godowns and shifting of the goods seized from such godowns to the customs warehouses without issuing any direction for detection of the quantum of embezzlement already committed by the customs officers in the customs warehouses over the years.

Sources said that complaints have been received in the board that the customs field formations raid private godowns situated within the municipal limits of different cities during the wee hours in the absence of their owners and shift the the recovered and seized goods to the customs warehouses without making a proper inventory of the seized goods.

However, when the owners of private godowns present the import documents justifying the legal import of goods seized from their godowns, significantly fewer quantities and numbers are returned to the lawful owners of godowns, according to complaints.

Though the letter issued by FBR provides safeguards against pilferage of goods seized in private godowns and transported to customs warehouses, it does not say anything about such goods already embezzled by the customs staff during the course of shifting such goods to the customs warehouses.

The letter issued by FBR raises important questions on the opportunities for corruption available to customs staff and their making full use of those opportunities with impunity.

For instance, the letter of FBR is silent about the inexplicable inactions of the concerned collectors and chief collectors in the matter and their required accountability for their inactions resulting in the embezzlement of lawful owners’ goods by these senior officers’ subordinates.

Related Stories

AJK tax return filing deadline extended to November 30, 2026

byCT Report
26/10/2026

MIRPUR: Taxpayers in Azad Jammu and Kashmir (AJK) have been given additional time to file their income tax returns for...

Chinese business delegation vows deeper trade, joint ventures with Pakistan

byCT Report
26/10/2026

BEIJING: A high-level Chinese business delegation visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Capital Office in...

Iran denies closing border with Pakistan, blames import documentation changes for LPG trade disruption

byCT Report
26/10/2026

TEHRAN: Iran has denied reports that it has closed its border with Pakistan, saying there are no restrictions on exports...

Govt plans new cosmetics law to curb smuggling

byCT Report
26/10/2026

LAHORE: The Senate Standing Committee on Science and Technology has directed the Pakistan Cosmetics Manufacturers Association (PCMA) to register itself...

Next Post
APP76-090524
ISLAMABAD: May 09 - Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb called on by FCDO Chief Economist Prof. Adnan Qadir Khan & British High Commissioner Ms. Jane Marriott. APP/TZD

Finance minister highlights economy-stabilizing efforts

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.