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Customs Court attaches 20 bank accounts in property allegedly involved in money laundering case

KARACHI: The Customs Court issued bail-able warrants against suspect namely Muhammad Mansha son of Muhammad Anwar, proprietor of M/s Malik Brothers Logistics, M/s ABL Shipping Co and M/s Malik Brothers Technologies Services who was booked in a case of tax evasion and money laundering of Rs1,070,593,310.

On 22 February2020, during the hearing, complainant has pointed out that he is working as assistant director audit, directorate of intelligence & investigation inland revenue, Karachi. Hence he is public servant within the meaning and definition of section 21PPC, therefore his statement under section 200 Cr PC.

He has further stated that complaint prima-facie discloses that offences punishable under section 192, 192A & 203 of the income tax ordinance 2001 read with section 3, 4, 8 and 20 of the anti-money laundering act, 2010 have been made out.

After the hearing, court passed order and observed that “I have gone through the contents of the complaint which show that prima-facie case is made out, therefore, the cognizance is taken, the complaint be registered, the office is directed to issue bail-able warrants against above mentioned suspect in the sum of Rs20,00,000 only.

On perusal of application & attached report which investigation officer reasonably believes to be the properly involved in money laundering, I allow provisionally attachment of 20 bank accounts appears to be involved in money laundering for a period of ninety days from the date of the order.

The investigation officer shall within 48 hours immediately after attachment under section 8(1) forward a copy of the order & the report to the head of the investigating agency in a sealed envelope”.

2020-02-24
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