Monday , December 9 2019
Breaking News
Home / Tag Archives: investigation

Tag Archives: investigation

80 investors under investigation for BES insider trading

LISBON: The chairman of the Portuguese Stock Market Regulator (CMVM), Carlos Tavares stated, that the preliminary investigations have been opened into “about 80 investors who made expressive sales” of Banco Espirito Santo (BES) shares before it collapsed. Tavares said the investigations had to do with institutional investors, mainly foreign and private investors who were mainly Portuguese, people connected to BES ... Read More »

Portugal’s Customs seizes 324,000 liters of wine

LISBON: The Customs official stated that they have seized 324,000 liters of red wine in an operation in different locations. The investigation began when it was discovered that an establishment in northern Portugal was found to be serving a “muscatel type” wine decanted from a five liter bottle into branded bottles of wine which was then passed off as the ... Read More »

FBR decides to probe Ayyan Ali’s travelling history

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to investigate the travelling history of the accused Model Ayyan Ali, especially her continual visits to the Romania. As per detail, Model Ayyan has paid visits to Romania many times while she stayed there for more than one month on every visit which is attracting point for the FBR in the ... Read More »

$500,000 smuggling case: FBR’s Inland Revenue grills model Ayyan about income, paid taxes

ISLAMABAD: Federal Board of Revenue (FBR) Inland Revenue (IR) team has also started investigations from model Ayyan Ali regarding her income and paid taxes. On inquiring, arrested model told IR officials that team should contact the companies to know about paid taxes as the companies, for them she has been working, paid her amount after the deduction of taxes at ... Read More »

Appraisement-West, Preventive await inquiry report to take action in Vehicles Amnesty Scheme scam

KARACHI: The Model Customs Collectorate (MCC) Appraisement (West) and MCC-Preventive have stopped further legal proceedings in Vehicles Amnesty Scheme (VAS) case for indefinite time, it is learnt here. Sources informed Customs Today that the authorities concerned of both the collectorates have agreed upon to stop its further legal proceedings until the completion of investigation by two member committee comprising of ... Read More »

37 million liters fuel scam: Zimbabwe Revenue Authority starts investigation

HARARE: The Zimbabwe Revenue Authority has launched investigations into a case in which a local firm reportedly imported 37 million litres of fuel worth millions of dollars for resale on the pretext that it was meant for the Zimbabwe Defence Industries. Glow Petroleum, which distributed the fuel to its service stations countrywide, is believed to have defrauded the Government of ... Read More »

ANF seizes Rs2,326m drugs including 303kg heroin as regional heads meet

RAWALPINDI: Anti-Narcotics Force (ANF) has held Force Commander Conference at its Headquarters, which was chaired by ANF DG Major General Khawar Hanif. The conference was attended by Commanders of all Regional Directorates and Senior Staff Officers. At the onset of conference, review of the ANF performance was analysed and futuristic targets were set forth. During the conference, aspects of enforcement, ... Read More »

ANF foils smuggling bid, seizes 237kg hashish

MULTAN: Anti-Narcotics Force (ANF) team has thwarted an attempt of smuggling 237kg hashish worth millions of rupees and arrested two drug traffickers. The ANF authorities, on a tip-off, formed a team led by Inspector Mushtaq to carry out special operation. The team stopped a Shehzore truck on Motorway Bypass Khanewal Road and found 237kg hashish, concealed in the vehicle. After ... Read More »

Indian Customs finds 1kg gold inside man’s belly

CHENNAI: One kilogram gold stones have been recovered from 35-year-old man’s belly by the Indian Customs. According to sources, Hawai Du, the accused, arrived in the city on a visit visa. The Customs officials stopped him for checking, but he started arguing about being unwell and having stomach pain. The officials took him to a hospital immediately and after scan ... Read More »

42 smuggled cars seized in DI Khan

DERA ISMAIL KHAN: As many as 42 non-customs paid cars have been seized in Darban Kalan, area of Dera Ismail Khan. According to the local police, the vehicle owners, who said to be Pakistan Tehreek-e-Insaaf workers, failed to produce documents to prove vehicles were customs paid and even fled leaving cars behind. The cars were being smuggled from Balochistan, police ... Read More »

E&T unearths embezzlement of Rs15m

Bahawalpur: Two officers of the Excise and Taxation Department embezzled more than Rs15 million of motor registration fees and other provincial taxes while the department has registered a case against the accused. According to details, Excise and Taxation Officer (ETO) Muhammad Ahmad Khan, during inspection of the Motor Vehicle Branch, found embezzlement to the tune of more than Rs15 million ... Read More »

ANF thwarts smuggling bids, seizes 2,239g heroin

LAHORE: The Anti-Narcotics Force (ANF) foiled two smuggling bids and captured fine quality of heroin weighing 2,239 gram in to two raids here. As per details, the ANF Lahore Airport Team intercepted a passenger identified as Azhar Iqbal, a resident of Gujrat at Allama Iqbal International Airport and recovered 2.89 kgs of heroin concealed in a handbag. In another attempt, ... Read More »

ANF seizes 80kg heroin at Port Qasim

KARACHI: The Anti-Narcotics Force (ANF) Sindh Region claimed to have seized a big cache of fine quality heroin from a container at Port Muhammad Bin Qasim. On a tip-off, an ANF team searched the container parked at the port and found a cache of fine quality heroin — weighing 80 kilogrammes — concealed in the vehicle. According to the ANF ... Read More »

Recovery of Rs12.6m: Appraisement (East) gets 2nd instalment today

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate (MCC) Appraisement (East) will receive another instalment of Rs4 million on Tuesday (today) from M/s Cosmos Enterprises in a Rs12.6 million tax evasion case. The tax was evaded in the clearance of consignments consisted of panaflex sheets and other miscellaneous goods. It is to be noted that the R&D ... Read More »