AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

KARACHI: The confiscated goods worth over Rs. 23 million have been pilfered from the airport terminal under the nose of customs and terminal officials.

According to the documents, the Post Clearance Audit (PCA) South has exposed another case of illegal pilferage of confiscated goods but now at Karachi Airport’s Royal Service Terminal.

The latest case involves a Lahore-based company that allegedly mis-declared liquid food flavors worth Rs 23 million. The operation, led by DG PCA Chaudhary Zulfiqar Ali and Director PCA South Sheeraz Ahmed, revealed a sophisticated scheme in which the company fraudulently obtained possession of confiscated goods without paying the mandatory redemption fine of Rs 8.12 million.

“This is part of a larger pattern we’re uncovering,” said PCA sources. “The systematic manipulation of customs procedures suggests deep-rooted corruption involving multiple parties.”

The investigation has already resulted in three previous FIRs against three different companies. These companies allegedly operated in collusion with port authorities and customs officials to misappropriate various confiscated goods, including machine parts, electronic items, and aluminum sheets.

In the latest case, PCA’s further scrutiny exposed another case of theft and misappropriation of government property as the said company fraudulently pilfered confiscated goods from the Karachi Airport’s Royal Service Terminal.

The Adjudicating authority confiscated the offending goods (Liquid Food Flavour) in an import GD mis-declared by the said company, while granting the importer the option to redeem confiscated goods upon payment of a redemption fine totaling Rs 8.12 million, in terms of SRO 499(I)/2009, dated 13.6.2009.

The importer fraudulently obtained possession of “confiscated” goods without settling the redemption fines, thus effectively stealing government property from the Karachi airport’s goods terminal.

This clandestine operation resulted in the loss of government-owned goods worth Rs. 23 million. This is the second such case and PCA authorities apprehend that the scope of this intricate scam can be much wider. The sophisticated fraud poses challenging questions about airport security and compliance, pointing to serious systemic flaws.

PCA South has now filed charges against the company and its clearing agent. Meanwhile, special teams have been mobilized to take the accused parties to task.

The investigation remains ongoing, with authorities suggesting the scope of the fraud could be even wider than currently known. The PCA’s probe has raised critical questions about airport security protocols and the effectiveness of existing customs compliance measures.

This series of fraudulent activities has prompted the FBR to announce a comprehensive review of customs procedures at all major ports and airports across the country, with a particular focus on the handling of confiscated goods and the roles and accountability of customs and terminal officials.

Copyright Business Recorder, 2024

Comments

Comments are closed.

KU Oct 23, 2024 09:20am
The best way to resist temptation is to yield to it, n it comes very easy when dishonesty is a character, especially when they know fear of law isn't a problem at all.
thumb_up Recommended (0)