KARACHI: MCC Exports Port Qasim have arrested 8 accused persons involved in the export of gold jewelry on fake Form-E and depriving Government of foreign exchange remittance amounting to $214.9 million. They have been arrested by Customs authorities after cancellation of their interim bail on 7th October 2015 by the Special Judge.
The arrested include Hanif Moosa s/o Umar Moosa; Humayun Moosa s/o Hanif Moosa; Kashan Iqbal s/o Iqbal Moosa; Sajid Abdul Qadir Motiwala S/o Abdul Qadir; Irfan S/o Abdul Aziz; Muhammad Shahid S/o Muhammad; Mann Siddiqui; and Syed Tahir Hussain Jafri.
Cancellation of bail was effected due to investigations of the Customs which successfully connected the accused persons with the crime. Based on the investigation, the customs authorities were able to get the interim bails of the accused persons cancelled from the Special Court.
As many as 5 FIRs have already been lodged against the exporters including M/s. Rubab Corporation ($ 24.3 million); M/s. B.D Enterprises ($ 80.2 million); M/s. Reaz Corporation ($ 62.8 million); 4) M/s. Sani Impex ($ 21.7 million); M/s. Makkah Enterprises ($ 25.9 million).
Five days remand of these 8 accused persons has been obtained by the Customs authorities and further investigation is in progress.