Importer gets half of security amount, remaining to be paid on May 29

KARACHI: An importer of construction vehicles get a cheque amounting to rupees 5.55 crore he deposited with the Hyderabad Customs collectorate as security for provisional release of vehicles submitted by the respondent officials before a bench of High Court of Sindh here on Tuesday.

Haji Abdul Raziq moved the court through counsel Ms Dil Khurram Shaheen advocate seeking the return of rupees 11 crore he deposited against dispute amount. The respondents raised the issue of value as well as importability of the vehicles importer for use in construction industry.

Today a number of officials appeared from Hyderabad Collectorate with their counsel and presented a cheque of rupees 5.55 crore while undertaking that cheque of remaining amount will be placed before the bench on next date of hearing. As the counsel for petitioner agreed to such receipt, the bench adjourned further proceedings till May 29.

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