KARACHI: The Judge, Special Customs, Taxation & Anti-Smuggling Court allowed provisional attachment of 24 expensive properties owned by one Usman Shahid.
Special Public Prosecutor Rana Sakhawat Ali argued the case of State against accused who is involved in the offence of anti-money laundering and maintained that the costliest properties were purchased from proceed of crime as defined in Section 2 (q) of Anti-Money Laundering Act 2010, He submitted that accused knowingly and willfully submitted in-accurate and wrong particulars to the FBR in his Income Tax Returns for the tax year 2013-2016 while prior to these years he was a non–filer. As per SPP accused declare yearly turn over of Rs 0.7 million subject years and from this meager amount purchasing even a single property in posh locality of DHA Karachi is impossible. It was further submitted that hidden transactions of Rs 1651 million have been detected.
The Court after hearing the SPP allowed application filed by Investigating Officer for provisional attachment of said properties while calling a monthly report from IO.