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Home / Author Archives: Asad Kharal

Author Archives: Asad Kharal

Biggest ever Sales Tax fraud: NAB asked to recover billions from Maersk Pakistan

Arsalan Khan

KARACHI: The National Accountability Bureau (NAB) is asked to intervene and investigate the biggest sales tax fraud of M/s Maersk Pakistan (Pvt) Ltd to recover billions of rupees ‘evaded’ money as the company is not cooperating with the Sindh Revenue Board (SRB) for audit. Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said audit of M/s Maersk Pakistan (Pvt) Ltd ... Read More »

PM, CJP, Chairman NAB asked to intervene to end nepotism from CSB

promotion

ISLAMABAD: Fawad Hassan Fawad, a grade 22 officer who was arrested by the NAB in Ashiana Housing Scheme scandal, during the previous regime targeted efficient and hardworking officers who would not toe his line. For this purpose, he planted Naveed Cheema as chairman FPSC. Sources said his (Fawad) modus operandi was that only scanned portion, cut and paste out of ... Read More »

Customs Today exposes mega scam: SRB admits sales tax recoverable from Maersk with worldwide $149.407b sales

maersk

KARACHI: Customs Today exposed mega sales tax scam of M/s Maersk Pakistan (Pvt) Ltd and now Sindh Revenue Board (SRB) also confirmed it would recover evaded sales tax from the company after completion of audit. Maersk Line provided $149.407 billion (around Rs 20,170 billion) worth of services provided to clients across the world during last 6 years but subsidiary of ... Read More »

Sales tax mega scandal: SRB Commissioner vows stern action against Maersk Line

intr

KARACHI: Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said that stern action would be taken against M/s Maersk Pakistan (Pvt) Ltd after completion of audit by the Board as it is found that the company ‘evaded’ sales tax on services worth billions of rupees. Talking exclusively with Customs Today, Amir said that the Board will definitely issue a show ... Read More »

Customs Today exposes Maersk sales tax mega scam, SRB starts audit

SRB Khalid Mehmood

KARACHI: Pakistan’s biggest ever fraud of sales tax is exposed by Customs Today where M/s Maersk Pakistan (Pvt) Ltd has evaded billions of rupees sales tax in terms of services provided to its local clients. After Customs Today unearthed this mega scam of sales tax, Chairman Sindh Revenue Board (SRB) Khalid Mehmood has finally decided to conduct audit of Maersk ... Read More »

A.F. Ferguson may face criminal charges in Maersk sales tax mega scandal

Arsalan Khan

KARACHI: Country’s biggest audit firm A.F. Ferguson may face criminal charges in sales tax mega scam of Maersk shipping line as Centre for Investigative Journalism (CIJ) has appealed to the Supreme Court of Pakistan to take necessary legal action and start criminal proceedings against Maersk shipping line and audit firms including A.F. Ferguson and Co. The investigation agencies needed to ... Read More »

Maersk sales tax mega scam: Appeal to SC to take legal action for recovery of looted amount

Arsalan Khan

KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients whereby the Centre for Investigative Journalism (CIJ) appealed to the Supreme Court of Pakistan to intervene and investigate connivance of Maersk and Sindh Revenue Board in the alleged mega scandal. ... Read More »

Danish envoy puts pressure on Pak govt in multi-billion Maersk scam

ali zaidi

KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients and transfer these huge sums to Denmark where anti-Islam leaders use this money in anti-Islam activities by publishing blasphemous cartoons, hurting feelings of billions of Muslims across the world. Maersk ... Read More »

Pakistan’s biggest ever Sales Tax fraud: NAB, FIA asked to probe Maersk, SRB connivance

Arsalan Khan

KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients whereby businessmen of Pakistan have appealed to NAB and FIA to intervene and investigate connivance of Maersk and Sindh Revenue Board in the alleged mega scandal. According to details, Maersk ... Read More »

Maersk threatens media to hush up Rs 15 billion demurrage, detention scam

Arsalan Khan

KARACHI: More than 30 media houses including TV channels and newspapers, a large number of chambers of commerce and leading businessmen  have raised the issue of blackmailing and threatening by the shipping line Maersk and its subsidiary M/s Maersk Pakistan (Pvt) Ltd and demanding heavy amounts of illegal demurrage and detention charges from genuine importers. After the media and chambers ... Read More »

Maersk Line should be banned due to corruption and mismanagement: Senator Ilyas Bilour

Ilyas Bilour

PESHAWAR: Importers are shifting businesses from Pakistan due to huge corruption by shipping lines so the government should take notice of unjustified demurrage & detention charges taken by Maersk Line. Many importers associated with Pakistan Afghanistan Trade and Transit route have already shifted their business from Pakistan due to heavy losses. This was said by Senator Ilyas Bilour while talking with ... Read More »

FIA starts legal procedure against Maersk Line in Rs 15b demurrage & detention scam

Soren Skou and Claus V Hammingsen

KARACHI: The Federal Investigation Agency (FIA) has taken notice against terminal operators and shipping companies in Rs 15 billion mega demurrage and detention scam and started legal action against the accused in this regard. FIA Corporate Crime Circle Karachi has started legal procedure by issuing a letter No FIA/CCCK/VRF-52/2018/5486-87 in this case. Another complaint received by the FIA demanded legal ... Read More »

Customs issues notice to Maersk for cancellation of license; goods loaded may not reach Pakistan

Soren Skou and Claus V Hammingsen

KARACHI: Model Customs Collectorate of Preventive, Karachi has issued a notice to M/s Maersk Pakistan (Pvt) Ltd as it started the process to cancel license of the company for sheer violation of the Customs Act 1969 and SRO 1220(I)/2015. Maersk Line and its subsidiary M/s Maersk Pakistan (Pvt) Ltd kept on harassing and blackmailing importers to get additional demurrage and ... Read More »

Shipping Alert! Cargo delivery at Pakistan ports may be banned of Maersk Line

Arsalan Khan

KARACHI: Evidence has surfaced on ban of cargo delivery at Pakistani ports of Maersk Line and its subsidiary in Pakistan, M/s Maersk Pakistan (Pvt) Ltd as Customs Preventive has started procedure to cancel their licenses under rules 603 (Q), 603 (R), 604 (Q) and 607 (E), others of SRO 1220 (I)/2015. Sources said Maersk Line and its subsidiary M/s Maersk ... Read More »

SRO 1220(I)/2015 violation: Customs Preventive asked to cancel license of Maersk Line

Arsalan Khan

KARACHI: Maersk Line and its subsidiary in Pakistan Maersk Pakistan (Pvt) Ltd are allegedly harassing and blackmailing importers to get additional demurrage and detention charges and their licenses may be cancelled soon for violation of SRO 1220(I)/ 2015. Sources said license of Pakistan Maersk Pakistan (Pvt) Ltd might be cancelled after lodging FIR applications and for breaching SRO 1220(I)/2015. Law ... Read More »

Maersk, QICT causing panic, unrest among South Punjab importers: Khawaja Muhammad Usman

Khawaja Muhammad Usman

MULTAN: Business community of South Punjab has slammed exorbitant charges imposed by shipping lines Maersk in terms of demurrage on importers and asked the government to take special measures for protection of importers and the economy. Illegal demurrage charges charged by M/s Maersk shipping line and Qasim International Container Terminal (QICT) are causing severe unrest in the business community of South Punjab. ... Read More »

QICT, Maersk shipping line cause loss of billions to national economy: Faiz Mohammed

WhatsApp Image 2018-10-05 at 7.21.42 PM

PESHAWAR: Corruption by QICT and shipping lines Maersk haunted national economy and caused loss of billions to the national exchequer. The National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) received a complaint seeking probe to ascertain role of 65 employees of QICT / DP World and Maersk in country’s biggest shipping scandal involving 610 billion rupees. The FIA and the ... Read More »

QICT poses threat to nation with discreet Habibullah control

Habibullah Khan

KARACHI: The National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) received a complaint seeking probe to ascertain link of Habibullah Khan with Qasim International Container Terminal (QICT) / DP World in parking billions of rupees black money. Habibullah Khan, the alleged mastermind of Panama-like offshore companies having questionable financial backing controlling one of the strategic assets of Pakistan in ... Read More »

FIA asked to probe QICT /DP World, Maersk involvement in Rs610b mega scam

Habibullah Khan

KARACHI: The Federal Investigation Agency (FIA) has received a complaint seeking probe to ascertain role of 65 employees of QICT / DP World and Maersk in country’s biggest shipping scandal involving 610 billion rupees. The complaint received by the FIA demanded legal action for recoveries of amounts looted and recovering losses of Rs. 610 billion to the national exchequer per ... Read More »

NAB asked to probe Habibullah link with QICT / DP World in parking billions of rupees black money

Habibullah Khan

KARACHI: The National Accountability Bureau (NAB) has received a complaint seeking probe to ascertain link of Habibullah Khan with Qasim International Container Terminal (QICT) / DP World in parking billions of rupees black money. A local newspaper reported that Habibullah Khan recently declared liquid assets of $1.25 billion outside of Pakistan in the single largest Amnesty declaration in the South ... Read More »