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Customs I&I approaches IHC seeking cancellation of bail granted to GM of M/s Redco Textile

Customs I&I approaches IHC seeking cancellation of bail granted to GM of M/s Redco Textile

ISLAMABAD: Directorate of Customs Intelligence and Investigations (I&I) officials on Tuesday filed a petition in Islamabad High Court seeking cancellation of bail granted to M/s Redco General Manager Irfan Siddiqui.

The special judge of Customs and Taxation and Anti-Smuggling Court had granted bail to Siddiqui, who was arrested while serving as Director-General of M/s Redco Textile Mills from where several Qatari luxury vehicles were recovered, against surety bonds of Rs100,000.

The petition requested the court to cancel his bail as well as approve physical remand of the customs officials as part of their investigation into the case of illegal luxury vehicles.

Customs Intelligence officials on Monday recovered three more Qatari luxury vehicles from a farmhouse belonging to former senator Saifur Rehman, a close aide of former prime minister Nawaz Sharif.

The recovered vehicles were brought to the country under diplomatic immunity, officials said as they relocated the vehicles to Customs headquarters.

As many as 26 Qatari luxury vehicles have been recovered till date. The Director General of Customs Intelligence and Investigations has also ordered officials concerned of the four provinces, Azad Kashmir, and Gilgit-Baltistan to take unauthorized vehicles into custody.

Officials had revealed that at least Rs4.5 billion in import duty on luxury vehicles, recovered from compounds in Rawalpindi and Islamabad, were waived from 2012 to 2018.

As many as 330 luxury cars were illegally imported over a period of six years out of which 233 were brought to Pakistan at the behest of of Jassim family.