KARACHI: The Sindh High Court (SHC) has directed the counsel for the applicant to prepare for arguments on the next date of hearing so that case be heard and disposed of on a bail application of accused namely Noor Muhammad who is involved in the case of alleged tax evasion of Rs47.27 million on the basis of fake invoices.
A single judge comprising Justice Muhammad Iqbal Kalhoro heard the bail application and adjourned the hearing for August 18, 2018.
Earlier, counsel for the applicant / accused submitted that applicant is innocent and has falsely been implicated in this case and he is ready to join investigation and appear before the NAB court, therefore court may grant his bail application.
According to the prosecution, an inquiry was authorized against the applicant / accused Noor Muhammad owner of M/s Noor Textile Mills and officials of the sales tax department, then deputy superintendents sales tax department, Noorullah Samejo, Syed Naeem Akhtar, account officer of the Askari Bank and then Additional Collector Sales Tax department Imtiaz Ahmed Der for sanctioning sales tax refund of Rs. 47.27 million on the basis of fake invoices.
As per FIR, the allegations were substantiated in the inquiry which was converted into investigation by DG National Accountability Bureau (NAB) Sindh. According to the investigation officer accused persons have committed an offence of corruption and corrupt practice as envisaged in 59 (a) of the National Accountability Bureau (NAB) Ordinance, 1999 and schedule punishable under section 10 of the said ordinance.