FBR confirms $50m benami case against pine nut exporter
July 16, 2021
LAHORE: The Federal Board of Revenue Thursday confirmed a Benami reference of $50 million against M/s Husnain Exports after more than one and half year of investigation.
The FBR had filed a reference in August 2020 in the Benami case of $50 million by attaching realized/unrealized export proceeds of $47.5 million and immovable properties of 200 kanals worth Rs360 million.
M/s Husnain Exports was found involved in the Benami export business of pine nuts from Pakistan during the last one decade without realising/repatriating the export amount to the accounts. It was also found involved in under valuation of the exports GDs (Goods Declarations). Documents available to the scribe revealed that a written complaint filed to the FBR Benami Zone-II Lahore in Oct 2019 by the Benamidar (Sultan Mehmood) himself wherein he had alleged that Mr. Asim Ali had held a Benami business concern i.e Husnain Exports, Benami bank a
FBR confirms $50m benami case against pine nuts exporter
July 16, 2021
LAHORE: The Federal Board of Revenue Thursday confirmed a Benami reference of $50 million against M/s Husnain Exports after more than one and half year of investigation.
The FBR had filed a reference in August 2020 in the Benami case of $50 million by attaching realized/unrealized export proceeds of $47.5 million and immoveable properties of 200 kanals worth Rs360 million.
M/s Husnain Exports was found involved in the Benami export business of pine nuts from Pakistan during the last one decade without realising/repatriating the export amount to the accounts. It was also found involved in under valuation of the exports GDs (Goods Declarations).