Naimat Khan
KARACHI: The Federal Investigation Agency has arrested and booked two Chinese nationals on the allegations of submitting bogus corporate guarantee for clearance of Surveying Equipments valuing Rs. 677 million, sources said.
According to an FIA official, an FIR No. 33/2017 of FIA ACC Karachi has been registered against a Chinese Oil & Gas Surveying Company M/s BGP (Pakistan) International, its Clearing Agent M/s IMT Co, Customs Officials & others on the allegation of preparing and submitting Fake and Bogus Corporate Guarantee for clearance of their Surveying Equipments valuing Rs. 677 million.
“Two Chinese nationals have been arrested on 22.11.2017 namely accused Zhong Zhongmin Country Manager & accused Li Chonhong Dy. Country Manager BGP (Pakistan) International,” according to FIA officials.
M/s BGP (Pakistan) International is also facing Adjucating proceedings before Custom Authorities however got a stay order from Sindh High Court against Adjucating proceedings, he added.
“The Hon’ble Court has directed BGP Pakistan International to deposit 1% of all temporary imports as surcharge on expired Corporate Guarantees”.
According to officials, M/s BGP Pakistan International has deposited Rs. 160 million against 125 temporary imports. During course of Enquiry FIA has calculated total outstanding amount against BGP Pakistan International stands at Rs. 513 Million.
