KARACHI: The Federal Investigation Company (FIA) on the grievance of Civil Aviation Authority has registered a case in opposition to a non-public airline.
The spokesman for FIA Sindh stated that the registration of case in opposition to M/s Shaheen Air Worldwide (SAI) was on the grievance of CAA for inflicting large loss and misappropriation to the nationwide exchequer. The case FIR No.16/2020 has been registered on the FIA, Company Crime Circle, Karachi.
The moment case is an end result of inquiry No.80/2018 of FIA, Company Crime Circle, Karachi, initiated on the premise of written grievance of Civil Aviation Authority (CAA), Karachi.
In the course of the course of inquiry, it got here on file that M/s Shaheen Air Worldwide (SAI) needed to pay Flight Operation Expenses to Pakistan Civil Aviation Authority (PCAA) however administration of M/s Shaheen Air Worldwide (SAI) have defaulted in paying the CAA prices and levies from March 2018 until date. The administration is illegally holding an quantity of Rs1.four billion (roughly) plus KIBOR plus surcharge of CAA, thus inflicting an enormous lack of Rs1.four billion + KIBOR + surcharge of nationwide exchequer. In the course of the inquiry,
the FIA approached the Monetary Monitoring Unit (FMU) for CTRs/STRs of accused individuals. The FMU authorities contacted the Canadian authorities. Later, two accused individuals had been intercepted by the Royal Canadian Mounted Police (RCMP) carrying money of CAD-500,000. The money was held by RCMP.
The case has been registered beneath sections 406 (Legal Breach of Belief), 489-F (Dishonouring of Cheque), 109 (Abetment), 34 (Widespread Legal Intention) PPC r/w Part 3 & four of AML Act, 2010 (Cash Laundering) aagainst the accused individuals.