FIA lodges FIR against Shaheen Air on CAA’s complaint
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KARACHI: The Corporate Crime Circle of FIA has registered a against M/s Shaheen Air International (SAI) on non-payments of dues on the complaint of Civil Aviation Authority (CAA).
Accused Yawar Mehmood Sehbai has been arrested. A case FIR No.16/2020 has been registered at FIA, Corporate Crime Circle, Karachi. The instant case is an outcome of Enquiry No.80/2018 of FIA, Corporate Crime Circle, Karachi initiated on the basis of written complaint of Civil Aviation Authority (CAA), Karachi, FIA officials said.
During the course of enquiry, it came on record that M/s Shaheen Air International (SAI) had to pay “Flight Operation Charges” to Pakistan Civil Aviation Authority (PCAA) but Kashif Sehbai Chairman; Ehsan Khalid Sehbai CEO; Directors and other Managements of M/s Shaheen Air International (SAI) have defaulted in paying CAA charges and levies from March 2018 till date. The aforementioned Chairman, CEO, Directors and Management of SAI are illegally holding an amount of Rs 1.4 Billion (approximately) plus KIBOR + Surcharge of CAA.
During enquiry, FIA approached to Financial Monitoring Unit (FMU) for CTRs/STRs of accused persons. The FMU authorities contacted Canadian Authorities. Later, two accused persons were intercepted by Royal Canadian Mounted Police (RCMP) carrying cash of CAD-500,000/-. The cash was held by RCMP.
The case has been registered against following accused persons u/s 406 (Criminal Breach of Trust), 489-F (Dishonouring of Cheque), 109 (Abetment), 34 (Common Criminal Intention) PPC r/w section 3 & 4 of AML Act, 2010 (Money Laundering).
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