KARACHI – Shaheen Air International (SAI) has allegedly committed a fraudof over Rs1.3 billion.
Civil Aviation Authority has approached FIA over fears that SAI ownersSehbai brothers may escape the country, local media *reports*link have informed.
SAI owners, the Sehbai brothers, have committed tax fraud as they collectedit from its passengers on behalf of the CAA and pocketed the money for thelast several months.
The sources said that a complaint had been sent to the FIA Karachi zonedirector by CAA Director (air transport and economic regulation) SyedMuzaffar Alam against the chairman, chief executive officer (CEO) andmanagement of the airline for “illegally holding the authority’s Rs1.368bn.”
The CAA official in his complaint dated August 24 states that CEO EhsanKhalid Sehbai, Chairman Kashif Khalid Sehbai and management of the airlinehave been “illegally holding the money since March and not returning theamount to the CAA” despite repeated notices and reminders.
The complaint added that “there is a serious apprehension that EhsanSehbai, Kashif Sehbai, and (members of) SAI management are likely to fleethe country with a criminal intent for causing loss to public, (national)exchequer.” It requested for action to be initiated against the culpritsand other persons involved in commission of offences.