When the Customs Collectorates rust, what shall smugglers do?

It has been revealed that billions of rupees' worth of seized gold and silver have not been deposited with the State Bank of Pakistan by the Customs Collectorates.

According to the sources, the seized gold and silver are lying in the lockers of the field offices and the Customs Enforcement, including Airport Collectorates, to submit data on seized gold and silver.

As per the rules, Customs officials are bound to deposit the seized gold in the State Bank immediately after the laboratory. Since the gold has not been deposited in the State Bank's reserves, it is not appearing in the national treasury.

Due to the alleged incompetence of the Customs Collectorates, there are reports of the change and theft of the seized gold. On the instructions of Member Customs Operation Syed Shakeel Shah, the field formation of the Customs has started collecting data of seized gold.

While the Gold worth one and a half billion rupees has been deposited in the State Bank by the Customs Enforcement Peshawar.

 

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