KARACHI: On the complaint of Civil Aviation Authority (CAA), the Federal Investigation Agency has registered a case against Shaheen Air International on non-payment of dues.
According to details, the case FIR No.16/2020 has been registered in FIA Corporate Crime Circle Karachi for damaging and misusing the FIA. Accused Yawar Mehmood Sehbai was also arrested.
An FIA official said, “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.”
During the course of the enquiry, it was revealed that Shaheen Air International Chairman Kashif Sehbai, CEO Ehsan Khalid Sehbai, Director, and other management members are listed as the defaulters. The aforementioned Chairman, CEO, Directors and Management of SAI are illegally holding an amount of Rs 1.4 Billion.
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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