Smuggled cars being used by banks, leasing firms

Published
5

– File Photo

KARACHI: A large number of smuggled cars as well as those brought into the country without payment of duty have been leased out or are under use of leading commercial banks and private leasing companies, according to sources in the Customs department.

The sources told Dawn on Tuesday that the Anti-Smuggling Organisation (ASO) of the Collectorate of Preventive Customs had given a seven-day notice to banks and leasing companies for recovery of such vehicles.

The Federal Board of Revenue (FBR) had compiled a list of smuggled and non-duty paid vehicles. After cross-matching of registration data of different authorities, it was learnt that 50,000 vehicles across the country had dual or identical chassis numbers.

The FBR forwarded its finding to the Anti-Smuggling Organisation for action. But on minute scrutiny of the data provided by the FBR, the ASO learnt that out of the 50,000 vehicles, only 2,300 were registered with the Motor Registration Authority, Karachi.

It was also learnt that out of the 2,300 vehicles, 380 had been leased out either by commercial banks or by private leasing companies.

The ASO has begun a drive to collect data about the remaining 1,920 smuggled vehicles or non-duty paid vehicles.

According to official figures made available to Dawn, 380 vehicles are at present on lease or in use by banks and leasing companies.

The highest number of such vehicles are with Muslim Commercial Bank, 97, followed by United Bank (67), Habib Bank (47), Faisal Bank 25, Standard Chartered Bank 21, Meezan Bank 19, Askari Bank 21, Allied Bank two, Al Zamin Bank 21, Dawood Islamic two and Allied Bank two.

Amongst the leasing companies, the highest number of impugned vehicles are with Crescent Leasing (21), Orix Leasing (21) and Pak Gulf Leasing 16.

After the Supreme Court’s Sept 3 order, the Collector of Preventive Customs, Khawar Farid Maneka, had set up three teams for investigation and recovery of smuggled and non-duty paid vehicles.

Sources said these teams had seized 28 smuggled vehicles over the past two months. The haul included nine cars, 11 Land Cruiser Jeeps, four Hiace vans and one double cabin pickup.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Eating grass for AI
Updated 19 Oct, 2026

Eating grass for AI

As dependence on AI grows, the bill could reach hundreds of millions of dollars by the end of the decade.
Climate exodus
Updated 19 Oct, 2026

Climate exodus

Climate displacement could then become another source of instability unless governments prepare for it together.
Settler terrorism
19 Oct, 2026

Settler terrorism

ISRAEL’S genocidal violence in occupied Gaza has understandably captured the world’s attention. Yet another...
State of denial
Updated 18 Oct, 2026

State of denial

If the Taliban regime commits to preventing groups based on its soil from attacking neighbouring states, the process of normalisation and regional integration of Afghanistan can begin.
Suffering in silence
18 Oct, 2026

Suffering in silence

TOO many Pakistani children have nowhere to turn when abused online. An estimated 1.5m internet-using children aged...
Export imperative
18 Oct, 2026

Export imperative

THE government’s efforts to boost Pakistan’s external sector through diversified financing, higher foreign...