Khalid sehbai

According to sources, SAI owners, the Sehbai brothers, have committed tax fraud as they collected it from its passengers on behalf of the CAA and pocketed the money for the last several months. A few days later, the Federal Board of Revenue sealed SAI offices on the grounds that the airline is not paying its dues. The management is also in talks with the CAA to sort out the issues and get its flight operations resumed.

A large number of SAI employees were also reported to be protesting as they had not yet been paid salary.

khalid sehbai

They would soon receive their salary, he said. Sign in. Log into your account.

CAA reaches out to FIA amid fears Shaheen airline owners may flee after tax fraud

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Older then Mr K and younger then Mr M.Shaheen Air has been dormant since Octoberwhen it was grounded by the Pakistani Civil Aviation Authority PkCAA after months of on-off activity amid the ongoing discussion related to the carrier's tax debts. The total tax debt incurred by the carrier amounts to PKR1. The employees have argued in their letter that the collapse of the airline left some 5, persons unemployed and without overdue salaries. At the same time, they have said that unless the airline is allowed to resume operations, it will not be able to start repaying its debts.

The airline has been courting an unnamed "Saudi Prince" for investment but so far no details or revival plan have been announced. In early January, the PkCAA conditionally okayed Shaheen Air for a restart of operations but only if it repays all of its debts and the executives return to Pakistan to face potential charges.

Sidhwa has been charged with committing tax fraud by avoiding paying sales tax and federal excise duty to the tune of PKR7. The Pakistani Federal Board of Revenue further alleges that Sidhwa together with others accused fled the premises of Shaheen Air and participated in closing down the business to evade tax inspections.

Out of the total tax due of PRK7. Sidhwa's lawyer said that his client maintained his innocence and was ready to face the court but wanted to be granted protective bail to avoid arrest.

Shaheen Air International first suspended flight operations in Augustfacing a mountain of debt. It continued to fight with the CAA and the tax authorities and Shaheen Air International NL, Karachi Int'l officially announced its closure and said it will shortly file for bankruptcy, the Daily Times has reported.

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Director HR Shaheen Air Imran Aziz informed the employees of the development on February 8,saying that from that moment onwards he will be personally responsible for all staff members' claims.

Some employees have not been paid for as much as eight months as the airline undertook repeated attempts to resume operations. At the same time, Aziz told the staff that Javed and Ehsan Sehbai, the airline top executives and members of the founding Sehbai family, are no longer in any way connected to the bankrupt carrier. The PkCAA noted that the airline has multiple outstanding legal cases in a variety of Pakistani courts and administrative bodies and will only be approved for a restart once they are all concluded.

The carrier was grounded permanently by the PkCAA in October after months of on-off activity amid the ongoing discussion related to the carrier's tax debts. However, our request was not entertained by the authorities concerned and both owners of Shaheen Air International managed to leave the country," an official from the Pakistani Civil Aviation Authority PkCAA said.

It is estimated that Shaheen Air incurred further billions of rupees in debts for unpaid salaries and other liabilities.

khalid sehbai

Need help? To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO. Click here. Also on ch-aviation Director of Pakistan's Shaheen Air to face tax fraud charges Pakistan's Shaheen Air formally calls it quits Pakistan's Shaheen Air conditionally okayed for relaunch Owners of Pakistan's Shaheen Air flee abroad from debts The PkCAA said it would try to pursue the owners of Get our RSS Feed.

All rights reserved.The PkCAA noted that the airline has multiple outstanding legal cases in a variety of Pakistani courts and administrative bodies and will only be approved for a restart once they are all concluded. The carrier was grounded permanently by the PkCAA in October after months of on-off activity amid the ongoing discussion related to the carrier's tax debts. The total tax debt incurred by the carrier amounts to PKR1.

It is estimated that Shaheen Air incurred further billions of rupees in debts for unpaid salaries and other liabilities. In November, Sehbai secured an agreement with unnamed Saudi investors who would inject additional capital into the airline and help it meet all outstanding obligations.

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Sidhwa has been charged with committing tax fraud by avoiding paying sales tax and federal excise duty to the tune of PKR7. The Pakistani Federal Board of Revenue further alleges that Sidhwa together with others accused fled the premises of Shaheen Air and participated in closing down the business to evade tax inspections. Out of the total tax due of PRK7.

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Sidhwa's lawyer said that his client maintained his innocence and was ready to face the court but wanted to be granted protective bail to avoid arrest. Shaheen Air International first suspended flight operations in Augustfacing a mountain of debt. It continued to fight with the CAA and the tax authorities and Shaheen Air International NL, Karachi Int'l officially announced its closure and said it will shortly file for bankruptcy, the Daily Times has reported.

Director HR Shaheen Air Imran Aziz informed the employees of the development on February 8,saying that from that moment onwards he will be personally responsible for all staff members' claims. Some employees have not been paid for as much as eight months as the airline undertook repeated attempts to resume operations.

At the same time, Aziz told the staff that Javed and Ehsan Sehbai, the airline top executives and members of the founding Sehbai family, are no longer in any way connected to the bankrupt carrier. Shaheen Air has been dormant since Octoberwhen it was grounded by the Pakistani Civil Aviation Authority PkCAA after months of on-off activity amid the ongoing discussion related to the carrier's tax debts. The employees have argued in their letter that the collapse of the airline left some 5, persons unemployed and without overdue salaries.

At the same time, they have said that unless the airline is allowed to resume operations, it will not be able to start repaying its debts.

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However, our request was not entertained by the authorities concerned and both owners of Shaheen Air International managed to leave the country," an official from the Pakistani Civil Aviation Authority PkCAA said. Need help? To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO.

Click here. Also on ch-aviation Director of Pakistan's Shaheen Air to face tax fraud charges Pakistan's Shaheen Air formally calls it quits Pakistan's Shaheen Air staff appeals to PM for help The carrier's Chairman Kashif MehmudThey had held demonstrations in major cities. The SAI owners had gone abroad to arrange funds for the purpose. A senior SAI pilot told Dawn that 2, employees of the airline had not been paid their salaries for the past five months which was a gross violation of human rights and labour laws.

The pilot further said the elements in the SAI management were selling off their leftover moveable assets which could otherwise be used to clear the salaries of its employees. The employee, who has been associated with Shaheen Air for a decade, further said the airline did good business during the last decade — — especially on Gulf routes. Facebook Count. Twitter Share.

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SAI owes Rs1. Published in Dawn, December 7th, Related Stories. Read more. On DawnNews.

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Comments 73 Closed Popular Newest Oldest. Bakhtawer Bilal. Dec 07, am. The ECL was originally introduced to hold the financial culprits. But in today's world, a MNA of Pakistan is promptly held, while a request to put the name of such big financial frauds sits with ministry of interior for months.

What a shame. Recommend 0. Airlines, world over, are in crisis because of many internal and external factors. The govt should provide all possible support to the airlines industry to protect the interests of employees and travelers. Closure of such a big airlines after successful operations for over a decade would render the poor travelers at the mercy of now existing airlines who would attempt to fleece them due to shortage of seats available.

PIA is already notorious for its services and private airlines are doing their best to cater to the needs of the public under the prevailing tough circumstances. Maria enteparia onnuchoriu.

Never attempt a business that you don't understand or afford. Its a joke that the government cant bring these people back. I am sure they have 1.Horologium is a constellation of six faintly visible stars in the southern celestial hemisphere. It was first described by the French astronomer Nicolas-Louis de Lacaille in and visualized by him as a clock with a pendulum and a second hand. The boundaries of Horologium literally 'an instrument for telling the hour' were specified in by the International Astronomical Unionand it has since been one of their designated constellations.

April 15 : Day of the Sun in North Korea. From tothe north porch and the eastern choir were reconstructed on the remains of the ruined walls.

This photograph shows the interior of Paisley Abbey, looking eastwards from the transept towards the choir, with the high altar and the great east window visible in the background and the organ on the right.

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khalid sehbai

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Pakistan's Shaheen Air staff appeals to PM for help

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