Provincial exchequer losses Rs 300 billion in Vehicle Registration Scam

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Some employees of the provincial excise and taxes department has registered thousands of automobiles in the name of a government entity through phoney auctions which has caused billions of rupees lose to provincial exchequer.  

According to the sources, the Anti-Corruption Establishment (ACE) has unearthed a multi-year scandal involved in the registration of used, smuggled, and stolen vehicles. Primarily, trucks and buses, on the basis of forged army auction vouchers by a gang made up of Punjab excise and taxation department officials and private individuals.

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According to the investigation, some employees had allotted Fake registration numbers to decades-old buses and trucks re-manufactured at the Badami Bagh Lorry Adda, one of Punjab’s largest enterprises.

While started its investigation in 2017, the anti-graft watchdog has investigated that 7,013 vehicles registrations were questionable. As many as 4,000 vehicles are registered on the basis of forged vouchers while the records of other vehicles could not be verified, ACE added.

The anti-graft authority further investigated that these automobiles were registered between 2015 and 2018 which has direct and indirect caused loss of Rs 300 billion to the exchequer.

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