Federal authorities initiated a money laundering case involving Faisalabad Electric Supply Company Chief Executive Officer Muhammad Amir alongside his three sons, stated the Federal Board of Revenue.
The Inland Revenue Directorate of Intelligence and Investigation within the FBR filed this case due to suspected tax evasion totaling Rs. 329.65 million, the agency reported.
Muhammad Usman, an Inland Revenue Inspector, submitted the formal complaint. Muhammad Hadi, Saad, and Ibrahim, who are Amir sons, are also included in the filings.
FBR Alleges Changes to Asset Declarations
The FBR asserted that Amir reported lower asset values between 2014 and 2019, starting with a declared amount of Rs. 3.5 million for the 2014 financial year.
Authorities additionally claimed that he improperly updated his asset submissions during the 2025-26 financial year.
This update increased the listed value of his 2014 assets from Rs. 3.5 million to Rs. 730 million.
