FESCO Chief and His Three Sons Named in Money Laundering Case

Authorities have registered a funds laundering case against Faisalabad Electric Supply Business (FESCO) Chief Executive Officer Muhammad Amir and his three sons, according to the Federal Board of Revenue (FBR).

Key points

• According to the FBR, Amir understated the value of his assets from 2014 to 2019.
• The authority further alleged that he unlawfully revised his asset declarations during the 2025-26 financial year.
• The FBR remarked its Directorate of Intelligence and Investigation, Inland Revenue, registered the case over alleged tax evasion of Rs.
• After the revision, the declared value of his assets for 2014 rose from Rs.
• The case additionally names Amir's sons, Muhammad Hadi, Saad and Ibrahim.

Meanwhile, the FBR remarked its Directorate of Intelligence and Investigation, Inland Revenue, registered the case over alleged tax evasion of Rs. 329.65 million. PESCO Announces Six-Month Electricity Outage Plan.

Inland Revenue Inspector Muhammad Usman filed the complaint. The case additionally names Amir's sons, Muhammad Hadi, Saad and Ibrahim. FBR Alleges Changes to Asset Declarations.

According to the FBR, Amir understated the value of his assets from 2014 to 2019. He initially declared assets worth Rs. 3.5 million for the 2014 financial year. FESCO Makes Changes to Smart Meter Installation Process.

For context, the authority further alleged that he unlawfully revised his asset declarations during the 2025-26 financial year.

After the revision, the declared value of his assets for 2014 rose from Rs. 3.5 million to Rs. 730 million. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

Taken together, the developments around FESCO Chief and His Three Sons Named in Money Laundering Case point to a situation that is still moving, and the coming days should bring more clarity.