After FBR Exposes Rs 9.41 Billion Fraud Against 85...

Summary

• *FBR Intelligence Books FESCO CEO Engr Muhammad Aamer aka Aamir Pannu in Rs 32.96 Crore Tax Fraud & Money Laundering – 8 Years of Unlawful Wealth Statement Revisions Exposed, 3 Sons Nominated, 7 Properties, Luxury Vehicles Traced, Rs 35 Lakh to Rs 73.35 Crore* By Asad Kharal FAISALABAD / ISLAMABAD : In a rare and unprecedented move where one federal institution has booked the serving chief of another federal institution, the Federal Board of Revenue (FBR) has registered a massive tax evasion and money laundering case against the serving Chief Executive Officer of Faisalabad Electric Supply Company (FESCO), *Engr Muhammad Aamer, locally known as Aamir Pannu.* This is the *first major result after the FBR exposed a Rs 9.41 billion nationwide fraud* involving 85 taxpayers who illegally revised old wealth statements to whiten black money.
• – He inserted *Rs 10.28 crore (Rs 102.8 million)* of fictitious cash/gold/prize bonds/properties/business capital in the old statement, carried it forward till Tax Year 2025, and then used it to *purchase seven properties worth Rs 6.44 crore (Rs 64.41 million) in May and June 2026*.
• *Vehicles Traced:* – *Hyundai Sonata Model 2026 valued at Rs 1.62 crore (Rs 16.2 million)* owned by son Muhammad Hadi – *Toyota Mark X Model 2010* registered in the name of Muhammad Saad – Investigators are examining consistency: Declared income of Rs 11 lakh in 2014 vs assets worth crores in 2026 – no justification has been provided.

AI Generated Summary

*FBR Intelligence Books FESCO CEO Engr Muhammad Aamer aka Aamir Pannu in Rs 32.96 Crore Tax Fraud & Money Laundering – 8 Years of Unlawful Wealth Statement Revisions Exposed, 3 Sons Nominated, 7 Properties, Luxury Vehicles Traced, Rs 35 Lakh to Rs 73.35 Crore*

By Asad Kharal

FAISALABAD / ISLAMABAD : In a rare and unprecedented move where one federal institution has booked the serving chief of another federal institution, the Federal Board of Revenue (FBR) has registered a massive tax evasion and money laundering case against the serving Chief Executive Officer of Faisalabad Electric Supply Company (FESCO), *Engr Muhammad Aamer, locally known as Aamir Pannu.*

This is the *first major result after the FBR exposed a Rs 9.41 billion nationwide fraud* involving 85 taxpayers who illegally revised old wealth statements to whiten black money.

The case, involving *Rs 32 Crore 96 Lakh 50 Thousand (Rs 329,650,895)*, has been registered as *FIR No. 15/2026 on the complaint of Inspector Inland Revenue Muhammad Usman* by the Directorate of Intelligence & Investigation (Inland Revenue), Faisalabad, under the *Anti-Money Laundering Act, 2010, and the Income Tax Ordinance, 2001*. Formal proceedings for arrest and attachment of properties have been initiated.

*DOCUMENTARY PROOF – THE SMOKING GUN TABLE OBTAINED BY MINUTE MIRROR:*

Minute Mirror has obtained the official FBR table which proves systematic fraud. It shows the accused filed original wealth statements from 2014 to 2021 and then illegally revised them twice – on *14-March-2025 and 29-June-2026*: