Islamabad, Aug. 6 -- The Post Clearance Audit (PCA) of the Directorate General of Customs has revealed extensive under-invoicing and money laundering schemes in the customs clearance of luxury vehicles via the faceless system.

As reported by The Express Tribune, a detailed 127-page audit report has exposed what is being termed the largest trade-based money laundering scandal in Pakistan's history related to luxury vehicle imports.

The report indicates that importers intentionally undervalued their vehicles to evade payment of billions in taxes. One of the most shocking incidents noted in the report involved a 2023 model Toyota Land Cruiser, which had a market price exceeding Pakistani Rupees (PKR) 10 million, yet it was cleared through ...