Stolen luxury cars worth RM30mil recovered

Related news on vehicle theft, hijacking, robbery, car-jacking, stolen vehicles and smuggling stolen vehicles... reselling stolen spare parts, cut parts and etc...

Stolen luxury cars worth RM30mil recovered

Postby admin » Thu May 12, 2011 3:51 am

SHAH ALAM: Police have busted three car theft syndicates and recovered almost RM30mil worth of stolen luxury cars so far this year.

A total of 23 suspects were detained in the separate operations.

CID Director Comm Datuk Seri Bakri Zinin said these syndicates would usually acquire the vehicles from mediators and the cars were stored in containers before being exported overseas via Port Klang.

“The criminals would also falsify the registration numbers of the vehicles and provide fake registration documents to deceive the Customs Department,” Bakri said at the Selangor police headquarters here yesterday.

Comm Bakri said under Ops Wangi Logistik, police had managed to solve 11 cases after they arrested 12 members of a syndicate who were aged between 30 and 60 years.

The gang was believed to have had smuggled out 213 vehicles to Dubai via Port Klang.

Comm Bakri added that police had seized RM4.5mil worth of cars comprising Toyota Alphard, For-tuner, Hilux, Camry and BMW and Mercedes models.

“The syndicate had been operating actively in Kuala Lumpur, Selangor, Ngeri Sembilan, Perak and Pahang since May last year,” he added.

Under the Ops Kumpulan AAA, police confiscated a BMW X5 and a Toyota Estima from five suspects who were involved in smuggling out 45 luxury cars worth RM12.5mil to neighbouring countries via the Malaysia-Thai border.

In Ops Ampang Merdeka, police arrested six men, who were involved in supplying stolen car parts to the market in the peninsula.

Comm Bakri said police were working with Interpol to bring back the stolen vehicles.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
admin
Informer
 
Posts: 3811
Joined: Thu Jan 01, 1970 12:00 am
Location: Kuala Lumpur

Car-theft rings busted; vehicle importers raided over tax

Postby admin » Thu May 12, 2011 3:52 am

PUTRAJAYA: Stolen vehicles worth RM30mil were seized, three car-theft rings crippled and vehicle importers who under-declared Customs duties and taxes to the tune of hundreds of millions of ringgit have been brought to book with a special task force going on the offensive.

Besides raiding car importing companies, audit firms and homes of company directors, the task force has also frozen about 300 bank accounts in the past one week.

The Attorney-General's Chambers believed that those under investigation had committed offences related to tax evasion, misuse of Approved Permits, falsifying documents, money-laundering and corruption.

In other developments:

> A total of 23 suspects believed to be involved in three car-theft syndicates have been picked up, along with many luxury vehicles.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
admin
Informer
 
Posts: 3811
Joined: Thu Jan 01, 1970 12:00 am
Location: Kuala Lumpur

Over 300 bank accounts of car importers frozen

Postby admin » Thu May 12, 2011 3:52 am

PUTRAJAYA: More than 100 car importers and individuals had their homes and offices raided by a special task force set up to recover undeclared duties amounting to hundreds of millions of ringgit.

The task force also froze more than 300 related bank accounts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (Amlatfa).

The task force led by the Inland Revenue Board and comprising the Customs Department, the Malaysian Anti-Corruption Commission, Bank Negara, Auditor-General's Department, Companies Commission of Malaysia and Cyber Security Malaysia raided 78 car importing companies, the residences of 59 company directors as well as 32 audit firms nationwide since last Thursday.

The Attorney-General's Chambers, which is overseeing investigations, said there were “strong reasons” to believe that those raided were involved in under-declaration of Customs duties, tax evasion, misuse of approved permits, falsifying documents, money-laundering and corruption.

“The supervised and coordinated raids is aimed at identifying and collecting undeclared Customs duties and tax due to the Government.

“The task force will take stringent action against individuals and corporations involved as these activities present a significant threat to the nation's economy and reputation,” the A-G said in a statement yesterday.

The A-G said the failure to furnish returns, submitting incorrect returns and wilful tax evasion under the Income Tax Act have been gazetted as serious offences under the Amlatfa.

“We do appreciate that problems may occur and with this in mind, we will react and release the accounts when genuine appeals are made in respect of the operational part of their business,” the A-G said.

It also said it was grateful and welcomed the offer of cooperation by the Malay Car Importers and Dealers Associations and appreciated their concerns raised on these operations.

The A-G added that officers involved in the raids were directed to act professionally and that there was no evidence so far to suggest otherwise.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
admin
Informer
 
Posts: 3811
Joined: Thu Jan 01, 1970 12:00 am
Location: Kuala Lumpur


Return to Stolen, Hijack, Robbery & Smuggling Vehicles

Who is online

Users browsing this forum: No registered users and 0 guests

  • Lazada Malaysia Lazada Malaysia Lazada Malaysia Lazada Malaysia