Executive Narrative
Cross-referenced reconstruction of a three-layer corporate hijacking and withholding-tax embezzlement scheme.
Withholding tax line items are silently zeroed on the SRB portal after filing. Clients believe deductions were remitted; the state never receives them.
Diverted funds are routed through controlled accounts and pulled out as cash by Dilawar Khan in sub-CTR tranches across multiple branches.
Imran overwrites SECP beneficial ownership records via a nominee, neutralising the original directors and consolidating control of the shells.
12 filings show admin-session edits that silently set withholding-tax amounts to zero after the original submission was acknowledged.
Four shell entities — most prominently Crescent Trade Solutions and Indus Procurement FZE — hold accounts whose inbound credits mirror forged vendor invoices in amount and reference within a same-day window.
Chat directives place Dilawar Khan at three branches within a single window, executing cash withdrawals deliberately structured beneath the Currency Transaction Reporting threshold.
Imran → Zubair → Dilawar appears in 100% of High-risk events with a median 19h lag.
3 sub-CTR withdrawals across 3 branches in 41 minutes on 05 Mar — textbook AML structuring.
4 shells route to 3 receiving accounts; 1 introducer reference appears on all openings.
Beneficial-ownership reassigned overnight; original directors not notified — registrar log requested.