GO Petroleum CEO Booked by FIA Over Alleged Illegal Fuel Network

Pakistan’s petroleum sector is facing fresh scrutiny after the Federal Investigation Agency (FIA) launched a major investigation into an alleged large-scale fuel diversion operation involving imported petroleum products. According to investigators, more than 32,000 metric tonnes of fuel that was still under customs bond was allegedly removed from the legal supply chain and sold before mandatory duties and taxes were paid. Authorities claim a significant mismatch between official records and the physical fuel stock uncovered the suspected irregularities, prompting the registration of an FIR against multiple individuals and companies. The inquiry also points to another earlier incident involving thousands of tonnes of high-octane fuel that was allegedly released without completing required customs procedures. Investigators are examining documents, digital evidence, and the possible involvement of officials from different regulatory bodies as the case moves to special courts. Meanwhile, GO Pakistan has rejected any suggestion of wrongdoing, maintaining that it has fulfilled all statutory tax and levy obligations, is fully cooperating with investigators, and remains committed to transparent business practices while ensuring uninterrupted fuel supplies for customers. The outcome of the investigation could have significant implications for Pakistan’s energy and regulatory sectors.