
Beyond Green and Vista Impex imported solar kits declaring prices at $16-$23 while the World Bank paid Shenzhen LEMI Technology $112 per unit, exposing massive under-invoicing. The Senate panel uncovered $12.5 million in fake invoices and money laundering, prompting NAB and Anti-Corruption investigations.
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The Senate Standing Committee on Economic Affairs uncovered alarming under-invoicing in the Sindh Solar Energy Project involving Beyond Green Karachi and clearing agent Vista Impex. Between December 2024 and July 2025, Beyond Green imported 200,968 solar kits from Shenzhen LEMI Technology Development Co Ltd China, declaring unit prices between $16 and $23.4 for customs. However, the World Bank paid $112.44 per kit directly to the Chinese supplier, revealing a price discrepancy of $89 to $96 per unit.
The Federal Board of Revenue report exposed fake invoices worth $12.5 million and third-party remittances routed through UAE entities, indicating trade-based money laundering. Committee Chairman Saifullah Abro criticized the absence of official suspensions despite the Enquiries and Anti-Corruption Establishment and National Accountability Bureau launching investigations.
The Sindh government approved a forensic audit after discovering tampered goods declarations. With 30,000 out of 200,000 solar kits still undistributed past the July 2025 deadline, authorities issued show-cause notices and forwarded contraventions to customs adjudication under the Anti-Money Laundering Act 2010.
