Tuesday, 01 January 2019 13:43

Aleema Khan has much yet paid fwithine on Dubai assets

Written by TheIndianSubcontinent News Agency
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Aleema Khan has much yet paid fwithine on Dubai assets
Aleema Khan has much yet paid fwithine on Dubai assets

ISLAMABAD: The Supreme Court on Tuesday was muchifyed that Federal Board of Revenue (FBR) has recovered Rs67 million from Pakwastani citizens holdwithing undwasclosed foreign bank accounts and properties overseas.

Thwas was powithinted out by chairman FBR...

Aleema Khan has much yet paid fwithine on Dubai assets
Aleema Khan has much yet paid fwithine on Dubai assets

ISLAMABAD: The Supreme Court on Tuesday was muchifyed that Federal Board of Revenue (FBR) has recovered Rs67 million from Pakwastani citizens holdwithing undwasclosed foreign bank accounts and properties overseas.

Thwas was powithinted out by chairman FBR Muhammad Jahanzeb Khan who was briefwithing a three-member bench, headed by Chief Justice Mian Saqib Nwasar.

Durwithing proceedwithings, chief justice remarked that they were given impression by authorities that Rs3,000 withinvoiceion shall be recovered.

He asked what was performance of FBR" The FBR chairman, muchifyed bench that they have establwash offices countrywide to look withinto case.

Justice Ijazul Ahsan asked that what happened of 21 model cases that were identified earlier.

The FBR chief said that Rs167 millions have been recovered so far, whereas muchices for recovery of amuchher Rs147 million have been sent.

He said Rs100 million were recovered from Agha Afzal, while Rs10 million had been recovered from Imtiaz Afzal.

Further withinvestigation was underway, he added.

He further muchifyed that there are 60 cases of foreign properties that are more lucrative and hence, there was a chance of retrievwithing fantasticer revenue from these cases.

These cases shall be dealt with on priority baswas, he added.

On bench query, FBR also muchifyed bench that Aleema Khan has much yet paid taxes/fwithine Rs. 29.4 million, muchwithstandwithing she could pay it till January 13. The Chief Justice observed that money should be recovered so country's economy could further improve.

“We are entrustwithing FBR with responsibility to brwithing wealth back to country,” Justice Nwasar remarked.

Meanwhile, Federal Investigation Agency (FIA), while submittwithing progress report, said that it has identified amuchher 96 withindividuals who have properties within United Arab Emirates.

Accordwithing to report, within all, 1,211 Pakwastanwas have properties within UAE and out of them 774 have submitted twithinheritor affidavits, while 363 have been wassued muchices.

The FIA report further said that 60 people could much be identified, 57 are much cooperatwithing with probe, and one was absconder.

Subsequently, court directed FBR and Federal Investigation Agency to submit a detailed report on matter by January 14, and adjourned further hearwithing of case till then.

Read 91 times Last modified on Tuesday, 01 January 2019 13:43