Tuesday, January 25, 2022
Live-TV(PK) Live-TV(UK) Newspaper اُردُو نیوز
اُردُو نیوز Newspaper
Live-TV(PK) Live-TV(UK)

SC directs FBR to submit detailed report on assets of Pakistanis in UAE

SC directs FBR to submit detailed report on assets of Pakistanis in UAE
January 1, 2019
ISLAMABAD (92 News) – The Supreme Court (SC) on Tuesday directed the Federal Board of Revenue (FBR) to submit a detailed report on the assets and properties owned by Pakistanis in United Arab Emirates (UAE). A three-member bench of the SC headed by Chief Justice Mian Saqib Nisar heard a case pertaining to the foreign assets of Pakistanis. The FIA submitted report in the Supreme Court related to the foreign assets of Pakistanis. In the report of FIA, 96 more Pakistanis have been revealed who owned properties in the UAE. The report stated that 57 people from the 96 are not cooperating. The FIA report said that a total 1211 people owned properties in the UAE, while 774 people have submitted their affidavits regarding assets owned abroad. However, 363 people were sent to the notice. The report also said that 60 people were not identified and one has been fled from the scene. Following to the report, the chief justice asked that did pay the fine by Aleema Khan. The apex court had ordered Aleema Khan to pay Rs29.4 million in taxes and fines. – Rs167m recovered from Pakistanis owning foreign assets – The top was informed by the FBR that Rs167 million have been recovered from Pakistani citizens owning undeclared assets abroad. “Another Rs100 million is due to be paid by Agha Fazl. While further probes are underway,” the court was informed. The apex court sought an update from the revenue board and inquired on the progress made on 21 model cases identified by FBR. The representative from the revenue board also informed the apex court that Rs161 million had been recovered since December 13. Another 147 individuals were identified and served notices, added the representative. The bureau also submitted a report detailing progress made since December 13. – Aleema didn’t avail amnesty scheme – The court was also informed that Aleema Khanum, Prime Minister Imran Khan’s sister, had till January 13 to pay Rs29.4 million in fines. It is worth mentioning that the chief justice had warned that Khanum’s properties would be attached if she failed to pay the fine and tax imposed by the FBR. In his remarks, the chief justice observed that the sooner the money was returned to Pakistan, the better it was for the economy. “We are entrusting FBR with the responsibility to bring wealth back to Pakistan,” Justice Nisar remarked. The court then directed FBR and the Federal Investigation Agency to submit a detailed report on the matter by January 14, and adjourned the hearing till then.