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FBR I&I moves court for attaching bank account of suspect involved in money laundering

byM.B. Rana
23/05/2018
in Karachi, Latest News
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KARACHI: Syed Azhar Hussain Shah, Deputy Director/Investigation officer I&I-FBR on Tuesday moved petition before customs court for attachment of property and bank accounts of suspect namely Ameer Hamza son of Abdul Majeed for suspect has knowingly and willfully made offences of concealment of income tax, acquiring assets from proceeds of crime by committing “predicate offence” of tax evasion whose quantum is Rs339,927,970.

During the hearing, investigation officer further submitted before the court that the above mentioned suspect knowingly and willfully submitted inaccurate/ wrong particulars of income and wealth statement to FBR through his income tax returns filed for tax year 2015 while he failed to file the tax returns as well as the wealth statements for tax years 2016 and 2017.

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He submitted that suspect has concealed his true revenue/ turn over/ income from government with intention of evading due tax, his declared figures do not match with his actual figures when checked out/ probed. Thus he betrayed the trust reposed in as a taxpayer/ citizen by FBR as per details.

Investigation officer further argued that in the complaint which has already been lodged under section 192A and 203 of the income tax ordinance read with section 3, 4 and 8 of the Anti-Money Laundering Act, 2010 by the Directorate of Intelligence and Investigation-IR, Karachi, in view of above and in order to protect the public exchequer, attachments of his bank accounts as well as other accounts if any may graciously be ordered by this court for 90 days in terms of section 8 (2) of the Anti-Money Laundering Act, 2010.

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