ISLAMABAD: Federal Board of Revenue, on the instruction of Federal Finance Minister Ishaq Dar, has issued notices to 158 people, whose names were revealed in Bahamas Leaks, to seek their reply.
The prominent people, who were served notices, include former Jamaat-e-Islami senator Professor Khurshid; son of Musharraf government’s health minister; Altaf Khanani, a businessman who deals in currency exchange.
In the previous month, a leak of documents from a company in Bahamas revealed that 158 Pakistanis among other persons from around the world owned offshore companies.
It is the second leak this year that has targeted Pakistanis for having shell companies that are largely seen as one of the means to evade tax and accumulate unaccounted-for wealth in foreign banks.
Before Bahamas leak, a Panama-based law firm, Mossack Fonseca was hit with a leak of documents that were published in a newspaper in April. At least 400 Pakistanis were revealed by the paper to have owned offshore companies including Prime Minister Nawaz Sharif.
