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Business

NAB not to pursue sales, income tax related cases against traders: Chairman NAB

ISLAMABAD: The National Accountability Bureau (NAB) would not pursue  the business community’s sales and income tax rela

Aug 23 2019

ISLAMABAD: The National Accountability Bureau (NAB) would not pursue  the business community’s sales and income tax related cases and transfer the existing one to Federal Board of Revenue (FBR) for further action, said Chairman NAB Justice Javed Iqbal here Friday.

Talking to a delegation led by President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Daroo Khan Achakzai, he said the notices issued by NAB Multan to Flour mill owners of Multan, Bahawalpur and Dera Ghazi Khan were being suspended forthwith.

Justice Javed Iqbal said that the business community was backbone of the country and the Bureau acknowledges their services in progress and prosperity of the country.

The NAB was a business and human friendly institution which accords priority in resolving the issues of business community.

Brushing aside the rumours that business community was disturbed over NAB’s initiatives, he said the community would not perturb over future actions of NAB.

He said prosper business community makes Pakistan prosperous. The NAB does not hurt any suspect during investigations of cases.

He had himself decided to hold ‘Open Ketchery’ on the last Thursday of every month.

He said businessmen who are striving for the betterment of country’s economy and providing employment opportunities to hundreds of labours would not be harassed.

Justice Javed Iqbal said action was being taken against the owners of private housing societies who had looted the life earnings of the poors as some societies have not provided plots and amount to the poor and the NAB was striving hard to recover the looted money.

The Chairman NAB said a special desk has been established at NAB headquarters to address the issues of business community.

NAB would protect the interest of the country and traders who prefer country’s interest instead of personal interests.

He said NAB would take measures to protect the interests of all segments of society.

The country was indebted billion of dollars and the borrowed amount was not spent on the betterment of people.

The NAB was duty bound to make accountable those who wasted the borrowed amount, he expressed.

He said NAB does not consider the face but case.

Loyalties of NAB were with the country and the main aim of the Bureau was to improve the weak economy and recover billions of the looted money.

The delegation of FPCCI headed by President Engineer Daroo Khan Achakzai lauded the personal efforts of Chairman NAB for resolving the issues of business community and expressed confidence over NAB.

Copyright APP (Associated Press of Pakistan), 2019