AIRLINK 74.70 Increased By ▲ 0.45 (0.61%)
BOP 5.04 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.42 No Change ▼ 0.00 (0%)
DFML 37.60 Increased By ▲ 1.76 (4.91%)
DGKC 90.80 Increased By ▲ 2.80 (3.18%)
FCCL 22.56 Increased By ▲ 0.36 (1.62%)
FFBL 32.80 Increased By ▲ 0.08 (0.24%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.92 Increased By ▲ 0.12 (1.11%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 136.25 Increased By ▲ 0.41 (0.3%)
HUMNL 10.06 Increased By ▲ 0.22 (2.24%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.80 Increased By ▲ 0.14 (3%)
MLCF 40.46 Increased By ▲ 0.58 (1.45%)
OGDC 137.70 Decreased By ▼ -0.20 (-0.15%)
PAEL 26.57 Increased By ▲ 0.14 (0.53%)
PIAA 25.74 Decreased By ▼ -0.54 (-2.05%)
PIBTL 6.77 Increased By ▲ 0.01 (0.15%)
PPL 123.11 Increased By ▲ 0.21 (0.17%)
PRL 26.85 Increased By ▲ 0.16 (0.6%)
PTC 13.99 Decreased By ▼ -0.01 (-0.07%)
SEARL 59.00 Increased By ▲ 0.30 (0.51%)
SNGP 70.00 Decreased By ▼ -0.40 (-0.57%)
SSGC 10.40 Increased By ▲ 0.04 (0.39%)
TELE 8.63 Increased By ▲ 0.07 (0.82%)
TPLP 11.19 Decreased By ▼ -0.19 (-1.67%)
TRG 64.52 Increased By ▲ 0.29 (0.45%)
UNITY 26.44 Increased By ▲ 0.39 (1.5%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,849 Increased By 10.4 (0.13%)
BR30 25,545 Increased By 85 (0.33%)
KSE100 75,101 Increased By 170.2 (0.23%)
KSE30 24,152 Increased By 6.4 (0.03%)
World

MQM's founder Altaf Hussain fined over 2 million pounds by UK government

  • In case of non-payment of fine, Hussain may have to go to jail.
Published September 3, 2020

A British court has ordered the founder of Muttahida Qaumi Movement (MQM) Altaf Hussain to pay over Rs 440 million on tax evasion charges.

As per details, the court stated that Hussain did not pay any tax from 1995 to 2015 despite being a British citizen. Despite Hussain's monthly expenses being up to 50,000 pounds, he never paid taxes.

In the court, the lawyer of MQM founder argued that since his client's expenses were covered by donations, no tax was levied on him. However, the court rejected the lawyer's argument and imposed a fine of 2 million pounds on Hussain, which translates to 441 million Pakistani rupees.

In case of non-payment of fine, Hussain may have to go to jail.

MQM founder Altaf Hussain taken into custody in London

Last year, the MQM founder was arrested in London for inciting violence through hate speech in August 2016. "The man, who is aged in his 60s, was arrested at an address in northwest London. He was arrested on suspicion of intentionally encouraging or assisting offenses contrary to Section 44 of the Serious Crime Act 2007," London's Metropolitan Police said.

Comments

Comments are closed.