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Business & Finance

FBR unearths billions of rupees in dry cleaner’s account

  • The FBR has summoned Ramesh Kumar to his office on October 19 for further investigation.
19 Oct 2020

A transaction of billions of rupees has been unearthed from the account of a dry cleaner living in a village near Ghotki district of Sindh.

As per details, the Federal Board of Revenue (FBR) has taken notice of the non-payment of tax against a dry cleaner named Ramesh Kumar and started an investigation.

According to the FBR, between 2015 and 2019, a transaction of Rs 12.78 billion was made from Ramesh Kumar's account. On the other hand, Ramesh Kumar is upset after receiving the FBR notice and has demanded an inquiry into the matter.

The FBR has summoned Ramesh Kumar to his office on October 19 for further investigation.

Back in 2018, a falooda stall owner of Orangi Town stumbles onto more than Rs2bn in his account. Abdul Qadir who lives in a 40-square-yard house in Orangi Town discovered that was a billionaire and there is Rs2.25 billion in a bank account in his name that he never opened.

He came to know about the existence of the bank account in his name only when he received a letter from the Federal Investigation Agency.

fbr