BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
Pakistan

Dar takes notice of ‘illegal, unwarranted leakage of tax info’ of COAS Bajwa’s family

  • Directs SAPM on Revenue to lead immediate investigation into 'violation of tax law and breach of FBR data, affix responsibility and submit a report within twenty four hours'
Published Updated

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has taken serious notice of the “illegal and unwarranted leakage of tax information” of the family members of General Qamar Javed Bajwa, Chief of Army Staff (COAS), the Ministry of Finance tweeted on Monday.

“This is clearly violative of the complete confidentiality of tax information that the Law provides,” the ministry said. “In view of this serious lapse on the part of to-date unknown functionaries the finance minister has directed Special Assistant to Prime Minister (SAPM) on Revenue Tariq Mehmood Pasha to personally lead an immediate investigation into the violation of tax law and breach of FBR data, affix responsibility and submit a report within twenty-four hours.”

The ministry’s statement comes after a report published by FactFocus.com on Sunday night, a Pakistan-based digital media news organisation, claimed members of COAS Bajwa’s immediate family including spouse and children “started a new international business, shifted capital abroad, and bought foreign properties”.

The report, which claimed to have in possession the COAS’s tax records, alleged that Gen Bajwa’s spouse “became a multi-billionaire with large farmhouses in Gulberg Greens Islamabad and Karachi, multiple residential plots in Lahore, and commercial plots and plazas in DHA schemes”.

The report further claimed that “the General’s family started an oil business in 2018, Taxx Pakistan, headquartered in Dubai and expanded all over Pakistan within a few months”.

The report alleged that the “current market value of the - known - assets and businesses within Pakistan and outside accumulated by the Bajwa family during the last six years is more than Rs12.7 billion”.

Comments

Comments are closed for this article.

Allan Nov 21, 2022 07:37pm
Truth hurts because Kuti choorun say meli hai.
0
Hussain Nov 22, 2022 03:34am
Meme or reality? Pakistan mein issue pakarnay walon ko pakar k gayab kiya jata hai ... Bahir mulkon mein issue dhoondh k gayab kiya jata hai ... A judicial approach would have been to take a 2 pronged approach - setting up committee to investigate the amassing of wealth. The declaration above seals the truth of the matter. How can someone go from zero to a billionaire in a couple of years? If its all legal then they were evading tax in the previous years - there is no way out.
0
Hilarious Nov 22, 2022 09:35am
Their vested interests do not lie in the nation being prosperous they lie in it being the exact opposite. I find it hilarious that public officials need this hilarious amount of protection from….. “the public”, if his buddy could run 10 dozen dominos how come he can’t run a few companies? How is that any different than his predecessors? Who too are abroad… unfortunately, until the people rise up, this is all you’ll get, fortunately for them the people are too busy in religious and cultural infighting, a sad state of affairs overall.
0