ISLAMABAD, Jan 14 (APP):The Supreme Court on Monday was informed that properties of 96 more Pakistanis had been
traced out in United Arab Emirates (UAE).
It was informed to a three judge bench headed by Chief Justice Mian Saqib Nisar, by the Federal Investigation Agency (FIA) in a suo motu case pertaining to foreign properties owned
by Pakistani nationals.Director General FIA, Basheer Memon, submitting report in the apex court, said that 1,211
Pakistani citizens own 2,154 properties in the UAE and about 345 people have been served
notices.
He said that 61 people remain unidentified, five are deceased, and 10 are uncooperative,
while one is absconder.
In all, 413 people took advantage of the tax amnesty scheme that ended in August last year,
whereas 167 people declared their properties to the FBR, he added.
The DG said that 79 people declared their properties in tax returns, while 97 individuals
disowned their properties in the UAE.
Meanwhile, Federal Board of Revenue (FBR) official informed that Rs 270.25 million had
been recovered during the last month and Rs17 million would be recovered during the current
month.
He said that about 125 individuals had failed to appear before the investigation team.
To which Justice Nisar warned to seize their properties.
The chief justice also asked for an estimated amount which will be recovered, to which
the FBR official said the Board expects to recover around Rs1 billion.
Displeased by the progress so far, the chief justice ordered FBR to submit its progress
report within a month about recovery of assets and amounts illegally accumulated abroad by
Pakistani citizens.
