Islamabad—Federal Board of Revenue has decided on Friday to move a reference against Jahangir Tareen, secretary general of Pakistan Tehreek-e-Insaf for allegedly concealing an offshore company and irregularities in agricultural income.
According to the board, Tareen reported Rs 540 million income to FBR in 2010 while income of the same year was reported Rs 120 million to the election commission. Irregularities in income of 2011 was also found as FBR was told Rs 700 million while election body was informed of Rs 160 million income.
FBR reported that the reference would be filed in Lahore High Court, however, Tareen holds a stay order in the issue. Verdict of the appellate authority over 2011 income will be challenged in the LHC, according to the FBR.
Tareen is also alleged by the board of not reporting his offshore company in documents pertaining to 2010-15.