Panama Papers probe
Islamabad—Federal Board of Revenue had written letters to around two hundred and fifty people whose names were mentioned in Panama Papers, however, according to sources only around thirty people so far have responded to those letters.
The sources said that the responders have asked for time to consult with their lawyers.
The board also sent letters to three women, although they responded that the companies were owned by their husbands, not them.
According to FBR sources, the women asked the board to take back the letters sent. On Tuesday, a Public Accounts Committee session was held to probe the Panama leaks and offshore companies that are owned by Pakistanis.
The PAC demanded a report within a month over the matter of Panama Leaks from relevant authorities.
During the session, Chairman Federal Board of Revenue Nisar Mohammad said those who made offshore companies abroad after paying taxes will not be considered criminals.
National Accountability Bureau (NAB) Chairman Qamar Zaman told the meeting that Bureau would take action against those, who have been alleged to possess offshore companies only after it received evidence from the Federal Board of Revenue (FBR) or other investigating agencies.
In the meeting, Opposition leader Khursheed Shah said that more than 400 Pakistanis own over 250 offshore companies, asking what the relevant authorities did so far in this regard.