FBR Instructed to File FIR Against 4 Telecom Companies

PAC (Public Accounts Committee) of the NA (National Assembly) has instructed FBR (Federal Board of Revenue) to file a FIR against Directors of 4 telecom companies. These companies have allegedly stolen tax worth Rs. 320 million in the year 2006 – 07. FBR is directed to come up with this FIR within 48 hours. Companies under investigation are Dencom, Global telecom, Union Communications and World Call.

FBR has been directed to freeze assets of the Directors of said companies in order to recover the tax.

FBRReports from Pakistan Telecommunication Authority (PTA) have also been looked upon by the meeting.  PTA has asked to cancel the licenses of these 4 companies as well asked CDA to cancel transfer of house of Board of Directory Dencom (Muhammad Luqman) to anyone else.

Chairman PAC paid serious attention about restoring suspended officers involved in illegal transfer of tax to the telecom companies. Serious action would be taken against Secretary Revenue Division (Suleman Saddique) for restoring such officers.

Dencom Limited has failed to pay up Rs. 1 billion to PTA. “Dencom Limited was owned by Governor Punjab before it was sold to Oman Tell” Said Hamid Yar Hiraj. PTA on the other hand told committee that Dencom Limited is in debt of Rs. 1.22 billion to PTA.

This is really a sad news for people who pay up tax on regular basis or for people who fail to pay tax on time and are annoyed by the authorities. While these big crocs don’t pay billions and stay free.

Hopefully this meeting will produce some result and government’s money will be collected. Last but not least, this money is spent on public. We can hope …..

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