Federal Tax Ombudsman moves against Riaz, Arsalan

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Federal Tax Ombudsman (FTO) has decided to take action against real estate tycoon Malik Riaz and Dr Arsalan Iftikhar, a private TV channel reported on Tuesday.
The Suddle Commission in its report had revealed that Malik Riaz has evaded taxes worth Rs119 billion and Arsalan Iftikhar evaded Rs50 million tax.
While reacting to this, the Federal Tax Ombudsman said the issue of tax evasion could not be left unattended.
The FTO has also decided to call in the Federal Board of Revenue (FBR) to take necessary action into the matter.

2 COMMENTS

  1. Either the findings of Suddle Comm that RM and AI are tax defaulters, considered to be a crime against the state, be taken to task, given examplary punishments, alongwith tax recovery and fines, or else the message is FOOLS PAY TAX in Pakistan, the rich just bribe their way through.

  2. For giving such amount of Tax is not problem for Malik Riaz, real problem is handling of those officers of FBR who come to his office and set their prices for not creating hinder in his ways.he is master in selling and buying white collars and black sheep of Pakistan .So lets see how he come in front of honest officer of his era in this case.
    Good luck suddle and best wisher for Mlaik riaz.

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