The Inland Revenue department has uncovered one of the biggest fake transaction scandal in the history of the nation. The department had revealed on Wednesday that it had tracked a series of accounts which were under the name of Rickshaw driver in which more than Rs 8.336 Billion was found. The owner of the account namely ZorTalab used to work as Rickshaw driver in the city of Karachi and is as of right now living in Buner.
The scandal was discovered when the Directorate Intelligence and Investigation (DII) Inland Revenue basically issued a summoned letter to the owner of the accounts which was issued under the Income Tax Ordinance and Money laundering law 2010. An official of DII states that DII issued the first notice to ZorTalab in March of this year and since then three more reminders were sent to his address. But notices were left unanswered and authorities later found that the person could not be found at that address.
The Department then changed their strategy in the matter and located his phone issued under his CNIC and established contact on his cell phone. Furthermore it was found from the investigation that ZorTalab was a poor man who used to work as Rickshaw driver to earn his living and was now cultivating lands in his native village of Buner. Moreover ZorTalab agreed to cooperate in this matter and in his next visit to the city where he used to work before, he will record his statement.
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Now according to the records of the department, a company called Salar Enterprise which is basically a Rickshaw Driver company is registered to the name of ZorTalab under the category of trading business. That company added three accounts to their names in HBL SDV branch in Karachi and out of these 3 accounts two were opened in the name of Salar Enterprises and one was given access to in the name of Salar Mining Enterprise. Furthermore as per the records the first account hold Rs 4.6 billion and the second accounts holds about Rs 3.6 billion and finally the third account which is now closed has a recorded turnover of Rs 136 million.
Finally according to the notice sent to ZorTalab, DII highlighted that Salar Enterprise tried to cover up its business activities and that the company submitted the tax documents from Swat where it had basically gotten a tax exemption but the problem is that they are operating this business in Karachi. Furthermore the notice also stated that there are other accounts in the name of Salar Enterprise in Buner as well and these accounts were opened in the Bank Alfalah with Rs 93 million, in the Faysal Bank with Rs 53 million and finally in Bank Al-Habib in Rs 15 million but as of right now the ownership of these accounts aren’t revealed.
