Joint task force formed to retrieve illegal assets of Pakistanis abroad
ISLAMABAD - A joint taskforce, comprising FIA, NAB and FRB officials, will be formed to retrieve Pakistani illegal properties from abroad and will have the authority to approach state institutions and departments as well as foreign governments for investigation. link link
FIA has significant details about the properties held by Pakistanis in Dubai and the committee aims to work on bringing back those assets.
The committee will also review details available with FBR about properties held in the UK and will summon individuals owning the properties in these regions.
The report stated that those who admit to owning the properties would be asked to produce money trail while an inquiry would be sought against those who refuse to admit the same.
Foreign assets can be frozen if money trail is not furnished, the report further stated.