NAB recommends Plea Bargain for accused FBR officials

NAB recommends Plea Bargain for accused FBR officials

KARACHI: The National Accountability Bureau (NAB) Karachi in its Regional Board Meeting headed by NAB Karachi Director General recommended the Plea Bargain (PB) of Rs.3,845,960 for officers/officials of Inland Revenue Services (IRS) Federal Board of Revenue (FBR) named Kashif Naseer and Syed Masroor Burni both Processing Officers.

The Board had also recommended the Plea Bargain under trial Reference no 18/2017 against Muhammad Shahid, Proprietor of M/s Shayan International & others, said a statement on Friday.

The accused persons in connivance with each other had allowed /processed sales tax returns to various companies against dubious, fake and flying invoices and had caused loss to the national exchequer to the tune of Rs.111.477 million.

The Plea Bargain of both the accused persons as recommended by the board, will be presented before an Accountability Court Karachi for its final approval under Section 25(b) of NAO-1999.