KARACHI – Yet another scam worth Rs 40 billions is surfacing in Pakistan.
Media report has revealed that atleast Rs40 billion of sales tax refundscam being unearthed by the FIA.
Influentials are suspected to channelise fake trade invoices worth Rs 40billion.
Sources said the latest discoveries of fake bank accounts by the FederalInvestigation Agency (FIA) will unfold mega sales tax refund scam asthousands of bogus companies were found registered to issue fake and‘flying’ invoices.
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Recently, the FIA detected transactions amounting billions of rupees in abank account owned by Muhammad Qadir, an ice cream seller. The bank accountwas allegedly opened using Qadir’s computerised national identity cardnumber and huge transactions were found made through the account.
