Sales Tax corruption cases of Rs1.5 billion pending before National Accountability Bureau: Durrani
Karachi, September 03, 2012 (PPI-OT): The Director General (Sindh) NAB, Wajid Ali Durrani has said that as many as 25 cases of Sales Tax refund cases are pending before the NAB Sindh involving an amount of Rs1.5 billion. Addressing a luncheon meeting at Korangi Association of Trade and Industry (KATI) on Monday Durrani said that a total of 226 cases are pending before the NAB of which a few cases are over 5 years old.
He said that his priority is to dispose of all old cases as five years were enough to collect and submit evidences against the accused. He added that NAB’s preference is on recovery of the looted and plundered amount and if the evidence fails to prove the charge then he would not unnecessarily harass the accused.
He stressed on “nip the evil in the bud” instead of provide someone a chance to involve in corruption. Durrani vowed to resolve all cases and decide that those cases would be soon be sorted out that are non maintainable.
He said that NAB Sindh would soon open up its offices in Hyderabad and Sukkar. He said that the law of plea bargain is not against the national interest as accused still be considered as culprit even after recovery.
He said that whenever NAB receives any reference, the accused given a chance to return plundered money and he again provided another chance to return money through plea bargain. Regarding massive tax evasion, he said that NAB realizes the gravity of this matter and for this purpose he met with Chairman Federal Board of Revenue in Islamabad. He asked the business representatives to lodge the complaints about duty and tax evasion and NAB would take up cases as well. He said that NAB takes up cases of banks from public sector.
He further advised the industrialists to bring in notice of him about the cases of under-invoicing and misdeclaration wherein duty evasion is involved. As pointed out by President All Karachi Industrial Alliance, Mian Zahid Hussain, he said that NAB would take up the matter of irregularities in DHA Plot case and provide relief to the affectees. He said that he does not believe in unnecessary victimization of businessman and no one would be charged unless and until he proves to be the guilty.
Earlier, Patron In-Chief KATI, S M Muneer while welcoming Wajid Durrani’s appointment as D G NAB Sindh hoped that he would strive hard to root out corruption in Sindh’s government departments and business community would be provided relief from extortion and unnecessary harassment by the government functionaries.
He said that due to various factors the industry is suffering badly and exports are declining fast and it’s the need of the hour to provide relief and level playing field to the business community. He advised the KATI members to approach NAB in order to get relief from high handedness of the government functionaries.
Chairman KATI, Ehtesham Uddin said in his welcome address that business community is suffering due to deteriorating law and order in country’s economic hub – Karachi and government too is losing precious revenue due to the closure of industries.
He asked the NAB to provide relief businessmen who were implicated in false cases. Mian Zahid Hussain has pointed out rampant corruption in government departments. He said that Pakistan still remains at the fifth to sixth position in corruption due to which flight of capital is continuing from the country. He also pointed tax gap of about Rs500 billion per annum.
He said that about Rs250 billion are usurped every year in taxation system and Rs280 billions are lost every year in electricity theft while Rs500 billion are eaten up annually by five to six public sector organizations and if these thefts and pilferage are plugged the country would get out of massive deficit easily.
For more information, contact:
Korangi Association of Trade and Industry (KATI)
ST-4/2, Sector 23, Korangi Industrial Area,
Tel: +9221 3506 1211 -2
Cell: +92346 2012346
Fax: +9221 3506 1215