The Federal Investigation Agency (FIA) on Thursday informed the Supreme Court that 35 politicians and their associates own properties in Dubai. A Supreme Court bench led by Chief Justice of Pakistan Mian Saqib Nisar heard the suo motu notice of assets owned by Pakistani nationals in foreign countries as the FIA proposed its initial report on this subject.
The review claimed that 35 politicians and their associates own assets in Dubai, “The FIA initiated investigations against 3,570 Pakistanis who own properties worth Rs1, 015 billion in Dubai,” the report stated.
It was further communicated through the report that nine ‘benamidaars’ have been spotted as well as 150 “extremely rich individuals who own properties worth Rs30 billion”
“Investigation was halted against 386 persons who benefitted from the amnesty scheme. Those who owned 374 properties in Dubai benefitted from Tax Amnesty Scheme 2018,” the report said.
Further, the report published that 150 people accepted that they have not revealed their foreign properties in their tax returns.
“674 people recorded their statements before FIA team and 900 Pakistanis illegally own properties in Dubai,” the report said.
The report broadcasted, “44 people who benefitted from the tax amnesty scheme face NAB cases.” It continued, “200 people disclosed their properties while recording their statements but did not benefit from the tax amnesty scheme.”
The attorney general, “Some progress has been made but more time is needed.”
Justice Nisar then exclaimed, “DG FIA Bashir Memon has informed us that foreign properties worth Rs1 billion have been identified. Whose responsibility is to bring the money back?”