KARACHI: The Federal Board of Revenue (FBR) has traced Rs360 million transactions through a fake account on Thursday in provincial capital of Sindh.
According to reports, the amount was discovered in the bank account of a resident identified as Mohammad Ibrahim.
A local court has granted FBR’s request to register a case against the bank account’s owner and issued bailable warrants for his arrest.
Moreover, FBR said Ibrahim opened the account in 2015 and transactions were made into the account during July 1, 2015, to June 30, 2018. “Over Rs360 million was accumulated in the bank account over the course of three years,” FBR said. “Rs 20 million was deposited into the account each month.”
Last year, millions were discovered in the account of a woman employed in the public sector. Sarwat Zehra, a resident of Korangi found that millions were deposited in her bank account when the FBR issued a tax notice to her.