Thu, Mar 23, 2017 | updated 03:54 PM IST

Pak's revenue board sends notices to nationals named in Panama papers

Updated: Sep 04, 2016 09:52 IST

Islamabad [Pakistan], Sept. 4 (ANI): Pakistan's Federal Board of Revenue (FBR) has begun sending letters to over 600 Pakistanis named in the Panama Papers for owning offshore companies, which also includes names of Pakistan Prime Minister Nawaz Sharif's family members.

"This week we have begun the process of sending letters to hundreds of Pakistanis who have been named in Panama Papers," the Express Tribune quoted Federal Board of Revenue spokesperson Dr. Mohammad Iqbal as saying.

The International Consortium of Investigative Journalists (ICIJ) in April this year published a fraction of the data leaked under the Panama Papers investigation which included the names about 640 Pakistanis as beneficiaries of offshore holdings.

Iqbal said the letters have been sent under Section 176 of the Income Tax Ordinance, which empowers tax officials to seek information about any transaction.

The move by FBR coincided with Pakistan Tehreek-e-Insaf (PTI)'s move to launch a countrywide campaign against the government over corruption and delay in taking action against those whose name surfaced in Panama papers.

The spokesperson, however, did not confirm whether letters have also been sent to Sharif's daughter or his sons, Hussain and Hasan.

He added the letters were written to all those people whose confirmed addresses were available.

However, the legal and tax experts reportedly believe that tax authorities are unlikely to achieve anything through these notices as the named are protected by the law and well equipped to silence a weakened tax machinery.

The FBR on April 8 also sent a notice to Prime Minister Sharif under Section 176, seeking a clarification on receipts of foreign remittances from his son and subsequent distribution among his family members. (ANI)

Islamabad [Pakistan], Mar. 23 (ANI): Pakistan had on Wednesday urged India to immediately release separatist Kashmiri leaders under house arrest alleging that this move was aimed at preventing them from attending the Pakistan Day celebration today at the High Commission in New Delhi.

Full Story >>

London attack: Police confirms seven arrests

Updated: Mar 23, 2017 14:09 IST

London [UK], Mar. 23 (ANI): Acting Deputy Commissioner at the Met Mark Rowley has confirmed that seven people have been arrested from Birmingham and elsewhere in connection with Wednesday's violence.

Full Story >>

Kabul [Afghanistan], Mar. 23 (ANI): A local police officer killed nine of his colleagues at a check post in northern Kunduz province late on Wednesday night.

Full Story >>

Dhaka [Bangladesh], Mar. 23 (ANI): The Bangladesh Supreme Court has scrapped a High Court order that stayed the trial proceedings of Niko graft case against former prime minister and Bangladesh Nationalist Party (BNP) chairperson Khaleda Zia, thereby clearing the way for continuing trial proceedings in the case.

Full Story >>

Washington D. C. [USA], Mar. 23 (ANI): The Chinese officials warned a US military aircraft flying near South Korea on Sunday during routine operations in international airspace.

Full Story >>

Kathmandu [Nepal], Mar. 23 (ANI): Nepalese Minister for Foreign Affairs Prakash Sharan Mahat has said that no pacts or MoUs will be signed with Beijing during Prime Minister Pushpa Kamal Dahal's visit to China starting today.

Full Story >>

Islamabad [Pakistan], Mar. 23 (ANI): On the occasion of Pakistan Day, President Mamnoon Hussain said in his address that Islamabad is ready for dialogue with India over the Kashmir issue.

Full Story >>

New York [USA], Mar. 23 (ANI): The United States is reportedly building a case implicating North Korean government of orchestrating an USD 81 million cyber heist from the Bangladesh central bank's account at the New York Federal Reserve, according to media reports.

Full Story >>

Paris [France], Mar. 23 (ANI): The lights of the Eiffel Tower were turned off at midnight to pay respect for the victims of Wednesday's vehicle and knife attack in Westminster.

Full Story >>

Rothschild (Wisconsin) [USA], Mar. 23 (ANI): One police officer and three civilians were killed in a series of shootings on Wednesday afternoon in Marathon County, according to the Police.

Full Story >>

World leaders condemn U.K. Parliament attack

Updated: Mar 23, 2017 07:19 IST

New Delhi [India], Mar. 23 (ANI): In the wake of the unfortunate terror attack outside the Houses of Parliament in London on Wednesday, political leaders across the world have come forward and condemned the incident in strong words.

Full Story >>

New York [U.S.A.], Mar. 23 (ANI): The FBI has information that indicates associates of U.S. President Donald Trump might have communicated with suspected Russian operatives to possibly coordinate the release of information damaging Hillary Clinton's campaign in the elections.

Full Story >>

London [U.K.], Mar. 23 (ANI): Akin to other terror attacks in the recent years, countries like France and Israel showed solidarity with London post the major terror attack outside the Houses of Parliament on Wednesday here.

Full Story >>

New Delhi [India], Mar. 23 (ANI): There will be no major escalation in security measures in the metropolitan cities of India - Delhi, Mumbai, Bengaluru and Chennai - following the major terror attack outside the Houses of Parliament in London on Wednesday.

Full Story >>

London [U.K.], Mar. 23 (ANI): The Met Police have confirmed that five people, including the attacker, died and at least 40 were injured in the major terror attack outside the Houses of Parliament on Wednesday here.

Full Story >>

New York [U.S.A.], Mar. 23 (ANI): Donald Trump Jr is facing criticism for posting a distasteful tweet featuring London Mayor Sadiq Khan hours after a major terror attack on the Houses of Parliament in London, which left four, including a police officer, dead.

Full Story >>

New York [U.S.A.], Mar. 23 (ANI): Following a major terror attack on the U.K. Parliament in London, the New York Police Department (NYPD) has stepped up security measures in the United States.

Full Story >>

London [U.K.], Mar. 23 (ANI): U.K. Prime Minister Theresa May has described the major terror attack on the Parliament, which shook the nation on Wednesday, as "sick and depraved."

Full Story >>

New Delhi [India], Mar. 23 (ANI): In the wake of the attack on the U.K. Parliament on Wednesday, Indian Minister of External Affairs Sushma Swaraj has shown solidarity with London and has assured that there was no Indian casualty reported.

Full Story >>

London [UK], Mar. 23 (ANI): The lockdown of Westminster following the attack on the U.K. Parliament seems to be over, after several hours.

Full Story >>