FTO takes suo moto against FBR officer involved in fake tax refund.

Islamabad -- The Federal Tax Ombudsman (FTO) took a suo moto notice against Federal Bureau Revenue (FBR) Officer involved in fake tax fund during 2011-14 and directed FBR to take disciplinary action against these officers.

According to details, M/S Cresent Adesons International availed tax refund of Rs 46.916m, M/S AZ Co Rs7.5m, M/S Silicon International Rs5.4m, and M/S M Hareek Traders Rs4.12m with connivance of corrupt officers of FBR.

According to FTO report, red alert issued to concerned field formations, but no action was taken against the culprits involved in the mega corruption and...

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