ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people allegedly involved in tax evasion and money laundering.
The bureau is also checking affairs of Non Profit Organisations (NPOs) and International Non Profit Organisations (INPOs) for their alleged involvement in money laundering and terror financing.
The FBR officials said they received complaints of money laundering and terror financing. Following the complaints they have started formal investigation in 36 to 40 cases. The FBR’s move comes to comply with Financial Action Task Force (FATF) conditions. There were numerous complaints that different kinds of methods were applied to establish any outfit on the front but it was used for the purpose of money laundering and terror financing.
In such cases, the use of NGOs and INGOs were also found and in some cases the FBR started investigation to get details of money trail.