ISLAMABAD: The Federal Board of Revenue (FBR) has submitted the reply to Joint Investigation Team (JIT), probing Sharif family wealth abroad, regarding missing record saying that all available record which was demanded JIT had already been submitted.
Following the JIT allegation that FBR has not provided detailed record, FBR has submitted its reply pertaining that all available record of Sharif family and Ishaq Dar had already been provided to JIT as the record of duration which JIT demanded of both incumbents was not available.
“During that period, when Sharif family and Ishaq Dar not in country , it was not essential to them to file wealth statements, wealth tax returns and income tax returns,” it said.
FBR reply further said that some record has been provided to NA and is not available to FBR, some record went missing during record transfer from circle base to functional base, however as the record available will be sent to JIT.
Earlier, Securities and Exchange Commission of Pakistan (SECP) Chairman Muhammad Zafar-ul-Haq Hijazi along with an executive director and five other top-level directors presented himself before the Joint Investigation Team (JIT)) , probing Sharif family wealth abroad.
The SECP officials were grilled by the JIT for several hours and sources privy to the information said that they had submitted all documents with reference to the Sharif family to the probe team.
Zafar Hijazi was probed over the tempering of records while he also submitted the record of Chaudhary Sugar Mills to the JIT. According to sources chairman SECP failed to satisfy the FIA. There were contradictions between the answers given by Zafar Hijazi to the questions by JIT and those given by other officers about the change in the records. It may be mentioned here that a number of officers of the SECP also appeared before the SECP along with all the relevant record.
Meanwhile, the special team of the FIA has completed its investigation of the tempering of the record at SECP.