Chairing a weekly review meeting on the affairs of the Federal Board of Revenue (FBR), the prime minister was briefed on a report prepared by a committee headed by Mushtaq Ahmed Sukhera.
The report revealed that over-invoicing remained prevalent between 2017 and 2022, with relevant institutions showing persistent negligence. Expressing concern, the prime minister ordered that all individuals involved in the незакон activity be brought to justice without delay.
He also directed authorities to identify officials responsible for negligence and expedite departmental proceedings against them.
“Tax money is a trust of the nation. Protecting it is our duty, and we are accountable for every penny,” the prime minister said, emphasizing transparency and financial discipline.
The premier further instructed officials to formulate a comprehensive strategy to prevent such practices in the future.
During the briefing, it was shared that the Financial Monitoring Unit (FMU) would be strengthened and made more effective by including representatives from the Federal Investigation Agency (FIA) and the Intelligence Bureau.
Officials informed the meeting that the FBR has developed a Centralized Price Verification Portal aimed at improving transparency in trade transactions. The system is expected to be linked with banks by the end of June.
The meeting was told that the FBR’s Post Clearance Audit Wing had first detected the over-invoicing network in October 2022. So far, 13 FIRs have been registered against those involved, and legal proceedings are underway.
The mMusadik Malik, Ahsan Iqbal, Attaullah Tarar, ThatMansoor Usman Awan, Minister of State for Finance Bilal Azhar Kayani, the FBR chairman, and senior government officials.
