Officials stated on Wednesday that the Federal Board of Revenue (FBR) had successfully arrested a suspect in a sales tax fraud case in Karachi that allegedly involved over Rs 4 billion.
After a thorough 18-month search, authorities detained Bilal Imam, who was allegedly the brains of several tax fraud schemes. In the FBR’s continuous campaign against tax evasion, the arrest represents a major milestone.
FBR officials claim that Imam is charged with being involved in a sales tax fraud case involving Regional Tax Office-1 (RTO-1) that is worth Rs 1.9 billion. He is also charged separately in a fraud case involving the Large Taxpayer Unit (LTU) that involves Rs 2.3 billion.
“RTO-1 and LTU have filed two separate FIRs against the suspect,” an FBR official said.
