Dubai Land Department to share details of Pakistani property owners: Zaidi – Pakistan

The president of the Federal Board of Revenue, Syed Shabbar Zaidi, announced on Twitter via Twitter that the country's top tax authority held "a very productive meeting" on October 9 and 10 with UAE officials on the exchange of information about the owners.

"The Dubai Land Department will instantly provide details of Pakistani property owners in Dubai," Zaidi wrote on Twitter. "The abuse of Iqama is also being handled."

Addressing a discussion forum on October 5, Zaidi had said that in the past 20 years, about $ 6 billion had been diverted annually from the country.

Noting that this figure had also been reported in the Supreme Court of Pakistan, he described that the country's capital flight was a serious matter.

Currently, Zaidi is overwhelmed by the difficult task of ensuring that Pakistan meets a highly ambitious tax objective for the current fiscal year, and has promised to pursue tax scammers and evaders using all the means at its disposal.

Earlier this month, the president of the National Office of Accountability (NAB), the retired judge Javed Iqbal, expressed frustration at what he called "cold response" from other countries regarding providing the legal assistance necessary to proceed against suspects who have property abroad.

“The white-collar crime begins from Lahore and arrives in Islamabad from where it goes to Dubai and other states and one morning we get to know what properties and farmhouses have been built (by suspects) in Europe, the United States and Australia. When we approach these countries [they do not bother] because we have a begging dish in hand, how is it that [could] speak to them on an equal footing, ”he had said.

He had said that even a small country did not listen to Pakistan when seeking evidence against a suspect.

Citing the example of a Lahore suspect, the president said that he (a suspect) in the 1980s and 1990s was on a bicycle and now had squares and towers in Dubai.

"We tried to bring him (to the suspect) back from the country he was currently living in, but a court there granted him a suspension and we couldn't bring him back," he said apparently referring to former fiance minister Ishaq Dar who was in London. Dar has been declared a criminal proclaimed by a Pakistani court in a corruption reference.