06-Jan-2022
KARACHI: The Federal Board of Revenue (FBR) has ordered an inquiry and audit of vehicles auction conducted during 2014-2021.
Chairman FBR has formed an Inquiry Committee headed by a well-reputed BS-20 officer, Yaqoob Mako to scrutinize the auctions of confiscated vehicles and identify the irregularities if any.
An official said the inquiry would cover the period of eight collectors, including the longest period of Saeed Jadoon. It may be mentioned here NAB is also doing an inquiry into the auction of vehicles till 2019. Nothing against officers has been found as yet.
An official said after the NAB inquiry, nearly all vehicles have been impounded with the help of police and FC. Customs stopped taking hold of NCP vehicles independently. Even FC & Army officers were invited to observe transparency in auctions.
