AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Pakistan

'Blatant lies': ISPR rejects claims about COAS Bajwa and his family's assets

  • Details about their assets based on assumptions, says the military's media wing
Published November 27, 2022

The Inter-Services Public Relations (ISPR) on Sunday rejected claims being made on social media regarding the assets of outgoing Chief of Army Staff (COAS) General Qamar Javed Bajwa and his family, saying the reports in this regard were “based on blatant lies”.

The military's media wing said details about their assets were based on assumptions, adding that a "specific group has cunningly attributed the assets held by the father of Gen Bajwa’s daughter-in-law to the Army Chief and his family".

Dar takes notice of ‘illegal, unwarranted leakage of tax info’ of COAS Bajwa’s family

“An incorrect impression is being created that these assets were created by army chief General Bajwa's family during his six-year tenure. It is totally untrue, based on blatant lies and malice,” said the ISPR.

The military’s media wing assured that all the assets of the army chief, his wife, and his family have been declared to the Federal Board of Revenue (FBR).

“Army chief and his family regularly file tax returns. Like every citizen, the army chief and his family are accountable to the tax authorities for their assets,” said the ISPR.

Earlier, a report published by FactFocus.com, a Pakistan-based digital media news organisation, claimed members of COAS Bajwa’s immediate family including spouse and children “started a new international business, shifted capital abroad, and bought foreign properties”.

The report, which claimed to have in possession the COAS’s tax records, alleged that Gen Bajwa’s spouse “became a multi-billionaire with large farmhouses in Gulberg Greens Islamabad and Karachi, multiple residential plots in Lahore, and commercial plots and plazas in DHA schemes”.

The report further claimed that “the General’s family started an oil business in 2018, Taxx Pakistan, headquartered in Dubai and expanded all over Pakistan within a few months”.

The report alleged that the “current market value of the - known - assets and businesses within Pakistan and outside accumulated by the Bajwa family during the last six years is more than Rs12.7 billion”.

FBR widens probe into tax record leak of COAS, family

After COAS Bajwa's tax details surfaced in the media, Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar took serious notice, saying: “This is clearly violative of the complete confidentiality of tax information that the Law provides."

“In view of this serious lapse on the part of to-date unknown functionaries the finance minister has directed Special Assistant to Prime Minister (SAPM) on Revenue Tariq Mehmood Pasha to personally lead an immediate investigation into the violation of tax law and breach of FBR data, affix responsibility and submit a report within twenty-four hours," the ministry of finance said.

The FBR on Saturday included three more income tax officers in the investigation of leaked tax record details of Gen Bajwa and his family.

Sources said the FBR will carry out an investigation from the chief commissioner, commissioner, and additional commissioner in connection with the leaked tax record details.

These three officers will also be removed from their posts as they are equally responsible for the leakage of these tax details, sources added.

The leaked tax details were downloaded from the deputy commissioner Lahore’s login and then pictures were captured from the deputy commissioner’s computer, sources said.

Comments

Comments are closed.

Hussain Nov 27, 2022 04:51pm
Well if all that is true then publish his returns for all to see...?
thumb_up Recommended (0)
Muhammad Waris Khan Niazi Nov 27, 2022 08:39pm
ExCOAS should declare his assets publicly to end the issue.
thumb_up Recommended (0)
zh Nov 28, 2022 01:02am
The ISPR doe NOT have a trust-evoking record.
thumb_up Recommended (0)