Trending Discussions
A three-member bench, led by Chief Justice Iftikhar Muhammad Chaudhry was hearing the 3rd and 10th progress reports in the Isaf containers scam.
Expressing dissatisfaction over both the institutions dismal performance regarding the case, the Chief Justice observed that still the NAB and FBR failed to take legal action against culprits who caused a loss of Rs69 billion to national exchequer.
Deputy Prosecutor General NAB Fauzi Kazmi apprised the bench that NAB was making all-out efforts to probe into the scam for which he prayed for two more months to show real progress in the case.
Admonishing the DPG, the bench observed that instead of making efforts to recover huge amount, the NAB was trying to protect the responsible persons.
Issuing directives to the NAB and the FBR to show progress in the case and submit report in the court, the bench adjourned hearing till October 16.
Justice Jawwad S Khawaja observed that Rs69 billions tax was evaded but no serious effort was made even to recover Rs69, adding if the Election Commission was provided Rs13 billions, it could bear the expenditures of the general elections of the whole country.
Shamim Rana, counsel for the FBR informed the bench that process of recovering money from the tax evaders in the scam was initiated which he told was halted due to adjudication of accused in various courts of law.
The chief justice remarked that all the relevant adjudication would have completed if a senior custom official had been deputed to oversee the matter in the concerned courts of law. Shamim also informed the court that 31,462 show-cause notices had been served in the Isaf containers scam case so far.
Chief Justice Chaudhry observed that multibillion amount was embezzled which would be recovered at every cost and subsequently would be deposited to the national kitty. Justice Jawwad Khawaja said tax evasion of Rs69 billion is not a meagre amount and it must be recovered.
