FAISALABAD: The Federal Board of Revenue (FBR) has unearthed a sugar scam worth Rs6 billion in which fake bank accounts are used.
Between June 2017 and June 2020, Hunza Sugar Mills of Faisalabad sold sugar worth Rs6 billion, the FBR said.
The FBR found that sugar was sold to 1,239 buyers who are not registered taxpayers. One of the buyers has been identified as a cycle mechanic, who allegedly bought sugar worth more than Rs8 million. While, cycle mechanic Imtiaz Ahmed, after the FBR sent him a notice, said that he had never even in his dream seen such a huge amount.
Local media has quoted the mechanic as saying that he even did not have money to spend to visit the FBR’s Lahore office to present a clarification.
His neighbours apprised that Imtiaz Ahmed lived in a rented house and he could not have such a big amount with him as they knew his financial condition.