SUNDAY TIMES ISLAMABAD:  The Directorate General of Intelligence and Investigation Inland Revenue has registered a case against four traders of the city, officials said.

The four traders accused of around Rs. 1.26 billion tax theft within a span of five years, FBR officials said.

The case has been registered against Zor Talib Khan, Ammar Khan, Mohammad Hassan and Mohammad Hamza, who have been registered with addresses of Karachi’s Saddar mobile market and district Buner in Khyber Pakhtunkhwa.

The tax authorities have issued the Rs. two million bailable warrants of the each accused, officials said.

According to the FBR accused trader Zor Talib Khan is proprietor of M/s Salar Enterprises and Salar Mining. He had opened six benami accounts during year 2012 to 2017, the officials said.

Over eight billion rupees bank transactions made in six bename accounts during the five years, FBR officials further said.

The tax officials said that most of the businesses of the accused were in Karachi, but when Zor Talib Khan was issued a notice over the matter, he expressed his ignorance about it.