‘Facilitators’ of leak identified

Author: Agencies

Finance Minister Ishaq Dar shared on Tuesday that he has received the interim report related to the leak of Army Chief General Qamar Javed Bajwa’s income tax records, adding that they have traced some people involved in the act. Speaking to a private TV channel, Dar repeated that leaking army chief’s income tax returns was “illegal”. “I have seen the interim report. I hope to receive the final report by night,” Dar told the TV host. He added that the government has found a few people behind the leak and the issue will reach its logical conclusion. The finance minister shared that one person involved in the leak is from Lahore and another from Rawalpindi. However, he added that there is a possibility that some of the individuals involved may have the authorisation to look at the income tax records as there is a “circle” in Rawalpindi where assessments take place. “These people are authorised to access [data] for their assessment,” said Dar. The finance minister was of the view that if “illegal work” is allowed or a blind eye is turned towards it then a person will not be fulfilling their duty. “The law does not allow the release of army chief or anyone else’s income tax returns without a court order,” said the finance minister. Reacting to Imran Khan’s claim that Pakistan’s default risk soared from 5% to 80% during the tenure of the incumbent coalition government, the finance minister said that the PTI leaders should think that whether they were working in or against the interests of the country.

The finance czar berated the former PTI government for borrowing historic loans and ruining the economy ahead of the COVID-19 outbreak. He reiterated that Pakistan will not default and would repay loans on time. “They must stop the dirty politics,” he added.

The coalition government was taking measures to repay the loans, he said, adding that they were engaged with friendly countries besides multilateral donors such as World Bank, IMF, Asian Development Bank and Asian Infrastructure Investment Bank. He said that due to Imran Khan and other PTI leaders’ speeches, the multilateral donors seek queries from the government.

Ishaq Dar claimed that the real value of US dollar should be around Rs190. Long march, political instability, negative statements and lack of confidence were the major reason behind the high rates of the US dollar.

He maintained that the opposition should not make point-scoring on the economy. Responding to a question on petroleum prices, the minister said that the government would pass on the benefit of reduced fuel prices to the masses.

Share
Leave a Comment

Recent Posts

  • Fashion

Cross-Cultural Threads: Merging Traditional Craft with Modern Design

  Growing up in New York with Pakistani roots, I’ve always been fascinated by the…

9 hours ago
  • Business

Embark on Your Spiritual Journey with Ease – The Cashless Sullis Hajj Card is Here!

In a groundbreaking move that promises to revolutionize the pilgrimage experience, Pakistani startup MYTM has…

1 day ago
  • Sports

Elevating Pioneering Cricket x Art Collaboration: Three Time Super League Winner Islamabad United and Iconic Artist Imran Qureshi Unveil ‘Game Changer’

Islamabad United, the most decorated team in Pakistan Super League history with three championships, proudly…

1 day ago
  • Pakistan

Technical Issue Resolved on Flight from Karachi to Toronto

  Karachi, Pakistan - May 17, 2024 A technical issue on Pakistan International Airlines (PIA)…

1 day ago
  • Business

Exposed: Pakistani businessman with Indian partner funding Adil Raja in UK

  A businessman from Mandi Bahauddin in Gujarat, Ahmad Jawad, is funding fugitive YouTuber Adil…

2 days ago
  • Business

Bidaya Finance has selected Temenos and Systems Limited for its digital financing transformation in KSA

Riyadh, KSA – [Date] – Bidaya Finance's commitment to digitally transform its operations is deeply…

2 days ago