The Federal Board of Revenue (FBR) has decided to launch a crackdown against tax defaulters as data of 50,000 bank accounts being operated by the Pakistanis across the world has been traced out, a private TV channel reported on Wednesday. According to the report, the FBR has initiated first phase of crackdown against the tax defaulters amid hopes that more details in this regard will be received in the coming days. “The accounts traced so far are being operated in Spain, Italy, France, Germany and other countries and bulk of them are held by the people of Karachi, Lahore and Islamabad,” the report said. The FBR will, however, keep information of the account holders confidential. Published in Daily Times, January 17th 2019.