Broadsheet case: FBR sends notice to NAB for causing loss to national kitty
Islamabad: The Federal Board of Revenue (FBR) has issued a notice to the National Accountability Bureau (FBR) for causing loss of $4.3 million to national exchequer by showing haste in payment of fine amount to Broadsheet, a UK-based asset recovery firm.

Sources said that the anti-graft buster had paid $28.7 million to Broadsheet, which has become a hot issue since the London High Court announced verdict against Pakistan, without deducting a withholding tax amounting to 690 million in Pakistani rupees.
As NAB failed to comply with the rules, it will now pay the tax to the FBR, the sources added.
The services of Broadsheet were hired during the tenure of former president Pervez Musharraf to detect the assets of Nawaz Sharif, Asif Ali Zardari and other bigwigs.
However, NAB ended the deal in 2003, provoking the UK firm to move the court. In 2016, the court ordered the anti-graft buster to pay the fine to Broadsheet.
As Broadsheet scandal has become the talk of the town, the federal government has formed a one-member commission comprising former Supreme Court judge Azmat Saeed Sheikh.

Taara Beam provides 25Gbps connectivity over invisible beams of light
- 10 hours ago

Italy to issue 10,500 work visas for Pakistan’s skilled workers,says Mohsin Naqi
- a day ago

Web scraper sued by Google claims Google is the one scraping the web
- a day ago

Cognizant Classic 2026: How to watch, PGA schedule on ESPN
- 9 hours ago

The Epstein files Trump’s DOJ is withholding
- 8 hours ago

PM Shehbaz unveils PSDP data portal for transparent governance
- 18 hours ago

Security forces operations in Balochistan and Khyber Pakhtunkhwa; 34 khawarij terrorists killed
- 18 hours ago

Govt launches 'No Child Left Behind' campaign for out-of-school children
- a day ago

The Supreme Court will decide if marijuana users may be barred from owning guns
- 8 hours ago

Gold prices fall in Pakistan, global markets
- 9 minutes ago
.jpg&w=3840&q=75)
Pakistan committed to peaceful resolution of disputes: Ishaq Dar
- 18 hours ago

Meta will ruin its smart glasses by being Meta
- a day ago


