ISLAMABAD: The Federal Board of Revenue (FBR)’s Anti-Benami Zone-III has unearthed another benami property worth billions of rupees in the most expensive area of Karachi. The sources concerned said on Friday that the Anti-Benami Zone-III Karachi has attached the two benami plots located on Tariq Road, Karachi and also issued the notices to benamidars namely Muhammad Yaseen and Kashif Hasan. The Anti-Benami Zone-III had sufficient reason to believe that the land at plot No I67C and Plot No 168C’ commercial area Block No 2 PECHS is benami property. The authorities of the Anti-Benami Zone-III opined that the said property may be alienated during the course of proceedings to avoid the lawful procedure for the treatment of benami property. It is pertinent to mention here that the Anti-Benami Initiative Zone-III, Karachi has so far attached 101 benami assets including properties and shares worth Rs14 billion.

Source: Pakistan Today March 06, 2020 10:18 UTC