The startling fact came after country’s tax regulators sent a notice to the man who was totally unaware of the money
Pakistani gets 12 billion in his account and he doesn’t know who sent it? Ramesh Kumar came to know about the money after intimation from tax authorities. The Federal Board of Revenue (FBR) sent a notice to Mr. Kumar while he was unaware that he was one of the richest Pakistanis in the country.
Mr. Kumar works as a washer in Ghotki city of Sindh province in Pakistan. The FBR sent him a notice asking him about the source of funds. The funds amounting to 12.78 billion rupees were transferred through his account.
The FBR questioned Mr. Kumar on the source of his funds. The FBR claims that Mr. Kumar did not pay any tax on the purchases of millions of rupees through his account.
After getting the shock from tax authorities, Mr. Kumar chose to reply to the tax authorities. Further, he sent his reply to FBR stating that he doesn’t have any bank account in Pakistan. He adds that he doesn’t have any business and have no connection to these bank accounts.
The poor man is unaware that he is a billionaire by books, or as per his accounts. However, the man is living in extreme poverty and some other people are enjoying luxurious lives on his name.
Pakistan is fighting the issues of money laundering and tax evasion for a long time. However, the issue is boiling as Pakistan is under the threat of getting on blacklist of FATF.