“Sales Tax fraudster arrested in Karachi”, story printed in a newspaper tells us that old maxims are no more valid. It is said if a secret is shared by more than two persons; it does not be remain a secret for long. In this story, more than a dozen people are involved, including a reputable bank, which cleared 34 transactions (34 cheques) and it took almost 8 years, in this world of quick communication to catch the culprits, who deprived the department of Rs.40 million. The real owner expired during February 2007 and a fake proprietor was arrested on January 19, 2015. Interestingly it is not the first fraud claiming fake sales tax refunds.


Islamabad, January 27.