ISLAMABAD - Senior officials of five telecom companies (National Telecommunication Corporation (NTC), Ufone, Telenor, Pakistan Mobile Communication Ltd. (PMCL) and Warid) appeared before NAB’s investigation team Thursday in Rs 47 billion tax evasion case.

All five telecom companies agreed to fully cooperate with NAB’s investigation team and have sought one-week time to submit their written reply.

The companies, during the course of inquiry, were conveyed of their liabilities by the investigation team as determined by the tax authorities. The representatives of these telecom companies denied owning whatever is being published in the media in their names.

NAB reiterates its stance regarding transparent inquiry and pledges that no such threats would be acceptable to the bureau. The Chairman NAB is of the view that NAB will keep supreme the interests of the common people of Pakistan. Anyone found guilty under the law will have to face consequences.