Issuance of bogus refunds: senior income tax officials' gang busted in Pakistan

ISLAMABAD (August 18, 2008):

The Directorate-General of Intelligence and Investigation of FBR has busted an organised gang of senior tax officials of Karachi, who issued bogus income tax refunds to unscrupulous businessmen, who used names of advertising agencies/media companies on the basis of illegal 'tax deduction certificates'.