FBR plans ‘Operation Desert’ targeting money-laundering and black money  

KARACHI: The Directorate of Intelligence & Investigation – Inland Revenue has planned a special clandestine operation with code named ‘Operation Desert’ against the transfer of black money from Pakistan to UAE in the garb of real estate investments.

The authorities believe that this is the need of hour as Dubai has become hub of black money sent out of Pakistan.

It is suspected that ten times more black money earned in Pakistan is being invested in Dubai’s property sector compared with that in Swiss banks.

As part of their campaign against money laundering and black money, the Intelligence & Investigation (I&I) of Inland Revenue Service (IRS) initiated operation targeting laundering of black money in the garb of real estate investment abroad.

A couple of exhibitions organized by UAE bases real estate developers were raided and records were taken into possession.

The analysis of data and a look into the affairs of people who were making or willing to make real estate investment in UAE cautioned an even bigger conspiracy. Moreover, a rough estimate of money to be invested through these projects is much larger.

Money laundering is a menace and it breaks the country. A large amount of foreign currency is being smuggled out of the country, which experts are terming ‘flight of capital’.

Sources said that the country was in a state of war as anti-Pakistan forces, which may include neighboring country, attacked the economy of the country.

Not only the money is drained out in shape of real estate investments in UAE, foreign currency is physically being smuggled while over-invoicing of imported goods and equipment by multi-national companies are killing the national economy.

The situation is getting worse, which is evident from the ever weakening Pak Rupee.

During last tenures, the level of corruption in Pakistan at every level surged in leaps and bounds. Further, the worsening law and order along with extortion under the patronage of ministers and other influential pulled out billions of dollars from the country’s economy.

This black money is now being converted into foreign currency and drained out of through various means.

As many as 648 persons expressed in investing in the UAE based projects of Damac Properties and 64 persons evinced interest in the project of NSHAMA Properties.

It is interesting to note that over 80 percent of these persons were non-tax filers and were NTN or Sales Tax registered.

These persons include politicians or their managers/front men and brokers; bureaucrats and other influential people including celebrities.

However, the Intelligence & Investigation –IRS Director Shamsul Hadi has been recently transferred to Quetta, Additional Director Asim Iftikhar was transferred to LTU, Deputy Director Asif Ali Abro has also been transferred.

These officers detected this crime and investigated it in spirit.

Following are the names of persons interested in investing in UAE:

Sadaf lqbal, Ahmaed Mujahid, Nasir Ali Rajput, Muhammad Amin, Salman Hafiz, Sadaf Butt, Mustansar Khalid, Nouman khan, Muhammad Hany, Tauqeer Hussain, Mian Athar Gul, Syed Basit Kazmi, Fayaz ur Rehman, Nabeel Ahmed Khan,Wuhammad Waqar P, Muhammad Farhan, lqbal Baig, Parvez Musharraf, Ahmed Karim, Abdul Haseeb, Siraj Kabani, Syed Rehbar Alam, Syed Ali, Mumtaz Ali Akbar , Saif Ansari , Mrs Muoazzam, Muzammil Ahmad , Sardar Saboor Khan, lqbal Baig , Khalid Khan , Rehana Ahsan, Ramzan Ali , Not mentioned, Erum Ghazi,Faisal Ghazi, Muneeb ur Rehman, Saqib Hashmi, Arsalan Subhani, Asif Rasheed, Umair lqbal, Talha Hasan, Dr Abu Ammar, Zaiba Siddiqui, Sohail Akhtar, Moin Sethi, Latif Amin, Mushtaq Kareemi, Abdul Haq,Tehseen Basit, Muhammad Hamza A, Munir Ahmed, Rizwan Ahmed, waqas virk, Mushtaq Ahmed, naqeebullah, zahid ulhaq, rehan riyaz, faisal, Rizwan Saeed, Muhammad Hasan, M.hafiz bhati, M.SHAFIQ CHOWDHF,Tehseen Basit, Yaar Muhammad, Moin Akhtar, Talib Hussain, faheem ahnied, Mohammad Saedulla Kashif Ahmed, Shahzad Chauhan , Umar Khan, Qasim Ali, Tehseen Basit, Mrs Mirza, Shama Patel, Nadeem Kazmi, Aurangzeb Aftab,Muhammad Ibrahim, Ms Naheed, Asnad Nasrullah, Saqib Rashid, Amin Dada, Shahid Jameel, Abdul Haq Memon, Shahid Naseem, Zaiba Siddiqui, Shahid jameel, Mehmood Khairkah, Qasim Khan, Mushtaq Kareemi, Syed Faraz, Gull Ahmed, Moeen Qaiser, Nil, Muhammad Shakeel,Hammad Qureshi, Hammad Qureshi, Mohammad Irfan, Adnan Ali, Zahid Shafiq, Shafi Ullah, Hamza Khalid, Zulfiqa Siddiq, Hammad Qureshi, Zaiba Siddiqui , Muhammad Asad, Safdar Ali Shah, Moin Khan, raza rizvi, Muhammad Kashif, Islahudin,Ali Nasir, Mr Muhammad, Talal Ahmed Rana, Maqbool Butt, Dr Naseem, Malik Zulfigar, Amar Abbas, Kashif Sokhera, Asif Bilal, Mrs Shebih, Adeel Khan, Asad Javed, Muhammad Ishaq, Muhammad Jahangir, Robina Yousuf,Azmat Malik, Feroze Turab, Dr Surayya, Tahir Khan, Mrs Rashid, Ahmed Niazi, Tariq Ahmed, Mansoor Malik, Affan Ullah, Amir Sadiq, Bashir Hussain, Ammara Yousuf, Hasan Ali, Muhammad Majid, Zafar Ahmed, Naveed Ahmad, Muhammad Ashfaq, Mansoor Shahzad,Zohaib Jan, Ammar Ahmad, Zaheer Babar, Shariq Ahmad, Muhammad Naseer, Adeel Shahzad, Tanveer Ahmad, Asif Manzoor, Miss Mehwish, Samina Nabi, Asifa Altaf, Miss Ambreen, Tariq Khan, Syed Jazib Ali, Mushtaq Bhatti, Rehan Jameel, Jahanzeb Khan, Muhammad Imran,Muhammad Kashif, Shiekh Usman, Usman Jahni, Tanveer Haider, Momin Ali shah, Amir Rana, M.Aqil, Tanveer Hussain, Dr Surayya, Muhammad Saleem, Jameel Ahmed, Miss Abida Syed Khar, Muhammad Zeeshan, Aijaz Shaikh, Mrs Zahid, Miss Yousuf Zaidi, Waqar Ahmad,Abdul Hameed,Chaudhry Muhamma, Ayesha Taufeeq, Muhammad Aslam, Rana Muhammad Shah , Faisal Raza, Rana Muhammad Shah , Syed Wafadar Hussain,Asif Bhatti , Ghayur Ahmad Khan , Maleeha Rehman, Tajjummul Chaudhry, Rana Sarmad, Kashif Alam , Rashid Hassan , Abdul Hameed, Asghar Hayat,Sabir Hussain, Mrs Khalid, Ghulam Naqshband , Dr Haleem, Arbab Nadir, Mrs Yasmeen, Aijaz Ahmed, Ghulam Roohullah, Tariq Uzzama, Sher Ali Khan, Ameer Zaib, Shokat Ali , Ali, Mrs. Wasif, Mrs. Raza, Muhammad Madni, Touqeer Hussain, Muhammad Ali Khan,Asad Javed, Mutahir All, Nazir Mithani, Khalid Saeed, Mohsin Mirza, Syed Athar Ali, Khalid Mumtaz, Sikandar Hayat, Muhammad Atif, Rana Zia Ahmed, Mukhtar Ahmed, lmtiaz Ahmad,Shaukat Mehmood, Zaryab Sardar, Syed Waris Ali Shah , Shiekh Muhammad , Asif Irshad, Muhamamd Saeed, Dr Nausheen, Anal Waqar, Muhammad Haneef, Muhammad lqbal, Malik Babar, Syed Riaz Hussain, Mehtab Rafiq, Abdul Basit, Mehfooz Khan,Khuwaja Zeeshan, Mrs Anwar, Muhammad Aslam, Faisal Shabbir, Chaudhry Ramzan, Sallauddin Siddiqi, Akhtar All, Zameer Malik, Zafar All, Muhammad All, Javaid Anwar Bhatti, Sohaib Khan, Mrs Major Wahab, Mrs Khawar, Mr Naweed, Muhammad Aamir, Jameel Ahmed,Ghulam All, Jameel Akhtar, Zahid Ahmed, Hamid ul Karim, Mobeen Malik, Furcian Ahmed, Sumera Anwar, Mr Kamran, Adnan Jalil, Riyaz Merchant, Mr Ali, Muhammad Hamza, Mazhar Ali, Muhammad Shakeel, Rana Adnan, Mrs Asif, Hammad Paracha,Mr. Shahid, Mashal Khan, Muhammad Jamal, Muhammad Jamal, Mazhar Ali, Syed Sajjad Ali Shah, Atique Rafiq, Muhammad Hussain, Muhammad Junaid, Sultan Ahmad, Muhammad Yaqoob, Mir Murtaza, Mrs Usman, Umair Hasnat, Mrs Adeel Bukhari,Chaudhry Muhammad, Muhammad Jamal, Ghulam Hussain, Muhammad Naseem, Muhammad Nadeem, Muhammad Kashif, Chaudhry Arshad , Rizwan Akbar, ljaz Sheikh, Imran Malik, Rana Imran, Khalid Mansoor,Muhammad Sajjad, Haseen Uddin Baig, Zeeshan Butt, Muhammad Tayyab, Imran Faisal, Mr Irfan, Naeem Muzaffar, Afzal Khan, Zaffar Ali, Miss Nilofer, Rai Muhammad Khar, Muhammad Farhan, Muhammad Ismail, Professer kiyani, Khuwaja Asif, Mir Tariq, Waqar Zaidi,Hamid ul Karim, Muhammad Nadeem, Mrs Gulzar, Muhammad Sajjad, Aijaz Shah, Shahid Latif, Zulqarnaain Iftekhar, Muhammad Ali, Mirza Mujeeb, Hinayat Hussain, Jaweed Alam, Malik Imran, All Raza, Shafqat Khan, Miss Aiesha Varsey,Syed Sajjad, Mir Zulfiqar, Mrs Qazi, Abdul Razzaq, Rana Shehzad, Ali Zafar, Majid Khan, Mr Imran, Omer Adam, Mashan Amir Ali, Taj Munawar, Waqar Ahmed Qadri, Zahir Shah, Shaheen Rafi,Imran lqbal, Shaheen Rafi, Syed Mustafa Shah, Abdullah Saeed, Sangeen Sher, Atif Ishtiaque, All Zia, Mehmood Khan, Mehmood Sheikh, Dr Daud, Usama Mehmood, Muhammad Javed, Noor Mazhar, Muhamamd Ejaz, Nawab Khokar, Muhammad Amjad,Shaheen Rafi, Nadeem Allah Wala, Zia Ur Rehman, Shayan Abbas, Babar Farooq, Riyasat Ali Nazir, Zafar Ali, Imran lqbal, Imam Ali, Tauqeer Hussain, Abid Usman, Shahid lqbal, Muhammad Younas, Malik Rohail, Shoeb Shaikh,Mussa Gondal, Hajji Solangi, Imran lqbal, Saleem Ahmad, Masood Hussain Shah, Saleem Ahmad, Muhammad Sajjad , Muhammad Ryaz , Ikram Chouhan , Aga Akhter , Rana shahryer Ncon, Mrs Khalid , Dr.Iyanat Hussain , Ghulam Moin , Muhammad Naeem, Tauqeer Hussain,Mazhar Hassan, Usman Ghani, Javed Hamid, Muhammad Tayyab, Tauqeer Hussain, Major Mohammad, Ather zaman, Jawed lqbal, Dr.Sher, Mrs Azra Tariq, Zahir Shah, Dr Sunil Prem,Ghulam Ali, Jameel Akhtar, Zahid Ahmed, Hamid ul Karim, Mobeen Malik, Furgan Ahmed, Sumera Anwar, Mr Kamran, Adnan Jalil, Riyaz Merchant, Mr Ali, Muhammad Hamza, Mazhar Ali, Muhammad Shakeel, Rana Adnan, Mrs Asif, Hammad Paracha,Tahir Zafar, Tauqeer Hussain, Fatima Sana, Rana shahryer Noon, Asad Ali, Muhammad Rashid, Mrs Mehnaz, Talat Anwar, Muhammad Hanif, Brigadier Pervez Bash, Amjad Rahim,Rashad Usama, Ali Athar, Hassan Gillani, Arsalan Subhani, Mrs Akram, Javed Akhtar, Khalik ur Rehman, Khan Salman, Mrs Azra Tariq, Ghulam Hussain C/O, Talat Anwar, Waqas Moosani, Sheikh Muhammad,Basit Khan,Umair Ahmed, Mohammad Umar, Zile Huma, Dr Bilal, M.Ali Hassan, Zeshan Babar, Anjum Anis Ansari, Sadaf Butt, Malik Shafiq, Zulfiqar Ali, Syed Shuja Ahmed, Muhammad Azam, Muhammad Hasaan, Muhamamd Ejaz, Awais Maqbool, Muhammad Shakir, Ishtiaq Yaseen, Tariq Misbah,Lawrence Sardar, Mr. Bashir, Mrs. Naseem Maniki, Mashan Amir Ali, Shahid Nazir, Sheik Mehmood, Amjad Ali Khan, Adnad Aslam, Dr Azeem, Mrs Usman, Muhammad Salman, Muhammad Younis, Misaar Hussain, Muhammad Farooq, Syed Farhan,Muhammad Hanif, Muhammad Arshad, Gohar Saleem, Mrs Zakir, Humaira Afroze, Muhammad Arif, Muhammad Jamil, Mrs Juhi Rizwan, Munir UI Haq, Muhammad Saleem, Fahad Taqi, Mrs Hussain, Hammad Sheikh, Mashan Amir Ali, Sheikh Amjad, Khalid Nasir, Yousef Zai,Zia Ur Rehman, Dr.Bilal khan, Ravi Dawani, Shafiq Masi, Dr. Farooq Fazlani, Shahid Nazir, Salman Fayaz, Amjad Rashed, Ali Asgher, Jawaid Ahmed, Abdul Salam, Waleed Jiano, Malik Muazim,Muhammad Munawv, Izaz Jafferi, Syed M Raza, Arif Jamil, lshrat Naveed, Dr. Nadeem, Mudassir Alam, Naeem Jillani, Mrs. Nighat Mubeen, Syed Faraz, Amir munir, Muhammad Ali Shur, Muzafar Ahmed, Waseem Ahmed, Shahbaz Sharif, Amir Abbas, Tahir Javed,Nayyar Butt, Muhammad Usman, Qaiser Farooq, Ahmed Khan, Anique Siddiqi, Mehmood Ahmed, Zahid Ali, Rustam Ali, Jahanzeb Mehmood, Haroon Iftikhar, Ali Raza, S M Almas Ali, Mr Irfan, Usman Shabbir, Sahir Mushtaq, Rana Tariq, Fawad Ahmed,Aslam All, Malik Arshad, Muhammad Nadeem, Mr Mansoor, Zahid Qamar, Javed Lodhi, Mehbook Sheikh, Tahir Javed, Mrs Shamshad, Muhammad Aslam, Shaukat All, Hassam Paracha, Tahir Javed, lkhlaq Ahmad, Shah Salman,Waseem Ahmed, Ali Waseem, Muhammad Abdul Ali, Mubasher Shaikh, Ahsan Jamal, Hussain Odhwani, lqbal Hussain, Shaheryar Ali, Ali Haider, Waseem Khan, lqbal Hussain, Mashan Amir Ali,Mrs.Azhar, Tahir Aman, Farzan Ahmed,Rao Rizwan Babar, Syed Rashid, Nusrat Hasan Soomro, Muhammad Hashim, Ghualm Hussain, Abdul Aziz, Muhammad Ehsan, Satish Kumar, Abdullah, lmran Memon, Haseen Shaikh, Parwez Ali,Abdul Salam Ghafoor, Dr Abdullah, Sada Hussain,Abdul Hafeez, Saleem A. Shaikh, Arif Yousuf, Prem Chand, Miss Shehzadi Baloc, Waqar Mukhtar, Mr. Moin, Muhammad Ibrahim, Mrs.awais, Khalid Hussain Abbas, Mr Romio, Tahir Hussain, M.Farooq Musani, Dewan Chauhan, Mis Aish, Abdul Salam Ghafoor,Ali Ashgar, Ali Khan, Sher Mohammad, Khurram Shahzad, Muhammad Arif, Miss Shehzadi Baloch,Miss Aashi Jahan, Maqsood Alam Shaike,Muhammad Saleem, Khurram Shahzad, Aijaz Hassan, Aslam Babu, Muhammad Ilyas Khan, Mansoor Ali,Miss Ayla, Naveed Sakrani, Khurram Shahzad, Maher Kamil, Dr Amjad Ali, Muhammad Habib, Muhammad Amjad, Zakir Hussain, Sarfaraz Ahmed, Sheikh Mudassir, Jameel Ahmed, Salman Khan, mran Javed, Jamal Qureshi,Farooq Sumar, Muhammad lqbal, Syed Azhar Hussain, Ahmed Hashim, Dr Mehreen Mujtaba, Asghar lqbal, Muhammad Arsalan, Muhammad Nauraiz, Aurangzeb Suleman, Abrar Hamdani, Moiz Hemani, Abid Ali, Muhammad Ishaq, Mr. Miran, Muhammad Saeed, Mr Mukhtar, Mr. Mubashir,Zahir Sheikh, Dr Shahid Pervez, Ali Shan, Haji Ramzan, Ali Shan, Dr Shahid Pervez, Raees Chandio, Fatima Sana, Mr. Miran, Nadeem Aziz, Dr Shahid Pervez.

 

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