Shabbar Zaidi Finally Reveals Why He Left FBR

[Baghial]

Shabbar Zaidi Finally Reveals Why He Left FBR

Posted 2 seconds ago by Raza Rizvi

Former chairman of the Federal Board of Revenue (FBR), Shabbar Zaidi, has finally spoken up about his unexpected resignation from the post. Six months after stepping down, Shabbar has revealed that ‘pressures from disguised mafias,’ among other reasons, led him to this decision.

Taking to Twitter, the former FBR chairman shed light on his appearance in a TV show the other night where he spoke about his tenure as FBR’s chairman.

He wrote:

Zaidi commented that Prime Minister Imran Khan is on the right path and that he will continue to support his cause.
In another tweet, he urged Prime Minister Imran Khan to revisit his decision to shift the PIA headquarters from Karachi to Islamabad.


After a long, mysterious silence since quitting FBR, Shabbar made headlines on Tuesday by revealing that Pakistanis have stashed $150 billion in overseas bank accounts and earn peanuts in terms of lower interest rates.
He appealed to businessmen with foreign bank accounts to move their money to Pakistan.

Zaidi reflected on his meeting with renowned Pakistani business tycoons who had billions of dollars in n countries like Malta.

Shabbar Zaidi Finally Reveals Why He Left FBR

Former chairman of the Federal Board of Revenue (FBR), Shabbar Zaidi, has finally spoken up about his unexpected resignation from

propakistani.pk

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people just forgot



Murad Saeed

@MuradSaeedPTI
·
Aug 18, 2017

200 Billion dollars of Pakistani tax payers money stashed in Swiss banks as per Fin minister written reply in parliament #BringBackOurMoney

 

[Norwegian]

people just forgot


Murad Saeed
@MuradSaeedPTI
·
Aug 18, 2017

200 Billion dollars of Pakistani tax payers money stashed in Swiss banks as per Fin minister written reply in parliament #BringBackOurMoney

It was your favorite absconder Ishaq Dollar that started it.

$200bn of Pakistan in Swiss banks: Dar

Meeting with Swiss authorities likely in August

www.dawn.com

 

[Baghial]

It was your favorite absconder Ishaq Dollar that started it.

$200bn of Pakistan in Swiss banks: Dar

Meeting with Swiss authorities likely in August

www.dawn.com

, i admire ur love of papa john,s pizza,s

 

[blueazure]

I know you may be a closet or open , whatever may be, PMLNer , but come on.
Stashing billions away without declaring them as income and paying tax on them is a crime every where in the world.
unless you live on some other planet, which might the look of it may be true.

please show me a legal stipulation that says that .

Whereas tax payers and bank depositors should be treated with respect... it's not granted if some one was born in Pakistan, that he must choose Imran Khan to safe keep his billions.
If Imran Khan wish to have billions of over seas Pakistanis in his pocket, he shall make request not threats.

+1 sir

perfectly legal to keep "your" wealth wherever you please .

be it an offshore account or your closet .


the PTI communists on this board have yet to show me a single legal clause that says other wise ,,

 

[Enigma SIG]

perfectly legal to keep "your" wealth wherever you please .

be it an offshore account or your closet .

Point being "your wealth". Isn't much so when you've been leeching public funds through various corruption and money laundering schemes and channeling them to your offshore accounts for the better part of the last 3 decades. Please show us how they "earned" that money. Sorry, Qatari gifts don't count.

 

[AZ1]

the PTI communists on this board have yet to show me a single legal clause that says other wise ,,

And who are you? Person who himself dont pay income tax lol.

 

[Mentee]

First we need to know, why he was hired on the first placed? Where's record of competitive job applications and fair job interviews.

I believe His expertise are still far better than a federal secretary who happened to have passed a basic arts graduate level exam and then went on to dictate a team of phd economists ------- batman, even the class of men whom you consider above average has failed to diagnose and fix her majesty,s leftover ------- stink and rot overtakes when " jis ka kam us ko saajhay" is shown the door .

 

[H!TchHiker]

Reference to the OP he's talking about Pakistanis with foreign accounts and than he singled out Nawaz Sharif for keeping money abroad, without giving any back account details.
I think ruling clergy is trying to deflect attention from oil smuggling worth billions of $ from Iran

All this chooran of overseas wealth is just over hyped ....if any body is serious I heard panama have more then 100 Pakistani accounts ...no more investigation is done after the subject is closed ....this cycle of corruption and political gimmicks are obvious now...if not corruption some other allegation will be used like traitor or something else ..

 

[blueazure]

Point being "your wealth". Isn't much so when you've been leeching public funds through various corruption and money laundering schemes and channeling them to your offshore accounts for the better part of the last 3 decades. Please show us how they "earned" that money. Sorry, Qatari gifts don't count.

You answered the question yourself sir ,

the issue is not having offshore accounts or properties, its how money is 'stolen' in pakistan and then sent abroad .


stealing money in pakistan = illegal

having offshore accounts = perfectly legit


ofc, once you steal money in pakistan and then send it abroad ,its out of jurisdiction of the pakistani state.

And who are you? Person who himself dont pay income tax lol.

and who are you, a communist pti troll ,

LOL..

pl ask the tax evaders sitting with your divine leader how much tax they paid !!

 

[blueazure]

I believe His expertise are still far better than a federal secretary who happened to have passed a basic arts graduate level exam and then went on to dictate a team of phd economists ------- batman, even the class of men whom you consider above average has failed to diagnose and fix her majesty,s leftover ------- stink and rot overtakes when " jis ka kam us ko saajhay" is shown the door .

shabbar zaidi ran a financial accounting /firm ( ferguson ) and his expertise was to guide companies how to 'legally ' evade taxes and use offshore paper companies,

his company , ferguson, was the tax advisor of our company , DESCON ( owned by razzak dawood)

ferguson taught us how to legally evade taxes by using dubai and manama FZEs . i cant speak for other clients of ferguson, but i can claim with certainty that descon evaded billions in taxes using this method

shabbar zaidi's problem was not 'ghosts' or 'mafias' , it was his NDAs and past baggage which was about to be opened


all in all, a bad choice and mistake of PMIK ( along with usman buzdar and others )