Probe into accounts of Jamaat leaders, Amardesh editor
Wednesday, 14 April 2010
FE Report
The National Board of Revenue Tuesday directed all banks and non-banking financial institutions to furnish details of accounts of two Jamaat-e-Islami leaders and the editor of daily Amardesh, Mahmudur Rahman and his wife, bank sources said.
The Jamaat-e-Islami, Bangladesh central leaders are-Abdul Quader Mollah and Maulana Delwar Hossain Saydee. It has also ordered to search bank accounts of some leading businessmen, they added.
The Central Intelligence Cell (CIC) of the board has asked to freeze and search all bank accounts of Abdul Quader Mollah, assistant secretary general of Jamaat-e-Islami, Bangladesh.
It has asked all the scheduled banks and financial institutions to furnish the information in the next seven days.
The intelligence team has issued the order to detect any mismatch between his tax returns and actual wealth statements.
The intelligence team of NBR suspects tax evasion as it had found Mr Mollah's main source of income was linked to 'Baitul Mal,' the national treasury of the Kingdom of Saudi Arabia.
Earlier, the CIC had frozen bank accounts of Naya Diganta editor Mir Kashem Ali and his family members.
The CIC has asked the banks and financial institutions to provide details of their current accounts, joint accounts, wealth statements, fixed deposit terms, loan accounts, foreign accounts and credit card information.
According to the income tax ordinance, all scheduled banks and non-banking financial institutions are obliged to provide necessary account information to the NBR.
It sought bank transaction information of the last five years of the persons under section 113-F of the ordinance.
The revenue board can impose fine of Tk 25,000 at a time and Tk 500 each day under 124 (2), if any bank or institution fails to provide necessary information in time without any valid reason.
The National Board of Revenue Tuesday directed all banks and non-banking financial institutions to furnish details of accounts of two Jamaat-e-Islami leaders and the editor of daily Amardesh, Mahmudur Rahman and his wife, bank sources said.
The Jamaat-e-Islami, Bangladesh central leaders are-Abdul Quader Mollah and Maulana Delwar Hossain Saydee. It has also ordered to search bank accounts of some leading businessmen, they added.
The Central Intelligence Cell (CIC) of the board has asked to freeze and search all bank accounts of Abdul Quader Mollah, assistant secretary general of Jamaat-e-Islami, Bangladesh.
It has asked all the scheduled banks and financial institutions to furnish the information in the next seven days.
The intelligence team has issued the order to detect any mismatch between his tax returns and actual wealth statements.
The intelligence team of NBR suspects tax evasion as it had found Mr Mollah's main source of income was linked to 'Baitul Mal,' the national treasury of the Kingdom of Saudi Arabia.
Earlier, the CIC had frozen bank accounts of Naya Diganta editor Mir Kashem Ali and his family members.
The CIC has asked the banks and financial institutions to provide details of their current accounts, joint accounts, wealth statements, fixed deposit terms, loan accounts, foreign accounts and credit card information.
According to the income tax ordinance, all scheduled banks and non-banking financial institutions are obliged to provide necessary account information to the NBR.
It sought bank transaction information of the last five years of the persons under section 113-F of the ordinance.
The revenue board can impose fine of Tk 25,000 at a time and Tk 500 each day under 124 (2), if any bank or institution fails to provide necessary information in time without any valid reason.