KARACHI: A case has been registered against former Federal Bureau of Revenue (FBR) chairman Shabbar Zaidi. The FIR was registered at the Federal Investigation Agency’s (FIA) Anti-Corruption Circle, Karachi.
Zaidi is accused of misusing his authority as FBR chairman. Unauthorised payments of Rs16 billion were made, according to the text of the FIR. The money was allegedly transferred to Zaidi’s clients as refund.
The funds were transferred to Habib Bank, Engro and DG Khan Cement among other companies, according to the FIR, which states that the FBR and bank officials misused their authority.