NBR to probe bank transactions of 80 to detect any tax evasion

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The National Board of Revenue has finalised a list of about 80 individuals, including political leaders, businessmen and their relatives, reports on whose bank transactions will be sought soon to detect any tax evasion.
The list to be sent to banks within this week is likely to include some individuals who were on the second list of 50 corruption suspects published by the Anti-Corruption Commi-ssion, the sources concerned told New Age on Tuesday.
According to them, political leaders of Bangladesh Nationalist Party, Bangladesh Awami League and Jamaat-e-Islami, Bangladesh are on the list, whose bank transaction reports for about the last five years would be scrutinised and compared with their tax returns to detect any concealment of money deposited with banks.
Earlier on Sunday, the board sent another list of 71 individuals to the scheduled banks asking for their bank transaction information of July 2001 to March 2007.
The NBR in a letter on Sunday directed all commercial banks to furnish transaction information about the 71 individuals that also include some top government officials and their kin.
According to the directives, banks have to submit detailed information about transactions made through personal, joint, current, savings, foreign currency and credit accounts as well as credit cards of the persons concerned for the period of July 2001 to the date of last printout of the audit trail.
Sources said the revenue board would compare the tax returns against the transaction reports to learn their sources of income and see if they had been involved in any tax evasion or concealment in their tax returns.
Banks and non-banking financial institutions froze accounts of 53 individuals and their relatives in late February on instructions of the NBR.
Details about whose accounts have been sought by the NBR on Sunday include Awami League president Sheikh Hasina’s cousin and former lawmaker Sheikh Helal Uddin, his wife Rupa Chowdhury, son Sheikh Tonmoy and daughter Al Mona, BNP chairperson Khaleda Zia’s nephew Shahrin Islam Tuhin, his wife Aysha Islam and son Shahmin Yasir Islam, former Jamaat lawmaker Syed Abdullah Mohammad Taher, his wife Habiba Akhtar Chowdhury, daughter Tasfia Jahan and son Sayed Abdullah Mohammad Tasfir Hasan are also on the list.
The banks were also asked to provide transaction reports of former assistant private secretary to the AL president Rabiul Alam Mohammad Obaidul Muktadir Chowdhury, his wife Fahima Khatun and son Mahsina Farhad, Bangladesh Medical Association leader AZM Zahid Hossain, his wife Rifat Hossain, brothers Kawsar Jahan and Zakir Hossain, and daughters Tasmim Tamanna, Tahmin Nuzhat and Tanchzil Tania, former communications secretary Ismail Zabiullah, his wife Ayesha Siddique and son Ahmed Ishtiaq Zabiullah, former Public Service Commission member Prof Mahfuzur Rahman, his wife Firoza Begum and brother Mamunur Rashid, Awami Swechhashebak League president AFM Bahauddin Nasim, his wife Sultana S Hamima Chowdhury, brothers Jalaluddin Ahmed Yamin and Khalid Hossain Yaad, former chief engineer of Public Works Department AFM Manjurul Islam, his wife Akhtar Jahan, daughter Sabrina Manjur and son Tanvir Manjur, and former additional inspector general of police Md Shahidullah Khan, his sons Yamin Khan, Yasir Khan and Imran Yamin Khan.
Former chairman of Jatiya Party Anwar Hossain Manju, his wife Tasmima Hossain, daughters Sima Hossain, Tareen Hossain, Anushay Hossain and Maneeza Hossain are also included in the list.
The list of 71 also includes businessman Giridhari Lal Modi, his wife Koushalya Modi, son Dilip Modi and daughters Manju Khaitan and Anju Khaitan, former AL lawmaker Kamal Ahmed Majumder, his wife Shahida Kamal, and sons Ziauddin Ahmed Majumder and Shahed Ahmed Majumder, and DESA CBA leader Kazi Mosharraf Hossain, his wife Shahnaz Mosharraf, son Kazi Ferdous Hossain and daughters Kazi Rokshana Nasrin and Kazi Munmun Sharmin.
Also included in the list are Orion Group chairman Obaedul Karim, his wife Arjuda Karim, his son Salman Obaedul Karim and daughters Zerin Karim and Nudrat Karim, Partex Group chairman MA Hashem, his wife Sultana Hashem and his sons Aziz Al Kaisar Titu, Aziz Al Mahmud, Aziz Al Masud, Shawkat Aziz Russel and Ashfaq Aziz Rubel.

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