FIA receives list of 3,550 Pakistanis with Properties in Dubai
The Federal Investigation Agency (FIA) has confirmed that it has received a list of 3,550 Pakistanis.
These Pakistanis are having properties in Dubai from Emaar Propertie. It is a renowned construction company and land developer in the emirate.
The available details were issued recently. The company has issued list of 34,000 property owners with 3,550 among those who are of Pakistani nationality.
Many of those Pakistanis reside in Pakistan or Dubai currently, as disclosed by the addresses provided in the list.
FIA Director General Bashir Memon has stated that the list was lengthy. The agency had been working on it, he added.
However, there will be an investigation after which the agency will determine the action to be taken against the listed individuals.
What else is there in the list?
The said list contains nine columns mentioning details like names, addresses, contact information. It includes numbers and email addresses, nationality and project and property names.
The last column enlists property owners having a Pakistani passport. Property dealers told that the Dubai government did not issue this list as doing so will do more harm than good.
What could happen next?
If that happened to be the case, Pakistani property holders may end up liquidating their assets, withdrawing all investments.
The list shows the Dubai address of over 2,000 Pakistani owners. It is because they either bought the property after coming to Dubai or already reside in the Emirates.
There are 800 names with addresses in Pakistan. Punjab 300, Sindh 400, Islamabad 50 and the remaining from Khyber Pakhtunkhwa and Balochistan.
How did it start?
It is pertinent to mention here that only a few days ago, the Federal Board of Revenue (FBR) handed over the list . A list of 300 people having undeclared properties in Dubai to the FIA.
There could be a large number of people who might have bought these properties. In such circumstances, they would be under immense mental pressure.