Today two senior executives of a US based company Hewlett-Packard Co. (HP) have been arrested by FBR because of tax evasion. Hewlett-Packard Co. (HP) is a company which is popular for its huge range of electronic products, mostly laptops and printers etc.
According to the local English news paper , FBR has identified two executives , Shahid Ali Khan, Country Manager, Hewlett-Packard, and Saleem Raza Rajwani, Finance Director, HP.
These two executives were arrested today while through a joint operation conducted by Directorate of Intelligence and Investgation in of Inland Revenue at Islamabad and Karachi.
An International News Agency contacted HP spokesman , on the matter he said , “We have no comment at this time, other than to say that HP adheres to the highest ethical standards.”
Directorate of Intelligence IR had directed to HP to share there information about supplies of computers and other products made to Advance Systems Business Company. A tax evasion case has been reported against Advance Systems Business Company which led the investigators to arrest the HP officials.