Norwegian-Pakistani Couple Admits to Prison for Tax Evasion? – H&R Block”>Tax Evasion; 6.1 Million NOK Transferred Abroad
OSLO — In an Oslo District Court hearing, a Norwegian-Pakistani couple began their defense on Thursday, with repeated apologies echoing in the courtroom. Saleem Ahmad and his wife stand accused of transferring a combined 6.1 million NOK to Bank Al Habibi Limited in Pakistan.
Prior to this allegations, the couple had been issued tax demands totaling 6.2 million NOK. The couple’s total tax debt effectively became unrecoverable for Norwegian authorities after the transfers.
Gull Smuggling and Bankruptcy
The couple sold gold at a store named ‘Sheikh Enterprises’ in Oslo. However, a surprise tax inspection revealed significant sums had been concealed from taxation. Following the bankruptcy of the goldsmith shop, and the discovery of substantial irregularities, both parties were sentenced to seven months in prison.
The Tax Demands Came Due
Subsequently, the couple received significant tax demands. The couple maintains that they liquidated all their assets and sent the proceeds to Pakistan after receiving the tax bill.
Apologies and Confessions
Both defendants pleaded guilty on Thursday morning, expressing regret for their actions. They claimed they had sold all their properties and sent the money abroad "to secure their future."
Money Traced to Pakistani Property
The funds sent abroad, reportedly totaling 36 million NOK, seem to have been used for property investments in Pakistan, according to a VG investigation. However, Norwegian tax authorities have not received any information from Bank Habib Limited in Pakistan regarding the transferred funds.
Pending Sentence
The couple’s confessions and the lengthy duration of the case suggest a potential leniency in sentencing. A verdict has not yet been set.
