Gov’t denies reports suggesting bank accounts of tax cheats would be frozen

Gov’t says it has no plans to freeze the bank accounts of tax evaders: Cabinet  said in a statement that it is not mulling a move that would grant the Finance Ministry power to freeze the bank accounts of suspected tax evaders. After having reached out to the Finance Ministry, the cabinet said no such instructions were given either in cooperation with the central bank or any other entity. We had picked up a report by Al Mal earlier this week claiming that the Finance Ministry was looking to discuss with the central bank legislation that would allow it to freeze funds in the accounts of alleged cheats.