Some politicians rolling in fabulous wealth
From the Newspaper | Kalbe Ali | 29/3/13
ISLAMABAD: Pakistan’s enterprising politicians have varied interests, not only at home but also across the globe.
According to the statements of assets and liabilities for 2011-2012 submitted to the Election Commission of Pakistan (ECP) by senators and members of the dissolved National Assembly, former interior minister Rehman Malik owns a house in London worth Rs339.75 million.
Senator Malik also has a BMW sports model car worth 27,000 pounds in the UK, shares worth $300,000 in a business and a business in his wife’s name.
He owns 40 kanals of agricultural land worth Rs10m at Daska, in Sialkot district, and a flat in Karachi’s Defence Society worth Rs1.05m. Apart from Rs825,839 in his bank account, he has gold valued at Rs2.75m.
Dr Abdul Hafeez Shaikh, a former finance minister, owns a house in Dubai worth 3.2m dirhams. He has remitted around Rs20m to the country and his other assets and cash are worth Rs45m.
Ishaq Dar, the Leader of Opposition in the Senate, has 15,779 dirhams in banks, owns a house worth Rs45m in Gulberg, Lahore, and six acres of land valued at Rs14.5m in Punjab. The value of both properties has remained the same for two years.
Mr Dar has remitted Rs58m, has Rs1.31m in shares and three vehicles worth Rs15.9m. His wife owns Rs1.5m gold and jewellery.
Gul Mohammad Lot, along with his wife, owns nine properties worth Rs659.15m in the UAE, Saudi Arabia and London. After deducting the value of two loans obtained by him in London, the net worth of his assets abroad comes to Rs364m. Mr Lot has also businesses and other assets worth Rs689m in Pakistan
Haji Saifullah Khan Bangash has assets, including land, commercial and residential properties and businesses worth Rs2.71 billion. This includes Rs1.88bn cash in bank accounts.
Senate Chairman Nayyar Hussain Bokhari and his family own a number of properties, mostly inherited, in and around
He has purchased two commercial plots in Islamabad, which are currently valued at Rs30m. He inherited 236 kanals of land worth Rs28.1m in Islamabad. His other properties, businesses and cash are worth around Rs19m.
Gulzar Ahmad Khan, father of Senator Waqar Ahmad Khan, the former minister for investment, is among the top indebted lawmakers. He has financial liabilities of Rs197m and only Rs1.35m cash in hand or banks, whereas the net worth of his declared assets in D.I. Khan is only Rs856,000. He owns furniture and articles, etc., worth Rs150,000, but no vehicle.
Shahi Syed owns a 1,000 sq yard house in Islamabad, a 1,000 sq yard house in Karachi, a 2,000 sq yard plot of land in Korangi, Karachi, a six-acre truck stand and 372 kanal inherited property in his native village in Mardan, all valued at Rs28.31m.
He has remitted Rs24.51m, owns three CNG stations and a trucking station valued at Rs20.65m.
Shahi Syed has Rs14.32m cash in hand, Rs1.75m in four banks, a vehicle valued at Rs1.68m, gold worth Rs460,000 and furniture worth Rs954,823.
MNAs: Noor Alam Khan, who has most of his properties in Peshawar, was the richest member of the National Assembly with Rs32bn in wealth and assets and Jamshaid Dasti the poorest with no assets or wealth.
Shahid Khaqan Abbasi, the owner of a private airline, has wealth amounting to Rs2.3bn.
Former prime minister Raja Pervez Ashraf owns assets worth Rs212.75m.
Former deputy prime minister Chaudhry Pervaiz Elahi has assets worth Rs202.684m, including Rs68.8m in cash and shares in businesses.
Leader of opposition in the dissolved National Assembly Chaudhry Nisar Ali Khan has 13 plots, one residence, one farm house, 682 kanals of agricultural land, one tractor, Rs9.5m in cash and two vehicles.
Asfandyar Wali Khan has assets valued at Rs11.54m in Pakistan and shares of 72,000 Dirham in the UAE.
Aftab Ahmed Khan Sherpao has assets worth Rs43m, Humayun Saifullah Khan Rs26.96m and Begum Zeb Humayun Saifullah Khan Rs131m, Amir Muqam Rs164m and Nazar Mohammad Gondal Rs177.6m
Khwaja Asif has more than $37,722 in banks in New York and 99,390 Dirham in the UAE. He has assets, including five vehicles valued at Rs10.4m, worth Rs139m in the country.
Hamza Shahbaz Sharif has assets worth Rs222.94m.
Syed Ali Musa Gilani has assets valued at Rs75.2m, Rs1.1m in UK banks and Rs2.7m in local banks, while his brother Syed Abdul Qadir Gilani has assets of more than Rs184.71m.
Awais Ahmed Leghari owns assets worth more than Rs136m.
Former foreign minister Hina Rabbani Khar has a wealth of Rs13.37m only.
Courtesy —– DAWN