ECP releases Parliamentarians' list of assets
Prime Minister Nawaz Sharif’s total assets amount to Rs1.75 billion.
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By Ali Akbar
ISLAMABAD: The Election Commission of Pakistan (ECP) on Thursday released details of Parliamentarians’ assets and liabilities for the financial year 2014.
According to documents uploaded to the ECP website, Prime Minister Nawaz Sharif’s total assets amount to Rs1.75 billion, whereas Imran Khan’s amount to Rs33.3 million. In the previous year, there had been an increase of Rs3 million in Khan’s assets.
Nawaz Sharif owns property worth 25 crore in Lahore and investments worth 12 crore. The premier owns cars worth 16 crore along with property in Lahore worth 25 crore. There is also a bungalow worth 10 crore under his wife's name in Murree. Also, the land he received through inheritance amounts to more than a billion rupees.
Imran Khan's assets show his 300 canal Bani Gala house as well as a 7 canal house in Zaman Park. Khan also showed 2 cows in his assets.
Opposition Leader Khursheed Shah's total assets are worth more than 2 crore, Whereas Chief Minister Sindh Qaim Ali Shah's assets amount to more than 1 crore rupees.
Pakistan Tehreek-i-Insaf's (PTI) vice president Shah Mehmood Qureshi's total assets are more than 13 crore and Finance Minister Ishaq Dar's total assets amount to more than 70 crore.
The full list of assets and liabilities can be found on the ECP website.
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PTI leader Asad Omar has assets worth more than 68 crore, whereas MNA Jamshed Dasti has not shown any assets.
Law Minister Pervaiz Rashid has assets worth 2 lakh rupees and PML-Q chief Chaudhary Shujaat's assets amount to 10 crore.
Pervez Khattak has more than 27 crore in assets, and Fazlur Rehman has assets worth 67 lakh rupees. Shiekh Rasheed has assets more than 3 crore along with a gun and pistol worth 6 lakh rupees.
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Comments (50) Closed
Jan 08, 2015 04:37pm
All this information is useless. What we really need to know, is sources of income, and if tax was paid on that income. Historically, regarding immovable assets, we need to know how those assets were purchased and sources of those funds.
ECP just publishing figures like these tells us nothing.
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Jan 08, 2015 04:38pm
So called Representatives of poor people of Pakistan....
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Jan 08, 2015 04:49pm
Hahaha Pervaiz Rashid has assets of 2 lakh rupees only, what a joke!!
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Jan 08, 2015 04:52pm
Was their requirement to show assets in atleast one bank account and atleast one land?
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Jan 08, 2015 04:55pm
Perhaps the ECP missed a couple of 000's when presenting these numbers..."genuine mistake" :D
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Jan 08, 2015 04:57pm
Asad Omer 68 crore really??
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Jan 08, 2015 05:03pm
Nawaz Sharif has no assets outside of the country, really. Who do they think they are trying to fool here.
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Jan 08, 2015 05:09pm
How many are lying? Mullah Fazalur Rehman is certainly lying.
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Jan 08, 2015 05:09pm
Sorry but we should speak the truth. ..Some of these figures are even smaller than common people's ownerships
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Jan 08, 2015 05:19pm
These are their declared assets or their monthly expense bills? or might be their commission what they received ONLY on their last deal.
Strange leaders for strange people of strange country. RIP Pakistan!
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Jan 08, 2015 05:22pm
Even normal people have assets on they wife and children(s). ECP should releases they family assets too...
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Jan 08, 2015 05:43pm
Imran khans bank account after marriage -33000000.
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Jan 08, 2015 05:47pm
No way to verify or check. The Income tax return, taxes paid along with wealth and reconciliation statement should also be filed. It would have been interesting what would have been the declarations if wealth tax was still levied in Pakistan; would the declarations been filed? Till 2001 when Wealth Tax was levied the compliance was hardly there and hardly any action was taken for non compliance
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Jan 08, 2015 05:59pm
The numbers above show that all our politicians have miserably failed in earning and savings.
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Jan 08, 2015 06:05pm
Molana's assets ?
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Jan 08, 2015 06:10pm
@salman
There will be poor and there will be rich people and that is the reality just like there will be physically strong and there will be physically weak.
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Jan 08, 2015 06:11pm
Maulana is fond of jewelry?
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Jan 08, 2015 06:15pm
Little correction. The amount is in millions so please add few zero when reading this amount.
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Jan 08, 2015 06:18pm
Completion of a formality. Who, how to check and verify? Why not NTNs, copy of income tax returns, taxes paid, wealth and reconciliation statements. Would have been interesting to see what would have been the declarations if wealth tax was still leviable? Prior to 2001 and repeal of Wealth Tax there was hardly compliance and follow up by CEC
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Jan 08, 2015 06:20pm
@Talha
Was just about to say that. Lol.
A typo may be.
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Jan 08, 2015 06:24pm
These numbers are local ONLY.
Did any one mention out side property's ? Like in England , Dubai.
What about ex PM. PPP leaders ?
What about property in sons/ daughters name???
And finally ---- the source ?
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Jan 08, 2015 06:36pm
Is Imran Khan Bani Gala 300 kanal house and Lahore 7 kanal house only 3 crore ?
I didn't know the property in Islamabad and Lahore is so cheap.
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Jan 08, 2015 06:50pm
@Talha Well said. Big joke that Pervaiz Rashid has assets of only 2 lakh rupees. Real poor fellow!
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Jan 08, 2015 06:50pm
What about shares and interests in companies
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Jan 08, 2015 06:50pm
@Abaid you can expect that from a guy who used to earn 6 million rupees per month from Engro foods. Actually, Engro foods is the brainchild of ingenious Asad Omar before he quit to join PTI. :)
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Jan 08, 2015 07:48pm
i think they just showed 10 per cent of their assets??????????????
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Jan 08, 2015 08:03pm
This information provides a glimpse of the whole picture - Assets of the whole family including spouse, children, siblings etc. should be declared to give a clear picture
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Jan 08, 2015 08:06pm
This info is partial and misleading. Source of income, assets held in the name of family members and income tax paid should also be given.
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Jan 08, 2015 08:06pm
ECP must release the main paper about Election 2013, the forms No 13, 14 and 15 for public information,
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Jan 08, 2015 08:10pm
It is illegal to hold assets outside the country by a resident Pakistani. Tell the nation how overseas assets were acquired and State Bank's approval in this regard.
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Jan 08, 2015 08:10pm
There should be an independent audit of the assets declared by politicians. The scope of audit should be followings:
a) Verify the authenticity of the figures
b) Assets held in the name of immediate family members.
c) Source of income
Any renowned audit firm among 4Big can be chosen for this task.
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Jan 08, 2015 10:10pm
PLEASE disband ECP. They are waste of public money.
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Jan 08, 2015 11:49pm
@salman I absolutely agree.
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Jan 09, 2015 01:14am
check out zardari's income where it lies?
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Jan 09, 2015 02:36am
They are all lying through there teeth, ECP are just gullible.
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Jan 09, 2015 02:50am
Official certified white lie
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Jan 09, 2015 03:00am
@Lucky Star THAT in itself is fine; BUT the question is SOURCE OF THE WEALTH!
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Jan 09, 2015 03:47am
Rich countries have middle class leaders. Poor countries have billionaire leaders. At least we know why poor countries remain poor.
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Jan 09, 2015 03:48am
To get the real figure,please MULTIPLY by 100 ...Thanks
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Jan 09, 2015 04:11am
Are these absolutely real, total and all the hidden and transparent assetts?
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Jan 09, 2015 04:59am
I don't quite believe these asset disclosures are accurate. I think these politicians possess much more.
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Jan 09, 2015 05:12am
How can one trust on the figures provided by the politicians especially when their authenticity and outrightness have many question marks.ECP is only fulfilling formality,whereas it should scrutinize the overall assets of these politicians.
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Jan 09, 2015 05:19am
How about a complete and thorough investigation before releasing such information ECP. I don't buy this report even 1% and refuse to believe that our representatives only have the above declared assets/cash.
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Jan 09, 2015 05:47am
Pervez khattak have that much. Wow
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Jan 09, 2015 05:58am
should be audited by big 4 auditing companies. the source is not reliable.
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Jan 09, 2015 06:22am
This is the tip of the iceberg. These figures cannot possibly be right.
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Jan 09, 2015 07:12am
Hahaha what a joke
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Jan 09, 2015 08:17am
I was frantically trying to find out the name of our ex-President's assets but EC does not have any super calculator to calculate the numbers.
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Jan 09, 2015 12:43pm
The value of properties declared by all above mentioned politicians is much low than actual market price. For Example. All are liar.
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Jan 09, 2015 01:11pm
Ah.. My heart is crying for my poor leader Imran Khan.
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