• Thursday, October 19, 2017

Nawaz richest lawmaker, Imran second

Discussion in 'Pakistani Siasat' started by Kabira, Jun 16, 2017.

  1. Kabira

    Kabira ELITE MEMBER

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    ISLAMABAD - The Election Commission of Pakistan (ECP) on Thursday released details of the parliamentarians’ assets and liabilities with Prime Minister Nawaz Sharif on top of the list of the wealthiest parliamentarians of the year.

    Prime Minister Nawaz has declared more than Rs1.62 billion as his assets and liabilities for financial year 2016.

    Sources in the ECP said that Prime Minister Nawaz Sharif declared the value of Jati Umra Raiwind property at Rs4 million and the property on Upper Mall Lahore at Rs250 million.

    In addition, the prime minister owned Rs7 million while the value of birds and pet animals owned by him was Rs5 million.

    The value of the jewellery owned by prime minister’s wife Kulsoom Nawaz was declared at Rs1.5 million. While his son Hussain Nawaz remitted more than Rs234.5 million to the prime minister from outside the country.

    According to the financial statements compiled by the ECP, PTI Chairman Imran Khan owns assets in excess of Rs1.4 billion. He did not declare any assets overseas and declared the current value of his Bani Gala property, which he mentioned as gift, at Rs750 million.

    Imran declared the value of office in Khan House at Rs5.9 million and that of the boundary around his Bani Gala residence as Rs6.9 million. He declared the value of Zaman Park house that he inherited at Rs296 million.

    Imran declared making an investment of over Rs48.7 million, owning Rs600,000 worth of furniture and four goats worth Rs200,000, and having no personal car in his use. He had a car which he sold in 2016.

    Hamza Shahbaz declared owning assets worth over Rs350 million, while Sheikh Rasheed owns assets in excess of Rs47.5 million. Interior Minister Chaudhry Nisar did not declare the value of inherited property while Maulana Fazlur Rahman owns over Rs6.4 million worth of assets.

    Prime minister’s son-in-law Capt (Retd) Safdar owned more than 14.2 million worth of assets in 2016. He also declared the car worth Rs6 million which his wife Maryam Nawaz received from the UAE as part of his assets. Capt (Retd) Safdar, however, did not mention any further details of Maryam Nawaz. The value of the car he sold in Saudi Arabia was declared at Rs2 million.

    According to the financial details of the parliamentarians that Election Commission released, Speaker National Assembly Ayaz Sadiq declared over Rs190 million worth of assets.

    Shah Mahmood Qureshi owns over Rs500 million worth of assets while another leader of PTI Jehangir Tarin declared owing more than Rs780 million of assets in 2016. Tarin did not mention helicopter and aircraft among his list of assets but he declared having five cars in his use.

    Leader of the Opposition in the National Assembly Khursheed Shah turned out to own over Rs30 million of assets in 2016. Federal Finance Minister Ishaq Dar owns assets worth of Rs580 million assets. He declared that he did not own any property outside the country while Senator Aitzaz Ahsan declared his assets worth more than Rs100 million.
    http://nation.com.pk/national/16-Jun-2017/nawaz-richest-lawmaker-imran-second
     
  2. Imad.Khan

    Imad.Khan SENIOR MEMBER

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    Such a blantant liar, what about all the properties in Dubai, check out his son

    [​IMG]

    Check out the list of his properties in Dubai
    http://www.alrasub.com/the-untold-wealth-of-ishaq-dar/
     
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  3. Zarvan

    Zarvan ELITE MEMBER

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    If Imran is on 2nd than most of the guys in NA are lying. Imran is richer than most others is big fat joke
     
    Last edited: Jun 16, 2017
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  4. WebMaster

    WebMaster ADMINISTRATOR

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    Everyone knows about the above reality but nothing is being done. If the lawmakers will not give tax, forget about the people.
     
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  5. Zarvan

    Zarvan ELITE MEMBER

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    Can't agree more
     
  6. Realistic Change

    Realistic Change FULL MEMBER

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    Lawmakers and specially those sitting on treasury benches in Pakistan believe and in reality are above the law.

    Laws are made and implemented on common man - and tax is deducted at source from salaried class while they along with other common populace pay indirect taxes on everything they purchase.

    While law makers have fun with tax payers money; be it Jahez Fund, Baitul Maal, or Karz Utaro Mulk Sanwaro - where it gets spent; for example...just refer the above post # 2 where son of uber corrupt Dar is flashing his Lamborghini bought from tax payers money in Pakistan who doesn't have even access to clean water and getting exposed to contaminated water causing hepatitis....e.g., in Faisalabad.
     
  7. litman

    litman FULL MEMBER

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    law makers or law breakers?
     
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  8. Imran Khan

    Imran Khan PDF VETERAN

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    all of them are power hungry money hungry or protocol hungry . none of them is saint
     
  9. Arsalan

    Arsalan PDF THINK TANK: CONSULTANT

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    :rofl:
    Imran is the second richest?
    :omghaha:

    For God's Sake!!

    I can name over two dozen filthy rich parliamentarians, including some from PTI itself. So stating that Imran is the second richest after Nawaz is hilarious. However, how true this hole article is can be accessed with this single line:

    This surely is a typing error or a blatant lie as the article goes on to state that the value of pets owned by Nawaz Sharif is 7 millions, that is, more than that HUGE palace in Jati Umrah. That property is more like 400 millions easy. Must be much more than that.
     
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  10. haviZsultan

    haviZsultan PDF THINK TANK: ANALYST

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    Of course. With assets of only Rupees 1.62 billion how could he be on the list of richest people in Pakistan and 5th on the list with his net worth rising year after year since being in office?:

    5. Nawaz Sharif

    [​IMG]

    Net Worth: $1.4 Billion

    Sources: Iteffaq Group and Sharif Group

    He is currently the Prime Minister of Pakistan and the leader of country’s largest political party Pakistan Muslim League (N). He is just not a successful politician, but also a successful industrialist. He is the owner of Unit Group, Sharif Group and Itefaq Group which is known as the most leading business steel goods. He is the 2nd most successful politician of Pakistan and 5th richest person of Pakistan with $1.4 Billion worth.

    http://historypak.com/10-richest-people-pakistan/

    I don't know what criteria ECP has decided to use here and somehow Imran Khan has become the second richest politician in the country.

    @Tesky I have never seen a bigger piece of propaganda. Either someone in the ECP is directly hiding Sharif's assets (or Sharif is a master at it or both), Sharif bribed the commission,

    For those who do not know the difference between net worth and assets:

    By definition, your net worth is the value of your personal assets, (cash and personal possessions) minus all liabilities or debt. Therefore the amount by which your assets exceed your liabilities is considered your net worth.

    https://blog.standardbank.com/blog/2013/08/net-worth-versus-net-income

    Now this is a sample balance sheet:

    [​IMG]

    Notice the assets are usually greater than net worth accounting for liabilities unless the individual is making loss. Second this is proven to be a lie because Sharif's net worth is known to be $4 billion and there are indications it has risen. Another thing. For Imran Khan it says:

    "He did not declare any assets overseas"

    Did Nawaz? We know he owns property in London and Saudi including hotels and mansions there. In fact none of those mentioned in the report have mentioned assets outside the country. The ECP's corruption or incompetence or both is shown visibly here, telling us how Nawaz Sharif and Zardari win the election each time. It might be that foreign assets are not counted (they should be btw) but nowhere is that explained.

    Now can any PMLN thug explain to me how in hell's name can the PM have net worth of $4 billion and assets and liabilities of only Rs1.62 billion in total. Also noting that each $ equals 108 rupees we know that this accounts for only 15.5 million dollars. Not even some of the richest businessmen can turn $15.5 million of assets into $4 billion of net worth.

    The article has several inconsistencies pointed out above. Sharif's assets cannot only be 1.62 billion. The way I see it a great deal of the politicians are hiding their assets possibly with ECP connivance. Of course Imran Khan is not the second richest lawmaker. He might be the only one though to reveal his proper assets, at least in Pakistan.
     
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  11. Tom M

    Tom M FULL MEMBER

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    Dude, it's in terms of accounted money and most of Imran's money are hard earned during his playing years. If it was a study about the total money then I think Imran won't even make it into the list I guess. :P
     
  12. Hamzay

    Hamzay FULL MEMBER

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    These are the filthy fat liars that you call your leaders; these arrogant money makers and power hungry freaks can't be patriotic and can't feel the pain the poor masses are suffering from.

    Democracy is a curse that these devils use to hijack Pakistan and sell our national pride.
     
  13. Azeem_Ahmed

    Azeem_Ahmed FULL MEMBER

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    all law makers are surely billionaires... the Pakistan's entire money has been looted by them... so strict rule under the Pakistan army to be introduced in the country to clean from such garbage parliamentarians....

    i dont think imran is the billionaires as his name is taken by mistakenly... further Allah knows better....
     
  14. Zarvan

    Zarvan ELITE MEMBER

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    Imran Khan is a rich guy mainly due the houses he earn. The zaman park house which he got form his father and also other properties are worth close to billion. Issue is not being rich issue is How you earned it.
     
  15. Verve

    Verve SENIOR MEMBER

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    IK's wealth is due to appreciation of land (of his father and what he bought) over the many decades.

    Nawaz wealth is the loot of the public moneys. And this man is billionaire in USD, not just PKR that's been submitted to ECP.