What's new

Imran sold three gifted watches to local dealer

FOOLS_NIGHTMARE said:

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million​

View attachment 857876
Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.

Details of an official inquiry shared with this correspondent reflect Imran Khan earned millions of rupees from these jewel-class watches gifted to him by foreign dignitaries. These watches are in addition to the ones reported earlier in the media.

The most expensive watch — more than Rs101 million value — was retained by the-then prime minister at 20 percent of its value after his government amended the Toshakhana rules and settled the gift retention price at 50 percent of its original value.

Instead of buying those gifted jewel watches from Toshakhana from his own pocket, the ex-prime minister first sold the watches and then deposited 20 percent of each in the government treasury, reveals documents and sale receipts available with this scribe.

Related Stories​


Apparently, these gifts were never deposited in Toshakhana. The gift received by any government official is to be reported immediately, so its value is assessed. And after that the recipient deposits specific amount if he wants to keep it.

Toshakhana documents reveal the former prime minister earned Rs36 million from the sale of these three expensive watches gifted by visiting dignitaries from friendly Gulf countries. A real windfall profit was earned through sale of a watch gifted to him by a high dignitary from Middle East. This watch was officially assessed at Rs101 million. Former prime minister had declared he sold it for Rs51 million and deposited Rs20 million in the government treasury, thus earning a whopping Rs31 million. This reflects the watch was sold at half the price of its actual worth.

It is pertinent to mention here that this watch was sold on January 22, 2019 after the-then PTI government amended the Toshakhana rules and made retaining price of any gift at 50 percent from 20 percent of its assessed value.

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million. This expensive gift, as per the Toshakhana rules, was assessed by official evaluators for Rs3.8 million. He deposited in the government treasury 20pc of the value amounting to Rs0.75 million, earning almost Rs4.5 million profit by selling this watch. This watch was sold in November 2018, two months after it was gifted to him.

Another Rolex watch gifted by a dignitary from the same Gulf island was sold by the former prime minister for Rs1.8 million. The official value assessed for this watch was Rs1.5 million. The former PM paid Rs0.29 million, earning another profit of Rs1.5 million from this deal.

All these gifts were sold to a local watch dealer. The record has the sale receipts along with pictures of these luxury watches. This scribe contacted PTI leaders Fawad Chaudhry and Shahbaz Gill through calls and messages to take their view regarding the matter, but none of them responded. The question which The News asked from Fawad Chaudhry and Shahbaz Gill was, "Dear sir, it has been learned that being PM Imran Khan sold three additional luxury watches to a watch dealer in F-7, Islamabad. I have a few queries regarding the matter. If you please spare some time and answer them.

1) Imran Khan retained one watch at 20 percent of its assessed value when his government had amended the retaining price at 50 percent of the original value of the gift. This watch was retained on January 2019 after your government amended the Toshakhana rules in December 2018. Please comment and explain why rules were not followed?

2) Imran Khan did not deposit these three watches in Toshakhana and deposited money on the day he sold them. Why he kept the gifts to himself? Please comment. Your immediate response will be highly appreciated and regarded.

Responding to the Toshakana controversy, former prime minister Imran Khan had said they were his gifts, so it was his choice whether to keep them or not. "Mera tohfa, meri marzi (my gift, my choice)," the PTI chairman told reporters during an informal conversation.

The issue came to light when Prime Minister Shehbaz Sharif said Imran Khan, during his tenure, sold the Toshakhana gifts in Dubai worth Rs140 million. According to reports, the former premier received 58 gifts worth more than Rs140 million from the world leaders during his three-and-a-half-year stint and retained all of them either by paying a negligible amount or even without any payment.

Former information minister Fawad Chaudhry had also stated that “selling one’s own assets (after purchasing them from Toshakhana) is not a crime”. “These gifts were purchased by Imran Khan and (after he became their owner) he can sell his assets. So there is nothing wrong with it,” he had claimed.
www.thenews.com.pk

Imran sold three gifted watches to local dealer

ISLAMABAD: Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.Details of an official inquiry...
www.thenews.com.pk www.thenews.com.pk

IK should come out and give an explanation for this news, and if the story is false should take this journalist and his media house to court.
Click to expand...
The News International doing their thing. Alfred Friendly ka mufta halal b to karna hota he.

As for Khan, did he obtain the watches illegally? If not then he is free to sell them as he bought them through legal procedure.

As per this report Khan didn't report it to Toshakhana which is a violation. But if he didn't report how did he pay the prices in Toshakhana?

As for the prices did he booked the watch before Dec 2018 and paid in Jan 2019 ? And got the watch ?


And it was Imran Khan who increased the prices paid by govt officials to obtain stuff from Toshakhana. From 20% to 50%.
 
Last edited:
. .
Shows patwari mindset. Literally can’t come up with ANYTHING so legally sold gifts all documented is a problem. Please be consistent. How does this compare to Gilani stealing necklace for flood victims? What about Nawaz giving press conference outside Avenfield flats which he said he never owned. To be clear IK didn’t steal anything but documented exactly what he got after selling his gifts as per the current rules as opposed to hiding anything.
 
. .
FOOLS_NIGHTMARE said:

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million​

View attachment 857876
Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.

Details of an official inquiry shared with this correspondent reflect Imran Khan earned millions of rupees from these jewel-class watches gifted to him by foreign dignitaries. These watches are in addition to the ones reported earlier in the media.

The most expensive watch — more than Rs101 million value — was retained by the-then prime minister at 20 percent of its value after his government amended the Toshakhana rules and settled the gift retention price at 50 percent of its original value.

Instead of buying those gifted jewel watches from Toshakhana from his own pocket, the ex-prime minister first sold the watches and then deposited 20 percent of each in the government treasury, reveals documents and sale receipts available with this scribe.

Related Stories​


Apparently, these gifts were never deposited in Toshakhana. The gift received by any government official is to be reported immediately, so its value is assessed. And after that the recipient deposits specific amount if he wants to keep it.

Toshakhana documents reveal the former prime minister earned Rs36 million from the sale of these three expensive watches gifted by visiting dignitaries from friendly Gulf countries. A real windfall profit was earned through sale of a watch gifted to him by a high dignitary from Middle East. This watch was officially assessed at Rs101 million. Former prime minister had declared he sold it for Rs51 million and deposited Rs20 million in the government treasury, thus earning a whopping Rs31 million. This reflects the watch was sold at half the price of its actual worth.

It is pertinent to mention here that this watch was sold on January 22, 2019 after the-then PTI government amended the Toshakhana rules and made retaining price of any gift at 50 percent from 20 percent of its assessed value.

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million. This expensive gift, as per the Toshakhana rules, was assessed by official evaluators for Rs3.8 million. He deposited in the government treasury 20pc of the value amounting to Rs0.75 million, earning almost Rs4.5 million profit by selling this watch. This watch was sold in November 2018, two months after it was gifted to him.

Another Rolex watch gifted by a dignitary from the same Gulf island was sold by the former prime minister for Rs1.8 million. The official value assessed for this watch was Rs1.5 million. The former PM paid Rs0.29 million, earning another profit of Rs1.5 million from this deal.

All these gifts were sold to a local watch dealer. The record has the sale receipts along with pictures of these luxury watches. This scribe contacted PTI leaders Fawad Chaudhry and Shahbaz Gill through calls and messages to take their view regarding the matter, but none of them responded. The question which The News asked from Fawad Chaudhry and Shahbaz Gill was, "Dear sir, it has been learned that being PM Imran Khan sold three additional luxury watches to a watch dealer in F-7, Islamabad. I have a few queries regarding the matter. If you please spare some time and answer them.

1) Imran Khan retained one watch at 20 percent of its assessed value when his government had amended the retaining price at 50 percent of the original value of the gift. This watch was retained on January 2019 after your government amended the Toshakhana rules in December 2018. Please comment and explain why rules were not followed?

2) Imran Khan did not deposit these three watches in Toshakhana and deposited money on the day he sold them. Why he kept the gifts to himself? Please comment. Your immediate response will be highly appreciated and regarded.

Responding to the Toshakana controversy, former prime minister Imran Khan had said they were his gifts, so it was his choice whether to keep them or not. "Mera tohfa, meri marzi (my gift, my choice)," the PTI chairman told reporters during an informal conversation.

The issue came to light when Prime Minister Shehbaz Sharif said Imran Khan, during his tenure, sold the Toshakhana gifts in Dubai worth Rs140 million. According to reports, the former premier received 58 gifts worth more than Rs140 million from the world leaders during his three-and-a-half-year stint and retained all of them either by paying a negligible amount or even without any payment.

Former information minister Fawad Chaudhry had also stated that “selling one’s own assets (after purchasing them from Toshakhana) is not a crime”. “These gifts were purchased by Imran Khan and (after he became their owner) he can sell his assets. So there is nothing wrong with it,” he had claimed.
www.thenews.com.pk

Imran sold three gifted watches to local dealer

ISLAMABAD: Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.Details of an official inquiry...
www.thenews.com.pk www.thenews.com.pk

IK should come out and give an explanation for this news, and if the story is false should take this journalist and his media house to court.
Click to expand...
What's more funny is current govt denied a request for all previous Toshakhana data (their data as well) saying it was classified. 😂


But they had no problem handing Khans data to likes of Noorani. 😄 Why trying so hard to hide their own stuff ?
 
Last edited:
.
Jango said:
Let's say the story isn't false, then what?

Was a crime committed?

Idhr 16 billion kay documentary proof wala PM betha hai, aur idhr yeh log IK say 'moral case' par jawab mang rahay hain.

Anyways, good...pakro IK ko, dalo jail main agr kuch ghalat kia hai, maro usay.

BTW, anyone has his tax returns or asset returns pre and post sale of watches?

That would really tell what he did with the money from the watches, did he actually uplift Bani Gala from the money, as he says or not

Oh also, wasn't the initial narrative that he sold it to a Dubai dealer, and then it changed to Farah Gogi? Dubai say ab F7 agaye ho?
Click to expand...
I think that was another watch. They are trying to say Khan didn't report these 3 watches to Toshakhana. But also saying he paid prices later etc. Topi drama.
 
.
FOOLS_NIGHTMARE said:

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million​

View attachment 857876
Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.

Details of an official inquiry shared with this correspondent reflect Imran Khan earned millions of rupees from these jewel-class watches gifted to him by foreign dignitaries. These watches are in addition to the ones reported earlier in the media.

The most expensive watch — more than Rs101 million value — was retained by the-then prime minister at 20 percent of its value after his government amended the Toshakhana rules and settled the gift retention price at 50 percent of its original value.

Instead of buying those gifted jewel watches from Toshakhana from his own pocket, the ex-prime minister first sold the watches and then deposited 20 percent of each in the government treasury, reveals documents and sale receipts available with this scribe.

Related Stories​


Apparently, these gifts were never deposited in Toshakhana. The gift received by any government official is to be reported immediately, so its value is assessed. And after that the recipient deposits specific amount if he wants to keep it.

Toshakhana documents reveal the former prime minister earned Rs36 million from the sale of these three expensive watches gifted by visiting dignitaries from friendly Gulf countries. A real windfall profit was earned through sale of a watch gifted to him by a high dignitary from Middle East. This watch was officially assessed at Rs101 million. Former prime minister had declared he sold it for Rs51 million and deposited Rs20 million in the government treasury, thus earning a whopping Rs31 million. This reflects the watch was sold at half the price of its actual worth.

It is pertinent to mention here that this watch was sold on January 22, 2019 after the-then PTI government amended the Toshakhana rules and made retaining price of any gift at 50 percent from 20 percent of its assessed value.

One Rolex Platinum watch gifted by a member of a royal family from a Gulf island was sold by Imran Khan for Rs5.2 million. This expensive gift, as per the Toshakhana rules, was assessed by official evaluators for Rs3.8 million. He deposited in the government treasury 20pc of the value amounting to Rs0.75 million, earning almost Rs4.5 million profit by selling this watch. This watch was sold in November 2018, two months after it was gifted to him.

Another Rolex watch gifted by a dignitary from the same Gulf island was sold by the former prime minister for Rs1.8 million. The official value assessed for this watch was Rs1.5 million. The former PM paid Rs0.29 million, earning another profit of Rs1.5 million from this deal.

All these gifts were sold to a local watch dealer. The record has the sale receipts along with pictures of these luxury watches. This scribe contacted PTI leaders Fawad Chaudhry and Shahbaz Gill through calls and messages to take their view regarding the matter, but none of them responded. The question which The News asked from Fawad Chaudhry and Shahbaz Gill was, "Dear sir, it has been learned that being PM Imran Khan sold three additional luxury watches to a watch dealer in F-7, Islamabad. I have a few queries regarding the matter. If you please spare some time and answer them.

1) Imran Khan retained one watch at 20 percent of its assessed value when his government had amended the retaining price at 50 percent of the original value of the gift. This watch was retained on January 2019 after your government amended the Toshakhana rules in December 2018. Please comment and explain why rules were not followed?

2) Imran Khan did not deposit these three watches in Toshakhana and deposited money on the day he sold them. Why he kept the gifts to himself? Please comment. Your immediate response will be highly appreciated and regarded.

Responding to the Toshakana controversy, former prime minister Imran Khan had said they were his gifts, so it was his choice whether to keep them or not. "Mera tohfa, meri marzi (my gift, my choice)," the PTI chairman told reporters during an informal conversation.

The issue came to light when Prime Minister Shehbaz Sharif said Imran Khan, during his tenure, sold the Toshakhana gifts in Dubai worth Rs140 million. According to reports, the former premier received 58 gifts worth more than Rs140 million from the world leaders during his three-and-a-half-year stint and retained all of them either by paying a negligible amount or even without any payment.

Former information minister Fawad Chaudhry had also stated that “selling one’s own assets (after purchasing them from Toshakhana) is not a crime”. “These gifts were purchased by Imran Khan and (after he became their owner) he can sell his assets. So there is nothing wrong with it,” he had claimed.
www.thenews.com.pk

Imran sold three gifted watches to local dealer

ISLAMABAD: Former prime minister Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer, The News has learnt.Details of an official inquiry...
www.thenews.com.pk www.thenews.com.pk

IK should come out and give an explanation for this news, and if the story is false should take this journalist and his media house to court.
Click to expand...
maza nahi aya .. all he did was legal ...you can t catch ..
 
.
FOOLS_NIGHTMARE said:
The issue came to light when Prime Minister Shehbaz Sharif said Imran Khan, during his tenure, sold the Toshakhana gifts in Dubai worth Rs140 million. According to reports, the former premier received 58 gifts worth more than Rs140 million from the world leaders during his three-and-a-half-year stint and retained all of them either by paying a negligible amount or even without any payment.
Click to expand...
After reading this I am 80% sure someone fed the author some next level BS.

First of all Khan didn't retain 58 gifts but 112 worth 142.02 million but author says 58.

And he paid the prices as per rules for the items that were above 30k and retained those under 30k for free as per Toshakhana rules. While the author says negligible amount or even without any amount.
 
.
1656551999970.png


Dhop k mar jao Patwario!
 
. .
look at you people, discussing something that was done within the legal framework while not asking any question about NS who bought a bullet proof BMW for Rs. 2 Lakhs which is not even .01% of the value, while IK paid 50% which is allowed
 
.
xyxmt said:
look at you people, discussing something that was done within the legal framework while not asking any question about NS who bought a bullet proof BMW for Rs. 2 Lakhs which is not even .01% of the value, while IK paid 50% which is allowed
Click to expand...
Sir g I wish I had links with PTI media cell. I have just found out a Business Recorder report about how 4 watches were sent to the then PM 3 returned back and 1 was taken as a gift, nothing paid for it.
 
.
TheSnakeEatingMarkhur said:
Sir g I wish I had links with PTI media cell. I have just found out a Business Recorder report about how 4 watches were sent to the then PM 3 returned back and 1 was taken as a gift, nothing paid for it.
Click to expand...

Lets just assume he took all three watches without paying
This is the biggest issue Pakistan is going thru right now!!
 
.
sur said:
In a loop
Back to item # one



Plus add:

Let's play Malik Riaz fine payment blame game :taz: Oh! that was settled as per court order! :undecided:

Let's blame 4 undeclared properties by someone named "Bushr" on IK's wife :taz: Oh! that ws some other Bushra, not IK's wife :undecided:

so on so forth
Click to expand...

dude, If haram khor sharifs had even an evidance of 1 chori 1 corruption on IK they would have put him in jail. You know the reason Sharifs look so pissed off and manhus these days is that they cannot imagine someone been in power and not stealing, but they cannot find it.....how good he is....they cannot imagine someone a better thief than them and that my friend is pissing them off. but keep digging
 
. .

Similar threads

ghazi52
The infamous watches of Toshakhana
Replies
3
Views
712
Olympus81
O
B
farrukh habib does not know of gifts
Replies
0
Views
320
Babaasif
B
ghazi52
Freedom around the corner: Imran Khan's legal woes coming to an end
Replies
0
Views
890
ghazi52
ghazi52
Areesh
Jang Group Earlier Claimed that Imran Khan Sold Watch to a Local Watch Dealer. Now Says It was Sold to Intranational Fraudster Umer Farooq Zahoor
2 3
Replies
33
Views
2K
farok84
farok84
FOOLS_NIGHTMARE
Two More Toshakhana Watches Sold By Imran Khan
2
Replies
19
Views
975
maverick1977
maverick1977

Latest posts

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Military Forum Latest Posts

Country Latest Posts

Back
Top Bottom