Enigma SIG
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I vote for sterilization of all Patwari journalists just because they write this pile of garbage.
Imran sold three gifted watches to local dealer
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ARMalik
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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
- New policy on Toshakhana in the making
- Toshakhana: A can of worms for most past rulers, top officials
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.
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
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.
My cat also sold a Rolex he got from Prince of Dubai. Is my cat in trouble?
One_Nation
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I am sure if courts ask IK to return the money he made from those gifts he will do so unlike the beghairat politicians who flee overseas in this situation.
muhammadhafeezmalik
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He can't use his position in state for his own monetary benefits. The state gifts given to him on subsidised rates, as per law you can't sale a thing you bought on subsidy.
It is other than that Dubai deal.
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
- New policy on Toshakhana in the making
- Toshakhana: A can of worms for most past rulers, top officials
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.
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...
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.
You forgot while making the 'foolish assumption' above in bold.
According to your role models and the bunch of imported criminals and thugs installed, their latest amendment in 'law making', it is now the responsibility of the prosecutor/government to prove such allegations and if allegations are found false, FIVE YEARS in jail.
The thugs could amend the law to bring IK's crimes to justice, the way out from this situation is that they again amend it to be specific, as this law is only applicable to IK and his government else every other party got immunity.
muhammadhafeezmalik
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He obtained watches legaly but sale of these watches was unethical and illegal.
muhammadhafeezmalik
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muhammadhafeezmalik
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Imran Khan supporters in media are using fabricated stories to defend him. LOL.
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He received the watch in personal capacity or was it gifted to a PM of Pakistan?
Feel free to put him in jail if any wrongdoing.
Will the NAB prosecute IK? Remember there is a law saying if prosecution fails, the prosecutor will face punishment of jail upto 5 years. (Law enacted by the current imported government). Or heck just enact a law saying only IK should face NAB cases and others go scot free.
I understand why PDM does not want to release the data of Toshakhana relating to PPP PMLN members.
Feel free to put him in jail if any wrongdoing.
Will the NAB prosecute IK? Remember there is a law saying if prosecution fails, the prosecutor will face punishment of jail upto 5 years. (Law enacted by the current imported government). Or heck just enact a law saying only IK should face NAB cases and others go scot free.
I understand why PDM does not want to release the data of Toshakhana relating to PPP PMLN members.
TheDarkKnight
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Dollar above 200, senators openly suggesting to accept Israel, country called bakhari, 12 hour load shedding, massive petrol and energy hikes for people, remittances and exports down … and this guy is still chasing sale of some watches 
muhammadhafeezmalik
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There is no such law, only maligning during prosecution is prohibited under the new law.
Using a gifted watch is shameful but selling a gifted watch is not??
IK sold 3 gifted watches that we know of if true. We usually find out after the government completes the term - not during.
There is no such thing as free gift. There are reasons for expensive gifts. In politics, it is give and take. Taking gift is considered questionable move in the line of politics.
Are you justifying or admitting that Khan is corrupt as Nawaz Sharif if allegation is true? Imranistan does amaze me sometimes.
muhammadhafeezmalik
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Detail of gifts retained by Imran Khan as PM.
Chat SAMOSA
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Here's one way to deal with corruption:
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