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Hidden Assets of PTI leaders unveiled

Islamabad: Pakistan Tehreek-i-Insaf on Friday declared assets of its 14 prominent leaders, keeping their promise of announcing their leaders’ assets. The assets were uploaded on party’s official website. Pakistan Tehreek-i-Insaf on Friday declared assets of its 14 prominent leaders, keeping their promise of announcing their leaders’ assets.

Imran Khan, Shah Mehmood Qureshi, Javed Hashmi, Dr Arif Alvi, Jahangir Tareen, Asad Umar, Fauzia Kasuri, Nadir Leghari and Shireen Mazari were among the 14 leaders declaring the assets.

Party chief Imran Khan had declared his assets in December last year. Back then, Khan had said that PTI will only award party tickets to those who meet their transparency criteria, and that they would not commit anything to those joining the party.

Khan has also been recently accused of evading taxes by Pakistan Muslim League – Nawaz (PML-N) leaders.

Following are asset details of some of the leaders:

Imran Khan:

The PTI Chief has immovable property including one house in Lahore and other in Islamabad.

The current liquid cash present in the accounts include 12,233 pounds and $ 4,24,265.

Imran also own two vehicles worth 5.8 million.

Shah Mehmood Qureshi

Qureshi’s immovable property in Pakistan include 15 houses, out of which 13 are inherited, one was gifted and one house in Multan is worth Rs80,00,000. He has no immovable property outside Pakistan.

He also does not have any movable assets in Pakistan or elsewhere and neither has any investments.

The estimated value of jewellery: Rs10,00,000.

            Current Liquidity Cash
Cash at Banks
Cash in Hand
Current A/C # 81 MCB Chak 2 Tarpai, Multan
PAK RUPEE
43,60,073
A/C 1381 UBL Hussain Agahi, Multan
PAK RUPEE
1,87,483
A/C # 01-200-0488-3 ABL Parliament Br. Islamabad
PAK RUPEE
38,69,474
          Motor vehicles/ other transport
   Current Estimated                          Value
MLL- 5550 Prado
22,00,000
LZR – 5550 Pejaro
25,00,000
MN-4100-11 Toyota Altus
19,00,000
LWG-200 BMW
35,00,000
       Tax history (last three                              years)
 
 
Assessment Year
Financial Year
Tax paid
2011
2010-11
647131
2010
2009-10
515720
2009
2009-09
497437
Land revenue
 
Financial Year
Total amount of land revenue paid
2011
AGRICULTURE INCOME TAX PAID DURING YEAR 11-12 Rs89050
2010
AGRICULTURE INCOME TAX PAID DURING YEAR 10-11 Rs89050
2009
AGRICULTURE INCOME TAX PAID DURING YEAR 10-09 Rs89050

Javed Hashmi

Javed Hashmi neither owns any immovable property outside Pakistan nor any movable assets outside Pakistan.

Movable assets (business capital) within Pakistan: Rs2,500,000.

Investment (prize bonds): Rs 3,000,000.

Hashmi does not own any vehicle, according to his asset declaration document, and also has no liabilities.

Jewellery (owned by wife): 100 tola worth Rs5,500,000

House in Multan Cantt: Rs25,000,000

Furniture, fittings and articles of personal use: Rs243,000 (after depreciation).

Current Liquidity Cash
 
 
 
Cash at Banks
Cash in Hand
316-4 ABL/PH Islamabad
170,688
Immovable property (inside Pakistan)
 
76 Acres Agri Land
50,000,000
Urban Property
20,000,000
Tax history
 
 
      Assessment Year
Financial Year
Tax paid
   Tax year : 2011
2010-2011
60,749
   Tax year : 2010
2009-2010
39,325
   Tax year: 2009
2008-2009
29,115

Dr Arif Alvi

Cash in hand: Rs1,198,479

Movable assets (business capital within Pakistan): M/s Alvi Dental Hospital worth Rs9,818,311

Investments (Stocks and Shares): Acquisition value Rs1,038,652

Jewellery: 30 tola worth Rs1,500,000

Furniture, fixings and articles of personal use: Rs1,000,000

Immovable property (held within Pakistan: Rs16,597,450

Motor vehicles/ other transport
Current estimated value
Toyota Corolla GLI Automatic Model 2004
900,000
Toyota Hilux Vigo 2007 (stolen)
1,500,000
Toyota Corolla Manual 2008
850,000
Tax history
 
 
           Assessment year
Financial year
Tax paid
         2011-2012
2010-2011
385,580
         2010-2011
2009-2010
337,311
         2009-2010
2008-2009
338,812

Jahangir Tareen

Cash in bank and accounts:

Owned by Jahangir Tareen and his wife: Rs18,875,387

Owned by children: Rs27,703,209

The couple owns 12 houses in Pakistan which make up to Rs377,901,584. Tareen’s children own two apartments in Canada worth Rs23,000,000 and Rs36,000,000 respectively.

Investment (stock and shares)

Jahangir Tareen and his wife: Acquisition value Rs 922,199,408

Children: Acquisition value Rs1,480,545,837

Investment in NAFA: Rs1,000,000.

Jewellery:

Jahangir Tareen and his wife: Rs33,500,000

Children: Rs28,800,000

Furniture, fittings and articles of personal use: Rs8,500,000 (couple) and Rs1,500,000 (by children).

Motor vehicles/ Other transport
Current estimated value
Jahangir Tareen and his wife:
 
Honda Civic
2,000,000
Range Rover
4,500,000
Prado
3,000,000
Prado
15,118,215
Children:
 
Suzuki Cultus
850,000
Tax history
 
Assessment year
Tax paid
2011
49,734,241
2010
24,924,525
2009
19,395,997
Land revenue
 
Financial year
Total amount of land revenue paid
30-06-11
167,630
30-06-10
302,792
30-06-09
307,546

Asad Umar

Cash in Bank/Hand: Rs14,299,825

Investment (Stock and Shares): Rs162,476,468

Jewellery: Rs1,403,650

Furniture, Fittings and Articles of personal use: Rs2,300,000

Company retirement funds: Rs10,425,819

Liabilities: Rs264,082,299

Assets:

House (on wife’s name: Rs4,800,000

Other assets: Rs2,975,178

Immovable property (within Pakistan)
 
Advance against apartment – Emmar Gigga
4,118,632
Land (Open plot) 196-1, 196-II, 198-d, 27th Street, DHA- VIII, Karachi
69,057,905
Tax history
 
 
Assessment year
Financial year
Tax paid
2009-10
2008-09
8,278,170
2010-11
2009-10
11,018,198
2011-12
2010-11
14,583,544

Asad Umar owns no vehicle.

Shireen M Mazari

Details of five bank accounts owned by Shireen M Mazari have been declared, however, the amount of money in the banks or cash in hand was not mentioned.

Mazari owns two houses and three agricultural lands and the estimated costs of none of them are mentioned. One agricultural land was inherited, one was gifted by grandmother to Mazari’s son and the third one was gifted by grandmother to Mazari’s daughter.

Jewellery: 60 tolas of Gold (inherited)

Motor Car / Other transport: Toyota Corolla Altis Model 2011 (current estimated value not given)

Loans and liabilities:

Car leasing from HBL (value not mentioned)

Loan from ZTBL for tractor – 257,000

Credit card loan – 600,000

Tax history
 
 
Assessment year
Financial year
Tax paid
2009
June 2008-09
24,335
2010
June 2009-10
388,442
2011
June 2010-11
152,680
Land revenue
 
Financial Year
Total amount of land revenue paid
2009
Rs87,500
2010
Rs87,500
2011
Rs87,500

Nadir Leghari

Leghari owns three houses, one industrial plot and two agriculture lands which are worth Rs21,443,000. One agriculture land is on the name of his son and the other on the name of his daughter.

Movable assets (within Pakistan): 6,105,100

Jewellery: 30,000,000

Furniture, Fittings and Articles of personal use: 3,000,000

Current liquidity Cash
 
 
Banks
Cash at banks
Cash in hand
MCB Bank Ltd
Rs1,014,355
Rs2,000,000
MCB Bank Ltd
Rs2,622
 
Habib Metropolitan Bank
Rs238,170
 
MCB Bank Ltd
Rs2,635,446
 
Motor vehicles/ other transport
 
Honda Civic Model 2006
Rs1,200,000
Toyota Hilux Pickup Model 2007
Rs900,000
Toyota Land Cruiser Prado Model 2003
Rs3,000,000
Toyota Land Cruiser Prado Model 2004
Rs3,500,000
Ranger Rover Sport Model 2006
Rs7,000,000
Tax history
 
 
Assesment year
Financial year
Tax paid
2012
2011-2012
Rs384,000
2011
2010-2011
Rs400,800
2010
2009-2010
Rs384,000
Land revenue
 
Financial year
Total amount of land revenue paid
2012
Rs100,000
2011
Rs100,000
2010
Rs100,000

Naeem Ul Haq

Cash in Bank: 3,400,000

Cash in Hand: 200,000

Immovable property (within Pakistan):

Six acres agriculture land: Rs150,000

Motor vehicle:

Toyota Corolla Model 2006: Rs800,000

Furniture, Fittings and Articles of personal use: Rs250,000 approximately

Liabilities (Bank loans): 500,000

Tax history:

No tax paid in last three years because of no income: Rs120,000 (2008-09)