85% increase in the wealth of MPs, assets of 1% legislators doubled

60% of MPs reveal discrepancies in income and assets 

newssoye web desk 

1  hour ago 

The total wealth of MLAs increased by 85% in five years, while the assets of only one percent of legislators almost doubled in five years. During this period, the average Pakistani citizen's income has decreased by 197 dollars per capita.

According to the Samaa Investigation Unit's research, the wealth of 1,170 members of Parliament and Provincial Assemblies was 49 billion rupees in 2015, which increased to 91 billion rupees in 2019. The wealth of MPs increased by 85% in the last 5 financial years.

The Investigation Unit analyzed the income of the parliamentarians, including the salaries they received and any information obtained from other sources, and their tax records submitted to the Federal Board of Revenue, the Election Commission of Pakistan, and other government sources. Is.

The total wealth of MPs also included the assets of their family members who were dependent on them.

Members of Parliament had a total of Rs 79.8 billion in wealth and assets during 2018-19, an increase of Rs 12 billion, or 15 percent, to Rs 91 billion in 2019-20. The wealth of each legislator increased by an average of Rs 10 million.

Federal Board of Revenue (FBR), Political Finance Wing of Election Commission of Pakistan (ECP), Director General of Intelligence and Investigation (IR), and other official sources show that the legislators inside the country and there are assets outside.

The investigations by the Investigation Unit revealed that around 311 MLAs had either invested in private firms or were running their businesses. Their net worth was about 21 billion rupees or 130 million dollars.

According to the report, 71 of the 311 legislators had declared that they had retired from business after becoming members of parliament, but their tax records showed that they paid more taxes than their declared wealth. are paying

Reduction in tax payments

According to the report, an average member of the assembly paid about 1.4 million rupees or about $7,000 in income tax in 2018-2019, while overall members of parliament paid about 1.6 billion rupees or about $11 million in tax in the 2018-19 tax year.

This tax payment ratio fell to 60 percent in 2019, when MPs collectively paid only 980 million rupees or $6 million in taxes. This meant that an average of Rs 1.4 million was paid in taxes per legislator to an average of only Rs 8 million.

The Billionaires Club

Between the years 2014 and 2019, the wealth documents of 200 prominent MPs from various parliamentary parties were examined and around 25 MPs were declared billionaires, while 71 MPs had assets of more than Rs 500 million.

An examination of documents submitted by lawmakers revealed that the wealth or assets of some MPs and their dependents increased as much as 300 percent.

48 MPs in the billionaire club have seen their wealth and assets increase by more than 100% in the last 5 years, while a dozen MPs have seen their wealth increase by 200-300%.

According to the report, around 29 members of parliament declared assets worth around Rs 5 billion in UAE, Norway, Denmark, the UK, the USA, Australia, and Canada.

The poorest MPs

About 41 MLAs declared that they individually owned assets worth less than Rs 10 lakh while about 111 MPs declared to own assets worth less than Rs 10 million.

Tax not paid

Official records show that dozens of MPs were either not paying income tax or were not registered with the tax authorities. Out of 1,170 legislators, 161 MPs had not submitted income tax returns.

According to the report, the assets of more than two dozen women MPs were linked to their millionaire husbands but surprisingly they were not registered as regular taxpayers with the authorities.

About two dozen women MPs had assets worth a total of Rs 100 million but were not even registered with the tax authorities. More than 37 MPs who were not registered with FBR had declared assets of more than Rs 101 million.

The ECP and FBR also sent notices to 70 MLAs, whose assets were found to have abnormally increased or there were some serious discrepancies in their declarations.

According to the documents, about 98 MPs have total assets of Rs 37 billion while 12 of them have assets of more than Rs 500 million but were not active taxpayers.

According to the FBR and Election Commission officials, there is a discrepancy in the income and assets data of about 60 percent of the parliamentarians.

Assets of Politicians

The newsboy Investigation Unit examined the assets of prominent MPs of leading parliamentary parties in an attempt to find out the facts behind this increase in assets. Listed below are the assets of a few prominent politicians or those who recorded the biggest decrease or increase in assets.

Chairman Pakistan Tehreek-e-Insaf Imran Khan's assets increased by 250% in 5 years. The value of his assets was Rs 4 crore in 2017 which increased to Rs 14.2 crore in 2019.

According to FBR, Imran Khan's income in 2019 was Rs 4.36 crore, on which Rs 99 lakh was paid as tax, but surprisingly, Imran Khan paid a total of Rs 17 lakh in tax from 2013 to 2018.

In the year 2013, he paid 194,936 rupees, 218,237 rupees in 2014, 76,244 rupees in 2015, 159,609 rupees in 2016, 103,763 rupees in 2017, and 282,449 rupees in 2018.

According to official documents, in the last 5 years, Prime Minister Shahbaz Sharif's assets have decreased by 25%. In 2015, his assets were worth Rs 24.1 crore with a debt of Rs 11.6 crore. 24.7 crore was recorded with

According to the documents, Shahbaz Sharif's income was Rs 4.6 crore after paying Rs 83 lakh in tax in 2019. In 2015, the assets of Shahbaz Sharif's wife Nusrat Shehbaz were recorded at Rs 24.7 crore, and Tehmina Durrani's assets at Rs 90 lakh.

According to the Pakistan Muslim League (N) chief's tax records, his tax liabilities increased during this period. They paid Rs 4,383,138 in 2013, Rs 4,888,122 in 2014, Rs 6,330,632 in 2015, Rs 7,038,777 in 2016, Rs 8,268,298 in 2017, and Rs 9,730,545 in 2018.

Former President Asif Ali Zardari's assets were Rs 67.7 crore in 2019 and Rs 71.5 crore in 2020. According to the tax directory, his income was Rs 28.3 crore and he paid Rs 2,218,229 in tax in 2019. Asif Zardari paid Rs 1,385,025 in 2013, Rs 1,842,915 in 2014, Rs 2,105,565 in 2016, Rs 2,632,490 in 2017, and Rs 2,891,455 in 2018.

A 7% increase was recorded in the assets of former Federal Minister and Member of the National Assembly Asad Umar and his wife in 2019. In the year 2013, the total value of his assets was 61.92 crore rupees, which increased to 66.8 crore rupees in 2019.

According to FBR records, Asad Umar paid Rs 4,260,246 in 2015, Rs 368,864 in 2016, Rs 4,849,615 in 2017, Rs 5,346,426 in 2018, and Rs 4,272,426 in 2019.

An increase of 241% was recorded in the assets of former foreign minister Shah Mehmood Qureshi from 2014 (7.3 crores) to 2019 (24.7 crores).

According to the details of the assets submitted to the Election Commission and FBR, the total value of Shah Mahmood and his wife's assets in 2014 was Rs 7.25 crore, but in a period of 3 years, their assets tripled to Rs 27.83 crore, compared to 2014. I increased by 283.86%.

605,500 rupees in 2013, 1,533,731 rupees in 2014, 1,469,068 rupees in 2015, 1,862,414 rupees in 2016, 653,943 rupees in 2017, and 183,900 rupees in 2018.

Chairman Pakistan People's Party Bilawal Bhutto Zardari revealed assets of 1.6 billion rupees in 2019. According to the FBR tax directory, his total income was Rs 3.9 crore and he paid Rs 535,243 in tax in 2019. Foreign Minister Bilawal Bhutto paid 303,692 rupees in 2013, 419,056 rupees in 2014, 237,152 rupees in 2017, and 294,117 rupees in 2018.

According to official documents, the assets of former Federal Minister of Communications Murad Saeed, who was known as the poorest member of Parliament, have seen a huge increase in assets.

In the year 2014-15, assets of 4 lakh rupees were declared by Murad Saeed, which increased to 31 lakh rupees in 2019-20. 34,941 rupees in 2016, 241,946 rupees in 2017, 374,727 rupees in 2018, and 86,606 rupees in 2019.

The assets of Chief Minister Punjab and his wife also increased by 14% over five years. The assets of Chaudhry Parvez Elahi and his wife were 22 crores of 60 lakh rupees in 2019, while their assets were 19 crores of 70 lakh rupees in 2015. In the tax documents of FBR MPs, their general income was shown as Rs 7,214,174.

In 2014, 1,349,677 rupees, 1,403,947 rupees in 2015, 1,482,588 rupees in 2016, 2,130,725 rupees in 2017, 2,071,196 rupees in 2018, and 932,835 rupees in 2019 were paid by Chaudhry Parvez Elahi.

According to the details revealed in the investigation of the newssoye Investigation Unit, the assets of Punjab Chief Minister and Member National Assembly Munis Elahi increased by 114% over five years. In 2015, the total value of his assets was 65.2 crore rupees, which became 1.4 billion rupees in 2019. In the FBR tax records, his general income was shown as Rs 3.54 crore.

In 2015, 2,603,272 rupees, 5,186,489 rupees in 2016, 5,777,815 rupees in 2017, 5,168,918 rupees in 2018, and 6,534,251 rupees in 2019 were paid by Mons Elha.

376% increase in the assets of former Chief Minister Balochistan Jam Kamal

The assets of former Balochistan Chief Minister Jam Kamal and his family increased by 376% between 2015 and 2019. In 2015, the value of his and his wife's assets was disclosed as Rs 25.2 crore, which increased to Rs 1.2 billion in 2019.

Jam Kamal paid Rs 43,735 in 2013, Rs 257,361 in 2014, Rs 988,306 in 2015, Rs 4,017,743 in 2017, and Rs 4,808,948 in 2018.

A 7% increase was seen in the assets of Sindh Chief Minister Syed Murad Ali Shah and his family from 2015 to 2019. In 2015, his declared assets were 27 crore rupees, which became 29 crore rupees in 2019. Murad Ali Shah paid Rs 39,341 in 2013, Rs 6,567,495 in 2014, Rs 661,661 in 2015, Rs 710,789 in 2017, and Rs 7,376,945 in 2018.

Chief Minister Khyber Pakhtunkhwa Mahmood Khan

No change was seen in the assets of Chief Minister Khyber Pakhtunkhwa Mahmood Khan during the 4th financial year. In 2018, the value of his assets was 2.4 billion rupees, which remained the same during 2019. According to the official records of FBR, no tax was paid by Mehmood Khan in 2013 and 2014. While he paid Rs 87,500 in 2015, Rs 232,725 in 2017, Rs 235,982 in 2018, and Rs 66,258 in 2019.

In 2015, Balochistan Chief Minister Abdul Qudous Bizenjo disclosed his assets of Rs 5 lakh despite owning Qudosi Mining Company Limited. In 2019, despite declaring his assets to be 30 lakhs, he paid more than 10 lakhs in tax and took the position that his mining company is not active. Bizenjo paid Rs 997,400 in 2017, Rs 1,188,800 in 2018, and Rs 1,061,777 in 2019.

Defense Minister Khawaja Asif and his family's assets were visibly reduced. In 2015, he disclosed assets worth Rs 3.7 crore, advances, investments, and loans of Rs 23.1 crore.

Khawaja Asif told the Election Commission that in 2015-16, his assets were worth Rs 23.2 crore and in 2017 they were Rs 25.2 crore, including PTCL, KESC, MS AAA, and F Traders Sialkot, and MS Erasmus. Private Limited Sialkot included an investment of 30 lakhs.

Loans of Rs 18.1 crore, investment of Rs 2.35 crore in MS Tariq Mir, and investment of Rs 13 crore in the rice export business were also disclosed by the Defense Minister. 311,638 rupees in 2014, 466,630 rupees in 2015, 831,986 rupees in 2016, 5,561,647 rupees in 2017, 4,371,129 rupees in 2018, and 230,386 rupees in 2019.

According to the asset details submitted by Federal Interior Minister Rana Sanaullah, his assets increased by 55% between 2015 and 2019. In 2015, his assets were worth Rs 10 crore (including plots, and land value) which increased to Rs 15.5 crore in 2019.

Rana Sanaullah paid Rs 1,080,823 in 2015, Rs 1,228,936 in 2016, Rs 1,220,530 in 2017, Rs 1,388,275 in 2018, and Rs 2,994,713 in 2019.

Muttahida Qaumi Movement leader Khalid Maqbool Siddiqui's assets have been reduced by 200%.

In the year 2015, the value of his assets was 3.1 crore rupees, which decreased to 1.14 crore rupees in 2019. 32,941 rupees in 2016, 138,573 rupees in 2017, and 202,291 rupees in 2019 were paid by Khalid Maqbool.

A 278.68% increase was recorded in the assets of President Awami Muslim League Sheikh Rasheed Ahmed from 2014 to 2019.

According to the documents, assets of Rs 3.94 crore were declared by him in 2014. During the next year, his assets rose to Rs 3.98 crore after a modest increase of Rs 4 lakh. His assets gradually increased over the next two years, reaching Rs 4.47 crore in 2016 and Rs 4.67 crore in 2017.

In 2015, 312,383 rupees, 505,966 rupees in 2016, 702,698 rupees in 2017, 579,011 rupees in 2018, and 557,450 rupees in 2019 were paid by Sheikh Rashid Ahmed.

According to official documents, a 92% increase was recorded in the assets of Water Resources Minister Khurshid Shah between 2015 and 2019.

According to the documents, the total value of his assets in 2015 was Rs 3.8 crore, which increased to Rs 7 crore in 2019. Khurshid Shah recorded an increase of Rs 113,740 in 2015, Rs 124,215 in 2016, Rs 305,100 in 2018, and Rs 59,857 in 2019.

A 50% decrease was seen in the assets of Member National Assembly Shireen Mazari during the last 5 years.

According to official documents, his assets were worth Rs 11.8 crore in 2013, which increased to Rs 7.7 crore in 2019, and debts to Rs 35 lakh.

Shireen Mazari paid 782,731 rupees in 2015, 1,347,054 rupees in 2016, 1,569,558 rupees in 2017, 2,435,650 rupees in 2018, and 371,033 rupees in 2019.

According to official documents, a 203% increase was seen in the assets of former Federal Minister for Water Resources Umar Ayub Khan and his wife between 2014 and 2019.

According to the documents, in 2014, his and his wife's assets of Rs 46.18 crore were disclosed to the Election Commission and FBR, which increased to Rs 1.4 billion in 2019.

Umar Ayub paid 3,488,142 rupees in 2015, 26,055,517 rupees in 2018, and 957,497 rupees in 2019.

On the other hand, a 17% increase was seen in the assets of Member National Assembly Hamad Azhar and his wife. In 2018, his assets were worth Rs 30.99 crore, which increased to Rs 35.06 crore in 2019. Hamad Azhar paid 59,444,145 rupees in 2018 and 18,088,703 rupees in 2019.

Former Federal Minister Khusro Bakhtiar's assets increased by 127.8% from 2013 to 2019 and his assets which were Rs 10.93 crore in 2013 increased to Rs 24.9 crore in 2019.

According to the documents, the value of Khusro Bakhtiar's assets was 13 crore rupees in 2014, which doubled to 27.8 crore rupees in 2015. In 2016, his assets again decreased to 19.6 crore rupees and the following three years saw an increase in his assets. From Khusro Bakhtiar, 70,968 rupees in 2014, 253,206 rupees in 2015, 139,636 rupees in 2016, 475,573 rupees in 2017, and 29,624 rupees in 2018. And 158,100 rupees tax was paid in 2019.

The assets of former Federal Minister of Railways Azam Khan Swati increased by 202% between 2015 and 2019.

Azam Khan Swati's assets were revealed as 40 crore rupees in 2015, which increased to one billion twenty crore rupees in 2019. From 2015 to 2019, its debts increased from Rs 41.7 crore to Rs 81.1 crore. Azam Swati paid Rs 123,861 in 2016, Rs 764,197 in 2017, Rs 580,916 in 2018, and Rs 784,966 in 2019.

Ex-Speaker National Assembly and Ex-Minister for Inter-Provincial Coordination Fahmida Mirza's assets increased by 152% between 2013 and 2019. The value of his assets was Rs 6.5 crore in 2013 which increased to Rs 16.4 crore in 2019. Fahmida Mirza paid 69,606 rupees in 2015, 84,214 rupees in 2016, 227,591 rupees in 2017, 187,052 rupees in 2018, and 98,063 rupees in 2019.

On the other hand, the assets of Awami National Party leader Amir Haider Hoti and his wife saw a 247 percent increase. In 2015, the total assets of him and his wife were Rs 34.5 crore, which increased to Rs 42 crore in 2016. While by 2019, his assets increased to 1.2 billion rupees.

61,791 rupees in 2016, 168,586 rupees in 2017, 197,130 rupees in 2018, and 98,146 rupees in 2019 were paid by Ameer Haider Hoti. The assets of Balochistan Awami Party leader Zubaidah Jalal and her husband saw a 1,189 percent increase in a very short period. The value of his assets, which was Rs 90 lakh in 2017, increased to Rs 11.6 crore in 2019. According to the FBR directory, he did not pay any tax during this period.

Unlike the majority of MPs, no significant change was recorded in the assets of Chairman Senate Sadiq Sanjrani. In 2018, the value of his assets was 10 crores while in 2019 it was 10.63 crores.

Sadiq Sanjrani's business is also in Malaysia which according to him is not active since 2008. 1,363,414 rupees in 2018 and 1,399,327 rupees in 2019 tax was paid on his behalf.

Former Prime Minister Shahid Khaqan Abbasi's assets were worth Rs 1.3 billion in 2015, but after gifting a large part of his assets to his son, his assets saw a decline of Rs 1.2 billion. The current value of his assets is Rs 9 crore while in n 2019 Rs 55.4 crore was gifted to Abdullah Abbasi.

Shahid Khaqan Abbasi's income was Rs 2.4 crore and according to the FBR tax directory, he has Rs 1,205,974 in 2013-14, Rs 2,213,180 in 2014, Rs 2,489,030 in 2015, Rs 3,208,583 in 2016, Rs 378,9211 in 2017, 242,098,531 in 2018 and Rs 4,877 in 2018 and Rs 4,877 in 2018. Tax paid.

A 55 percent increase was seen in the assets of Pakistan People's Party member National Assembly Faryal Talpur between 2015 and 2019. In 2015, the value of his assets was 27 crores and his liabilities were 1.2 crore rupees, his assets increased to 39.7 crore rupees in 2019, on his behalf 19 lakh 3 thousand 571 rupees in 2016, 45 lacks 63 thousand 705 rupees in 2018 and 2019. 28 lakh 38 thousand 708 rupees was paid in taxes.

Member National Assembly Shafqat Mahmood and his wife's assets recorded a 308% increase during 2019, their declared assets were worth Rs 3.7 crore in 2013, which increased to Rs 15.1 crore in 2019. Inherited land, certain plots, and vehicles were not mentioned in the details of assets.

Shafqat Mahmood paid 88 thousand 55 rupees in 2015, 68 thousand 965 rupees in 2016, 10 lacks 95 thousand 686 rupees in 2017, 2 lacks 31 thousand 730 in 2018, and 1 lakh 35 thousand 399 rupees in 2019.

The assets of Tehreek-e-Insaf Member Punjab Assembly Murad Ras decreased from 54 lakh rupees to 38 lakh rupees between 2015 and 2019. According to the tax documents, Murad Ras paid 13 thousand 944 rupees in 2015, 65 thousand 391 rupees in 2016, 69 thousand 69 rupees in 2017, 46 thousand 980 rupees in 2018, and 2 thousand rupees in 2019.

Balochistan National Party leader Akhtar Mengal's assets also saw an increase of 53%. In 2015, his and his family's total assets were Rs 4.9 crore, which increased by Rs 7.5 crore in 2019 due to the gift of a flat in the center of Dubai. reached Rs.

In the FBR directory, his total income in 2019 was shown as Rs 39 lakh. Akhtar Mengal paid 38 thousand 967 rupees in 2014, 13 lacks 55 thousand 323 rupees in 2015, 13 thousand 67 thousand 825 rupees in 2017, 13 lacks 24 thousand 375 rupees 2and 018, blackjacks 66 thousand 784 rupees in 2019. went.

The assets of Jamiat Ulema-e-Islam F Senator Talha Mehmood and his wife saw an increase of 30 percent (Rs. 8.2 crores) in 4 years. In 2016, the value of his declared assets was Rs 26.8 crore, which increased to Rs 35 crore in 2019. A huge increase in the amount of tax payment was seen on their behalf and in 2013 it was 1 crore 29 lakh 40 thousand 990 rupees, in 2014 it was 1 crore 42 lakh 81 thousand 101 rupees, in 2016 it was 1 crore 24 lakh 95 thousand 268 rupees, in 2017 four Crore 31 lakh 83 thousand 565 rupees, 2 crores 92 lakh 10 thousand 399 rupees in 2018 and 3 crore 22 lakh 80 thousand 549 rupees in 2019.

No change was seen in the assets of Mian Aslam Iqbal, senior minister of Punjab belonging to Pakistan Tehreek-e-Insaf, during the 5 fiscal years. According to the details of assets submitted to the Election Commission of Pakistan, his debts are more than his total wealth.

According to the details obtained from official documents, in 2016 his assets were worth Rs 3.28 crore while his liabilities were Rs 3.75 crore, in 2019 his assets were worth Rs 3.15 crore and his debts were worth Rs 3.75 crore.

During 2015, Mian Aslam disclosed assets of Rs.6.8 crores and debts of Rs.3.76 crores, out of his receivables of Rs.6.12 crores, Rs.4.1 crores were receivable from Tauqeer Khalid, Rs.38 lakhs from Ali Imran and Shaukat Ali. 1 crore 65 lakh rupees were included, while 3.61 crore rupees were to be paid by him to Dr. Sarwar in 2015.

On behalf of Mian Aslam, it was further stated that he received 15 lakh rupees from Ishaq Bhatti in 2015 for agricultural land. Mian Aslam paid 2 crores of tax in 2016 and 2017, but according to the documents of the Election Commission, there was no change in the value of his assets.

Position of the Legislative Assembly on decrease and increase in assets

Former Governor of Balochistan Jam Kamal Khan said that I have been paying taxes regularly for a long time. In addition, I have made possible transparency and complete clarity in all types of documents. I am not responsible to provide any answer or justification to Sama's representative. Access and inquiries to me are the responsibility of the Federal Board of Revenue.

Jam Kamal said that he is one of the big taxpayers of Balochistan and that all my cases are on record with full proof and justification.

The legal advisors of Khyber Pakhtunkhwa Chief Minister Mehmood Khan said that our client has been submitting tax returns continuously since 2014 and no notice is pending against them. We filed all section 114 tax returns during the relevant year without any delay. However, Chief Minister Mehmood Khan did not answer the question of the Samaan Investigation Unit that you did not submit any tax returns during the financial years 2013-14 and 2014-15, nor did you see any change in your assets while you have been part of the Parliament continuously for the last 5 years.

The representative was told by Awami National Party leader Amir Haider Hoti that the reason for the increase in my assets during the last 5 years is that my assets have doubled due to the inheritance received by my parents. Parts of the assets are yet to be added to my total assets over the next few years.

Amir Haider Hoti said that apart from the inheritance from my parents, I also got a share from my uncle because he had no children. All assets have been declared to the Election Commission and my entire family has also paid taxes on our joint business.

He said that it is a fact that the Election Commission sent notices to me in 2016 and 2019 in which I was asked to add and submit assets and the detailed reply satisfied the investigation team and the notices were removed.

Regarding the increase in assets, Dr. Fahmida Mirza said that she does not see any increase in her assets and wealth and she bought a property in the UK with the proceeds from the sale of one of her properties in Pakistan.

Fehmida Mirza said that since the property sold is mentioned in the details provided to the Federal Board of Revenue and the Election Commission of Pakistan, the other property purchased with the proceeds from the sale of this property cannot be considered new.

Shah Mehmood Qureshi said that the main reason for the increase in his assets was the Rs 16.96 crore received from his wife Mehreen Qureshi's mother's gift and sale of one-third of the inherited property in 2015-16. Crore and 2.26 Crore amount is Rs.

Shah Mehmood Qureshi further said that the written evidence of the said sale was provided to the Election Commission on 16 October 2017. Also, the assets details of me and other family members under my custody are available with the Federal Board of Revenue.

Umar Ayub says that in response to the questions raised by the Election Commission of Pakistan on the increase in his assets, he said that the said increase is due to the establishment of the Bujoh Business Group and there is no cash involved in it. Regarding the increase of Rs 107.1 crore in assets, Umar Ayub said that N has shares worth Rs 107.1 crore in Nova Sanpac Limited and Nova Gene Pharmaceutical Limited.

He said that if the shares of the said group were kept aside, his assets showed a reduction as he had to resign from the said group before taking oath as a minister. Umar Ayub said that only due to the formation of the group, the assets of N have increased, otherwise it is not possible, the details of the assets are available with the Federal Board of Revenue and if there is any difference between the declared and actual assets, then surely F It would have been challenged by BR.

Sheikh Rasheed Ahmed claims that he received an advance of Rs 10 crore in connection with a land sale agreement in 2021. Also, my assets have not increased. The increase was only from the advance received in connection with the land sale agreement and the details of the same have been provided to the Federal Board of Revenue and the Election Commission of Pakistan.

On behalf of Senator Azam Khan Swati, the representative was told that my case is unique. I have no business r income in Pakistan. It is possible that if the details of my assets submitted to the FBR are compared with the details of the Election Commission, there may be statistical errors. However, the Election Commission of Pakistan does not have the ability and competence to verify assets and liabilities. We (husband and wife) kept making the mistake of submitting details of joint assets. However, in 2019 we corrected it and submitted separate details of assets as my wife is not financially dependent on me.

Makhdoom Khusro Bakhtiar told the Sama correspondent that the increase in my assets from 2014 to 2019 mainly consists of sources. (1). Savings in agricultural income. (2). 4 crores from the sale of land. (3). 2 crore other sources of Rs. According to the readily available material, from 2017 to 2020, Rs 2.75 crore in agricultural tax was paid.

Shahid Khaqan Abbasi said that my assets decreased due to the transfer of assets to the heirs. Abdullah Abbasi is my elder son who got more hares from Air Blue Limited. I am among the highest taxpayers during the last 4 financial years. I paid more tax than the profits earned by my business, which has now been transferred to the heirs. A decrease in tax payment is due to a decrease in business share. NAB failed to find irregularities and discrepancies in my assets.

Defense Minister Khawaja Asif's legal team said that my client's tax record is completely clean and transparent. Details of their business transactions have been provided to the Election Commission and tax authorities. These assets were also examined by the National Accountability Bureau and the legal advisors satisfied the court on all the questions raised by the Accountability Bureau, so no question arises about their assets.

Zubaidah Jalal told the correspondent that there is no clear difference in the details of the assets provided by me. The value of assets was not disclosed in the details provided in the previous elections, now the Election Commission of Pakistan has also asked for the value of assets. Coal mining operations and businesses have ups and downs. National Coal Mining Company is owned by my husband since 1960.

Hammad Azhar thinks that it is true that during the financial year 2018-19, the Election Commission sent me notices twice, but the Election Commission officials are satisfied with my answers. He told the Election Commission that his assets increased by Rs 3.36 crore. I told the Election Commission that the assets to me and my family increased by a total of Rs 8.16 crore during the financial year 2018-19.

Hammad Azhar revealed that in 2017-18 his total assets were worth Rs 27.62 crore and in 2018-19 he disclosed assets of Rs 30.98 crore. My wife Maryam Hamad's assets were worth Rs 23.04 crore in 2017-18 which became Rs 27.84 crore in 2018-19, thereby increasing her assets by Rs 4.8 crore.

The affidavit filed with the Election Commission of Pakistan Lahore required separate details of shares and investments in my companies. This nominal amount of investment is also mentioned in the statement of gross assets at the request of the Election Commission. My shares of PTCL and Maple Leaf are also disclosed in the tax returns filed with FBR in 2018 and 2019 and Form “B” filed with the Election Commission of Pakistan Islamabad.

The Election Commission is bound to check the assets of all the Members of Parliament

Former Secretary Election Commission Kanwar Dilshad says that under the new election rules, the political finance wing of the Election Commission is bound to check the assets of all parliamentarians. According to Kanwar Dilshad, if a Member of Parliament fails to clarify his position, his case under Article 220 of the Election Commission is transferred to NAB so that he can find out about assets beyond known sources.