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Zardari has thousands of acres of land, luxury vehicles

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Asif Ali Zardari

ISLAMABAD: Declaring his asset details before the Election Commission of Pakistan (ECP), former president and co-chairperson Pakistan People’s Party Asif Ali Zardari has total assets worth around Rs758.66 million.

According to details submitted by Zardari with his nomination papers, it reveals that the ex-president owns over a dozen properties in Pakistan, besides his share in five properties inherited from his slain spouse Benazir Bhutto.

The senior politician has a number of agricultural properties in Nawabshah, Larkana and Tando Allahyar areas apart from around 7,400 acres of farmland obtained on lease in Tando Allahyar, Matli, Badin and Nawabshah.

In contravention of media reports that Zardari owns multiple properties overseas, the PPP co-chairperson stated in his documents that he owns just a single property outside Pakistan – an open plot in the Al-Safa Second area of Dubai, purchased at some unspecified time for an amount equivalent to around Rs100 million.

Asif Zardari has three Toyota Land Cruisers, two BMWs and one Toyota Lexus – all bulletproof. The cost of the unspecified number of horses and cattle belonging to him has been put at Rs 9.9m and he possesses arms and ammunition worth Rs16.60m.

He holds Rs209m cash in hand, Rs89.76m deposited in a private bank.

Besides, the former president also has two properties in Clifton valued at Rs111.51m, a 2,000 square yards plot in the Defence Housing Authority, Karachi, purchased for Rs850,000 and a house in Nawabshah worth Rs22.56m.

The worth of assets in possession of Zardari are half the amount owned by his son Bilawal whose total assets have a value of around Rs 1.5 billion, according to the ECP document.

Meanwhile, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan owns assets worth more than Rs3.8 million.

Moreover, the PTI chief earned Rs4,776,611 last year, as per the record submitted to the Election Commission of Pakistan (ECP).

The documents reveal details of Imran’s earnings from agriculture, salary and bank profits.
The cricketer-turned-politician paid Rs303,763 in taxes last year.

Imran is also the owner of 168 acres of agricultural land, according to the documents.

The PTI chief has also submitted details of his foreign trips along with his nomination papers to the ECP.

This year, Imran only travelled to the United Kingdom. The three-day trip costs Rs240,000, according to the documents. According to the documents, Imran does not own any businesses in Pakistan or abroad.

However, the PTI chairman owns 14 properties across Pakistan and none abroad.
Imran’s wife, Bushra Bibi, and his two sons with Jemima Khan – Qasim and Sulaiman – have been listed as his dependents. The documents state that Bushra Bibi’s assets have not been included as their marriage took place in 2018. Similarly, Imran’s sons have been shown as “not financially dependent”.

A returning officer (RO) on Tuesday rejected Imran’s nomination papers for NA-53 for failing to properly fill out the affidavit attached with the nomination papers.

The PTI chief’s candidacy was also rejected from NA-95 (Mianwali). However, Imran’s nomination papers were accepted from NA-35 (Bannu), NA-131 (Lahore) and NA-243 (Karachi).

Meanwhile, Maryam Nawaz, the daughter of former premier Nawaz Sharif, has declared the net worth of her assets at Rs845 million in the statement of assets she filed with her nomination papers for the July 25 elections.

Maryam owns more than 1506 kanals of agricultural land and shares in multiple companies, according to the assets statement. She has shares in Chaudhry Sugar Mills, Hudaibiya Paper Mills, Hudaibiya Engineering, and Hamza Spinning Mills.

The former first daughter invested an amount of over Rs3.4 million in an under-construction floor mill. She has lent out Rs7 million to a firm namely Soft Energy Private Limited. Besides, Maryam received gifts worth over Rs40 million and owns gold jewellery whose value she has declared at Rs1.7 million.

She owed her brother Hussain Nawaz Rs28.9 million and that she had never received a loan amounting more Rs2 million from any private bank.

She spent Rs6.4 million on her foreign visits over the past three years. – NNI