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Prime Minister Imran Khan’s worth takes a nose dive as ECP releases National Assembly member’s asset declarations

Prime Minister Imran Khan’s worth takes a nose dive as ECP releases National Assembly member’s asset declarations

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On Tuesday, the Election Commission of Pakistan released the details of the assets and liabilities of the members of the National Assembly, for the financial year 2019-2020. The assets of Prime Minister Imran Khan took a whopping 26% plunge when compared to their valuation in the previous year. Previously, the valuation was Rs. 108.236 million and now it is Rs. 80 million. The Rs. 80 million valuation however does not include the Premier’s 300-kanal Bani Gala estate. Almost all of his other properties have been declared to be inherited, including a house in Zaman Park, Lahore, which is valued at Rs40.53 million. The report also showed that the Prime Minister has paid Rs. 10.19 million to buy two apartments at Shahra-e-Dastoor in Islamabad. He also has four goats worth Rs. 200,000. 

There are 12 billionaires in the National Assembly, per the ECP

The Prime Minister isn’t the only parliamentarian whose worth declined in this financial year. PML-N politician and former Prime Minister Shahid Khaqan Abbasi’s worth also decreased from what it was in the last financial year. Now, Shahid Khaqan Abbasi has assets worth Rs. 60 million.

There are 12 billionaires in the National Assembly, per the ECP. PPP Chairman Bilawal Bhutto is one of the aforementioned billionaires. He owns assets worth Rs. 1.58 billion. The report showed that he has more assets in the UAE than in Pakistan. He owns 19 properties in Pakistan including over 200 acres of land, most of these properties and lands are inherited or gifted. The richest parliamentarian (excluding liabilities in the UAE) is Ihsan Bajwa, a PML-N politician hailing from Bahawalnagar. He possesses assets worth in excess of Rs. 4 billion. The second richest parliamentarian is PTI’s Noor Alam Khan, with assets worth Rs. 3.2 billion. 

Leader of the opposition, PML-N’s Shahbaz Sharif has assets worth Rs. 247.49 million. However, he declared liabilities worth Rs. 146.67 so his worth comes out to Rs. 100.71 million. Former President Asif Ali Zardari was shown to have assets worth Rs. 676.87 million, he owns property in Dubai and thousands of acres of agricultural land in Pakistan. 

The other billionaires in the National Assembly include Moonis Elahi of the PML-Q, Chaudhry Salik Hussain of the PML-Q, PTI lawmaker Mohammad Yaqoob Sheikh from Dera Ismail Khan, ANP’s Amir Haider Azam Khan Hoti from Mardan, PML-N’s Noorul Hasan Tanveer from Bahawalnagar, PTI’s Najib Haroon from Karachi, PTI’s Arbab Umar Amir Ayub from Peshawar and Minister for Power Omar Ayub, PTI lawmaker from Haripur.

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