The total value of assets of former president and co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari is around Rs758.66m.
According to the statement of assets for the financial year 2016-17 submitted with his nomination papers, the worth of Khan’s assets has registered more than a twofold increase to reach Rs3.8bn in one year, as it stood at Rs1.4bn in 2015-16, making him the richest politician in terms of declared wealth.
Over one dozen properties owned by Khan include his 300-kanal residence in Islamabad’s Banigala, a family home in Lahore’s Zaman Park and 168-acre agricultural land and an apartment in diplomatic enclave.
In Pakistan a kanal is a unit of land area that is generally considered equal to 5,400 square feet, although in Lahore it is 4,500 square feet.
His sources of income include earnings from agriculture, bank profit, and salary.
Maryam Nawaz, former prime minister Nawaz Sharif’s daughter who entered politics following the disqualification of her father and is now set to make her debut in electoral politics, owns assets worth over Rs840mn.
According to the details of her assets annexed with her nomination papers, she holds shares in Chaudhry Sugar Mills Limited, Hamza Spinning Mills Limited, Mohammad Bukhsh Textile Mills Limited, Hudaibya Papers Mills Limited, and Hudaibya Engineering Co Private Limited.
She owns 1,506 kanal of irrigation land, invested Rs3.4mn in her family’s flour mills, and gave a loan worth Rs7mn to Soft Energy Private Limited.
She owns jewellery worth Rs1.7mn.
Her brother Hasan Nawaz, who resides in the UK, has given her a loan of Rs20mn, while she also received Rs40mn as gifts.
Meanwhile, former military ruler retired General Pervez Musharraf does not own any immovable assets in Pakistan, but he has an apartment, valued at Rs90mn, in the UAE.
The five properties in Pakistan in his wife’s name, Sehba Musharraf, include a farmhouse in Islamabad’s Chak Shahzad valued at Rs23.75mn, a house in DHA (Defence Housing Authority) Karachi worth Rs5mn, two shared plots in DHA Karachi as well as a shared property in DHA Islamabad.
The former army chief also holds Rs21mn in three of his eight accounts – one of which is his pension account as former army chief – in Rawalpindi and Islamabad, according to details of assets submitted with his nomination papers.
Half of the eight accounts are joint accounts with his wife.
Apart from the bank accounts, which were frozen on a court order, the only assets in Pakistan declared by the former ruler are two 2008-model SUVs, which are valued at Rs13mn.
His declared assets besides the apartment in South Ridge, downtown Dubai, are two vehicles there worth Rs13mn.
Besides the immovable property, his wife owns three Toyota jeeps and two Toyota Hiace vehicles valued at Rs24mn.
Her jewellery and furniture are worth Rs6.5mn.
Paramilitary forces sought at PTI chief’s residence
The capital administration has sought the deployment of Rangers at the Islamabad residence of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan, officials of the police and capital administration said.
The capital administration has sent a request to the interior minister in response to a demand made by the capital police.
The Islamabad Capital Territory (ICT) police told the administration that more than 700 protesters who had gathered in front of Khan’s house could put life and property at risk there.
“It is requested that the Rangers Sector Commander may be approached and requested to deploy 300 personnel in aid of the police to perform duty at the house,” the police added.
The PTI workers from Punjab and Khyber Pakhtunkhwa (KP) have been protesting outside the Khan residence at Banigala since June 3 over the distribution of party tickets for the upcoming general election.
They staged a sit-in a few yards away from the residence.
On Monday, the capital police took over the security duties at the residence, replacing private security guards.
Four police reserves, each comprising 25 personnel, are guarding the Banigala residence.
Dozens of police officers were also deployed at the road leading to the house.
A number of police reserves and anti-riot units were also put on standby.