Home Page
NewsPoliticians declare assets: ‘Gilani, Shahbaz own no cars purchased by themselves’
08 May 2012
Politicians declare assets: ‘Gilani, Shahbaz own no cars purchased by themselves’


The annual declaration of assets and liabilities to the Election Commission of Pakistan (ECP) shows that the net worth of assets belonging to both Punjab Chief Minister Shahbaz Sharif and Prime Minister Yousaf Raza Gilani have increased.
Shahbaz’s assets witnessed a tremendous increase of over 100% during the financial year 2011-12.
While the net worth of Prime Minister Yousaf Raza Gilani’s own assets crossed the Rs20 million mark for the first time this year, the assets declared by one of his sons, Abdul Kadir Gilani, a member of the Punjab Assembly, are much more than the premier’s himself.
On the other hand, Shahbaz in his annual declaration stated that the total worth of his assets now stands at Rs210.4 million. For the fiscal 2010-11 he had declared that the
total worth of his assets and liabilities was Rs94.3 million only.
Still, the declared value of his own assets is less than the values of assets he declared for one of his wives, Nusrat Shahbaz – a housewife.
Shahbaz owns only one vehicle according to the form, and this too was a gift – a Land Cruiser.
Hamza Shahbaz, son and political heir of Shahbaz Sharif, declared that the total worth of his own assets and liabilities stand at Rs213.7 million while his wife Mehrunissah Hamza owns assets worth only Rs2.5 million. Hamza, however, left the column pertaining to vehicle ownership vacant.
Meanwhile, according to the prime minister’s declaration, the only business transaction he had during the whole year was the purchase of three acres of agriculture land in Hamidpur Kanora, in his native town Multan, priced at Rs4.8 million. The premier claimed that he purchased this land out of savings and cash in hand.
Despite having a fleet of official vehicles used for his protocol, PM Gilani is among those political leaders of the country who do not have a car of their own, according to his assets declaration.
Under the law, lawmakers are required to submit the statement of assets of their spouses and dependent members of the family. However, the premier avoided making the assets of his spouse public for the first time since he took up his office.
Ali Musa Gilani, the prime minister’s younger son who is currently facing corruption charges, did not have to declare his assets as he has been in office as an MNA for less than a year.
Eldest son Abdul Kadir Gilani, on the other hand, who is a member of the Punjab Assembly, has assets worth millions of rupees. Though he did not count the total worth of his assets, he has mentioned the value of some of his properties where their purchasing cost and present value are exactly the same, raising question marks as to when they were purchased.
Besides other properties and vehicles, he owns an imported bulletproof vehicle which according to his declaration is valued at Rs12.8 million.
Other politicians
Noor Alam Khan, a PPP member of the National Assembly from Khyber-Pakhtunkhwa is apparently the richest parliamentarian in the country who declared that his assets are worth over Rs32 billion – thanks to the appreciation of value of his ancestral land in prime locations of Peshawar.
Other billionaires in the lower house of the parliament include Mehboobullah Jan (PPP), Shahid Khaqan Abbasi (PML-N) and Jehangir Khan Tareen (PTI).
Usually, members either do not declare their real assets or they undervalue their assets. Under the law, ECP annually publishes the assets of all the members of Senate as well as the national and provincial assemblies but it has no mechanism to counter-check the details provided by these lawmakers.
The net worth of assets of some other leading National Assembly members are: Federal Minister for Railways Ghulam Ahmed Bilour Rs1.7 billion, ANP Chairman Asfandyar Wali Khan Rs32 million, Foreign Minister Hina Rabbani Khar Rs14 million, Minister for Water and Power Naveed Qamar Rs32 million, Federal Information Minister Qamar Zaman Kaira Rs20 million, Federal Minister Firdous Ashiq Awan Rs46 million, Defence Minister Ahmed Mukhtar Rs51 million, JUI-F chief Maulana Fazlur Rehman Rs50 million and Faryal Talpur Rs116 million.

Source: tribune
NewsSee Also in Political News
Blackmailer in Lahore Who Filmed Porn Videos Arrested By FIA
19 October 2016

Federal Investigation Agency (FIA) has recently arrested Azhar Safdar, a blackmailer, for posting sexual videos of women along with illicit pictures on social media accounts. The culprit, son of Muhammad Safdar, was arrested last night according to the details made public. TheFIA?s cybercrime circle set up only a month ago which has overlooked thousands of cybercrime incidents. Some of the culprits have already been arrested and are awaiting court orders. Those proved guilty of blackmailing ... Full Story
PTV earned no profit in last three years, Senate told
15 October 2016

ISLAMABAD - The Senate was told Tuesday that Pakistan Television (PTV) has not earned any profit in the last three years mainly because of pension benefits of the retiring staff. ?The main reason for not earning profit is actuarial valuation (pension plan) entries which are incorporated on the recommendation of Statuary Auditors and Board of Director,? Minister for Information and Broadcasting Pervaiz Rasheed (pictured) said during the question hour. ?These entries relate to retiring staff ... Full Story
IMF denies giving Ishaq Dar Finance Minister of the Year award
14 October 2016

ISLAMABAD: The Emerging Markets newspaper does not belong to International Monetary Fund, said Harald Finger, the IMF?s Mission Chief to Pakistan on Thursday amid new revelations that five state-owned firms partially funded the publication?s latest edition. Last week, the newspaper conferred Best Finance Minister of South Asia Award to Ishaq Dar and Best country in South Asia in infrastructure development to Planning and Development Minister Ahsan Iqbal. Government functionaries jumped to ... Full Story
A welcome step from KP: Exams being designed to do away with Ruttafication...
14 October 2016

The Khyber Pakhtunkhwa elementary and secondary education department has decided in principle to introduce a new examination system for fifth and eighth grades in the ... Full Story
Lal Masjid warns Nawaz government against release of Asia Bibi
13 October 2016

ISLAMABAD: As the top court is set to hear Aasia Bibi?s appeal against her death penalty on Thursday, Islamabad?s Lal Masjid has warned against her ?possible? release. Bibi, a ... Full Story
These Pakistanis are among 500 most influential Muslims
10 October 2016

Prime Minister Nawaz Sharif, Chief of Army Staff General Raheel Sharif and Abida Parveen have been featured on the ?World?s 500 Most Influential Muslims? list 2017. Published by ... Full Story
Punjab police seek KP-like powers for their chief
10 October 2016

LAHORE: Police Service of Pakistan (PSP) officers, whose majority prefers to work in Punjab because of relatively better law and order situation, desire Khyber Pakhtunkhwa (KPK) ... Full Story
Needs 7,138 signatures by October 27, 2016 to get a response from the White House
08 October 2016

India is involved in spreading terrorism and in bloody proxy wars against it's adjoining countries particularly Islamic Republic of Pakistan, especially in the province of ... Full Story
NAP- related police operation stopped after raids on PML-N UC chairmen outhouses
08 October 2016
Imran's is not an empty threat: Ayaz Amir
05 October 2016
Reham Khan writing an "explosive book" to tell the "truth" about Imran
26 September 2016
Power outages planned to be cut by half from November
24 September 2016
Millions of Rupees Embezzled from PM?s Loan Scheme
22 September 2016
Bahamas files leaks expose politicians' offshore links
22 September 2016
PTI central leadership decides Raiwind March is must
15 September 2016
Dacoits Attacked This Man From Lahore on Motorway, The Way Police Reacted Will Leave You Speechless
10 September 2016
To fight tax dodging, Denmark will buy leaked Panama Papers
08 September 2016
Obama nominates Pakistani-American as first ever Muslim federal judge
07 September 2016
Reshma Qureshi: From Acid Attack Survivor to a New York Fashion Model
07 September 2016
Pakistan lagging behind education targets by over half century - UN
06 September 2016
In A World Going Mad, A Pakistan Air Force Pilot Set An Example And Helped IAF Pilot Nachiketa Escape Torture!
06 September 2016
Hamza Ali Abbasi's Reply to the Additional Secretary Prosecution and GoP
06 September 2016
Toss Up - Momina Mustehsan
05 September 2016
US general praises PAF pilots' skills
05 September 2016
Ten-month-old girl raped in India's capital
05 September 2016
Privacy Policy: We use third-party advertising companies to serve ads when you visit our Website. These companies may use information (not including your name, address email address or telephone number) about your visits to this and other Web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.

Disclaimer: is not responsible for any content linked to or referred to from these pages. All videos, live tvs, blogs or video links point to content hosted on third party websites or members. We are using third party links for live tvs. Users who upload these videos or blogs agree not to upload illegal content when creating their user accounts. does not accept responsibility for content hosted on third party websites or by the members. If you have any questions please contact us.
Copyright © 2000-2016 All rights reserved unless where otherwise noted.