Shahbaz the richest, Qaim the poorest chief minister

Punjab CM and wives own Rs520m worth of assets, while Sindh CM’s assets valued at Rs20m

ISLAMABAD: Judging by their declared assets, Shahbaz Sharif is the richest, while Qaim Ali Shah is the poorest of all provincial chief ministers. Shahbaz owns more assets than those of the three chief ministers’ combined, according to the asset details of provincial lawmakers released by the Election Commission of Pakistan on Tuesday.

The assets of Shahbaz and his two wives are worth Rs520.75 million. He owns two flats in London worth Rs147 million and Rs70 million shares in two factories, including Hudaibiya Paper Mills. He was also gifted a Toyota Land Cruiser worth Rs1.4 million. His net wealth is Rs240 million.



Interestingly, his wife Nusrat Shahbaz owns assets worth Rs277 million, including properties at eight different places in Kasur and Sheikhupura. His second spouse, Tehmina Durrani, owns assets worth Rs9.1 million.

Similarly, Khyber-Paktunkhwa chief minister Pervez Khattak is the second richest with Rs270 million assets. His wife also owns 53 tolas of gold worth Rs2.6 million and around Rs6 million in cash – Rs4.3 million in hand and Rs1.6 million in banks.

The declared assests of Balochistan Chief Minister Sanaullah Zehri are worth  Rs110 million while Sindh Chief Minister Qaim Ali Shah has assets worth Rs20 million, making him the poorest among his counterparts. Zehri’s predecessor Dr Abdul Malik Baloch owns Rs40 million assets.



Majority of provincial assembly members have mentioned immovable property in the name of their parents, spouses, or showed it as being inherited from ancestors.

Punjab Assembly’s Opposition Leader Mian Mehmoodur Rasheed owns assets worth Rs21.5 million, Law Minister Rana Sanaullah has assets of Rs50 million, Moonis Elahi, son of Punjab’s former chief minister Pervaiz Elahi, owns assets of Rs650 million.

Sindh Information Minister Sharjeel Memon reportedly own assets of Rs27.9 million.

Punjab MPA Rana Mashood Ahmad owns three plots in the name of his wife of Rs136 million. Besides, he also runs a business in Lahore with capital amount of Rs85million. He has 150 tolas of jewellery and Rs29 million in a bank – in the name of his spouse.

Sindh former chief minister Arbab Ghulam Rahim has a Land Cruiser of Rs12 million. He also owns buffaloes worth Rs33 million and goats worth Rs3.5 million.

Another member of the Sindh Assembly, Sharmila Faruqui owns 135 acres of land in Thatta. This land was a ‘gift’ from her mother while she also has 100 tolas of gold and gems inherited from her ancestors. Besides, 200 tolas of gold were also presented to her by her parents and in-laws on her marriage. She also owns Rs4.8 million in cash and bank account.



As per details, Sindh Assembly Speaker Shehla Raza has Rs11,000 in cash and Rs40 million in her bank. Raza has, however, avoided sharing other details of her assets.

PPP’s Owais Muzaffar has submitted a detailed report of his assets, which include agriculture land in Thatta and a house in Lahore. Apart from other businesses, he has invested 5.5 million UAE dirham in Barkat Investment, 9.5 million dinars in Dubai and 1.7 million dinars in Sudan.

In the K-P Assembly, PTI’s Ali Amin Gandapur owns assets worth Rs85 million. He has a bullet-proof vehicle worth Rs8million and gold worth Rs18 million.

Qaumi Wattan Party’s lawmaker Bakht Baidar has plots and apartments worth Rs27 million.

Sardar Hussain Babak of the ANP owns a Prado worth Rs3.2 million, 25 tolas of gold, 100 kanal agricultural land of Rs30 million and 200 kanal land worth Rs25 million.

Published in The Express Tribune, June 1^st, 2016.