Another day, another auction: 49 vehicles on display at PM house
Such auctions have become a regular feature of PTI's austerity optics
A man writes down the details of a government owned car on sale during an auction at the premises of PM house in Islamabad, Sept 17 2018. PHOTO:REUTERS
The government on Wednesday will auction 49 additional Prime Minister House vehicles as part of the Pakistan Tehreek-e-Insaf (PTI) government's austerity drive, Radio Pakistan reported.
Vehicles auctioned include 19 bullet-resistant vehicles. 61 luxury cars were earlier auctioned in September.
PM House buffaloes auctioned as 'austerity' drive continues
Talking to reporters, the PM House administrator said the bidding price included import tax and the buyers will only have to pay withholding tax on the vehicles.
The official added that the cost of the vehicles which did not fetch any buyers will once again be calculated by the Federal Board of Revenues (FBR), hinting at a fresh auction of remaining vehicles.
After the first auction, PTI claimed on Twitter that three 2015 model Land Cruisers V8 were sold for Rs 27.4 million, Rs 26.5 million and Rs 26.1 million respectively.
Federal Minister Fawad Chaudhry had informed reporters that the first batch of cars were sold above their market price, saying money fetched from these cars will be deposited in the national exchequer.
Govt commences auction of 102 PM House luxury cars
The government also managed to raise more than Rs2.3 million from a buffalo auction also held at the PM house. The highest bid for a buffalo was Rs385,000 and three of the cattle were bought by PML-N supporters.
Vehicles auctioned include 19 bullet-resistant vehicles. 61 luxury cars were earlier auctioned in September.
PM House buffaloes auctioned as 'austerity' drive continues
Talking to reporters, the PM House administrator said the bidding price included import tax and the buyers will only have to pay withholding tax on the vehicles.
The official added that the cost of the vehicles which did not fetch any buyers will once again be calculated by the Federal Board of Revenues (FBR), hinting at a fresh auction of remaining vehicles.
After the first auction, PTI claimed on Twitter that three 2015 model Land Cruisers V8 were sold for Rs 27.4 million, Rs 26.5 million and Rs 26.1 million respectively.
Federal Minister Fawad Chaudhry had informed reporters that the first batch of cars were sold above their market price, saying money fetched from these cars will be deposited in the national exchequer.
Govt commences auction of 102 PM House luxury cars
The government also managed to raise more than Rs2.3 million from a buffalo auction also held at the PM house. The highest bid for a buffalo was Rs385,000 and three of the cattle were bought by PML-N supporters.