Kakar owns 10 tolas of gold worth ‘Rs80K’

Dr Akhtar possesses plot in Karachi’s DHA costing ‘Rs125,000’


Our Corresondent November 17, 2023
Prime Minister Anwaarul Haq Kakar says all the registered political parties had legal and constitutional rights to canvass, mobilise people and attract public support. PHOTO: APP

ISLAMABAD:

Caretaker Prime Minister Anwaarul Haq Kakar claims to possess assets worth Rs48 million including 10 tolas of gold – the values of which he declared at an unbelievable figure of Rs80,000 – as well as a bungalow in Karachi’s posh neighbourhood of DHA costing only Rs4 million.

According to figures obtained by Express News, the interim premier owns 20 acres of inherited agricultural land worth Rs8 million. He also has shares costing Rs50,000 in the Pakistan Chagai Mining Limited and two bank accounts with deposits of around Rs20.20 million.

At his bungalow in Karachi’s DHA, Kakar has declared that he had furniture and other items valued at Rs400,000. The net assets declared by interim Federal Finance Minister Dr Shamshad Akhtar stood at Rs2.8 billion. She declared the value of a bungalow she owned in Karachi’s DHA Phase-VI at an astonishingly low price of Rs4 million. The interim minister claims that the bungalow was gifted to her by her father.

Read PM directs stakeholders to pursue SIFC initiatives to reap dividends

She also possesses a plot in Karachi’s DHA she declared at a price of Rs125,000 -- an unconvincing figure given that the real estate business in the neighbourhood has hit billions of rupees -- again gifted from her father.
Dr Akhtar bought Naya Pakistan Certificates costing a staggering amount of Rs2.79 billion and owned shares worth over Rs300.000 in the Pakistan State Oil.

The interim minister also invested a sum of Rs947,000 in the NAFA income Arif Habib Bank. Dr Akhtar also showed that she purchased treasury bills worth Rs109.6 million. She also had a sum of Rs24.1 million in her account at TDR Bank AL Habib.

She has gold worth Rs200,000 and Rs1.94 million in cash. She has declared her deposits in different banks at Rs3.92 million. The interim finance minister has declared the value of her furniture at Rs200,000. Caretaker Federal Information Minister Murtaza Solangi has declared his total assets at around Rs23.19 million. He owns a house costing Rs12.7 million. He has declared that his wife owns two houses in Islamabad worth Rs3.1 million.

Read more Kakar returns after completing KSA visit

Solangi has shares worth Rs25,000 in the SMC Private Limited while he owns a car costing Rs1.25 million.The interim federal information minister has claimed that he had four tolas of gold costing Rs70,000 and his wife had Rs1.8 million in cash.  Solangi claimed that he had Rs2.69 million in cash and Rs319,000 in his bank account. His wife has Rs157,000 in her bank account.

He has shown that he owns furniture worth Rs1 million. Interim Interior Minister Sarfraz Bugti has shown to the ECP that he owned a house in Multan spread over two kanals costing Rs10 million. Bugti has declared an apartment worth Rs2.5 million in Multan United Mall and a house costing Rs3.12 million in Islamabad. The caretaker interior minister has also revealed that he owned a plot worth Rs10 million in Quetta.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ