Politicians declare assets: ‘Gilani, Shahbaz own no cars purchased by themselves’

Published: May 8, 2012
Assets declaration submitted to ECP shows what top politicians claim is their net worth. PHOTO: EXPRESS/FILE

Assets declaration submitted to ECP shows what top politicians claim is their net worth. PHOTO: EXPRESS/FILE


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.

Published in The Express Tribune, May 8th, 2012.

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Reader Comments (42)

  • Asad
    May 8, 2012 - 9:18AM

    Shahbaz Sharif asset increase from 94 million to 210 million. Please tell us how you increase your wealth by more than 120% in one year. Is it possible without corruption???


  • The Patriot
    May 8, 2012 - 9:32AM

    Mashahallah!!!!! Allah Nazr Nah Lagay……..


  • Disco
    May 8, 2012 - 9:45AM

    Welcome to democracy, Pakistani style


  • Yuri Kondratyuk
    May 8, 2012 - 9:54AM

    Even Al Capone lived in a luxury hotel that he did not own


  • Eeman
    May 8, 2012 - 9:54AM

    Mash’Allah! Rich rulers of poor population.


  • siddique
    May 8, 2012 - 9:55AM

    shame on these politician .having billions dollar


  • Sarcastically yours
    May 8, 2012 - 10:00AM

    oh you poor souls..

    Khadim – e – AAlA should launch “SASTA CHING CHEE’ (QUINQI) scheme for our deprived politicians…

    may be a bullet proof version will catch their fancy :)


  • May 8, 2012 - 10:03AM

    lol. that’s some good humor.


  • Moosa Khan
    May 8, 2012 - 10:22AM

    Rich rulers, poor citizens. A perfect example of uphill (over)-flow. All their monies can make the country debt free. I really miss my Quaid-e-Azam. :(


  • Mr. Honest
    May 8, 2012 - 10:22AM

    sham democracy…


  • Imran
    May 8, 2012 - 10:22AM

    What favor did Shahbaz Sharif return for the gift of land cruiser? In modern world, such gifts are considered bribe. Supreme Court any suo motto of this self confession?


  • Pawail Qaisar
    May 8, 2012 - 10:25AM

    Haye, bechaare.

    Gillani sahab, I bought a car from my savings…but I want you to have it. I can’t bear the thought of my ‘beloved’ Prime Minister not even owning his own car.


  • Fahad
    May 8, 2012 - 10:26AM

    See that MQM people are not in the list?? Is that co-incidence or its truth what our Chief Justice SC said that they give poor people right to excel in politics. Kudos MQM if thats true!


  • RizwanTKhan
    May 8, 2012 - 10:30AM

    Joke of the Century. This shows the sincerity of these politicians towards their die hard workers. Pakistani nation deserves such immoral politicians.


  • Sam
    May 8, 2012 - 10:32AM

    they have so much money in banks they should spend it on human development.


  • Asad
    May 8, 2012 - 10:44AM

    Look like Noor Alam Khan is the only honest parliamentarian in our country by declaring his correct assets.


  • Usman Aftab
    May 8, 2012 - 11:02AM

    Their net assets run easily into billions of rupees. Definitely under-declared!


  • Ammar Khan
    May 8, 2012 - 11:03AM

    Corruption .. LIKE A BOSS !


  • Amir Wayn
    May 8, 2012 - 11:10AM

    May Allah give them more !


  • Asim
    May 8, 2012 - 11:17AM

    The Multi-billionaires owns no car bought by themselves… their supporter got to have the guts to face reality and stop taking those sleep tablets like 81, Lexotenel, Avel etc… and wakeup to face reality. They’re into politics for money and money only.


  • Tariq
    May 8, 2012 - 11:27AM

    Pakistan tax to GDP ratio of 8.5% , lower than even African Countries , In Developed Countries its between 30-40% , in Scandinavian countries its between 40-50%. Whole country is being Run on borrowed Money. When we have such Rulers , who is going to pay Taxes??


  • poor pakistani
    May 8, 2012 - 11:45AM

    All those politicians who have declared their assets are corrupt, they have deceived their people and made money. They have gone rich making people poor.they have not shown their real wealth. they are cheaters and we must reject them and revolt against through ballot.


  • Naumann Malik
    May 8, 2012 - 11:51AM

    120% increase…this is absolutely not possible, without corruption…Recommend

  • Hashim Khan
    May 8, 2012 - 11:58AM

    If you’re not corrupt, You’re not a good politician. All Politicians are corrupt.


  • Taz100
    May 8, 2012 - 12:22PM

    Lol…..And then shahbaz becomes the epitome of being Mr.Cleanest!


  • Zabandraz
    May 8, 2012 - 12:22PM

    Last year they were on the list and their wealth had also doubled in a years time!!!!


  • DevilHunterX
    May 8, 2012 - 12:26PM

    All rich politicians should be fired since they don’t represent the majority of Pakistan.


  • Abbas
    May 8, 2012 - 12:53PM

    Corruption a mere perception than reality. Consider the institutionalized corruption in the main pillars of state as well. Set the media goggles aside, which only promotes populism rather than the reality, and research the root causes. Atleast you people are among the only five percent population who read English papers in Pakistan, you people have the access and the ability to think out of the box.


  • Lobster
    May 8, 2012 - 12:54PM

    “the premier avoided making the assets of his spouse public”

    How can one avoid a law? It should be corrected to “Gillani as usual violated the law which enforces every member of assembly to declare his assets”


  • Mohsin
    May 8, 2012 - 1:00PM

    As long as foolish and stupid people are alive, wise won”t die of hunger!


  • iftikhar
    May 8, 2012 - 1:06PM

    the voters of these corrupt politicians must be very happy by reading this cuz they have enabled them to do so and everyone knew their character and plans before the election, well done guys keep it up. u should vote them again so they can make themselves included in the top richest people in the world. what a shame and what a nation it is, amazing, isn’t it?


  • Meekal Ahmed
    May 8, 2012 - 2:01PM

    I am interested in how much tax they paid.


  • Aftab Kenneth Wilson
    May 8, 2012 - 2:20PM

    What about missing 38 billion in Punjab, where are they gone? I can guess they are with big brother which he will declare in the coming elections if they are ever held.


  • JD
    May 8, 2012 - 2:48PM

    Dear Pakistanis (including me) – now THAT…. used to be your money.


  • Malik
    May 8, 2012 - 3:30PM

    Even Diesel owns 50 million lol


  • May 8, 2012 - 5:09PM

    Requirement of ECP that all members declare their asset is a FARCE because it does not ask for the source of those assets.


  • Tanzeel
    May 8, 2012 - 9:38PM

    Every name mentioned in the list above is corrupt and eating up tax payers money. Except ofcourse Jehangir Khan Tareen, he is a hard working bread earner.

    and I am trying to be sarcastic.


  • Mirza
    May 8, 2012 - 11:14PM

    The news says “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.”

    What a rich family the CM got. Where did one of the housewifes got that much money. In addition, how much income tax these people have been paying for the last several years? Being rich is not a crime, but not paying taxes is. In an Islamic country with this much poverty and suffereings how some accumulate this kind of money? Yet they call themselves great Muslims.


  • Imran
    May 9, 2012 - 6:10AM

    How much zakat our billionaire “khadim-e-aala” has given out?


  • May 9, 2012 - 8:14PM

    Keep it up!
    If we were there we will do the same but may more then them.
    Nobody is fair in our beloved pakistan, from its early days all of the politicians collecting money but still we have a country.
    Who is running her? I mean pakistan.


  • Fauzan Naeem
    May 11, 2012 - 11:27AM

    Our tax money for their generations to enjoy


  • jazzuberi
    May 11, 2012 - 11:33AM

    Their should also be a column for all the taxes paid by individuals ie Income Tax, Property Tax, Agriculture tax and wealth tax


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