Disclosed assets: The MNA couple in a deep hole of debt

The liabilities declared by all members of lower house add up to Rs2.9b.


Zahid Gishkori May 14, 2012

ISLAMABAD: The assets declarations submitted by Parliamentarians to the Election Commission of Pakistan (ECP) revealed that some lawmakers were in high debt. Some of them have liabilities worth millions of rupees which collectively add up to Rs2.9 billion.

Although a majority of Members National Assembly (MNAs) did not disclose their liabilities, some of them informed the ECP that their outstanding debts were in millions or billions, owed either to the government or to private organisations.

MNA Asma Alamgir, wife of Federal Minister for Communication Dr Arbab Alamgir Khan, stated that she had liabilities of Rs1.7 billion; while her property’s present worth is Rs1.68 billion. Asma, who has the highest price of declared property among female MNAs, did not mention details of her assets and liabilities. Her husband Arbab Alamgir disclosed Rs1.7 billion liabilities while declaring that he owned assets worth Rs130 million only. The couple are the only husband-wife pair in parliament, both of whom are in high debt.

MNA Muzaffarul Mulk is the only lawmaker who informed the ECP that he got written off loans worth Rs8.3 million from a government bank. He owned property worth Rs220 million.

The full list of parliamentarians and their declared liabilities-assets are listed below:

MNAs Roshan Junejo has liabilities of Rs11 million,

Sufan Yousaf has liabilities of Rs23 million,

Tanzeela Amir Cheema has liabilities Rs21.3 million,

Arif Aziz’s liabilities are Rs11 million,

Khwaja Saad Rafiq’s liabilities are Rs40 million,

Mazhar Hayat’s liabilities are Rs0.4 million,

Saeed Ahmed’s liabilities are Rs27 million,

Rana Ishaq liabilities are Rs15 million,

Mian Jehmagir Wattoo liabilities are Rs10 million,

Mausab Dogar liabilities are Rs2.3 million,

Riasat Ali Khan’s liabilities are Rs8 million,

Ashiq Bokhari’s liabilities are Rs1 million,

Fareed Khathia’s liabilities are Rs0.7 million,

Zahid Iqbal’s liabilities Rs4 million,

Malik Nauman’s liabilities Rs5 million,

Hamid Yar Hiraj’s liabilities are Rs3.7 million,

MNA Rashid Akbar’s liabilities are Rs1.3 million,

Asia Nasir’s liabilities Rs12.5 million,

Tariq Bajwa’s liabilities are Rs1 million,

Nawab Sher’s liabilities are Rs2 million,

Asim Nazir’s liabilities are Rs49.7 million,

Saeed Iqbal’s unsecured loans are Rs47.5 million,

Pervez Malik’s liabilities are Rs3million,

Rohale Asghar’s liabilities are Rs1.5 million,

Asif Tauseef has unsecured loans of Rs5.5 million,

Ijaz Virk has liabilities of Rs15.5 million,

Abid Sher Ali has liabilities of Rs40.1 million,

Farkhand Amjad has liabilities worth Rs0.6 million,

Tassudiq Masood Khan has liabilities worth Rs22 million,

Tariq Tarar has liabilities worth Rs1 million,

Khwaja Asif’s liabilities of Rs191 million including liabilities of his wife,

MNA Zahid Hamid has liabilities worth Rs4.5 million,

Eng Tariq Malik has liabilities of Rs32 million for business, contractors

Murtaza Javed Abbasi has liabilities of Rs5 million,

Liaq Muhammad Khan obtained loans of Rs1 million from NBP,

Abdul Malik has liabilities of Rs0.4 million,

Noorul Haq Qadri has liabilities of Rs18.8 million,

Sheikh Aftab liabilities of Rs3 million,

Saleem Haider has liabilities worth Rs3 million,

Majeed Khan has liabilities of Rs3 million

former MNAs Amir Muqam who owned property of Rs270 millions have liabilities of Rs282 million,

Awais Leghari liabilities Rs87 million

COMMENTS (2)

shazada zahid mahmoud malik loan | 11 years ago | Reply

This is interesting since if they have debts, and in some cases those debts have been written off, how come they are still MNAs. This does not make sense - they should be prosecuted and barred from re-election. The Pakistani society and political and social system has gone mad.

Aftab Kenneth Wilson | 11 years ago | Reply

This means they all qualify for Benazir Income Support ......

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