Imran used hospital funds in real estate speculation: PML-N

The PTI chief denied the allegations.


Our Correspondent August 02, 2012

ISLAMABAD:


Pakistan Muslim League-Nawaz (PML-N) top leader Khawaja Asif blamed Imran Khan of speculating in Dubai real estate with the donations he had collected for his charity hospital for cancer patients.


“Imran Khan had transferred Rs4.50 billion outside the country from Shaukat Khanum Memorial Hospital (SKMH) accounts,” alleged Asif at a press conference.

Imran Khan’s Response

The PTI chief denied the allegations. “Endowment fund is meant for investment and our fund of 30 million dollars is a guaranteed amount and contains not a single penny from Shaukat Khanum’s Zakat fund,” Khan said. He said that the endowment fund uses this money for investment and earns profit on it.

Published in The Express Tribune, August 2nd, 2012.

COMMENTS (8)

shak | 8 years ago | Reply

maybe its just me.............how hard is it for people to understand that what imran khan did is perfectly legal and every not-for-profit does this.......for everyone questioning imran khan please read up on endowment funds and what they do, Agha Khan Hospital does the exact same thing I personally work with them to invest in FOREIGN investments and currencies.

Mohd Butt | 8 years ago | Reply

@Umar Khan: Dear umar khan, decision to invest zaka collection through offshore company to gain profit is not business then what it is, trying to be businessman which he can not be in million years, why he is good only in begging for zaka, charity's does not have vision, courage to be a businessman, cheap try of zaka funds, collected on Allah name for poor Pakistanis. God will punish his and you will see it with your eyes. Zaka stealing is big crime in Islam.

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