While Pakistan Tehreek-e-Insaf’s (PTI’s) top leadership declared their assets on the party’s official website last week, party chief Imran Khan finally declared his tax returns on Tuesday – which had remained conspicuously incomplete till then.
The tax returns were published on the website after a query from The Express Tribune asking why the tax returns were incomplete. An extra page was added, after which party leader Asad Umar said, “The tax returns issue has been solved now.”
The additional page stated that Imran paid Rs90, 421 income taxes in 2009, Rs1.85 million in 2010 and Rs0.32 million in 2011. The updated version further stated that the PTI chairperson has net assets worth Rs22.9 million and liabilities worth Rs0.38 million, in addition to the land he owns. However, he did not mention the worth of his 1,644 kanals of inherited land, located in Bhakkar, Khanewal, Sheikhupura and Islamabad.
Significantly, Imran stated in his recent assets statement that the 300 kanals of land he owns in Islamabad was inherited, although he has said in the past during a press conference that this piece of land was purchased.
Meanwhile, an official of the Election Commission of Pakistan (ECP) told The Express Tribune that Imran had submitted an assets declaration statement of Rs50.62 million in NA-71, Kundian, Mianwali in 2002.
As per tax returns, Imran had declared Rs73 million worth in assets and two banks accounts in 2004 and Rs81.5 million in 2005, according to the Federal Board of Revenue’s documents distributed by Pakistan Muslim League-Nawaz (PML-N) leader Chaudhry Nisar Ali Khan at a press conference last month. Nisar further told the media that PTI chairman’s assets decreased to Rs34.5 million in 2006.
PTI Central Information Secretary Shafqat Mehmood, while clarifying Imran’s statements regarding his assets, said, “Imran Khan’s assets posted on the website are authentic and there is no contradiction at all.”
Regarding the 300 kanals of land in Islamabad, Mehmood said Imran’s former wife Jemima Khan bought this property and said it was registered in her name. “So the ownership does not fit the basic description of a benami property,” he explained in a statement.
PTI is the first political party whose top leaders have declared their assets and posted the party’s assets statement on their official website.
Published in The Express Tribune, August 29th, 2012.