Electoral transparency: Lifestyles of the rich and famous

Published: January 4, 2014
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A study of the assets declaration of top provincial leaders puts Pakistan Tehreek-e-Insaf’s Pervez Khattak at the top with 19 immovable properties worth Rs221.24 million. PHOTO: ONLINE

A study of the assets declaration of top provincial leaders puts Pakistan Tehreek-e-Insaf’s Pervez Khattak at the top with 19 immovable properties worth Rs221.24 million. PHOTO: ONLINE

PESHAWAR: 

Among the bigwigs of the Khyber-Pakhtunkhwa (K-P) government, Chief Minister (CM) Pervez Khattak is among the haves whereas his own senior minister from Jamaat-e-Islami, Sirajul Haq, is among the proverbial have-nots.

A study of the assets declaration of top provincial leaders, available at the Election Commission of Pakistan’s (ECP) website, puts Pakistan Tehreek-e-Insaf’s (PTI) provincial chief executive at the top with 19 immovable properties inside Pakistan worth Rs221.24 million. Khattak’s declaration does not list any foreign properties or movable assets, along with zero investment in stocks, bonds, saving schemes, unsecured loans and mortgages.

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All in all, as of June 30, 2013, the CM owns a Toyota Corolla worth Rs1.367 million, Rs147, 883 in four bank accounts, one of which is in his wife’s name and cash worth Rs260,513. Meanwhile, the province’s first lady owns 53 tolas of gold worth Rs2.62 million, has Rs137,080 in a bank account under her name and Rs2.8 million separately in a joint account with Khattak. She also owns Rs300,000 worth of furniture and fittings. Moreover, Khattak has transferred around Rs5.5 million worth of assets to his relatives.

Similarly, the provincial leader of the Qaumi Watan Party, which recently ended its honeymoon with the PTI-led coalition government, Sikandar Hayat Sherpao’s total assets are worth over Rs120 million. Sherpao has listed two properties in Islamabad and agricultural land in Charsadda worth Rs7.1 million. He has also declared a house (now sold) in Hayatabad and a share in liquefied petroleum gas (LPG) business with his brother. Other assets include three cars worth Rs11 million, Rs42 million worth of cash and prize bonds, and around Rs60 million in various bank accounts. Moreover, assets worth Rs6.3 million have been listed under his wife’s name.

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Opposition Leader in K-P Assembly Sardar Mehtab Ahmed Khan Abbasi has declared his total assets worth Rs17.71 million. Abbasi, who belongs to the Pakistan Muslim League-Nawaz and is a former chief minister of the province, owns three properties worth Rs6 million inside the country, about Rs1.1 million worth of movable assets, a car worth Rs1.3 million, jewellery worth Rs0.5 million and about Rs7.9 million in cash and in banks. The leader from the Hazara belt has also listed around Rs0.75 million worth of furniture and Rs35,500 worth of arms and ammunition.

Another opposition leader, Jamiat Ulema-e-Islam-Fazl’s Maulana Lutfur Rehman has listed two residential properties and agricultural lands in DI Khan worth Rs8.5 million. Rehman also owns around Rs0.45 million in prize bonds, 50 tolas of gold in his wife’s name, Rs1 million worth of furniture and other household items. Moreover, he has over Rs7.7 million in four bank accounts along with a vehicle.

Meanwhile, the former ruling party’s parliamentary leader, Sardar Hussain Babak of the Awami National Party (ANP), has listed three properties worth Rs58 million in Pakistan, all of which are in his father’s name. The ANP leader does not own a vehicle and has Rs0.1 million worth of cash and Rs0.8 million in the bank, along with 25 tolas of gold.

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Last, and apparently the least, K-P Finance Minister Sirajul Haq has proved his ‘awami’ persona by listing about 12 kanals of joint agricultural lands as his sole property, besides shares in private schools in Khal, Lower Dir and Rs50,000 in cash and bank accounts. The finance chief of the province does not own a car.

Published in The Express Tribune, January 4th, 2014.

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Reader Comments (10)

  • Aam Aadmi
    Jan 4, 2014 - 7:04PM

    Wow! I am surprised at the wealth of “middle class” Chief Minister of PTI.
    This is indeed a “Tabdeeli” when the Book Value of the assets of a middle class party representative is more than Rs 221 Million. I wonder what will be the Market Value of those assets when his party is in power!
    What a hypocrisy of PTI & its Tsunama !!

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  • shahid bangalore
    Jan 4, 2014 - 9:16PM

    Still, the value of Khattak’s entire assets is less than the value of 300 kanal Bani Gala Palace. Surprisingly, every high priced asset in Khan’s ownership was “gifted” to him.

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  • Khalid
    Jan 4, 2014 - 9:20PM

    @Aam Aadmi:
    For God sake, Give it a rest. What about Zardari, Nawaz, Shahbaz, Fazal, Altaf etc,,, where did they bring their wealth from????? I’m just an ordinery person and have inhirited land of more than what Khatak has… Be real and please support some who is trying to be honest and trying to build your country not like the ones taking its properties abroad…….

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  • Ahmed
    Jan 5, 2014 - 12:01AM

    PTI is the only party that have declared their assets and that why et is reporting it but they they have not reported on the assets of other Chief Ministers who belong to PPP & PMLN and reason is PPP & PMLN is hiding their assets. at least et should ask why CM Punjab and CM Sindh is hiding their assets.

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  • Frank Observer
    Jan 5, 2014 - 4:29AM

    Another anti-PTI article. ET – carry on pleasing your bosses in Raiwand and Bilawal House as you are currently a money addict and will do whatever it takes to justify your remuneration package from your masters. However, your actions will not bring any fruitful outcome as I regularly speak to people in KPK, and they are extremely happy with PTI. Change is evident and people are content with PTI’s performance. I challenge you to do a live show from KPK and I can tell you with conviction that you will get the vast majority of people speaking in favour of PTI. Times have changed, and only the fools and money addicts here will believe what you write, the rest know the ground reality as well as your intention and agenda.

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  • Ch. Allah Daad
    Jan 5, 2014 - 5:00AM

    @Khalid:
    Please don’t bracket Mian Nawaz Sharif with Zardari, Fazal, Altaf and Imran. Mian Nawaz Sharif belongs to a business family which made fortunes in industries and trade. It has business ventures in Midlle East, Europe and Far East, whereas others in list have made fortunes through unknown methods.

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  • playing
    Jan 5, 2014 - 7:55AM

    Pti is still running election campaign, when they start lookingafter to the job given by the people of KPK.

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  • A Peshawary
    Jan 5, 2014 - 10:52AM

    @Khalid:
    Ordinary people have no inheritance. If you have inherited more than PK then you should contest election and become extra ordinary.

    Please stop beating the old drums and no more lectures on honesty and morals we share the same world of pains and sorrow around us.

    A Peshawary

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  • Asad K Shaikh
    Jan 5, 2014 - 10:55AM

    Pity at the comments I see here. Its not like Khattak has illegally acquired these properties. As long as its legal it doesnt matter how much worth they are. But do not forget to question the corrupt e.g Zardari, Nawaz, Altaf etc to name a few.

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  • manqul
    Jan 5, 2014 - 7:33PM

    It is good to Politicians to declare assets. It should be made the law.

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