Today is the last date for members of the Senate, National Assembly and four provincial legislatures to file their yearly statements of assets and liabilities of their own, their spouses and dependents.
By Monday evening only 30% of the lawmakers had submitted their asset declarations. Of a total strength of 1,174, only 360 members have submitted their declarations. They comprised 55 out of 104 senators, 140 out of 342 National Assembly members, 63 out of 371 Punjab Assembly members, 53 of the 168 members of Sindh Assembly, 34 out of 124 members of K-P assembly and 15 out of 65 members of Balochistan Assembly.
On September 26, ECP had said that it has received the asset details of Prime Minister Nawaz Sharif.
On July 9, the poll body had issued a notification, asking all lawmakers to submit details of their assets by September 30.
ECP had said that if lawmakers fail to submit the details, their membership from the relevant assembly would be suspended.
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Putting this list may not be enough unless the parliament passes laws to deal with conflict of interest..... doing personal business while in public office is a big offence
Bill Clinton had sever his business ties when Hilary was nominated for secretary of state and Margret Thatcher sent her son away to US when she became prime minister of Britain.
How assets are valued? I visited www.ecp.gov.pk and read about the assets declared by MNA which is quite fine but my question is as to how did MNA value his assets? Has those assets been assessed and valued by certified evaluating consultants or the owner himself? Iqbal Hadi Zaidi
Last date of filing of Income Tax Returns/Wealth Statement has been extended by FBR till 30 October 2014. So why are asset statement being sought bt ECP on 30 Sep 2014?.
The ECP will put the info as it is submitted, but without verification from SBP & FBR, because as per rule, it cannot force SBP or FBR to verify same...without which such info has no merit. These submitted info should also be compared with what was submitted at the time of submission of nomination papers & now....otherwise, this exercise will be futile...
This is what CHANGE in electoral reform demanded....
It's a step in right direction. The FBR, media house investigators, and all interested should carefully study the assets detail. Any irregularities should be brought forward and investigated. False declaration should result in punishment, unlike the fake degree holders are let gone after removal from seat but are not jailed for defrauding.
Good initiative. MUST DISQUALIFY THOSE WHO DONT.
After putting it let's hope they don't say .....we did put this.