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India-Pakistan
PM Sharif among billionaire lawmakers
2013-12-26
[DAWN] With his assets growing rapidly Prime Minister Nawaz Sharif
... served two non-consecutive terms as prime minister, heads the Pakistain Moslem League (Nawaz). Noted for his spectacular corruption, the 1998 Pak nuclear test, border war with India, and for being tossed by General Musharraf...
has joined the list of a very few politicians who are billionaires, according to statements of assets and liabilities of parliamentarians for the year 2012-13 released by the Election Commission of Pakistain.

The net value of assets owned by Mr Sharif rises to Rs1.71 billion from Rs261.6 million he had declared at the time of filing nomination papers for the May elections.

He has put the current value of his six agricultural properties (over 1,700 kanals) in Lahore and Sheikhupura at Rs1.08bn and that of a house in Upper Mall, Lahore, at Rs250m. His wife, Kulsoom Nawaz, owns a bungalow on Hall Road in Murree worth Rs100m. She owes Rs1.75m to two individuals.

Prime Minister Sharif owns Abbas and Company, a business venture started with an amount of Rs10,000. The company's present value is shown as unchanged, but a loan of Rs84,485 is outstanding against it. He possesses shares worth Rs33m in nine industrial units. He has received Rs197.4m remittances from his son Hussain Nawaz.

Mr Sharif owns two Mercedes cars, a Land Cruiser and a tractor. He and his wife have Rs138m in 10 bank accounts.

The other billionaires in the National Assembly are Petroleum Minister Shahid Khaqan Abbasi and three members from Khyber-Pakhtunkhwa
... formerly NWFP, still Terrorism Central...
-- Khial Zaman, Raja Amir Zaman and Sajid Hussain Tori.

Khaqan Abbasi has Rs900m shares in a private airline. The value of his inherited property is Rs100m. He has Rs2m in three bank accounts and Rs500,000 cash in hand.

Sajid Tori owns 10 properties and has described the market value of only one of them as "billions of rupees".

Khial Zaman has put the value of his assets at Rs2.35bn. He owns four properties abroad worth Rs1.2bn.

Amir Zaman owns nine properties amounting to Rs1.88bn. He owns a plaza in F-8 Islamabad worth Rs800m, a house in F-7 Islamabad (Rs600m), shops and flats in Rawalpindi (Rs350m) and shops in G-9 Islamabad (Rs120m).

BNP-Awami chief Mir Israrullah Zehri owns over 51,000 acres of land. He also owns bungalows in Bloody Karachi
...formerly the capital of Pakistain, now merely its most important port and financial center. It is among the largest cities in the world, with a population of 18 million, most of whom hate each other and many of whom are armed and dangerous...
and Quetta and has Rs1m in his bank account.

Qaumi Watan Party chief Aftab Ahmad Khan Sherpao owns assets worth little over Rs53m, JUI-F chief Maulana Fazlur Rehman
Deobandi holy man, known as Mullah Diesel during the war against the Soviets, his sympathies for the Taliban have never been tempered by honesty ...
Rs7.3m, Farooq Sattar of the MQM Rs3.6m, PML-Z chief Ejazul Haq Rs10m and Pir Sadruddin Shah of the PML-F Rs395m.

Mehmood Khan Achakzai has agricultural income of Rs20m a year. He has two bullet-proof cars and four rifles.

Retired Captain Safdar, son-in-law of Prime Minister Sharif, has also mentioned in his assets a BMW car gifted to his wife by someone in the UAE.
Posted by:Fred

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