BL KAK
NEW DELHI, MARCH 6
Pakistan's Foreign Minister, Khurshid Mehmood Kasuri, has created history of sorts, if official statistics in relation to his declared assets were any proof. He is the only member in Pakistan's Cabinet, whose assets are close to Rs 1 billion, as shown in his annual statement of assets and liabilities filed with the Election Commission of Pakistan.
According to reports from Islamabad, the assets of all other full-fledged and Deputy Ministers represent an assortment of fortunes but none of them even crossed the Rs 350 million mark. Hardly any declaration seems to be a true reflection of the actual financial position of the Cabinet members, these reports said.
The assets of Kasuri and his wife include agricultural land in Kasur (Rs 5.7 million), Gulberg Lahore house (Rs 436 million), bungalow at Nathiagali on lease hold land (Rs 10 million), Zafar Ali Road Gulberg Lahore house (Rs 11.59 million), land in Mohra, Islamabad (Rs 15 million), land at Tarogil Lahore (Rs 2.5 million), land at Tarogil Lahore (Rs 6 million), capital amount in business (Rs 363.8 million), investment in stock and shares (Rs 59.9 million), jewellery (Rs 1.23 million), cash in hand and bank balance (Rs 2.5 million) and FFA (Rs 1.2 million). They have nearly a dozen limited companies.
Minister for Industries and Special Initiatives, Jehangir Tareen, owns assets of Rs 345 million but has liabilities of Rs 109 million. His liabilities include loan from JK Agri Farms (Rs 50 million), loan from the Bank of Punjab (Rs 20 million), and loan from KASB Bank (Rs 39m). His assets are a plot in Bani Gala Islamabad (Rs 6.7 million), under-construction Changla Gali house (Rs 39 million), a house in Officers Colony Multan (Rs 1 million), an apartment in Gulberg Lahore (Rs 11.75 million), 491 acres of land in Lodhran (Rs 27.6 million), house in Lodhran (Rs 4 million), agricultural equipment (Rs 6.3 million), investment in stocks and shares (Rs 45.4 million), Range Rover (Rs 0.68 million), Suzuki (Rs 0.45m) and Honda Civic (Rs 1.2 million), cash in hand and bank balance (Rs 3 million), deposit outside Pakistan (Rs 14.3 million), FFA (Rs 2.7 million), and other assets including account with JDW Sugar Mills (Rs 180m) in his son's name.
Sports Minister, Mian Shamim Haider, owns assets of Rs 162 million. He has assets brought or remitted from outside Pakistan (Rs 8 million), defence saving certificates (Rs 100,000), 1990 Mercedes (Rs 1 million), 1990 Pajero (Rs 700,000), jewellery (Rs 490,000), cash in hand Rs 325,800 and FFA (Rs 90,000). He also owns a house in Gulberg Lahore (Rs 40 million), one-seventh share in another house in Gulberg Lahore (Rs 9 million), a house in Sheikhupura (Rs 2.2), office in Lahore (Rs 1.1 million), one-fourth share in Islamabad house (Rs 10 million), a shop in Lahore (Rs 1.8 million), a shop in Palace Arcade (Rs 1.4 million), three Kanals of land in Sargodha (Rs 3.2 million), half share in Faisalabad land (Rs 4.49 million), land at Raiwind Road, Lahore (Rs 1 million), and agricultural land in Sheikhupura district, and Shahkot (Rs 14 million).
His wife owns property worth Rs 47 million. It consists of one-seventh share in Gulberg Lahore house (Rs 9 million), Lahore office (Rs 1.1 million), one-fourth share in Islamabad house (Rs 30 million), half share in Faisalabad land (Rs 1.2 million), one-fourth share in Faisalabad land (Rs 1.6 million), land at Raiwind Road (Rs 1 million) and agricultural land in district Sheikhupura (Rs 3.3 million). Haider has shares and investments (Rs 10.1 million), comprising Palace Enterprises (Rs 7.2 million), Loan to Indus Associated Consultants Limited (Rs 4 million), and defence saving certificates (Rs 100,000).
His wife has shares and investments (Rs 2.8 million) consisting of loan to Indus Associated Consultants (Rs 1.8 million), Palace Enterprises (Rs 250,000), Indus Associated Consultants (Rs 500,000), and Indus Engineering Consultants (Rs 115,000).
Women Development Minister, Sumera Malik, and her spouse own assets of Rs 145 million. She has no jewellery and noted in her statement that the sources of her income in cash (Rs 14.9 million) were the sale of Pajero (Rs 0.900,000), saving out of agricultural income (Rs 200,000), and sale of two plots for Rs10 million. She has shares in Bank Al-Falah (Rs 7 million), cash in hand and bank balance of Rs 16.9 million, 9,500 Kanals of inherited agricultural land in different revenue estates of Mianwali district (Rs 39 million) and one Kanal of residential plot in DHA Lahore (Rs 4.5 million) (8x1 Kanal plots were allotted to her in lieu of her agricultural land measuring 32 Kanals in Tehsil and Mauza Lidhar at Lahore Cantonment by the DHA Lahore). She also owns one open plot of eight Kanals in Bani Gala Islamabad (Rs7 million) gifted by her mother.
Her spouse, Malik Tahir Sarfraz, owns 127 kanals of agriculture land including a village house in Mauza Padhrar, Khushab district (Rs 3 million), 646 Kanals agricultural land at Salaar Nagar Kasur district (Rs 25 million), two Kanals house in DHA Lahore (Rs 23 million), commercial property in Lahore (Rs 12 million) and one Kanal plot in Commoners' Town Islamabad (Rs 12 million).
Political Affairs Minister, Amir Muqam, owns assets of Rs 118 million. These consist of immovable property (Rs 62 million), M/s AM & Co (Rs 16 million), vehicles (Rs 8.9 million), 600 grams of gold (Rs 420,000), Rs 30 million as cash in hand and bank balance, and FFA (Rs 2 million). He wrote that he has mortgaged property worth Rs 45 million with the Bank of Khyber, Swat, and the Bank of Khyber, Peshawar, for getting performance security of Rs 80 million.
He has immovable property worth Rs 62 million, which includes 48 Kanals of agriculture land in Swat (9.6 million), 82 Kanals of agriculture land in Puran Shangla (Rs 8.2 million), four shops in Sandovi Puran (Rs 600,000), bungalow in Peshawar (Rs 15 million), Puran House, Sanota (Rs 10 million), Hira School Hajibaba Swat (Rs 3 million), share in FAC Sangota Swat (Rs 5 million), house in Mingora (Rs 1.2 million), Puran House Puran (Rs 6 million) and bungalow at Bahrain (Rs 3.5 million). His movable property comprised capital in construction firm (family members) (Rs 16 million).
Population Welfare Minister, Chaudhry Shehbaz Hussain, is owner of Rs 95 million assets. He noted that all assets in Pakistan were bought through foreign remittance. His Defence Lahore house is valued at Rs 12 million, a plot in Defence Lahore at Rs 8 million, 116 Kanals of inherited agriculture land in district Pakpattan (Rs 7.5 million), commercial shop in Lahore (Rs 4.5 million, London house (Rs18.5 million), a restaurant in Jeddah (Rs35 million), Al-Farsi Transport (Rs 8 million), Kia car (Rs 750,000), 100 Tolas of jewellery Rs 1 million) and FFA (Rs 500,000).
Labour, Manpower and Overseas Pakistanis Minister, Ghulam Sarwar Khan, has valued his assets at Rs 65.5 million, comprising one-third share in a house in his village in Taxila (Rs 700,000), one-third share in a property in Taxila (Rs 650,000), inherited agricultural land in Attock and Rawalpindi (Rs 4.9 million), his wife's inherited two Kanals plot in Rawalpindi (Rs 5 million), 27.5 per cent share in a petrol pump (Rs 16.74 million), 25 per cent share in Five Star CNG (Rs 1.8 million), stone crushers (Rs 4.5 million), 2005 Pajero jeep (Rs 4.7 million), 2005 Mercedes (Rs 6.5 million) and cash and bank balance (Rs 20.4 million) and FFA Rs 0.1 million).
Religious Affairs Minister, Ejazul Haq, owns assets of Rs 57 million, but no value has been mentioned about his six properties, which include 25 acres of land in Mianwali, 137 acres of agricultural land in Sheikhupura, 2.75 Kanals plot on Allauddin Road Lahore (in his brother Anwarul Haq's use), four Kanals plot at Westridge Housing Scheme Rawalpindi, E-7 Islamabad house (his sister Miss Zain Zia being the owner) and a house on Murree Road Rawalpindi.
He has a house in F-7/1 Islamabad (Rs 50 million), a plot in Lahore (Rs 3 million), share in property inherited from parents (Rs 1.5 million), advance payment for plots (Rs 1 million), investment in shares (Rs 600,000), insurance policy (Rs 105,000), 50 Tolas of gold (Rs 350,000), cash in hand (Rs 1 million), bank balance (Rs700,000) and FFA (Rs 300,000). He also has an unsecured loan of Rs 200,000).
Minister of State, Mushtaq Ali Cheema, owns assets of Rs 68 million. These comprise cash in hand and bank balance of Rs 3 million, FFA (Rs 200,000), country house in Faisalabad district (Rs 8.5 million), house in Faisalabad (Rs 3.6 million), 2 Kanals of land in Faisalabad district (Rs 3.6 million), shares in MSC Textile Limited (Rs 12.28 million), Shamshad Textile Mills (Rs 1.5 million), Dawn Textile Mills (Rs 500,000) and Fantasy Fabrics Limited (Rs 200,000).
Minister of State, Ali Asjid Malhi, owns assets of Rs 44m, comprising one square of inherited agricultural land in Sadiqabad (Rs 7.5 million), a house in DHA Lahore (Rs 30.5 million), a plot in the Senate Housing Scheme (Rs 600,000), Rs 200,000 capital investment in Bricks Plus Limited, wedding gift of $10,000 (approximately Rs 600,000), 2004 Toyota car on lease (Rs 1 million), 150 Tolas of gold, described as wedding gift, (Rs 1 million), cash in hand and bank balance of Rs 225,000 and FFA gift/self purchase (Rs 500,000). |
