Musharraf owns assets worth Rs 34.2 million

Author: News Desk

Former president General (r) Pervez Musharraf owns assets worth Rs 34.2 million while his total earning in the year 2017 was a little over Rs 1.9 million, according to details of his assets submitted with the Election Commission of Pakistan (ECP).

The affidavit attached with Musharraf’s nomination forms for NA-247 Karachi mentioned pension as his source of income, while the document had ‘NIL’ written in the section for tax details. Musharraf has specified ‘freelance lecturer’ as his occupation in the documents.

According to the nomination papers, the former president does not own any agricultural land. He does not own any property in Pakistan or abroad.

The documents mentioned five properties in the name of Musharraf’s wife in Pakistan and an apartment in Dubai.

The former president has over Rs21.2 million in a joint account with his wife, while in another joint foreign currency account the couple has $591.

Musharraf’s wife also has 30 tolas of gold and five vehicles.

The former president has mentioned all properties in Pakistan in the name of his spouse. The worth of Chak Shehzad farmhouse is evaluated as Rs 23.7 million, while a house in DHA Karachi’s Zamzama Street is valued at Rs 5 million. The downtown Dubai apartment is worth Rs 90 million, while his wife also has shares of Bank Alfalah worth Rs 3 million.

Published in Daily Times, June 22nd 2018.

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