It’s that time of the electoral season when we find out just how rich are the people who rule us.
Financial details in nomination papers reveal a noteworthy surge in the assets of former Prime Minister and founding Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan, a rise of a whopping Rs277 million over the past five years.
According to the documents, Imran Khan’s assets, which were valued at Rs38.694 million in 2018, have now exceeded Rs315.95 million as per the nomination papers submitted for the upcoming elections in 2023.
Imran Khan has made public the possession of a seven kanal eight marla house in Zaman Park, Lahore, with an associated construction expenditure of more than Rs48.6 million.
At the same time, the PTI founder also owns another piece of land in Islamabad, much smaller in size though – six kanals and 16 marlas- with a stated market value of over Rs 5 million.
Additionally, he has disclosed ownership of a 300-kanal land in Bani Gala received as a gift.
Notably, the former PTI chairman does not own any vehicles, as indicated in his documents.
Other assets in Islamabad include a Rs120m shop and a two-bed apartment which has been priced at Rs34m.
According to the documents, the items bought from Toshakhana – the infamous pieces that resulted in a case and disqualification – are valued at over Rs11.8m.
On the other hand, the PTI founding chairman says his wife – Bushra Bibi – is the owner of 698 kanal in Deepalpur and Pakpattan besides another three-kanal house located at Banigala.
The financial trajectory showcases a substantial increase in Imran Khan’s wealth.
He mentioned the value of his assets at Rs38.694m in the 2018 general elections’ nomination papers, which has now reached Rs315.95m, representing a massive jump, out which over Rs60m are in cash deposited with different banks of Islamabad.
In 2021, he declared assets valued at over Rs141 million to the Federal Board of Revenue, which further rose to over Rs320 million in 2022.
The Federal Board of Revenue (FBR) certificate attached to his nomination papers for the upcoming elections in 2023 verifies that the current value of Imran Khan’s assets is over Rs315.9 million.
This revelation holds significance as Imran Khan, the jailed former Prime Minister, gears up to contest the upcoming elections. The submitted details to the Election Commission of Pakistan (ECP) depict a considerable financial evolution over the specified five-year period.
