PTI leader Aleem Khan owes Rs700m to himself

• Opp leader claims his local business is worth Rs90k only 
• Former Sindh CM Murad Ali Shah owns assets worth over Rs213m
• PML-N leader Khurram Dastgir Khan has declares assets worth Rs12.8m

LAHORE: The nomination papers submitted by Pakistan Tehreek-e-Insaf (PTI) leader Aleem Khan revealed on Friday that the PTI’s Central Punjab president and former member provincial assembly owns assets worth over Rs918 million and owes Rs700 million to his own company.

According to the nomination papers, the personal property of the politician is valued at more than Rs159 million while his ownership of shares is said to be worth more than Rs129.3 million.

The domestic business of Khan is valued at a mere Rs90,000 whereas his foreign businesses amount to over Rs8.1 million. He is the owner of 43 registered companies in Pakistan and of three companies outside the country.

Furthermore, the PTI leader has almost a million rupees in cash as well as over Rs64 million in various banks.

The PTI leader owns jewellery and vehicles worth Rs1 million and Rs34.7 million, respectively. Moreover, the furniture owned by the businessman-politician is valued at almost Rs2 million.

According to the documents submitted to the returning officer, Khan earned more than Rs43.9 million and gave taxes of over Rs10 million in the last three years. In the same time period, he undertook 23 foreign trips which cost over Rs2.1 million.

The politician has taken loans worth over Rs1.2 billion and according to the documents, he took a loan worth almost Rs700 million from his own company.

Aleem Khan is contesting the upcoming polls from Lahore’s NA-129 seat against former National Assembly speaker Ayaz Sadiq.

Moreover, National Accountability Bureau has also initiated a probe into PTI leader’s reported ownership of an offshore company as well as involvement with a private housing scheme in Lahore.

Meanwhile, former Sindh chief minister Murad Ali Shah’s nomination papers revealed on Friday that his declared assets are over worth Rs213 million.

The former chief minister also served as the provincial finance minister.

His nomination papers detail his ownership of 51 acres of agricultural land in different areas and a house in DHA Karachi worth Rs11.5 million.

Jewellery weighing 10 tolas and two vehicles worth Rs2.2 million and Rs12 million in addition to $264,368 in a bank account are part of his assets.

Furthermore, the Pakistan People’s Party (PPP) leader also has a trust in a 275 acres space.

On the other hand, Pakistan Muslim League- Nawaz (PML-N) leader Khurram Dastagir Khan has declared assets worth Rs12.8 million.

The former defence and commerce minister has Rs 3,739,000 and 22 grammes of gold in two bank accounts, a partial ownership in a cinema near Sialkoti Darwaza and a cloth market on GT Road. His house in Satellite Town was gifted by his father while her wife gifted him a plot in DC Colony.