Senators possessing gold mines

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The Election Commission of Pakistan (ECP) Thursday released details of declared gold assets of senators, with Senator Nawabzada Saifullah Magsi being on top with 1100 tolas of gold.

The details of the assets of the Senate members released by the (ECP) disclosed that one-fourth of the Senate lawmakers own 6180 tolas of the precious metal.

Twenty-five senators own gold with an estimated value of Rs 309 million, the ECP details said while the per tola (11.666 grams) gold price is around Rs 49, 000 in Pakistan

Five members of the upper house have 3,350 tolas of gold in their assets. Senator Saifullah Magsi has 1100 tolas of gold in his property, whereas Gul Mohammad Laat from Tharparkar in Sindh owns 1,000 tolas.

Lahore’s Rubina Khalid Ghurki has 500, Azam Hoti has 450, Chaudhry Jaffar Iqbal has 300 and Senator Raza Rabbani has 220 tolas of the precious metal in their declared assets.

The other members of Senate Gold Club include Nuzhat Sadiq (120 tolas), Salim Mandviwala (140 tolas), Kulsoom Parveen (120 tolas), Abbas Afridi (120 tolas), Usman Saifullah (110 tolas).

Ten Senators including Chaudhry Shujaat, Mukhtar Ahmed, Farooque H. Naik, Saeed Ghani, Almas Parveen, Abdul Nabi Bangash, Baz Mohammad Khan, Akbar Magsi and Amarjeet Malhotra have declared 100 tolas of gold each in their assets.

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