Alert Sign Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on

Alert Sign Dear reader, please upgrade to the latest version of IE to have a better reading experience


JI’s Mian Aslam wins the asset race


Your Name:

Recipient Email:

Mian Aslam of the JI -Photo by PPI
Mian Aslam of the Jamaat-i-Islami. -Photo by PPI

ISLAMABAD: In the most expensive city of the country, the richest electoral candidate belongs to the Jamaat-i-Islami, a party which is known for its middle class roots.

Mian Aslam of the JI, who is contesting the NA 48 seat, is the richest contestant in Islamabad, with a declared wealth worth twice as much as what Gen (retired) Pervez Musharraf has revealed in his declarations.

In complete contrast to these two, another candidate Ajmal Baloch of the PML-N is a pauper in comparison.

According to the declarations submitted to the Election Commission of Pakistan, the Jamaat -i-Islami (JI) candidate for NA-48 Islamabad urban has assets and wealth worth more than Rs1.29 billion.

As the Muttahida Majlis-i-Amal (MMA) candidate, he won the 2002 election but did not participate in the polls in 2008 because his party decided to boycott them.

According to his documents, he is a businessman and the net worth of his firm ‘Arsan Poultry’ is Rs980 million.

He paid Rs595,350 in taxes in 2012.

In addition, he owns three houses in Islamabad - two in F-6 sector and one in F-8.

The second wealthiest candidate among the more well-known figures who have thrown in their hat for NA 48 and NA 49 is Gen (retired) Pervez Musharraf.

His net assets are worth more than Rs695 million.

However, he claims that his earnings have come from his ‘government’ jobs – in the army and then as president of the country - as he has not identified any business or any other source of income in his documents.

Mr Musharraf did not reveal if he paid any tax in 2012.

Interestingly, Mr Musharraf has stated in the document submitted to the Election Commission of Pakistan that he holds a master degree and that his occupation is politics.

He has documented an impressive annual expenditure of Rs8 million and claims that his household items including furniture are worth Rs6 million.

He too is a candidate for NA-48.

In third place falls Faisal Sakhi Butt of the CDA taskforce fame, even though he is way behind Mr Musharraf in terms of wealth.

Unfortunately, it seems as if his papers have been carelessly filled in as there is no mention of his overall wealth.

An aspiring potential PPPP candidate for NA-48, Mr Butt has around Rs200 million in the form of prize bond etc, he has Rs65.77 million in banks, while his two cars are valued at Rs5.66 million and his household items at Rs1.35 million.

In addition, he claims he has livestock priced at Rs2 million but there is no mention of any agricultural land or residential property owned by him or his spouse.

He has however given his address according to which he lives in F-8 sector.

He owns two business – Building Materials (pvt) Ltd and Sakhi Butt & Sons Pharmaceutical (pvt) Ltd.

There is no information on the net worth of these companies.

Incidentally, the former ‘Chairman of Prime Minister’s Task Force on the capital’, Mr Butt can’t get hold of his education degrees except for his matriculate certificate.

The documents submitted by him to the ECP say, “I have misplaced academic certificates of my further qualifications; attached is a copy of my matriculate certificate.”

The next wealthy contender is the probable PPPP nominee for NA-49, Mustafa Nawaz Khokhar, who belongs to a prominent political family of Islamabad.

With a net worth of Rs161.98 million, Mr Khokhar is the only mainstream candidate to have assets abroad.

He owns a part of two properties in the UK valued at Rs8.16 million.

He also has a business titled ‘Bostan (pvt) Ltd’ on which he paid Rs782,113 in income tax in 2012.

The former adviser to the prime minister on human rights has a law degree.

Mr Khokhar owns a Land Cruiser, while his wife owns two cars of which one is a BMW.

Dr Tariq Fazal Chaudhry, who belongs to the PML-N and has filed his nomination papers for NA-49, has a net financial wealth of around Rs115.43 million.

Self-described as MBBS doctor/agriculturist/politician, he claims he does not practice medicine and has provided a tax exemption certificate to explain why he does not pay agricultural tax.

His annual income from 450 kanals of agricultural land is Rs1 million and his annual expenditures amount to Rs1 million.

The former PPP ‘Jiyala’ who is now representing the Pakistan Tehrik--i-Insaf, and has filed the papers for NA-48, Dr Israr Shah, is worth slight less than Rs100 million.

The second PTI aspirant in NA 48, Javed Hashmi has agricultural land, urban property in Multan, small businesses, and bonds etc worth Rs81 million.

Despite possessing around 75 acres, Mr Hashmi is considered a mid-level farmer in his native land.

He paid Rs60,749 in income tax in the previous year. Anjum Aqeel Khan, who won in 2008 from NA 48, is a local resident, and has entered the race this year as well.

He owns Rs80.24 million, mainly from real estate developments in Islamabad. He has also stated that his annual income from agriculture is Rs460,000 though he paid no tax on it.

However, he did pay Rs216,637 tax on his real estate business. Next in the line in terms of wealth is his distant relative Zubair Farooq Khan, the JI candidate from NA-49, whose wealth amounts to Rs11.5 million.

Mr Farooq owns a piece of 15 kanals in E-11, valued at Rs75 million which is under litigation with the CDA. He too has a small real estate business in Islamabad.

The least two wealthy candidates in Islamabad belong to the PML-N. Both are vying for the party ticket for NA-48, as there are reports that Anjum Aqeel, who got the PML-N endorsement last time, might be dropped.

Mohammad Ashraf advocate has been living in Islamabad since the 1960s while Mohammad Ajmal Khan Baloch came to Islamabad in 1979 from Khushab.

Ashraf advocate is the first president of the Islamabad High Court Bar Association, and Ajmal Baloch is a prominent trader leader.

The net wealth of both these political workers is around Rs5 million.

Comments (27) Closed

amir Apr 07, 2013 08:10am
Mian Aslam fought it hard to build his wealth with proven source of income but Gen(retd) Musharraf only income seem to be from war against terror , not from army pension
Ajmal Apr 07, 2013 09:40am
I do not understand this journalism............. there is little mention of JI man's half a million tax, but big mention of his wealth....... more productive journalism would be where more emphasis is given to the amount people paid in taxes, becoz taxes make a country not aid.
janan Apr 07, 2013 09:59am
If all rich people in Pakistan start declaring there wealth and pay taxes on that I am sure we might see few Pakistani in forbes top 100 richest people in the world. I wonders how much wealth our President got? even though he don't have any of the industrial units which he "owns" under his name. I doubt if he declare his actual wealth (in the country and aboard) he might be crossing Carlos Slim of Mexico.
syed Apr 07, 2013 11:53am
Do you have any proof against any personality ? present it to judiciary and seek for justice but dont blame anyone ..
MZ Apr 07, 2013 01:44pm
General Musharraf was a dictator but was more democratic than any government in Pakistan's history. I don't like him for some of his decisions but I don't think he was corrupt or dishonest. He spent his life fighting for his country not selling religion, cinema tickets in black market or eating free nihari.
murtazarzai Apr 07, 2013 01:52pm
do u know any army pensioner who can afford to book charterd flight from dubai?
murtazarzai Apr 07, 2013 04:20pm
how much kargil war cost to state?
Ahmer Apr 07, 2013 04:21pm
Musharraf has done quite well and is still considered 'honest'.
A.Khan Apr 07, 2013 04:59pm
Anyone with a tax exemption certificate should be automatically disqualified. The reason for getting a tax exemption is immaterial. No tax, no public office. Period.
Jamshed Khan Apr 07, 2013 06:28pm
AK Apr 07, 2013 08:46pm
General Musharraf got a couple of million dollars for his book deal and charges tens of thousands dollars for each of his speeches. Hopefully he invested it well :)
Saleem Khan Apr 07, 2013 08:53pm
The news should have read: The Only person to declare all of his assets!
Fida Sayani Apr 08, 2013 02:58am
where did mushraf get his 69.5 crores from. does he has any explanation or did ECP question him about his accumulation of this large wealth.
Akbar Khan Apr 08, 2013 10:24am
PPP has nothing to show except for photos of Benazir and Zulfiqar Bhutto. I think PPP days are over, they should try find another business.
Zamir Alam Apr 08, 2013 10:50am
Do you know his Farm house .. and Amin Fahim too have one. Both are illegals. It was awarded on basis to increase agriculture .. both of them do not qualify. Now P.M have lots of millions in cash ..and not mentioned where and how he got that if tax was paid. Ops you considered it . Honest.
Zamir Alam Apr 08, 2013 11:02am
And General does not remember if he paid taxes . ops he went on state expenditure to do the book deal during office hours .. He gets thousands of dollars overseas .. and dont intend to pay taxes.. Remember 50 people were killed in Karachi .when CJ could not enter Karachi. That murder case is still pending .. General is responsible for that too. dont forget it. so is MQM
Hussain Apr 08, 2013 11:16am
The last PPP government was a gift from Musharraf to all Pakistanis via the NRO.
Master Apr 08, 2013 11:24am
There is no experience in PTI - its clear now. If PTI wants to ensure PPP and PMLN and JUI etc.. not to succeed during elections, they need to coordinate with other progressive political parties such as MQM and APML.
A Karim Apr 08, 2013 11:29am
ECP is misguided and blatantly wrong. Facilitating OP should be top priority for EC due to the millionsof eligible voters from cross section of Pakistan. Labelling as 'hurriedly' clearly tells that the old minset is resistant to change towards betterment. Chief Justice please help us get our right from EC. You are our last ray of hope against adamant EC. All it needs it for High commissions to publicise OS voters for submission of intent to vote forms online (1 week). HC to send request to EC for ballots for intended OS voters (1 week). Intended voters to go to HC for vote (1-Day). This is acceptable process world over. No rocket science.
Usi Apr 08, 2013 12:15pm
Overseas Pakistanis have a right to vote. ECP had 5 years to prepare for elections!
ID Apr 08, 2013 12:41pm
TZS Apr 08, 2013 01:05pm
Finally a dictator is brought to justice. Hopefully all those including judges who endorsed his first violation of the constitution and gave him free hand to amend the constitution will be brought to the justice since they are the ones who first condoned the Marshal Law and paved the way for future violations. I also hope that all past dictators and their accomplices are tried in this court even if it has to be posthumously.
A Khan Apr 08, 2013 01:28pm
If Jamat-e-Islami get Islamic, all problems of Pakistan would be solved.
Mike Mohammad Apr 08, 2013 01:38pm
Musharraf may have booked a chartered flight but people pay for their fares which was double than the regular fares. Don't comment unless you know the truth or research before you write your comment. If you go to Musharraf's website you will know. They were advertising for the ticket sales to travel with Musharraf.
Secular Pakistan Apr 08, 2013 01:50pm
People need to get on with the 21-Century democracy. Voting for feudal lords and their offspring by selection is such a mideval way of living.
bhanji Apr 08, 2013 03:25pm
Let the voters decide the political fate of Musharraf.For once can we behave and conduct our selves in a ethical way?
murtazarzai Apr 08, 2013 06:47pm
ohh then why there were only musharraf securtiy men and few loyal party worker at airport ?