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The Election Commission of Pakistan (ECP) on Wednesday released the asset details of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan, saying that the PTI chief has declared before the electoral body that he holds net assets worth Rs38 million.
The affidavits attached to his nomination papers — copies of which are available with Dawn.com — reveal that his net assets as on June 30 of the current financial year are Rs38,694,493.
The PTI chief raked in Rs4,776,611 the past year and paid Rs103,763 in taxes. His income sources are agriculture — he owns 168 acres of agriculture land — MNA's salary, PCB pension and bank profit.
Additionally, the cricketer-turned-politician has two Dollar accounts holding $379,760 and $1,470 respectively, and one Pound account which holds £7,068. He also has a Euro account, but it's empty.
The only foreign travel expenditure Khan reportedly incurred this year was during his three-day trip to the United Kingdom which cost him Rs240,000, as per the documents submitted to the ECP. A four-day trip to Turkey in 2017 has been indicated as "sponsored".
Though he does not own any businesses within the country or abroad, he does own 14 properties within Pakistan, most of which are stated as "inherited". Khan's Bani Gala residence is stated to be worth Rs11,471,000, however, his documents do not state ownership of any foreign real estate.
Khan has made no mention of vehicles owned, leaving the space blank.
His dependants listed are his wife, Bushra Bibi, and two sons with Jemima Khan — Qasim and Sulaiman. The sons, however, have been marked as "not financially dependent".
Bushra's assets were not included as the marriage took place in 2018, the documents state.
Comments (78) Closed
Only recent Umra visit cost was RS 5 million seems forgotten to ad
If his sons are not dependent on him then the argument that only "dependents" should be disclosed does not hold water. By that logic the daughter should also be listed. So none should be listed if none are financially dependent. As a consequence niazi has lied on his nomination application.
Seriously!
That’s all he has. I swear to the God my family has 3 times more assets than this super star of Pakistan.
Apparently, all of these politicians including Khan lie while laughing in the face of the poor. I will not at all vote for anyone this year. Waiting to see siraj ul haq's assests.
The PTI chief raked in Rs4,776,611 the past year. How? I am farmer in hinterland of Punjab and I can not earn that much from agriculture
He paid almost nothing in taxes!
IK does not own even a car!
net assets 3.8 crore.....bani gala 1.1 crore......like seriously? seems indifferent compared to others.
What are the sources of accumulated money in the foreign currency accounts?
PTI pays their chief a good salary. The PTI is a money maker for Khan.
Reasonable compared to Mariyam Nawaz whose wealth is approx 10 times more and she is no famous sportsperson, not been married to a billionaire partner.. so I wonder where that money comes from???
The Bani gala 250 acres (2000 Kanal) palace is worth only Rs11,471,000, (Rs. 1 crore, 14 Lakh 71 thousands only, whereas, 20 Kanal Farm house in Bani gala is for sale for Rs 9 crore only at Zameen .com. Very impressive and honest declaration!! Definitely, Naya pakistan will revolutionise the prices of property in Pakistan. It is the beginning!!!
The amount of assets has been declined, unlike Maryam; whose assets were wildly hiking an year after an year. Appreciative Khan !
Great leader who did not spend a single penny on his sons , thanks to a multi millionaire ex wife ..... Great setting for life of his kids !!!!
IK received salary as MNA as per nomination papers? why as he was abusing the same institution from which he was receiving the salary. Reject his papers as when he holds any public office even with a remote chance with the help of PPP the IK will also abuse his powers. Also its worth noting that IK's assets value is 38 Million. Khan sb please take RS. 38 million from me and give us both Bani Galla and Zaman Park houses, Please ! Third IK paid taxes of 100k and yet he preaches that he will improve tax collection when he himself is involved in tax embezzlement? Also correct number of children is not mentioned in IK nomination papers. Man! we are bringing this man to become PM?
Peanuts when compared to his stature
He needs to explain where the $379,760 in cash came from.
People like Imran Khan use remittances and foreign earnings as an excuse to launder money because no questions can be asked on remittances.
@Khaja He played cricket for English Clubs, which, I believe, do not pay in Pakistani Rupees.
@Sajjad glad niazi lies than holding onto 1506 kanals of land. He has my vote!
I am willing to pay double the value of the Bani Gala property.
And contribute an equal amount to Shaukat Khanum Charity.
Total 4 times the value.
DEAL?
And the worth of our family house in north Nazimabad is around 3 crore remember it’s just 200 yards while IK’s palace 250 acre 3000 kanal in Islamabad banigala worth only 1 crore 14 lacs. If IK is ready to sell this to me right now in 5 crore I will be happy to sell the same at OLX around 20-25 crore. Please correct me if I m wrong here.
How is Bani Gala worth only Rs 11,000,000?
@Jawad I am still trying to understand the basis of your argument that he lied. Can you provide some facts here?
@IAB And.. what are we trying to get at here?
@Sajjad "If his sons are not dependent on him then the argument that only "dependents" should be disclosed does not hold water. By that logic the daughter should also be listed. So none should be listed if none are financially dependent. As a consequence niazi has lied on his nomination application."
You must be hard core PML-N supporter. He listed his sons as dependent out of courtesy. He didn't have to list them if they are not financially dependent on him or live with him in any capacity. If he has daughter and hasn't claimed her custody yet even if he does, she is over 23 years so basically he still does not has to list her as her dependent if he choose not to.
bani gala residence declared of just 1 carore............. imagine that ...........
@TheInsider Seriously, he is on the media talk shows all the time. He gets money from there. Sorry man, if the insider does not know so you need to change your name as well.
The Bani Gala estate is worth 100 times more, and that alone makes him a billionaire. No issues if he has legally earned it and pays taxes. But how can he lie through his teeth. Really 1.14 crore?
I will be happy to offer IK triple the value of his Bani gala property if it’s only worth RS11.4 million. Nab and election Commission need to carry out Proper securitisation on all political elites declaration these are off scale
Rich politicians of poor Pakistan.
Liar liar.
A man who flies pvt jet for Umrah paid just rupees 103,000 in taxes?! Seriously?! What a mockery, what a pity.
If Maryam Bibi owns Rs845,953,559 then why are we questioning Imran Khan's assets of mere Rs38,694,493? This is less than $300,000 or .240,000 sterling pounds.
@An IK Fan Who told you it is 2000 Kannal of land. there is a limit to exaggeration.
he paid tax only 100, 000 i m gov employee in India n paid 150, 000.
Umrah was in 2018 not 2017.
That is not a lot of money
Nothing for a politician. Two other heads of parties are worth $1.5 billion each.
@Sajjad Who is Niazi. We only know the great Kaptaan IK of Pakistan.
IK is clean. He will be next PM. Then see Pakistani progress.
How come he is making so much money?
All you guys ready to buy bani Galla property should realise that the ecp declaration form requires the purchase price, not current value of the house. Maybe if you all group together you can make a joint offer for the current value. If he sells you will get one room each!
Gross under reporting of assets. Laughable that his total assets are just Rs. 38 million. His lifestyle would indicate assets of about one hundred times what he has declared.
Banigala house worth Rs11,471,000 is bit funny. My brother bought 4 marla house in the same price.
30 June of the Current Financial Year??? I think it is 30 June 2017.
So he is no indifferent than Maryam nawaz.. Mr Khan please stop giving everyone hope that you are different than others and change Pakistan.. Nawaz and zadari people are thieves but you are the biggest disappointment of my generation
Can someone maintain such lavish lifestyle with 400000 monthly income?
It is hard to believe that when he just flew to KSA in a private jet, how can he afford that kind of lavish life style.
Are there any tax slabs rate in Pakistan?? If any, how are they classified??
rich guy dont need politics but workign for Pakistani people. next PM
@Miko He's Honest
What a great honest leader Imran Khan, the truth prevail.
@An IK Fan it's a silly argument. The value on paper is always 1/4 of the real price of the property which is assessment of the city, municipal value the land or property mostly less than actual price. The best thing we love IK his honesty and have no corruption charges on him and that's proof the highest donation received in Pakistan is IK. We have proof of four cancer hospitals in Pakistan.
No harm as long as it is his own earned and well accounted assets. Better than others who own through corruption and then hide the ill-gotten wealth under fake company names revealed in Panama corruption paper cases.
@Just thought yeah. but recent umra visit was after submiting nomination forms.
@Just thought - you are not fully aware. Umra was a ride with a friend so it was free of cost for him. A plane was going anyways so one additional passanher doesn't increase the cost.
@Nomi Goraya - read the article
@An IK Fan - any price is fine. You can consider it 20 cror but so what? A home is a home not a truck or sale proceeds that he wants to hide tax. Get real will ya?
@Ahmed - why is everyone focussed on Bani Gala price. What good will it do if he declares it 40 cror? People focus on something useful for the nation.
Shokat khanum is a good source of income for khan.
Assets declared at cost, same as Maryam Nawaz. This is allowed (although I think it should not be). Bani gala is not 250 acres, it's 300 kanals, construction only on a few kanals, majority is just green land.
Money in: Rs. 4.7 million rupees. Taxes paid: $ 103,763 That’s 2.1% only in taxes by a millionaire. That’s naya Pakistan for you.
@An IK Fan According to rules, the property value is tbe declared at the time when it was purchased which is what IK has apparently done. At the time he purchased Bani Gala property the values were not high. The property values appreciated dramatically in later years, so his declared value does not appear to be unreasonable..
Niazi sahib has do not own any car so for traveling from one place to other he has to depend on jahangir tareen or aleem khan plane which if fair
Net assets also includes cash and bank balances. Only one dollar account balance comes to equivalent to Pak Rupees 46.330(M).
Old trick of leaving sections blank to avoid lying. Can anyone believe that IK doesn’t have any vehicle. Does he rent cars and pays as iou, just like he travelled overseas 11 times in private jets and never paid in form of money.
@Ali (CA) Nothing is free in this world. Ride was not paid in by money but it leads to I.O.U. To the person providing ride. Those people expect those IOUs expect to cash if and when Kaptaan becomes PM. You live in CA, you know these kind of favors are not even allowed in Corporate world besides in election.
A house of 40/80’squarecost 4 Crore only in G-9sector .House on 300 Kanal cost so less at Banigala.Hieght ofdishonesty &deciet???
@IAB He refused to take his divorce settlement of 50% offered to him by UK court judge.
So dont make baseless comments about supporting his son, as its an internal matter between him and Jemimah. IK has been very gracious with her regarding her assets.
A person who lies is not fit for holding any public office. However, many are influenced by his rhetoric.
@miraaj tax embezzlement? Dont talk stuff without evidence
@TheInsider but no evidence ?
@jawaid How do you know he Lies?
@Just thought - it’s for years up to 2017.
@Sajjad No, it does hold water. Children can be legal dependents even if they are not financially dependent on you. If you aren't a legal guardian of someone, they are neither legally nor financially dependent on you.
If anyone actually bothered to check the ECP website, they would have realised that the assets decleration form (available to download), clearly says the COST of the property. If it's asking for the cost, why would anyone declare the current value. In fact, what good is the current value if you are not planning to sell a property?
I just wish people would use thier brains and think about things logically. Think about why this info is being asked? What is it's purpose?
I'm not going to spoonfeed everyone, engage the brain. It's not that hard!
If that declaration passes the tick of approval then it will raise the question about why we are doing that process at all