ISLAMABAD: Punjab Chief Minister Hamza Shehbaz owns assets worth Rs414 million, including 17.8 million shares in as many as 21 companies.

According to his statement of assets and liabilities for year 2019-20, the total worth of his investments has been put at Rs132 million, excluding the value of 4.5 million shares gifted to him by his family members.

He owns three agricultural properties, one of which is valued at Rs30 million, while the remaining two have been gifted to him by his brother, Suleman Shehbaz. He has Rs9.8 million in bank balance and cash/prize bonds.

On the other hand, his wife, Mehrunissah Hamza, has a net wealth of Rs3.5 million while that of his other wife, Rabia, totals Rs37.45m. The incumbent chief minister is also among the lawmakers who do not have a car.

Buzdar owns over dozen properties; PML-N’s Sheikh Alauddin richest member of Punjab Assembly; Parvez Elahi’s wife owns assets amounting to Rs100m

Meanwhile, former Punjab chief minister Sardar Usman Buzdar owns over a dozen properties worth Rs35 million. He also has three tractors and two cars, one of which he inherited from his father.

Sheikh Alauddin of the Pakistan Muslim League-Nawaz (PML-N) is the richest member of the Punjab Assembly — one of the few declared billionaires in the house.

He owns over two dozen commercial, residential and agricultural properties worth Rs353 million and has investments of Rs927 million in seven different businesses, including a hotel.

He has bank deposits of over Rs406 million and has given loan of Rs87.9 million to two individuals.

Pakistan Tehreek-i-Insaf’s (PTI) member from PP-13 (Rawalpindi) Amjad Mehmood Chaudhry ranks second on the list of rich MPAs from Punjab with a net worth of Rs1.32bn.

He owns commercial, residential and agricultural properties valued at Rs889 million in Islamabad, Lahore and Karachi — most of them in Bahria Town schemes.

He also possesses one property each in the United Kingdom and UAE valued at Rs51 million and Rs74 million, respectively and has 11 vehicles.

Likewise, Ammar Siddique Khan of PP-19 (Rawalpindi) has declared assets worth over Rs600 million, including dozens of properties.

Former education minister Murad Raas owns assets worth Rs380 million while PTI MPA Mian Mehmoodur Rasheed has accumulated assets of Rs180 million.

According to the Election Commission of Pakistan (ECP), Punjab Assembly speaker Chaudhry Parvez Elahi’s assets are worth over Rs200 million and has non-agricultural land valued at more than Rs60 million.

The Punjab Assembly speaker has declared a flour mill valued at Rs9.9 million while his wife owns assets worth Rs100 million.

The opposition leader in the Punjab Assembly, Sibtain Khan, is the owner of assets worth Rs10 million. However, he did not declare the value of his agricultural lands.

The provincial finance minister, Awais Leghari, owns assets worth Rs440 million.

Published in Dawn, June 21st, 2022

Opinion

Editorial

Urgent challenge
Updated 02 Mar, 2024

Urgent challenge

The incoming finance team will have to prioritise economic decisions over political considerations and personal whims.
Contempt ruling
02 Mar, 2024

Contempt ruling

AN Islamabad High Court decision penalising the city’s deputy commissioner, a senior superintendent of police and ...
Streets of death
02 Mar, 2024

Streets of death

A LIFE without a sense of permanence is one aspect of a human crisis as complex as homelessness. But the fact that...
Starting over
Updated 01 Mar, 2024

Starting over

Both govt and opposition must resolve that their decisions will prioritise the public good over anything else.
Missing the point
01 Mar, 2024

Missing the point

IN a change of heart, the caretaker prime minister attended the hearing of the Baloch missing persons’ case in the...
Fleecing power consumers
01 Mar, 2024

Fleecing power consumers

THE so-called independent inquiry committee, formed by the power ministry to probe charges of excessive billing by...