AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

ISLAMABAD: The opposition leader in the National Assembly Omar Ayub Khan on Wednesday demanded a thorough probe into properties worth around $11 billion owned by the country’s political, military, and business elite in Dubai.

Speaking at a presser, Ayub along with PTI chairman Gohar Ali Khan, said there was a need to properly investigate the matter whether those properties were declared with the Federal Board of Revenue (FBR) or not.

The demand from Ayub, who is also PTI secretary general, comes after “Dubai Unlocked”, an international investigative report on the owners of real estate in Dubai, comes after properties owned by Pakistani elite majority of them are pensioned military generals, were unearthed.

Several Pakistani politicians, former military servicemen, bureaucrats, and businessmen among others, have also been named in the investigations.

The combined value of Pakistanis on the list is estimated at around $11 billion.

These names include but are not limited to, Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari, Sindh Senior Minister Sharjeel Inam Memon, Interior Minister Mohsin Naqvi, Senator Faisal Vawda, Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Khan Marwat, and Azad Jammu and Kashmir Inspector General of Police (IGP) Dr Sohail Habib Tajik – some of whom have said that they possess declared properties in Dubai.

Ayub also demanded finding the source behind the transfer of funds to Dubai, saying “Were these funds sent with the State Bank of Pakistan’s permission and from which source”.

The jailed PTI founding chairman Imran Khan is the only politician who does not own any property abroad including Dubai, which prompted Ayub to say: “What Imran Khan says has been proven right”.

He questioned why Interior Minister Mohsin Naqvi or those making tall claims about the country’s law and order situation are busy siphoning off money to Dubai when the country is facing serious economic challenges.

PTI chairman Barrister Gohar Ali Khan also demanded a probe into the hidden and laundered money, saying “the party will take this case to its logical conclusion.”

“The masses must be told why these politicians, generals and bureaucrats are busy in making investments outside of Pakistan,” he maintained.

Terming the ruling elite “Qabza mafia”, he said Pakistanis would not go abroad and invest there if their own country’s environment was peaceful and if there was rule of law.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Pakistani May 16, 2024 11:00am
Are you sure Mr. Ayub? Your family are the pioneers of the Qabza Mafia staring with the industrial licenses for friends and family and the tradition continues up to today.
thumb_up Recommended (0)