Musharraf owns assets of Rs645.011 million and pays no tax

03 Apr, 2013

ISLAMABAD: The former president Pervez Musharraf owns assets worth Rs645.011 million in and outside of the country, but has made zero contribution in terms of tax.

According to the nomination papers Musharraf submitted to contest elections from NA-48 Islamabad, the APML chief’s income has increased by Rs129 million during 2012.

The former president did not pay a penny in tax during the last three years, as his nomination papers submitted to the Election Commission of Pakistan (ECP) showed the tax column as blank. Musharraf also did not mention the source of his income in the nomination form, but the annexure he submitted has not been uploaded on the website. In the nomination form, he did not mention his plots and the much publicized farmhouse in Chak Shahzad, where he currently lives.

However, some of the assets he put on his form include shares worth Rs1.961 million, cash in hand Rs5 million and furniture worth Rs6 million.

He declared his personal expenses at Rs8 million. The former army chief also declared in his nomination form that there are three FIRs pending against him in three Anti-Terrorism Courts (ATCs) in Rawalpindi, Quetta, and Islamabad, which have been registered in 2007, 2009 and 2009, respectively.

<Center><b><i>Copyright INP (Independent News Pakistan), 2013</b></i></center>

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