ISLAMABAD: The financial assets of Chief Minister Sindh Murad Ali Shah are valued at over 230.35 million rupees including two luxury vehicles worth Rs10.5 million each.

According to details of assets of Members Provincial Assembly (MPAs) of Sindh and Khyber Pakhtunkhwa (KP) Assemblies, released by the Election Commission of Pakistan (ECP) on Thursday, the CM Sindh has 100 tolas of gold that he had received from his mother as a gift. His daughter owns two plots worth Rs2 million each.

Pakistan People’s Party (PPP) bigwig Faryal Talpur, the sister of Asif Ali Zardari, has assets worth more than Rs390 million and owns 980 grams of jewellery. She also owns three cars worth more than Rs10 million.

Sindh Information Minister Nasir Shah has assets worth Rs130 million including 477 tolas of gold.

Sindh Minister for Irrigation, Zakat, Ushr and Auqaf Sohail Anwar Siyal has assets worth Rs90.28 million.

Sindh Education Minister Saeed Ghani has assets worth Rs20.31 million including 100 tolas of gold.

Sindh Assembly Speaker Agha Siraj Durrani has assets worth Rs100.20 million and Rs60.16 million in bank accounts. He also has guns worth Rs1.5 million.

PPP’s Sharjeel Memon owns assets in Pakistan and abroad. He has agricultural land and a house worth Rs10.5 million in Tharparkar and two apartments in Dubai worth over Rs50 million. He has two Land Cruisers and 150 tolas of gold. He has two bank accounts that have Rs6.9 million and Rs3.1 million in each account. Memon also has guns worth Rs2.5 million.

His wife has a villa in Dubai worth Rs90.89 million and half of shares in Memon’s Dubai office that are worth Rs20.10 million. She has 100 tolas of gold.

Leader of the Opposition in Sindh Assembly Firdous Shamim Naqvi has assets worth Rs330.40 million.

Pakistan Tehreek-e-Insaf’s (PTI) Haleem Adil Sheikh owns assets worth Rs20 million.

In KP Assembly, CM Mahmood Khan owns assets worth Rs2.86 billion.

Leader of the Opposition in KP Assembly Akram Khan Durrani’s assets are valued at Rs7.7 million.

KP Assembly Speaker Mushtaq Ghani has assets worth more Rs50 million.

Provincial Minister Shaukat Yousafzai has assets worth Rs5.5 million.

PTI’s Shahram Khan Tarakai’s assets are valued at Rs4 million. Atif Khan’s assets are valued at Rs20 million.

Ibrahim Khattak, son of Federal Defence Minister Pervez Khattak, owns assets worth Rs25.5 million.

Lutf-ur-Rehman from Muttahida Majlis-e-Amal (MMA), brother of Maulana Fazlur Rehman, has assets worth R52.7 million.

Constitutionally, the lawmakers are bound to submit their yearly statements of assets and liabilities and those of their spouses and dependent children as on each year’s June 30, a mandatory requirement under Section 137 of the Elections Act, 2017.

This section reads, “Submission of statement of assets and liabilities.-(1) Every member of an Assembly and Senate shall submit to the Commission, on or before 31st December each year, a copy of his/her statement of assets and liabilities including assets and liabilities of his spouse and dependent children as on the preceding thirtieth day of June on Form B.

“(2) The Commission, on the first day of January each year through a press release, shall publish the names of members who failed to submit the requisite statement of assets and liabilities within the period specified under sub-section (1).

“(3) The Commission shall, on the sixteenth day of January, by an order suspend the membership of a member of the Assembly and Senate who fails to submit the statement of assets and liabilities by the 15th day of January and such Member shall cease to function till he files the statement of assets and liabilities.

“(4) Where a Member submits the statement of assets and liabilities under this section which is found to be false in material particulars, he may, within one hundred and twenty days from the date submission of the statement, be proceeded against for committing the offence of corrupt practice.”

The ECP, every year, makes public the wealth details of the legislators, their spouses and dependent children of the previous fiscal year.

Copyright Business Recorder, 2020