Islamabad: Pakistan Prime Minister Nawaz Sharif is among a few lawmakers who are billionaires, according to statements of assets and liabilities of parliamentarians released by the Election Commission of the country.
The net value of assets of the president of ruling Pakistan Muslim League-N (PML-N) party is over rupees 1.70 billion (Dh59.18 million).
Apart from agricultural and industrial assets, Sharif owns two Mercedes cars, one Land Cruiser and a tractor; and he and his wife have rupees 138 million in 10 bank accounts.
The other billionaires in the National Assembly are Petroleum Minister Shahid Khaqan Abbasi and three members from northwestern Khyber Pakhtunkhwa province, namely Khial Zaman, Raja Amir Zaman and Sajid Hussain Tori.
The Election Commission of Pakistan (ECP) on Thursday issued details of the assets of the political parties.
According to the details of the assets of political parties given by the Election Commission, PML-N has assets worth rupees 87 million. It spent rupees 560 million in May general elections. The assets of Pakistan People’s Party (PPP) are over 4.5 million and it spent rupees 232 million in general elections.
Muttahida Qaumi Movement (MQM) has assets having value of rupees 100 million. Awami National Party (ANP) has declared assets of over rupees 28 million, while Jamat-e-Islami has revealed that it has assets of rupees 4.18 million. Jamiat Ulema Islam-F has assets of over rupees 1.12 million.