Party Riches

Society Pakistan & World Affairs
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The audited accounts of political parties filed with the ECP confirm that BBs PPP is the richest. This report gives some figures for various parties. But I wonder how accurately parties have declared their statements…?

http://dawn.com/2007/03/03/nat4.htm

PPP richest party with Rs100m balance
By Iftikhar A. Khan

ISLAMABAD, March 2: The Pakistan People’s Party (PPP) of Benazir Bhutto emerged as the richest political force in the financial year 2005-06, with a closing balance of over Rs100 million.

According to the audited accounts of political parties submitted to the Election Commission of Pakistan, the PPP started the year with an opening balance of Rs95.29 million and was able to raise funds to the tune of Rs13 million. Total expenditure of the party during the year was Rs4.16 million.

** During the financial year 2004-05, the Election Commission had refused to accept the accounts submitted by the PPP on the plea that the party did not exist on the Election Commission record.**

The party’s accounts are, however, now separately mentioned along with the People’s Party Parliamentarians. The PPP-Parliamentarians had an opening balance of Rs429,400. It raised Rs246,450 and spent Rs432,150 during the financial year 2005-06.

** Next in line is the Markazi Jamiat Ahl-i-Hadith Pakistan (MJAH), which has an opening balance of Rs928,557. It raised Rs57.83 million and spent Rs48.29 million.

The ruling Pakistan Muslim League had an opening balance of Rs6.65 million. It raised Rs16.14 million and spent Rs19.73 million.

PML president Chaudhry Shujaat Hussain donated Rs921,167 to his party and emerged as the single largest donor to a political party.**

** Muttahida Qaumi Movement’s income during 2005-06 was Rs8.07 million and it spent Rs8.09 million. Jamaat-i-Islami Pakistan’s income was Rs4.6 million and expenditure Rs4.2 million. The Pakistan Muslim League (Nawaz) raised Rs2.86 million and spent Rs2.47 million.**

Incomes of other parties during 2005-06 were: Awami National Party (income Rs425,000, expenditure Rs393,842); Pashtoonkhwa Milli Awami Party (income Rs2.83 million, expenditure Rs2.82 million); Jamiat Ulema-i-Islam (F) (income Rs704,495, expenditure Rs1.2 million); Jamiat Ulema-i-Islam (Sami) (income Rs128,702, expenditure Rs140,054); Pakistan Tehreek-i-Insaf (income Rs2.1 million, expenditure Rs2.1 million); PPP-Sherpao (income Rs628,858, expenditure Rs621,010); PML-Functional (income Rs485,000, expenditure Rs389,412).

** Among political alliances, the Muttahida Majlis-i-Amal started the financial year 2005-06 with an opening balance of Rs1,311. It raised Rs700,000 and spent Rs479,240. Jamaat-i-Islami was the biggest donor to the MMA, with a contribution of Rs500,000. The JUI-F was second in the list with Rs200,000 donation. The rest of component parties did not contribute at all to the MMA.
**
** Two other major alliances -– the Alliance for the Restoration of Democracy (ARD) and the Pakistan Oppressed Nations Movement (PONM) – did not submit their annual accounts.**

The total annual salary bill for full-time and part-time staff of 11 major political parties during the year under review stood at Rs10.23 million, with PPP paying out the most money for salaries.

In terms of assets, the PML is worth Rs30.58 million, Awami National Party Rs27.22 million, Jamiat Ahle-i-Hadith Rs26 million, PML-N Rs25.04 million, MQM Rs1.8 million and Jamaat-i-Islami Rs1.5 million.

While the PPP headed by Benazir Bhutto has a bank balance of Rs104.10 million, its tangible assets are negligible.

In total 58 political parties submitted their accounts, including 15 which have representation in national or provincial assemblies. Accounts of the National Party and Balochistan National Party are, however, not mentioned in the official gazette.

** There are seven political parties which survived with zero funds and no activity.**

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Re: Party Riches

MQM's official income is hugely understated...MQM is the biggest crime syndicate in all of South Asia, their extortion rackets, official funds embezzelment, robberies and kidnapping for ransom, contract killing and bomb planting, conducting low-intensity proxy terror on the behalf of foreign interests, easily turns up millions of dollars on a daily basis...MQM's annual income easily touches a billion dollars...they are only second to GOP in revenues...

As mafia in the US at the height of its power and influence was bigger then US steel, MQM is at the pinnacle of its power, hence bigger and more profitable then any other private entity in Pakistan...

should i.......:hinna:
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Re: Party Riches

Billion Dollar? Bigger more profitable than any other private entity in Pakistan? Your hyperbolic hatred of everything Mqm is well documented, but this one really takes the cake.

Only entity that can boast of billions dollar in their piggy bank would be the proud pak Army followed by their most obedient stooges ie the Mullah brigade that includes the Mulla Diesels, anarchist JI, Jaish, Lashkar, Taleban etc etc etc etc. Thieves of international level involved in drugs trade, gun trade, human trafficking, embezzling Zakat money, setting up fake huge charities across the globe, illegal occupation of government and private land all over pakistan in the form of Mosques, Madressahs, political camps and lets not forget the factory of suicide bombers.

should i.......:hinna:
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Re: Party Riches

that is correct, but despite the huge crime in Karachi, not sure if they would get a billion dollars annually. However it would be a massive sum running into many millions.

CP- whether anybody 'hates' MQM or not is irrelevant, their criminal workings are well known

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Re: Party Riches

MQM owns Karachi. It can take any amount , at any time, from anyone.

pɐǝɹɥʇ puɐʇspɐǝɥ ǝɥʇ
pɐǝɹɥʇ puɐʇspɐǝɥ ǝɥʇ
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Re: Party Riches

If that were the case their leader would not be hiding in London, too scared to come back to Karachi

They have a siginificant amount of power thanks to Mush, but as mentioned in a previous post, they are at their peak.

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Re: Party Riches

I think they enjoyed more power during BB's first term and Tind's time than they are now.

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Re: Party Riches

Thats been their strategy, stay with the ruling power and never let the noose, lse on karachites.

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Re: Party Riches

On the contrary, it makes all the difference. Integrity of the witness or writer is of utmost importance, biased presentations cannot be entertained as objective analysis as proven by the above example.

Criminal workings of Mqm are well known or should we say well propagated? Compare Mqm crimes to those who broke the country in half and are being heralded as national hero's, that is called manufacturing villians and creating heros. Now, we can sit here and keep on attacking Mqm for their misdeeds and ignore the real goons of this country Or we can be objective and fair in our criticism. The choice is yours.

Hawks Bay - Picnic..
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Re: Party Riches

A true che indeed. :omg:

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Re: Party Riches

Well 'propagated'?! LOL!

You obviously are a MQM supporter, deny it if u like, most don't like to admit it publicly.

The misdeeds of 71 are well known and half been discussed for decades.

We are talking about current day, the current govt, and the people who are currently stealing from us, the current biggest goondas and criminal party in the country, not about people who did things decades ago.

Stop living in the past

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Re: Party Riches

yep :chai:

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Re: Party Riches

Counterpoint,

" Compare Mqm crimes to those who broke the country in half and are being heralded as national hero's, that is called manufacturing villians and creating heros."

Do you mean military? If your answer is yes, them MQM is part of same military ruling the country. If military is villian so is MQM. That is simple logical conclusion which perhaps beyond your imigination.

FARID

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Re: Party Riches

Yeah yeah...in case you were in the hybernation for the last 10 years, the GOP/PA and the supposed mullah nexus has been nonexistent for a long time...It's now a nexus amongst all the degenerates, mushie, moderately enlightened lotays, ethno-terrorists of the past (mqm), corrupt feudal absconder and trangressors, extreme leftist traitors, mixed in with a few foreign imports...

Furthermore you cannot pin nor connect any of the cases of drug trade, human trafficking, or any of the fictitous charges you've made up against the mullahs to real events, nor any cases pending courts or with the NAB...while the same cannot be said of your beloved Altaf the fat necked don of Karachi and his merry band of capos and lietenants roaming the streets and the corridors of power these days...

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Re: Party Riches

Farooq Sattar is on record stating that every member of the MQM has to contribute a high percentage of their income to the Party, if this is not on the model of a mafia enterprise, where every member of the crime family has to contribute a high percentage out of their take up the chain of command and ultimately to Altaf/boss/Godfather ending up with most of the loot then I don't know what is...

Secondly, in order to do business in Karachi, or whenever there is any business transaction in areas dominated by MQM, their thugs always pay a visit to collect their cut...this is a well established fact...and if anybody has the Plus massive amounts of extortion/protection money they get from such entities as Jang Media Group

And with the business on the rise and huge amounts to be made in the real estate coupled with the MQM/Gov't's new found love for each other due to mushie being at the helm, and PA and MQM thugs collaborating to combat the scourge of terrorism, the billions being spend on the "infrastructure", selling of state assets and entities, I would definitately put the figure at a billion dollar...

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Re: Party Riches

This is the approach that has fkd up Pakistan, each one of us worships a villain, and considers it a lesser evil.

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Re: Party Riches

Labelling people is the easiest thing to do, facing reality and accepting the truth the most difficult. You fall in the latter category, unable to release yourself from conditioned ideas and unwilling to acknowledge who the real criminals of this country.

When we talk about current day politics then how can u ignore the corruption of pak army perpetuated in 1971 and now? How can u ignore JI role in 1971 and now? Both of these institutions have misappropriated billions of dollars directly or indirectly and neve held acountable simply because the people of Pakistan have been fed small fries as villians.

Like I said in my previous post, this corruption scandal sud discuss the real criminals of this country, but here we go again make this a thread of anti-Mqm, play into the hands of deranged fanatics who have sold this country down the drains and continue to be respectable.

hellu!
hellu!
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Re: Party Riches

Abay chal....your blind love for OBL (biggest terrorist in this part of the world) and the taliban has jaundiced your views of everything that stands to oppose their tyrany, arrogance and barbaric atrocities.

Army+MUllah nexus has never been broken, its presentation may have been adjusted but Pak army, Mullah interests are the same, conjoined like siamese twins, inseparable because of their ulterior motives.

Since you have nothing material to offer except for hate you resort to name calling, abuse and slander. Well, that reflects your internal ugliness, there is no need to respond to that kind of ugly rhetoric.

As for the drug trade and mullah connection, its a well documented fact as to how the taliban had their financing done through guns and drug trade. Major battles were fought to protect their drug trade routes and market shares. Its common knowledge that guns and drugs were bought to Karachi and rest of Pakistan courtesy the Pak Army+Jihadi radicals. The same murderers, drug dealers who are responsible for so many deaths are roaming the corridors of Isloo under the banner of JI or JUI simply because they have served their masters well.

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Re: Party Riches

MPs assets:

Prime Minister Shaukat Aziz continued to be among the richest MPs as his assets in and outside Pakistan are valued at approximately Rs 500 million, according to the statements that members of parliament filed with the Election Commission of Pakistan (ECP) for the year 2005-06.

A voluminous copy spanning 1,334 pages encapsulates the assets and liabilities of all the MNAs. The worth of the assets and their present market value has been given in the officially notified gazette.

It is generally believed that most MPs have under-declared their assets as is usually done in Pakistan to evade taxes. But strangely, most of the known rich own no car in their names, while they are seen driving latest high-powered jeeps. However, the prime minister does own a car.

The prime minister has no financial liability. His assets are just like hard cash as these are prime properties. He has a Honda Civic car, bearing number IDK-866, which cost him Rs 1,087,500 but its, present value has declined to Rs 600,000.

Shaukat Aziz owns a house in DHA Karachi (cost Rs 450,000, present value Rs 40,000,000), a plot in DHA, Karachi, (cost Rs 125,000, present value Rs 20,000,000), an agriculture plot (farm) in Chak Shahzad, Islamabad, (cost Rs 9,100,000, present value Rs 60,000,000), a plot in National Police Foundation E-11 Islamabad (cost Rs 1,130,000, present value Rs 12,500,000) and another plot in National Police Foundation, Sector 9 (cost Rs 247,500, present value Rs 1,500,000).

The prime minister has an apartment in London (cost 0.5 million pounds, present value 1 million pounds), and another apartment in New York City (cost $2.2 million, present value $2.75 million).

In the column of assets brought or remitted outside Pakistan: bank drafts/remittances: An amount of Rs $125,000 is shown during 2005-06. The prime minister approximately has 2000 grams of jewellery (cost Rs 1,500,000, present value Rs 3,000,000), has Rs 10,000 cash in hand, has Rs 1,518,560 in his Habib Bank account, Rs 1,043,076 in Citibank and $762 also in Citibank. He has savings of Pound Sterling 591,206 in London, $1.119,230 in New York and owns furniture, fittings and article of personal use valuing Rs 500,000.

Former prime minister and Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain’s assets are valued at Rs 125 million, which means almost one-fourth of what the premier has. His half share in the Islamabad house is valued at Rs 5,250,000, half share in the Lahore house at Rs 3,452,500 and 58 acres of agriculture land at Rs 376,667 (in all cases the cost and the, present value being the same).

Shujaat, who has no car in his or his spouse’s name, has Rs 88,820,000 as cash in hand (his own Rs 70,000,000 and his spouse Rs 18,820,000). His spouse’s jewellery is valued at Rs 600,000 and his furniture, fittings and articles of personal use at Rs 469,000.

He has shares in Modern Flour Mills, Rawalpindi, (Rs10,002,500), shares in the Punjab Sugar Mills (Rs 1,911,900), shares in the Punjab Sugar Mills (Rs 12,550,000) and Shares in Chemmed Corp (Rs 33,330).

Former prime minister Mir Zafarullah Jamali owns assets worth Rs 11,200,000. The cost and, present value of his Quetta cantonment house remains the same — Rs 2.9 million. He has Rs 925,000 as cash in hand. He received Rs 5,828,210 as cash from business. His land at three places was valued at Rs 1,000,000. He also doesn’t own a car.

Generally believed to be one of the richest men of Pakistan, Commerce Minister Humayun Akhtar has assets of just Rs 32,844,424. These include his one-fourth share in Lahore house, which comes up to Rs 25,500,000. His and his wife’s jewellery is valued at Rs 1,500,000.

Humayun and his wife have approximately Rs 5,300,000 as cash in hand. His furniture, fittings and articles of personal use are valued at Rs 500,000. He too doesn’t own a car.

Muthidda Majlis-e-Amal (MMA) President Qazi Hussain has assets worth Rs 13,300,000, which include Peshawar house (Rs 10,000,000), one-eleventh share of 50 acres in Jehangira (Rs 1,000,000), and Popular X-Ray Clinic, Peshawar (Rs 2,000,000), Rs 200,000 cash in hand and Rs 184,000 as balance in five bank accounts.

Given the assets listed by Maulana Fazlur Rehman, he is a poor man. He has one-fifth share in a Dera Ismail Khan house (Rs 100,000), a house in the same city (Rs 2,000,000) and a five-Kanal plot (Rs 500,000). He owns jewellery worth Rs 400,000 and has bank balance of just Rs 3,000. His furniture, fittings and articles of personal use are valued at Rs 50,000.

Imran Khan’s assets have a worth of Rs 34,545,769. He inherited (no value mentioned) his Zaman Park, Lahore, house. His assets include an apartment in Lahore (Rs 1,175,000), agriculture land of 39 Kanals and five Marlas in village Talhar, Islamabad, (Rs 830,000), 530 Kanal and 15 Marlas agriculture land in Khanewal (Rs 50,000). He also owns 300 Kanals and five Marlas in village Motra Noor, Islamabad, which was gifted to him.

Unlike the predominant majority of high profile colleagues, he owns three vehicles — Toyota Corolla Saloon (Rs 1,050,000), Suzuki Pick-up (Rs 350,000) and Toyota Prado 2000 (Rs 2,496,000). He has Rs 26,743,295 as cash in hand and Rs 1,651,372 as bank balance. His furniture, fitting and items of personal use are valued at Rs 200,000.

National Assembly Speaker Chaudhry Amir Hussain and his wife own assets valuing Rs 25,575,000. These include Sialkot house (cost Rs 45,000, present value Rs 1,325,000), Johar Town Lahore bungalow (cost Rs 64,86,660, present value Rs 18,000,000), Johar Town Lahore school(Rs700,000), six acres of land in V Kheri, Sialkot, and other similar property (valued at about Rs 250,000), business capital in Pakistan Rs 50,000, Rs 500,000 as cash in hand.

Former president of Pakistan Farooq Leghari owns assets of Rs 241 million. These include a house in Rakh Khamlia (Rs 5,500,000), land in Rakh Khamalia (Rs 995,000), land in Jahatala (Rs 6,149,022), land in Dera Ghazi Khan (Rs 7,238,400), land in Barkhan (Rs 32,116,000), land in Dera Ghazi Khan Rs 6,921,000), stock and shares (Rs12,279,652), other receivable (Rs 4,978,820), BMW JS-740 (Rs 7,885,000), Toyota (Rs 849,150), Honda (Rs 1,073,700, jewellery (Rs 1,110,154), cash in hand Rs 100,042,000), bank balance (Rs 763,431), furniture, fittings and articles of personal use (Rs 1,000,000). He had bank loan of Rs 2,068,110 and unsecured loans of Rs 54,394,005.

http://www.pakistanlink.com/Headlines/March07/01/01.htm

This is funny
In a paradoxical contrast to the rich parliamentarians, Syed Bakhtiar Maani, the MMA MNA from Malakand, is perhaps the poorest parliamentarian in the National Assembly. In his declaration he says: “I am a parasite; lives with my father and whatever I have belongs to my father.” There is a stark contrast between the PM and the parasite. :hehe:

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Re: Party Riches

Amorphous,

Thanks for this article.

And I’d think Shoukat Aziz is the richest because he may have declared everything (comparitively) honestly.

And the figures mentioned for some of the players are hardly believable, and even some assets are valued wrongly. Of course on the lower side.

Kya ho ga in sab ka :smack:

******* Jouwain / Lice ********