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PM owns assets of Rs48m, Shamshad over Rs2.8bn

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Caretaker Prime Minister Anwaar-ul-Haq Kakar owned assets worth Rs48 million while the worth of assets owned by interim Finance Minister Dr Shamshad Akhtar came up to more than Rs2.8 billion, according to the Gazette of Pakistan, Extra November 6, 2023. PM Kakar declared the value of 10 tola gold owned by him at just Rs80,000. Similarly, Akhtar in her declaration has valued one of her plots in DHA at Rs125,000, which seems unlikely, given the skyrocketing rates of the residential land in that highly coveted part of the city.

The caretaker finance minister accumulated assets amounting to worth over Rs2.8 billion. As per the government documents, Akhtar declared the value of a plot she possessed in DHA Phase-VI [gifted from her father] at Rs4 million and another in DHA at Rs125,000 [gifted from her father]. She invested whooping Rs2.79 billion in Naya Pakistan Certificates and owned shares worth Rs0.3 million of the Pakistan State Oil Company Limited. The minister also invested NAFA income Arif Habib Bank. Her deposits in TDR Bank AL Habib were at Rs24 million.

She has gold worth Rs0.2 million and cash worth Rs1.9 million. Her deposits in different banks are over Rs3.9 million while she declared the value of her house furniture at Rs0.2 million. On the other hand, the total worth of assets owned by caretaker Information Minister Murtaza Solangi is at over Rs23 million.

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