KARACHI- Former president Asif Ali Zardari has mentioned in his nominationpapers that he possesses an iqama (foreign work permit) of United ArabEmirates and uses six bulletproof luxury vehicles.
Besides revealing his lavish lifestyle, the PPP co-chairman has also statedhe owns thousands of acres of agricultural land and property in Dubai andhas spent millions of rupees on arms, horses and livestock.
According to the statement of assets filed with the Election Commission ofPakistan, Zardari owns over a dozen properties in Pakistan, besides hisshare in five properties inherited from Benazir Bhutto.
Zardari has declared that he owns just a single property outside Pakistan,contrary to the claims of his political opponents that he owns palaces inFrance and Dubai and properties in other countries, including the UnitedKingdom.
In his declaration, the 62-year-old has admitted owning an open plot in theAl-Safa Second area of Dubai, purchased at some unspecified time for anamount equivalent to around Rs100 million.
The total value of his assets is gauged at around Rs758.66m though his sonworths almost double of that figure.
Delving into the details of assets, it emerges that Asif Zardari owns threeToyota Land Cruisers, two BMWs and one Toyota Lexus – all bulletproof.
The cost of the unspecified number of horses and cattle belonging to theformer president has been put at Rs 9.9m and he possesses arms andammunition worth Rs16.60m, Dawn News reported.
Zardari has shown an investment of Rs12.9m in ‘Land Marks’ (apparently areal estate business venture).
He has also admitted investing Rs890,000 in Asif apartment (Huma Heights)adding that he does not have any business capital outside Pakistan.
Further details about the assets of former state head are as follows:
– Rs1.07m investment in the Zardari Group (pvt) Limited and the Park Lane Estate (pvt) Limited. – A loan of Rs4.50m to the Zardari Group. – Rs209m cash in hand, Rs89.76m deposited in the Silk Bank and Rs1,000 in the Sindh Bank’s Larkana Branch. – Two properties in Clifton valued at Rs111.51m, a 2,000 square yards plot in the Defence Housing Authority, Karachi, purchased for Rs850,000 and a house in Nawabshah worth Rs22.56m. – Numerous agricultural properties in Nawabshah, Larkana and Tando Allahyar areas. – Around 7,400 acres of farmland obtained on lease in Tando Allahyar, Matli, Badin and Nawabshah