Asim Bajwa 'rebuts' the story about his assets by saying inter alia:
Admits $70 million family business. Claims 60 million USD are 'bank loans and financial facilities' and his wife's contribution is around 20k USD, whilst the total family contribution is 73,950 USD.
Admits $70 million family business. Claims 60 million USD are 'bank loans and financial facilities' and his wife's contribution is around 20k USD, whilst the total family contribution is 73,950 USD.
Has not offered any documents to back this claim, and neither has he explained what was secured to obtain financial facilities and bank loans which were 811 times more than the invested amount.
About his sons, he says they are employed by their uncles. One of their uncles said:
About his sons, he says they are employed by their uncles. One of their uncles said:
He also admits that his wife divested herself of foreign assets by 01.06.2020, 21 days before his declaration of assets as SAPM.
This is 9 days AFTER Imran khan told all his special assistants to declare assets.
The divestment occured after the need to declare became known.
This is 9 days AFTER Imran khan told all his special assistants to declare assets.
The divestment occured after the need to declare became known.
When asked about how the initial investment was made by his wife, he says it is all documented without producing documents.
He says this was after 9/11 and all of us must know you can't move money around illegally in America other than by formal channels since.
He says this was after 9/11 and all of us must know you can't move money around illegally in America other than by formal channels since.
Asim bajwa does not make clear the amount of money received by his wife by 01.06.2020 as a result of the divestment from BAJCO.
When asked what happened to the unknown divested amount, he states it was split between his children abroad who are not his dependents.
When asked what happened to the unknown divested amount, he states it was split between his children abroad who are not his dependents.
All this happens without offering a single document, through screenshots of a press release.
Today the PM did not accept his resignation from the SAPM spot, saying he finds the explanation satisfactory.
Today the PM did not accept his resignation from the SAPM spot, saying he finds the explanation satisfactory.
Same PM's govt sent a reference against J Qazi faiz Isa regarding properties purchased by his adult children which his wife had declared joint ownership of herself. Properties whose total value amounts to a fraction of ISA J's fortune, a drop compared to his wife's inheritance.
Incidentally, the ISA family purchases were also made well after 9/11, but no one gave them the benefit of assuming nothing can be done informally in the United Kingdom after that date.
They then provided formal transfer receipts of funds.
They then provided formal transfer receipts of funds.
After ISA J submitted all his sources of income as did his wife, The SC still ordered that the FBR to verify them.
Meanwhile, Nawaz sharif is currently sentenced for having assets beyond his means for the implied benami holdings of his family. There are no assets in his name.
Meanwhile, Nawaz sharif is currently sentenced for having assets beyond his means for the implied benami holdings of his family. There are no assets in his name.
The Nawaz Sharif JIT and disqualification was made possible because after admitting his family's ownership of the assets in question, it was held that the onus to prove their legitimate acquisition has shifted to him.
A burden he was (rightly) unable to discharge despite producing trust deeds, letters from royalty and making statements in parliament.
He should have just sent out a press release.
He should have just sent out a press release.
