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MPs’ average assets triple in 5 years MPs’ average assets triple in 5 years

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Old Tuesday, September 14, 2010
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Default MPs’ average assets triple in 5 years
Politics is the most profitable business in Pakistan.

KARACHI: Owing to poverty and price hike, the income of a common man is constantly declining. As a result, Pakistan's middle class is vanishing.

On the contrary, assets of parliamentarians elected by the people of Pakistan have tripled over the past five years, says a report released by the Pakistan Institute of Legislative Development (PILDAT).

It analyzed who the richest MP was, who among female members was the richest and which party had the richest MPs in its ranks.

The source of the study was the declaration of assets by MPs and published in the official gazette as a public document.

The study has declared PPP MNA Mehboobullah Jan Tarin the richest person with assets worth Rs. 3.28 billion.

According to PILDAT's report, average assets of MPs are at Rs. 20.70 million in 2002, which jumped to Rs. 80.10 million by 2008.

Members of the parliament belonging to Pakistan Muslim League-Functional (PML-F) is leading the list of the richest parliamentarians followed by National Peoples Party, which stands at number two.

PPP and PML-N rank 3 and 4, respectively.

Other parties are Pakistan Muslim League at 5, Awami National Party (ANP) at 6, Peoples Party Sherpao (PP-S) at 7, Muttahida Qaumi Movement at 8, Balochistan National Party at 9 and Muttahida Majlis-e-Amal at 10.

PML-N MNA Shahid Khaqan Abbasi is the second richest MP with assets worth Rs. 1.62 billion.

PML-N’s Nuzhat Sadiq is the richest female parliamentarian. She owns assets worth Rs. 910.28 million. The Prime Minister’s Advisor Asma Arbab Alamgir is the second richest woman.

In addition, assets of MNA Muhammad Kamran Khan grew 42 times during the past one year.

http://www.samaa.tv/News25411-MPs_av...rs_report.aspx
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