Prime Minister Imran Khan’s sister Aleema Khan is under fire after owing illegal foreign assets including Rs450 million worth of property in US state of New Jersey and allegedly she had not declared her American property till 2017.
Aleema Khan on Friday (Jan 25) disclosed details of the financial sources for the purchase of properties abroad. According to her lawyer Salam Akram Raja, Aleema Khan and her husband sold their local inheritance to buy property abroad adding that earned money was transferred out of Pakistan through banks. According to the lawyer, Aleema Khan was a 50 per cent owner of a textile company which exports its products. Akram added that foreign earnings of this company were kept abroad and used for purchasing the assets.
The sources of her income and assets have no connection with “charities with which she or any of her siblings is associated”, the statement said. “Suggestion to the contrary was only baseless speculation” and that she reserved all her legal rights. “Likewise, earnings of the company in which our client [Khanum] holds 50 per cent interest that was engaged in the business of export facilitation of textile products from Pakistan,” the statement said. “Part of the foreign earnings of this company was allowed by the applicable law to be retained overseas,” it added.
In December, the Supreme Court ordered Aleema Khan to deposit Rs29.5 million in taxes and fines after taking a suo motu notice of her undeclared property in UAE.
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17 November, 2019