What Is Ishaq Dar’s Actual Net Worth?

Ishaq Dar has claimed that he only owns a single property in Pakistan.


  • The PML-N leader, Ishaq Dar, has claimed that he only owns a single property in Pakistan.
  • As per the 2016 report, the total of Dar’s declared assets amounted to nearly PKR 600 million.

Ishaq Dar assets
The Former finance minister, Ishaq Dar, says he only owns a single property.

The PML-N leader and former finance minister, Ishaq Dar, has claimed that he only owns a single property in Pakistan and dismissed allegations of his property interests abroad.

In 2017, Dar was indicted in a corruption reference filed by the National Accountability Bureau on the accusation that he possessed assets beyond his known sources of income.

Following this, the Election Commission of Pakistan (ECP) forms and annexes submitted by Dar to declare his wealth on the 30th of June, 2016, were shared widely on the internet.

Ishaq Dar assets

As per the ECP annexes, the total of Dar’s declared assets amounted to nearly PKR 600 million (PKR 583,462,230) at that time.

In Gulberg, Lahore, only a house was listed in the “immovable property” section. It was purchased in 1988 for over PKR 2.5 million (PKR 2,505,808).

It was also mentioned that Ishaq Dar had over PKR 1 million worth of stocks in his company, Hajveri Holdings (PVT) LTD, the initial cost of which was under PKR 3 million.

Moreover, Huge investments include PKR 124.3 million parked in the National Investment Unit Trust and PKR 325.7 million in Pakistan Investment Bonds (PIBs).

Investments, bonds, and certificates aside, the former minister listed three vehicles in the “movable property” section:

  • A 2004 Land Cruiser worth PKR 4 million
  • A 2008 Mercedes worth PKR 8 million
  • A 2014 Land Cruiser worth PKR 15 million

He listed his wife’s jewelry valued at PKR 1.5 million and his own collection of wristwatches valued at PKR 278, 000.

According to the forms, “In other assets, the PML-N leader owned PKR 23,825, over PKR 27 million in cash and prize bonds, while more than PKR 25 million in the bank.”

Ishaq Dar assets

Ishaq Dar assets

What are your views on this? Share with us in the comments below.

 

  • His lies are exposed to the whole world, actually his leader and he himself both are on run from a judicial system which is formed by their own government.


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