ISLAMABAD -  Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday rejected allegations that he was involved in tax evasion and money-laundering.

“The allegations of tax evasion and money-laundering against me are false and baseless”, Khan said in a written reply submitted to the Election Commission of Pakistan (ECP).

The PTI chief said that he had purchased a flat worth £1,17,000 in London and formed a company named Niazi Services Limited. He claimed that the only asset of Niazi Services Limited was the flat which he purchased in London.

He said he bought the land of his Bani Gala residence in Islamabad for Rs435 million back in 2002 and paid the money in instalments.

He also said that the advance amount of Rs6.5 million for Bani Gala’s land purchase was paid from his own sources. He also said that his former wife Jemima Goldsmith paid the advance amount of the property after the sale of his London flat was delayed.

“It was also decided that the money that will be raised from the sale of the London flat will be paid back to Ms Goldsmith. The apartment was sold for UK Pounds 7,15,000 and a net amount of UK Pounds 6,90,000 was received after deduction of taxes”.

The PTI chief also claimed that the flat he owned in London was purchased from the income he earned abroad. Khan also said in the reply that the amount was paid back to Jemima in the year 2003 as decided.

He refuted the accusations of purchasing Bani Gala land through black money terming it false.

He also mentioned in his reply that the Federal Board of Revenue did not raise any objections over the property of his residence in Islamabad not did he issue any false statements about it.

“I am paying taxes for the past three decades,” Khan said.

Meanwhile, a five-member commission headed by Chief Election Commissioner Justice (r) Sardar Raza heard the petition against PTI Secretary General Jehangir Tareen and asked him to submit his reply, otherwise, the commission will announce its decision on December 15.