Khawaja Saad Rafique submits assets details to ECP

According to documents submitted to the Election Commission of Pakistan (ECP), former railways minister and leader of Pakistan Muslim League Nawaz (PML-N), Khawaja Saad Rafique, owns assets worth Rs 178.4 million. 

The Pakistan Muslim League Nawaz (PML-N) leader has declared he inherited two family homes in Lohari worth Rs 125,000.

The documents also shows that Rafique owns a house in Lahore’s Defence Phase 2 worth Rs 48. 2 million.

Rafique also owns total 32 kanal agricultural land in Moza Phalrawan which is valued at almost Rs 70 million, as per the documents.

The former railways minister is also the owner of Sadian Associates Marketing and Consultancy which is worth Rs 29.8 million.

He has also revealed ownership of Rs 14 million in prize bonds and cash. Furthermore, Rafique owns shares worth Rs 11.5 million.

The PML-N leader owns furniture worth Rs 2.5 million and has Rs15 million in his bank account.

According to the documents, he has also borrowed Rs 29.5 million from a cousin.

Rafique has listed two wives, two daughters and a son as dependents in the documents submitted to the ECP.

In 2015, Rafique paid Rs 2.9 million in taxes on Rs 22.6 million earned income and paid Rs3.9 million in taxes on an income of Rs 29.9 million in 2016.

Moreover, the former railways minister paid Rs 5.2 million in taxes on his income of Rs 39.8 million in 2017. 

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