Former prime minister Imran Khan reportedly earned Rs36 million after selling three jewel-class watches gifted to him by foreign dignitaries during his prime ministership.
According to a report published by The News, Imran Khan sold three watches from Toshakhana collectively worth more than Rs154 million to a local watch dealer.
A watch worth more than Rs101 million was retained by the former premier at 20 per cent of its value after his government amended the Toshakhana rules and fixed the gift retention price at 50 percent of its original value.
The former PM had declared he sold the watch for Rs51 million and deposited Rs20 million in the government treasury, thus earning a whopping Rs31 million.
Another gifted watch was sold by Imran Khan for Rs5.2 million. This gift, as per the rules, was assessed by official evaluators for Rs3.8 million. He deposited in the government treasury 20 per cent of the value amounting to Rs0.75 million, earning almost Rs4.5 million.
Another watch was sold by the former premier for Rs1.8 million. The official value assessed for this watch was Rs1.5 million. Imran paid Rs0.29 million, earning another profit of Rs1.5 million from this deal.
Pakistan is indeed blessed to have a ghadi-chor Niazi as it’s PM. What a banana republic.