Questions have been raised about major discrepancies between former federal minister Asad Mahmood’s declared assets, income and high-value real estate link to him, it was reported on Thursday.
Documents and complaints filed with authorities allege a severe gap between his (Asad’s) official financial filings and the estimated worth of properties in Islamabad.
Asad Mahmood, son of Jamiat Ulema-e-Islam-Fazl (JUI-F) Ameer Maulana Fazlur Rehman, and a former Minister for Communications and Postal Services is facing major corruption and abuse-of-authority investigations by Pakistani anti-corruption agencies.
The authorities stated that Asad Mehmood deliberately hide facts in income tax wealth statement, showed himself as a salaried person but neither mention the institution, nor appointment letter and salary slip as well in the returns. In form B, he claimed two properties in Multan showing worth Rs 2.7 million and Rs 2.5 million but in the wealth statement it was Rs 5.5 million and Rs 7.7 million respectively.
Authorities continued that Asad Mahmood paid Rs 3.0 million to Naeem Haider Gormani and not disclosed under what head. “Why he did not expose three houses at G-6 Islamabad and vehicles worth millions of rupees,” they maintained.
