Khawaja Saad Rafique

PML-N’s Saad Rafique owns assets worth Rs178.4 million

F.P. Report

LAHORE: Senior leader of Pakistan Muslim League-Nawaz (PML-N) and former railways minister Khawaja Saad Rafique owns assets worth Rs178.4 million.

According to the documents submitted to the Election Commission of Pakistan (ECP), Saad Rafique has declared he inherited two family homes in Lohari worth Rs125,000 and also owns a house in Lahore’s Defense Phase 2 worth Rs 48. 2 million.

As per the documents submitted by Saad Rafique, he also owns total 32 kanal agricultural land in Moza Phalrawan which is valued at almost Rs70 million.

PML-N leader also the owner of Sadian Associates Marketing and Consultancy which is worth Rs29.8 million and he also have the prize bonds and cash worth Rs 14 million. Further, Rafique owns shares worth Rs11.5 million.

He revealed that he has also borrowed Rs29.5 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 Rs2.9 million in taxes on Rs22.6 million earned income and paid Rs3.9 million in taxes on an income of Rs29.9 million in 2016.

Further, the former railways minister paid Rs5.2 million in taxes on his income of Rs39.8 million in 2017.


Posted in