News @ 3 – 5th Dec 2016

December 5, 2016 875 No Comments


ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has rejected money-laundering charges against him, ARY News reported on Monday.

In his written reply to Election Commission of Pakistan, the PTI chairman said that the allegations of tax evasion and money laundering against him are false and baseless.

Khan said that he purchased a flat in London worth £1,17,000 and formed a company named Niazi Services Limited worth £9. He claimed that the only asset of Niazi Services Limited was the flat which he purchased in London.

The PTI chairman went on to say that that he bought the land of his Bani Gala residence in Islamabad for Rs. 43,50,00,000 back in 2002 and paid the money in installments.

He also stated that the advance amount of Rs. 6.5 million for Bani Gala’s land purchase was paid by his own sources. He also mentioned that his former wife Jemima Goldsmith had 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”.

PTI chief also claimed that the flat he owned in London was purchased from the income he earned abroad. He said the evidence of purchase of the Bani Gala land by Jemima Goldsmith also present.

Imran Khan also stated in the reply that the amount paid back to Jemima in year 2003 as earlier decided.

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


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