International News

Despite Panama Papers investigation, Nawaz Sharif remains a billionaire

Details released by the Election Commission of Pakistan show the net worth of the PM’s declared assets standing at 1.84 billion Pakistani rupees in 2016.

Pakistan Prime Minister Nawaz Sharif has retained the status of a billionaire, one he had gained just before becoming the head of the Pakistan government in 2013, a report in The Tribune said on Thursday. Details released by the Election Commission of Pakistan show the net worth of his declared assets standing at 1.84 billion Pakistani rupees (Rs 1.13 billion) in 2016.

Sharif also continues to receive substantial amounts from his son, despite appearing before a Joint Investigation Team in Islamabad which is investigating money laundering allegations against him in the Panama Papers case. The ECP on Thursday released details of statements of accounts and liabilities of Pakistani lawmakers for 2016.

The data shows that assets owned by Sharif and his wife Kulsoom Nawaz amounted to just 1.66 million Pakistani rupees in 2011, but swelled to 1.82 billion Pakistani rupees by 2013, and has remained around 2 billion Pakistani rupees since.

Interestingly, cricketer-turned-politician Imran Khan, who has been at the forefront of the opposition to Sharif, also holds assets worth over 1.4 billion Pakistani rupees.

Sharif had on Thursday appeared before the JIT, and was questioned for nearly two hours. Later, he said that he had submitted his financial documents to the JIT, reported Reuters. “It should be noted that these allegations have nothing to do with my tenure as prime minister and are not charges of corruption. They are charges against me and my family on a personal level,” Sharif said attacking his opponents. “My opponents have levied charges of corruption against me. However, neither in the past, nor in the present, have any charges of corruption been proved against me and my family.”

The Pakistan PM then asserted that there will be a “bigger JIT next year, comprising 200 million people”, referring to the 2018 Pakistani elections. He added that he had appeared before the JIT because “we are all equally accountable to the institutions”. Sharif questioned whether any other political family in Pakistan had appeared for the sake of accountability. He also claimed that “some unseen elements were hatching conspiracies against me and democracy, which would damage the country”, reported PTI.

We welcome your comments at
Sponsored Content BY 

Children's Day is not for children alone

It’s also a time for adults to revisit their childhood.

Most adults look at childhood wistfully, as a time when the biggest worry was a scraped knee, every adult was a source of chocolate and every fight lasted only till the next playtime. Since time immemorial, children seem to have nailed the art of being joyful, and adults can learn a thing or two about stress-free living from them. Now it’s that time of the year again when children are celebrated for...simply being children, and let it serve as a timely reminder for adults to board that imaginary time machine and revisit their childhood. If you’re unable to unbuckle yourself from your adult seat, here is some inspiration.

Start small, by doodling at the back page of your to-do diary as a throwback to that ancient school tradition. If you’re more confident, you could even start your own comic strip featuring people in your lives. You can caricaturise them or attribute them animal personalities for the sake of humour. Stuck in a boring meeting? Draw your boss with mouse ears or your coffee with radioactive powers. Just make sure you give your colleagues aliases.

Pull a prank, those not resulting in revenue losses of course. Prank calls, creeping up behind someone…pull them out from your memory and watch as everyone has a good laugh. Dress up a little quirky for work. It’s time you tried those colourful ties, or tastefully mismatched socks. Dress as your favourite cartoon characters someday – it’s as easy as choosing a ponytail-style, drawing a scar on your forehead or converting a bath towel into a cape. Even dinner can be full of childish fun. No, you don’t have to eat spinach if you don’t like it. Use the available cutlery and bust out your favourite tunes. Spoons and forks are good enough for any beat and for the rest, count on your voice to belt out any pitch. Better yet, stream the classic cartoons of your childhood instead of binge watching drama or news; they seem even funnier as an adult. If you prefer reading before bedtime, do a reread of your favourite childhood book(s). You’ll be surprised by their timeless wisdom.

A regular day has scope for childhood indulgences in every nook and cranny. While walking down a lane, challenge your friend to a non-stop game of hopscotch till the end of the tiled footpath. If you’re of a petite frame, insist on a ride in the trolley as you about picking items in the supermarket. Challenge your fellow gym goers and trainers to a hula hoop routine, and beat ‘em to it!

Children have an incredible ability to be completely immersed in the moment during play, and acting like one benefits adults too. Just count the moments of precious laughter you will have added to your day in the process. So, take time to indulge yourself and celebrate life with child-like abandon, as the video below shows.


This article was produced by the Scroll marketing team on behalf of SBI Life and not by the Scroll editorial team.