Security czar says property purchased in Dubai under his wife’s name declared with relevant authorities
- “The property bought in my wife’s name in 2017 declared”.
- Security czar says property was sold a year ago.
- Naqvis says proceeds used to buy new property some weeks ago.
Interior Minister Mohsin Naqvi said Tuesday that the property purchased in Dubai under his wife’s name was declared with relevant authorities after a bombshell report revealed that several prominent Pakistanis owned assets in the Gulf emirate.
“The property bought in my wife’s name in 2017 has been declared. The property was also shown in the tax returns filed [with relevant authorities],” Naqvi, who also served as the caretaker chief minister of Punjab, said in a statement.
The security czar said that his wife bought this property in 2017 but sold that out a year ago.
“The sale proceeds were used to buy another property some weeks ago,” he added.
His remarks came as a global collaborative investigative journalism project revealed the ownership of properties of the global elite in Dubai.
The list includes political figures, globally sanctioned individuals, alleged money launderers and criminals. Pakistanis have also been identified on the list and their combined value has been estimated at around $11 billion.
More than a dozen retired military officials and their families, as well as bankers and bureaucrats, own properties in upscale Dubai areas, according to data revealed by the Organized Crime and Corruption Reporting Project’s (OCCRP) Dubai Unlocked project.
The project — ‘Dubai Unlocked’ — based on the data that provides a detailed overview of hundreds of thousands of properties in Dubai and information about their ownership or usage, largely from 2020 and 2022, surfaced on Tuesday.
Properties purchased in the name of companies and those that are in commercial areas are not part of this analysis.
