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Pakistan: Imran Khan earned Rs 36 million by selling three Toshakhana-gifted watches to local watch dealer
Imran Khan
File image from Wallpaper Cave

Pakistan: Imran Khan earned Rs 36 million by selling three Toshakhana-gifted watches to local watch dealer

| @indiablooms | 02 Jul 2022, 12:07 am

Islamabad: Former Pakistan Prime Minister Imran Khan, who was ousted from power earlier this year, reportedly sold three watches from Toshakhana collectively worth more than Rs 154 million to a local watch dealer.

Details of an official inquiry shared with this correspondent reflect Imran Khan earned millions of rupees from these jewel-class watches gifted to him by foreign dignitaries. These watches are in addition to the ones reported earlier in the media, reported The News International.

The most expensive watch — more than Rs 101 million value — was retained by the-then prime minister at 20 percent of its value after his government amended the Toshakhana rules and settled the gift retention price at 50 percent of its original value, the newspaper reported.

Instead of buying those gifted jewel watches from Toshakhana from his own pocket, the ex-prime minister first sold the watches and then deposited 20 percent of each in the government treasury, revealing documents and sale receipts available with this scribe.

Toshakhana documents reveal the former prime minister earned Rs36 million from the sale of these three expensive watches gifted by visiting dignitaries from friendly Gulf countries. A real windfall profit was earned through sale of a watch gifted to him by a high dignitary from the Middle East, the Pakistani newspaper reported.
 

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