Imran Khan denies accusations of money laundering, tax evasion
The cricketer-turned politician said that the land in Bani Gala was bought by him for Rs. 435 million in 2002.
Islamabad: Pakistan Tehreek-i-insaf (PTI) chairman Imran Khan has denied accusations of money laundering and tax evasion during the hearing of a petition filed in the Supreme Court.
A petition was filed in the top court earlier in November by the Pakistan Muslim League-Nawaz leader from Rawalpindi, Hanif Abbasi, seeking disqualification of the PTI chief and party secretary-general Jehangir Tareen for not disclosing their assets and offshore companies before the Election Commission of Pakistan (ECP) as well as allegedly running the party through foreign aid.
"All accusations are false and incorrect," the Dawn quoted Khan as saying in his reply.
Stating that Abbasi had malafide intentions, Khan called for the petition to be dismissed and imposition of a fine on the Pakistan Muslim League-Nawaz leader.
The cricketer-turned politician said that the land in Bani Gala was bought by him for Rs. 435 million in 2002.
The PTI chief said that an advance payment of about Rs. 6.1million was paid by him and Jemima Khan paid off the rest.
Khan said that he has the documents to prove the transaction took place.
The PTI chief further said that he paid about 117,000 pounds from the money earned by him to buy his London flat.
He said that the flat was sold by him for 7,15,000 pounds, adding he gave all the money after the tax deduction to Jemima in 2003.
Khan asked the Federal Board of Revenue (FBR) as to why they were investigating his taxes after 13 years.
Asserting that he has never lied about the property that he owns, the PTI chief said, "I have been paying all my taxes for three decades now."