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What is the new Toshakhana case against Imran Khan?

18 May, 2024 17:23

In a major development in Toshakhana reference against former Prime Minister Imran Khan and his wife Bushra Bibi, the National Accountability Bureau has launched another investigation into alleged illegal possession precious watches, gifts and jewellery.

According to JIT’s inquiry report allegations involve the unauthorized sale of valuable items such as Graff and Rolex watches, as well as diamond and gold jewellery.

The report finds that these gifts were sold without being legally owned or deposited in the Toshakhana, as required by law.

The inquiry report specifically mentions a set of expensive Graff watches that were sold without proper retention.

It highlights the legal mandate that all gifts must first be reported and deposited in the Toshakhana. Only items valued up to Rs30,000 can be retained for free by the recipients.

The report further states that gifts were sold without owning them according to the law, in connivance with the private estimator, the buyer of Graph Watch was benefited.

According to the Toshakhana inquiry report, the price of the watch has been estimated at Rs109.20 million, 20 percent amount, Rs201,78,000 has been given to the government treasury.

It has been revealed that it is mandatory to report each gift first and submit it to the Toshakhana, only gifts worth up to Rs30,000 can be kept with them free of cost.

It is worth mentioning here that, the Islamabad High Court (IHC) on Monday fixed the appeals of Pakistan Tehreek-e-Insaf (PTI) founder and Shah Mehmood Qureshi against their cipher conviction.

A two-member bench comprising Chief Justice of Islamabad High Court (IHC) Justice Asif Ali Khan and Justice Miangul Hassan Aurangzeb will hear the appeals filed by Imran Khan and Shah Mehmood Qureshi on May 21.

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