Dubai leaks: Musharraf, Zardari among elite Pakistanis who own 22,000 properties worth $12.5 billion
India TV NewsDubai: While cash-strapped Pakistan struggles to recover from high inflation and a crippling debt crisis, a recent report has revealed that rich Pakistani nationals own up to 22,000 properties worth $12.5 billion in the global financial hub, citing leaked data used by an international consortium of journalists used to access details of properties in Dubai. More than a dozen retired military officials and their families, as well as bankers, politicians and bureaucrats, are among the 22,000 listed owners from Pakistan who own properties in upscale Dubai areas, reported Geo News. Also among the Pakistanis listed in the report are President Asif Ali Zardari’s three children, Interior Minister Mohsin Naqvi’s wife, Sharjeel Memon and family members, Senator Faisal Vawda, Farah Gogi, Sher Afzal Marwat, four MNAs and half a dozen MPAs from the Sindh and Balochistan assemblies. The report estimates that the apartments and villas may have been worth more than $10 billion at the start of 2022, but with the more than 25 per cent increase in property prices over the last two years, the real worth of Pakistanis’ residential properties in Dubai could now be well above $12.5 billion.
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