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Aleema owns apartments in New Jersey too: Report
By Tariq Butt January 12, 2019
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ISLAMABAD: Aleema Khanum, sister of Prime Minister Imran Khan, who is facing a case of hiding her Gulf apartment from the tax authorities in Pakistan, also owns a four-storey building containing three flats in New Jersey America, according to US property records, said a report.

These flats were never declared to the tax authorities in Pakistan by her till the financial year ending June 30, 2017, copies of her tax returns show. However, she declared it in the tax year ending June 30, 2018 after she failed to sell the US flat. But she didn’t declare the sold-out properties and is now facing a case in Supreme Court for not declaring her Gulf apartment.

The official documents of offshore company “Niazi Services Limited,” which owned a London flat, also showed Khanum as the only director of the company.

The property is located just 400 metres away from the bank of River Hudson, around four kilometres from Manhattan and three kilometres from The Wall Street, the financial capital of the world.

The title of the property having the address of 154, 6th Street, Hoboken City, New Jersey (NJ 07030), USA shows that Aleema Khanum purchased it along with her the then partner on Aug.5, 2004 from Prebola, Keith & Susan, Etals at the value (cost declared in the deed) of $758,000.

According to the deed, Khanum owns 75% of the property while her partner owns 25%. The current market value of the property stands at around $3 million (more than Rs450 million).

Iftikhar Durrani, special assistant to Prime Minister, said that Imran Khan was not responsible for the private affairs of his siblings, as they were responsible for their own acts.

The report said Khanum’s name was also given as registered director of “Niazi Services Limited” an offshore company which owned London flat of Imran Khan. His name never figured in documents of “Niazi Services Limited” but as he was secret beneficial owner and this offshore company owned his London flat which was declared by him under Tax Amnesty Scheme of Musharraf in 2001, and then in his annual returns, but official documents of offshore company only contained name of Khanum.

The record shows the property was purchased through mortgage in 2004 and later on further loans were obtained from the bank by re-mortgaging the same property by Khanum and her son Shahrez.

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