Pakistan
Imran faces new Toshakhana case: Inquiry report reveals seven watches sold
The inquiry report says the new case involves the unlawful possession and sale of ten valuable gifts including Rolex watches, diamond and gold sets
Islamabad: An inquiry report on Saturday surfaced in another case against PTI Founder Imran Khan regarding Toshakhana scandal.
The report alleged that not just one, but seven watches were illegally acquired and sold.
According to the inquiry report, the new case involves the unlawful possession and sale of ten valuable gifts including Rolex watches, diamond and gold sets. The gifts were sold without being legally claimed as personal property.
The report indicated that a valuable set was sold without being “retained” legally. It also mentioned that a private appraiser colluded to benefit the buyer of the watch.
The inquiry report said that the appraiser’s act of undervaluing the watch by thirty million rupees before receiving an email from Toshakhana is evidence of connivance. The watch in question was valued at 109.2 million rupees, and 20% of the amount, 20.178 million rupees, was deposited into the government treasury.
The report also mentioned that every gift must first be reported and submitted to Toshakhana.
Only gifts worth up to 30,000 rupees can be kept without any charge.