Sat, Jun 24, 2017 | updated 09:02 PM IST

Musharraf admits to receiving huge financial aid from Saudi King

Updated: Nov 09, 2016 20:31 IST      
Musharraf admits to receiving huge financial aid from Saudi King

Islamabad [Pakistan], Nov. 9 (ANI): Former Pakistani president and military ruler General (Retd.) Pervez Musharraf has disclosed that he was helped by the late Saudi King Abdullah after he left power and had no place of his own to live in the UK.

In a TV interview, Musharraf said that he did not beg for money but King Abdullah gave him a huge amount though he did not disclose the exact amount, reports the News.

According to a once a close aide of the former dictator, Musharraf was also helped by the rulers of another Arab state.

Earlier in 2012, the News reported that Musharraf's foreign accounts contained millions of dollars.

However, in his income tax returns to the Election Commission of Pakistan for 2013 general elections, Musharraf neither mentioned that he was the recipient of a "gift" from Saudi ruler nor disclosed his wealth outside the country.

In his memoirs - In the Line of Fire - Musharraf admitted that he had come from a really humble background where they did not have enough money but now he is a billionaire.

In 2012, The News reported that Musharraf made huge saving investments abroad to earn large profits. In just one Dubai-based online trading service - MMA - he had USD 1,600,000 (Rs 145 million) in 2011.

In one of the many accounts he held in the Union National Bank, which is an investment bank in Abu Dhabi, Musharraf and his spouse Sehba Musharraf had a joint account No 4002000304, in which the amount in 2011 was almost UAE Dirhams 17,000,000 (Rs 391 million).

In his nomination papers filed for the May 2013 elections, Musharraf had declared the total value of his assets at Rs. 645 million, which was far less than the amount shown in his offshore accounts.

In the assessment year 2012, he declared Rs. 1,567,000 as his total income but paid no tax. In the 2011 assessment year, he declared Rs. 1,467,420 as his income but paid no tax. In the year 2010, he declared Rs. 1,386,168 as his income but paid no tax.

In his tax papers of these three years, there is no mention of who helped him with millions of dollars or how he had accumulated billions in foreign accounts besides the property that he had purchased in London and Dubai. (ANI)

Washington D.C. [United States], June 24 (ANI): Director of India initiative at Hudson Institute Dr. Aparna Pande has said that H1B visa is a part of United States President Donald Trump's desire to overhaul the entire immigration system of the country.

Full Story >>

Death toll in Parachinar twin blasts reaches over 50

Updated: Jun 24, 2017 19:51 IST     

Parachinar (Kurram Agency) [Pakistan] June 24 (ANI): The death toll in Friday's twin blasts in one of the busiest neighbourhoods in Kurram Agency's Parachinar rose to 57 on Saturday.

Full Story >>

Portuguese PM arranges special 'Gujarati lunch' for PM Modi

Updated: Jun 24, 2017 19:42 IST     

Lisbon [Portugal], June 24 (ANI): A gesture exuding personal warmth and attention, Portuguese Prime Minister Antonio Costa organised a special Gujarati meal at the lunch organised for visiting Prime Minister Narendra Modi.

Full Story >>

PM Modi arrives in Portugal on first leg of three-nation tour

Updated: Jun 24, 2017 17:58 IST     

Lisbon [Portugal], June 24 (ANI): Indian Prime Minister Narendra Modi reached Lisbon, Portugal on the first leg of his three-nation tour on Saturday.

Full Story >>

The 'Indian connection' will reflect in Modi-Costa talks

Updated: Jun 24, 2017 17:15 IST     

Lisbon [Portugal], June 24 (ANI): The Indian connection of Portuguese Prime Minister Antonio

Full Story >>

Islamabad [Pakistan], June 24 (ANI): Terrorist sanctuaries in Afghanistan are squarely to be blamed for the recent bombings in Quetta and Parachinar, claimed the Inter-Services Public Relations wing of the Pakistan armed forces on Saturday.

Full Story >>

The Hague [The Netherlands], June 24 (ANI): The United Nations has awarded the first prize for public service to the West Bengal Government for its girl child scheme titled "Kanyashree Prakalpa".

Full Story >>

Student injured in explosion in South Waziristan

Updated: Jun 24, 2017 16:38 IST     

Islamabad [Pakistan], June 24 (ANI): At least one student was injured when a landmine exploded in Ladha, South Waziristan, on Saturday.

Full Story >>

JIT interrogates Sharif's son-in-law

Updated: Jun 24, 2017 16:12 IST     

Islamabad [Pakistan], June 24 (ANI): Captain (Retired) Mohammad Safdar, Pakistan Prime Minister Nawaz Sharif's son-in-law, was interrogated by the Joint Investigation Team (JIT) that is looking into the Panamagate case on Saturday.

Full Story >>

14 PIA personnel arrested for drug smuggling through planes

Updated: Jun 24, 2017 14:36 IST     

Islamabad [Pakistan], June 24 (ANI): Fourteen employees of the Pakistan International Airlines (PIA) have reportedly been arrested by the Anti-Narcotics Force (ANF) on charges of drug smuggling through PIA aircraft.

Full Story >>

Two suspected terrorists killed in Peshawar

Updated: Jun 24, 2017 14:35 IST     

Islamabad [Pakistan], June 24 (ANI): Police in Peshawar have confirmed the elimination of two suspected terrorists in the Chamkani area of the city this morning.

Full Story >>

New Delhi [India], June 24 (ANI): British Columbia Supreme Court judge of Indian-origin Parbinder Kaur Shergill has become first turbaned Sikh woman Supreme Court judge of Canada.

Full Story >>

US special envoy to Af-Pak region steps down

Updated: Jun 24, 2017 13:51 IST     

Washington D.C. [United States], June 24 (ANI): Laurel Miller, United States acting Special Envoy to Afghanistan and Pakistan, has resigned to return to a position at the Rand Corporation.

Full Story >>

China again stalls India`s NSG bid

Updated: Jun 24, 2017 11:55 IST     

Berne [Switzerland] June 24 (ANI): Thanks to China, India's wait for Nuclear Suppliers Group (NSG) membership continues as the twenty-seventh plenary meeting of the body ended here without handing out any good news for New Delhi.

Full Story >>

Saudi Arabia's demands 'infringe upon our sovereignty': Qatar

Updated: Jun 24, 2017 11:36 IST     

New Delhi [India]/Doha [Qatar], June 24 (ANI): Responding to the list of demands handed over to Qatar by Saudi Arabia as the price for lifting a blockade on trade and diplomacy, Qatar's Ambassador to the United States Meshal bin Hamad Al Thani has asserted that it was an attempt to 'infringe' upon the state's sovereignty.

Full Story >>

100 feared buried by landslide in Southwest China

Updated: Jun 24, 2017 11:35 IST     

Beijing [China], June 24 (ANI):As many as 100 people are feared buried under a landslide in China's Sichuan province on Saturday morning, reports Xinhua, quoting authorities in Maoxian County.

Full Story >>

London [U.K.], June 24 (ANI): Scores of Afghans took part in a protest march in Central London against Pakistan for sponsoring terrorism and creating instability in their country.

Full Story >>

Washington [USA], June 24 (ANI): Ahead of Prime Minister Narendra Modi's three-day official visit to the United States, India's Ambassador to that country, Navtej Sarna, said Saturday that Prime Minister Modi and President Trump would discuss crucial issues such as counter-terrorism, security and cyber security.

Full Story >>

Jaishankar meets Tillerson ahead of PM Modi's visit

Updated: Jun 24, 2017 09:07 IST     

Washington [USA] June 24 (ANI): Foreign Secretary S Jaishankar has met US Secretary of State Rex Tillerson ahead of Prime Minister Narendra Modi's US visit.

Full Story >>

London [UK], June 24 (ANI): In the aftermath of the tragic fire that broke out at the Grenfell Tower, residents from over 800 homes were evacuated following inspection of fire safety norms and its compliance, reports The Guardian.

Full Story >>