It is revealed that the accused have acquired 10 immovable
properties in Delhi, Goa and Punjab and also deposited money in their bank accounts disproportionate to their legal income during the period 2003-2008.
In March, the federal anti-graft watchdog filed a reference against Mr Durrani, his spouse and four children among 19 suspects allegedly for acquiring movable and immovable
assets valued at around Rs1.61bn through illegal means.
There is no evidence of any risk or dissipation of any of the assets placed before court which include Aeroplanes, ships and other immovable
properties," Mr Musyoki adds.
The bulk of the immovable
property is located at his village, Pera Pedi, and was donated to him by his mother.
total (mobile and immovable
property, for the year 2020): eur 208 121,37.
Further, the Minister Matambo said the proposed amendments would also try to remove the requirement for spouses to be married in community of property for transfers of immovable
property between them to be exempted from payment of transfer duty.
Thereby as a corrective measure, the withholding tax on purchase of immovable
properties has been proposed to be lightened from 2% to 1%.
The meeting discussed the issue of valuation of immovable
properties and informed the participants that using valuation tables was a temporary proposition and isn't a long-term measure for the assessment of such properties.
In the operation, 20 immovable
structures were demolished while 85 temporary encroachments were removed.
In the budget 2018/2019, the parliament withdrew the scheme and introduced new mechanism for property valuation and announced setting up a directorate of immovable
properties in the FBR.
During the seminar, the staff of the Department of Cadastre and Registration of Immovable
Property Rights and the State Cartographic and Geodetic Service shared their knowledge and experience that they learned from Korea, and the specific topic of the seminar are national infrastructure for spatial data, GIS in cartography, GNSS / GPS systems, unmanned aerial vehicles.
The guidelines also provide for advance preparatory action to be taken by administrative ministry or department and CPSEs, preparation of closure proposal, settlement of statutory and other liabilities of the CPSE and modalities for disposal of movable and immovable
assets of such CPSEs in a time bound manner.