PTI announced to take legal action against Dubai-based businessman Umar Farooq Zahoor in the UAE after he revealed buying Toshakana gifts given to ex-prime minister Imran Khan by Saudi Crown Prince Mohammad Bin Salman.
Businessman Zahoor claimed that Farah Gogi and Shahzad Akbar sold the expensive Graff wristwatch worth at least Rs2 billion to him, and he has evidence to back it.
In an affidavit, the businessman listed four gifts he purchased from Farah Gogi a close friend of Imran Khan’s wife Bushra Bibi, who was also embroiled in corruption cases recently.
In a press conference alongside PTI leader Zulfi Bukhari, PTI Senior Vice President Fawad Chaudhry said the party has decided to initiate legal proceedings against Zahoor as he claims were baseless.
“In 2018, the Saudi crown prince gifted a watch to Imran Khan and the controversy over the watch’s price has been going on for a while now,” the former federal minister said.
PTI Senior Leader Fawad Chaudhry said the watch was priced at Rs100 million, and in line with the law regulating Toshakhana, Imran Khan sold it for more than Rs50 million in the market and filed capital gain tax on it.
Divulging into the details of Toshakahan’s procedures, the PTI leader said when the gifts given to state officials arrive in Pakistan, they are deposited into Toshakhana.
Defending the former prime minister and PTI Chief Imran khan, Fawad Chaudhry said the gift items were not sold to the Dubai-based businessman and Bushra Bibi’s friend had no role in their sale.
“The watch was not sold to anyone named Umar Zahoor. The watch was not handed over to Farah for sale and she has no role in it,” he said, as he leveled allegations against the millionaire. Fawad Chaudhry said Businessman Umar Zahoor has a total of three brothers who are serving jail time in Norway. He added that the businessman himself was facing criminal cases.