Farah Gogi’s assets swell by Rs 4,520 million during PTI tenure

ISLAMABAD:  A shocking story of corruption has emerged during the three-year rule of Pakistan Tehreek-e-Insaf, revealing the massive wealth accumulation by Farhat Shazadi alias Farah Gogi, the front person of former first lady Bushra Bibi.

According to documents available with HUM News English, Farah Gogi’s declared and undeclared assets have increased by Rs4,520 million from 2017 to 2020.

Farah Gogi had assets of Rs950 million in 2020, while her undeclared assets were amounted to Rs3,825 million.

Farah Gogi’s declared assets increased by 420% and undeclared assets by 15,300% in just three years.

These assets are the personal property of Farah Gogi, while the assets of Ahsan Jameel Gujjar and other relatives and shareholders are separate.

According to SECP records, Farah Gogi is a shareholder in several companies, including Ghousia Builders (SMC Pvt Ltd), Al Baraq Housing Pvt Ltd, Al Baraq Foods Pvt Ltd, Al Muez Dairy & Foods Pvt Ltd, Dayan Properties Pvt Ltd, Doctors Clinical Care Pvt Ltd, and Sina Toria Hospital Management Company Pvt.

On December 3, 2019, the PTI government received 190 million pounds from Britain under an out-of-court settlement with property tycoon Malik Riaz.

On July 19, 2021, Farah Gogi received 240 kanals of land from the same property tycoon as a bribe. The PTI government dropped a Rs460 billion damages case against the property tycoon in exchange for the out-of-court settlement on December 3, 2019.

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The PTI government received 190 million pounds from UK’s NCA and Farah Gogi also availed the tax amnesty scheme announced in 2018.

She took bribes for transfer postings and government contracts for her companies. Farah Gogi regularized more than Rs489 million of black money.

Farah Gogi’s agricultural land in Bahawalpur and Gujranwala, residential and commercial properties in Islamabad and Lahore, and 200 kanal agricultural land in Chakri are owned but undisclosed by her.

Farah Gogi was also involved in heinous crimes like money laundering. Farah Gogi and her husband were working as fake doctors and as directors in Goldstar Euro Pvt Ltd, which was exposed as a shell company. On February 11, 2022, Manika Private Limited was established.

The number of Farah Gogi’s bank accounts in Pakistan increased from 2019 to 2021. Rs426 million were deposited in one bank account from 2018 to 2022, while Farah Gogi, Ahsan Jameel Gujjar and their partners had 102 bank accounts across the country. The total value of these accounts was Rs14.5 billion. This money was taken as the front person of the PTI chairman.

Farah Gogi fled the country after the end of PTI government, along with many other associates who looted the public money.