The sources of her income and assets had nothing to do with any “charities with which she or any of her siblings is associated”, the statement said. In her statement, Khanum revealed four sources for the purchase of foreign properties. She said that financing of foreign properties had come from the sale of property owned in Pakistan, including property owned or inherited by her husband and remission of funds from Pakistan through banking channels. “Part of the foreign earnings of this company was allowed by the applicable law to be retained overseas,” it added. “The total equity (non-loan) investment made by our client or her husband in the purchase of properties outside Pakistan was not more than Rs7.25 crores spread over several years.

Source: The Express Tribune January 25, 2019 15:07 UTC