Musharraf admits receiving financial aid from Saudi King

Musharraf admits receiving financial aid from Saudi King

ANIUpdated: Thursday, May 30, 2019, 11:27 AM IST
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Islamabad : Former Pakistani president 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).          –ANI

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