Nawaz Sharif trying to answer tax question and spilling the beans on assets. Very funny
Watch how Nawaz Sharif answers a question about his 5K tax return. He tries to dodge his way out of it, without really answering the question and in the end makes a statement full of contradictions and actually accepts his assets abroad. Questions to answer:
1) At about 7.10, he actually admits that he set up a factory in Saudi. As he says during the conversation his assets were frozen by Musharraf, where did the money come for setting the factory up?
2) Why isnt it declared in his wealth statement?
3) Where and how did the money get transferred? As far as we know there is no record of any movement of money from Pakistan for this purpose.
4) He claims the taxes paid by the companies of his family because they are "munsalik" with his person, but he does not include them in his assets
5) He is misleading everyone regarding Sales Tax paid by these companies. Sales Tax is a tax collected from customers. It has been collected from customers and is in reality not a tax paid by him
http://www.youtube.com/watch?v=2RtSr5YOud8