Interested in Moonis Elahi Net Worth, Age, Height, Bio, Birthday, Wiki, here is key summaries worth reading.
Moonis Elahi is one of the richest Politician from Pakistan. According to our analysis, Wikipedia, Forbes & Business Insider, Moonis Elahi's net worth $5 Million. (Last Update: December 11, 2023)
Chaudhry Moonis Elahi (Urdu: چوہدری مونس الٰہی ; born 12 April 1976) is a Pakistani politician who has been a Member of the National Assembly of Pakistan since October 2018. Previously, he was a member of the Provincial Assembly of the Punjab from 2008 to May 2018.
A report stated that Elahi had declared the value of his assets at not more than Rs 0.5 million in 2007. However, in 2009, he had assets worth over Rs 700 million.
In 2016, he was named in the Panama Papers for having offshore bank accounts outside Pakistan. However his father claimed that Elahi had nothing to do with offshore accounts. In 2017, National Accountability Bureau begin fresh investigation into Elahi’s wealth.
In 2010, Elahi was accused of corruption of Rs 320 million in the NICL scandal during his father’s tenure as the Chief Minister of Punjab. Elahi denied the charges levelled against him. He was declared a proclaimed offender for failure to appear before the investigation committee and as a result, he was arrested and jailed. He was later acquitted in 2011 due to inconclusive evidence and in 2012 all charges in the regard were dropped. Accountability court on 2 January 2020, observing that the prosecution had failed to bring on record any evidence acquitted all others accused in the NICL scandal.
Gujrat, Elahi’s hometown is the hub (70-75%) of Pakistani electric fan manufacturing industry. Struggling under severe economic and government pressures the Pakistani fan manufacturers threatened to shut-down their factories endangering the livelihood of thousands of families. Elahi set-up and attended a meeting on 25 February 2020 of Pakistan Electric Fan Manufacturers Association with federal Finance Minister Abdul Hafeez Shaikh to resolve the issues.