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Archive for May, 2017

Video: Najam Sethi Exposed

 

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Pakistan: Locally underrated, globally misunderstood


Pakistan: Locally underrated, globally misunderstood
Posted By Zahra Mohammed


“Out of all the places in the world, why on earth would you want to go to Pakistan?” 

A question I have heard in various forms by countless people. After six months of living in Pakistan, I imagined the questions and shock would have settled by now. However, I am still continuously asked why I am here. On many occasions, Pakistanis have been just as shocked as anyone else as to why a non-Pakistani would ever want to stay in such a country.
I am not only troubled with the misconceptions and ignorance of non-Pakistanis, yet find it just as upsetting that locals think so poorly of their own nation and people.  I am well aware of the socio-economic and political factors that are hindering the progress, prosperity and full potential of Pakistan, yet do Pakistanis really have nothing to be proud of?
Nonetheless, I can’t ignore the countless problems facing Pakistan. Poverty is widespread and visible on the streets.  It is rare to go out of the house without being approached by beggars. The gap between rich and poor is massive. Poverty levels match up with the extremely low overall literacy rate of approximately 50% and the millions of school-aged children that are not even enrolled in school. It is also linked to a number of other socio-economic factors facing millions of Pakistanis, however most of these issues are ones faced by many developing nations around the world and not specific to Pakistan per se.
Unfortunately, Pakistan has a reputation of being an uncivilized and inherently violent country. I was recently asked:

“So, are there roads in Pakistan?”

Sounds ridiculous doesn’t it? Also, I cannot even keep count of the amount of times I am asked:

“Are you safe there?”

Contrary to popular belief, I have never felt in danger or unsafe while living in Pakistan and it is more developed than the average outsider might think. I have come to learn that a number of years back, quite a few foreigners used to study, work and vacation in Pakistan. Safety was not an issue for locals and foreigners alike and the image and progress of the country was significantly better than it is now. Pakistanis genuinely desire peace and security just as much as anyone else and many even reminisce about the good old days.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Yes, the current security and development situation has deteriorated more recently. For example, I have been in Karachi during the horrendous bloodshed and indiscriminate killings going on throughout parts of the city. It seemed that almost every day I was hearing about how dozens of people were killed in the most gruesome ways. The general trend is such that the less privileged communities are most affected by these occurrences.  Sadly, locals seem to be almost immune to such violence and political conflict. Some might take a few moments to discuss, watch or read about such happenings but at the end of the day, life goes on. Can we really blame them?
In my eyes, one of the main causes of this violence and other problems in the country that are hindering Pakistan’s development is politics. Pakistani politics is as dirty as it gets and the average Pakistani is left suffering as a result. Corruption is rampant and the leadership has not shown a genuine interest in the well-being of Pakistanis and the overall progress of the country.
Yet, we can’t deny that similar or comparable problems are happening in different parts of the world; even places you would not expect. The ethnic/sectarian/political conflicts of Karachi are almost mirror images of those in Beirut (past and present). Various forms of violence have occurred recently in the UK and Norway on a relatively large scale. Security is not guaranteed anywhere. Every country has its set of problems. The point is, Pakistan should not constantly be singled out or misrepresented.
With all that said, I genuinely believe that Pakistan has great potential. People severely underrate it and discount all the wonderful things this country has to offer. Living here has made me appreciate the natural and historical beauty found in different parts of Pakistan. I still remember how captivated I was during my bus ride from Lahore to Islamabad. The serenity and greenery of the fields was truly breathtaking, not to mention the mountainous terrain once reaching closer to Islamabad. Also, Karachi’s beaches add character to the city and are enjoyed by all people, regardless of their background. Pakistan definitely has it all; from mountains to beaches, hills to plains and forests to deserts.
In addition to the scenic views, Pakistan is filled with countless historical and archaeological sites from various civilizations and empires dating back approximately 2 million years. Many sites are still intact or being restored and preserved. I visited a number of sites in Lahore such as the Badshahi Mosque from the Mughal empire and was fascinated and engulfed by the picturesque structure. Overall, Pakistan has a rich landscape, history and culture that should be appreciated by locals and foreigners alike.
An interesting observation I have made is that in some neighborhoods of Pakistan the homes are so unique and beautiful that it is difficult to find two that are exactly the same! Each has a particular style and touch to the exterior as well as the interior. Sometimes, I love driving around the streets of Lahore and Karachi just to observe the diversity of homes with their colors, shapes and landscapes. The houses are just lovely!
Since I arrived in Pakistan, I had been anxiously waiting for mango season to arrive as it is one of my favorite fruits. It was definitely worth the wait. Without a doubt, I have never tasted more delicious, juicy and sweet mangoes in my life. I was also unaware of the countless varieties of mangoes available till coming here. Mangoes aside, Pakistan has such an abundant selection of locally-grown fresh fruits and vegetables that it could probably get by without needing to import such goods. In general, the natural and agricultural resources are plentiful.
On top of it all, I personally have met some of the most amazing, genuine and down to earth people in Pakistan. For the most part, I have felt welcomed and respected by locals ranging from the modest gatekeepers to the more affluent and educated populations. Even though my Urdu skills are basic, people really appreciate my efforts and are happy when a foreigner tries to use the local language.
For example, the first time I interacted with my friend’s gatekeeper  I said:

“As-salam alaykum, aap kaise ho?”
(Peace be with you. How are you?)

He had the biggest smile on his face and replied by saying:

“ Theek thaak! Wah wah, aap Urdu bol saktee hain? Bohot acha!”
(I am well thank you. Wow! You can speak in Urdu – fantastic!)

Additionally, I find many people from younger generations to have a strong desire to make Pakistan a better place and engaging in various forms of activism. At the same time, I am pleasantly surprised by the spirit of those who are less fortunate. Recently, Pakistanis celebrated Eidul Fitr, which marks the end of the holy month of Ramadan. I loved seeing the masses out in the streets enjoying the holiday by dancing, playing music and gathering at the beach with friends and family. Even with all the problems and large poverty levels in Pakistan, people still manage to live their lives and make the most of it.
I have faith that Pakistan can overcome the obstacles hindering its prosperity through proper and genuine leadership. I find that many Pakistanis disregard the positive aspects of this country and my hope is that Pakistanis do not give up on their country but rather actively take on a role in making positive changes.
As for everyone else, I hope there will be a realization that Pakistan is in fact civilized, peaceful and beautiful in so many ways.
Article taken from The Express Tribune Bloghttp://blogs.tribune.com.pk
URL to article: http://blogs.tribune.com.pk/story/8172/pakistan-locally-underrated-globally-misunderstood/

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LETTER TO EDITOR: Honest Trading by Col. Riaz Jafri (Retd)

LETTER TO EDITOR

15 May 2017

Honest Trading

 

The renowned Islamic scholar Maulana Tariq Jameel in a TV programme today on Business Ethics in Islam said that Hazrat Abdur Rehman Bin Auf  R.A. of Ashra Mubashara and a trader, because of  his impeccably honest practices of trading made so much profits that he left a fortune of 2 arb, 10 crores, 20 lakh dinars after him. Maulana also explained that a Dinar was 4.5 masha of pure gold.  Now there are 12 mashas in a Tola and 80 Tolas make a Seer (kilo) and 1000 Kilos make a Tonne.  Thus Hazrat Abdur Rehman Bin Auf R.A. left 9853.125 tons of gold!

 

 

 

 

 

 

 

 

 

 

 

I am just baffled as to where did he store that much of gold? And, he was not the only Meccan trader of his time.  There were other Ashaba e Karaam much richer than him, such as; Hazrat Usman e Ghani R.A., Hazrat Abu Sufian R.A.,  Hazrat Abbas R.A. (Holy Prophet’s uncle) just to name a few.

 

What kind of trading did they use to do that fetched them that huge profit (s)?

 

The largest trading caravan from Mecca used to be that of Abu Sufian R.A. comprising of  1000 camels and that too not all his own camels.  People used to send their commodities on their camels in his caravan for security reasons.  Now a very healthy camel can carry 7 to 8 maunds of a commodity. Apart from the commodity the camel(s) had to carry water and rations not only for the traders and sarbaans (camel drivers) going with the caravan but also for themselves (camels) too.  That means at the most 7000 to 8000 mounds of a commodity was carried for trading from one place to the other.  A caravan used to take two to three months to cover the distance and in one year at the most could make two round trips.  That means in all about 1500 to say 2000 maunds of commodities were traded.  Now coming to prices:  Gold was 60 rupees a Tola in 1960 and I purchased it MYSELF at that price.  It was 29 rupees a Tola in 1930, at the time of my parents’ wedding.  In 1941 and again I myself purchased wheat (and good wheat too) at 11 annas a mound.  A two mound wheat sack used to cost One rupee Six annas.  A kilo of Khalis Desi Ghee used to be for a Rupee and a quarter. Recorded history and no hearsay, tells us that at the time of  Emperor Alauddin Khilji the general commodities were around ONE Paisa a mound.  And that was about 500 years ago only.  By the same token, what would then be the average price of the commodities 1500 years ago?  Surely less than a paisa a mound.  But for argument sake let’s assume a caravan load of 8000 mounds of commodities would be worth, say, at the most 8000 paisas, that is Rs. 125/=  only  (64 paisas to a Rupee).  

 

For heaven’s sake what was their profit margin that according to  Maulana Tariq Jameel made them earn millions and billions of gold Dinars on the transactions involving a working capital of Rs. 125/- or so only!

 

Could someone more learned shed some light on such Trading, please?

 

CRJ

Col. Riaz Jafri (Retd)
30 Westridge 1
Rawalpindi 46000
Pakistan
E.mail: jafri@rifiela.com

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Scam Worth Billions Revealed in Sale of Bank of Punjab

Bank of Punjab fraud case: Supreme Court summons former board directors

 

Scam Worth Billions Revealed in Sale of Bank of Punjab

 

A big scandal has surfaced in the Bank of Punjab – where the share price of the bank was manipulated in order to offload shares and take control of the bank due to the 70% Rights issue.

The Senate Standing Committee on Finance and Revenue took the notice of this scandal recently. Chairman Senate Standing Committee on Finance and Revenue has said in a press conference that “a day light robbery has been unearthed in the sale of Bank of Punjab where the share price was brought down to gain benefits of billions”.

Pakistan People’s Party Senator Saleem Mandviwalla said that “Bank of Punjab’s share price has fallen significantly since the announcement of the Board meeting for rights issuance”.

 

During the period i.e. post rights announcement (from March 29th till April 14), the market fell by 2% whereas BOP’s share price plunged by 17%, he added.

Senator Saleem Mandviwalla said that “Market players especially those who may have inside information about the right issue would have short sold the stock to make a quick gain”.

He also said that “the announcement of 70% rights issue at a price of only Rs 12.00/= does not seem to be justified; while the stock had recently seen a high of Rs 20.37 on 9th Nov 2016” (i.e. the share price is down 35% from its recent high).

The Board of Directors should have ideally dealt with the rights issuance when market conditions were conductive (during in 2016) and thus by delaying it; they have acted against the interest of minority shareholders, Senator Saleem Mandviwalla added.

He said that the right shares @ Rs 12.00 seem all set to be sold at a throwaway price to benefit the Government of Punjab who’s looking for increasing its shareholding at the expense of minority shareholders”

Share price seems to be deliberately brought down to force people to panic and sell their shares.

Senator Saleem Mandviwalla said that the management of the bank failed to recover the looted money from defaulters of the bank and instead it resorted to increase the capital and that too at a deep discount instead. Senator Saleem Mandviwalla demanded that the Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan (SBP) should take immediate notice of this scandal and investigate it thoroughly.

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HAVE RAWALPINDI BRAINS THEREFORE A PLAN B? by Salman Inqalabi

HAVE RAWALPINDI BRAINS THEREFORE A PLAN B?

Salman Inqalabi

The behavour of Prime Minister Nawaz Sharif regarding the case of Indian Agent-cum-Spy-cum Organiser of Terrorism in Pakistan, Kalbhushan Jadhav remains shrouded in mystery. No one has been able to win Chaudhry Aitzaz Ahsan’s ‘bet’ that he would be prepared to lose Rs. Fifty thousand, if our patriotic Prime Minister mentioned in any of his speeches the name Kalbhushan even once. The implied meaning in Chaudhry Aitzaz’s famous bet is that for our government’s head, a person called Kalbhushan Yadhav doesn’t exist. He could well be a ‘creation’ of our ISI’s imagination. Or a tool invented by our Army to create a wedge between the developing relationship of LOVE and FRATERNITY between the families of Modi and Mian.

It was rumoured in the days before the announcement of Kalbhushan’s trial and conviction in a military court, that secret ‘parleys’ were going on between the House of Modis in India and the House of Sharifs in Pakistan to find a way to bail Kalbhushan Jadhav out. Then the earth shook for Mian. Jadhav was sentenced to death. The story didn’t end there.
The familiar character Jindal made an unexpected and unannounced entry. He came like a monarch in the darkness of an Islamabad night.
Without security clearance. Without notice. Met our Prime Minister in the mountains of Murree. Went back as secretly as he had come.
And now these International Court of Justice proceedings!
Has a wayout been found from the impasse that had been plaguing the love affair of two most powerful political families of the former sub-continent—Mians of Raiwind and Modis of Gujrat?
Behind this sinister love affair, the ‘sublime’ trophy is WEALTH. Untold wealth. Uncountable. Topless. Bottomless. Unfathomable.
The cost to Pakistan ? It’s security. It’s future. Is our Army unaware? Can’t be.
Pakistan security arrangements are not so bad as to allow Jindal’s plane to enter Pakistan’s airspace unnoticed. We have the most alert army in the world.
Have therefore Rawalpindi Brains a plan B?

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