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Archive for category Corruption

Pakistan inks LNG deal worth $16b with Qatar: The story of Corruption Shahid Khaqan Abbasi

Shahid Khaqan Abbasi– The story of Corruption

 

Shahid Khaqan Abbasi has spent many laborious years on various job positions, cementing his reputation as a

corrupt man. His journey for corruption initiated when he was appointed the Chariman for PIA by our very own Nawaz Sharif. Shahid Khaqan Abbasi wasted no time in putting his devious mind to work and ordering 12 new Boeing Airplanes for PIA. On the surface, such a step seems innocent and beneficial for the national airlines. But upon more investigation, it was found that Mr. Shahid Abbasi dropped some extremely vital, spare parts of the Boeings and replaced with them poor quality Boeing components, sneakily pocketing the money he saved by purchasing cheaper, low-quality components. In another scandal, Shahid Khaqan Abbasi was also accused for importing 200 computers allegedly for the airlines operations but were misappropriated, costing the national exchequer an astounding Rs. 11 million loss. However, the court acquitted Mr. Abbasi on the basis of lack of incriminating evidence, even though the prosecution produced seven witnesses before the trail court. However, one cannot say for sure that some political influence was not used in this acquittal.

Furthermore, he also aided our Prime Minister Nawaz Sharif in one of the biggest examples of blatant disregard of public feelings. In the 1997’s Nawaz Sharif government, Nawaz Sharif expended all his efforts in convincing expatriate Pakistanis to send their dollars to Pakistan. In stark contrast, the Prime Minister himself- costing the national exchequer a whooping Rs. 110 crore- went on 28 foreign trips for “governance” purposes. Nawaz Sharif had also promised to return the special Boeing plane to PIA for the airline’s commercial operations. But like most of his other promise, these were just empty words. In a glaring display of breaking his promise to PIA, Nawaz Sharif- with the help of Shahid Khaqan Abbasi- made a 1.8 million USD renovation of his aircraft, transforming it into a palace of luxuries. Hypocritically, Nawaz Sharif would always preach lessons of simple living and austerity to the general public, but would not accept anything less that specially-cooked , seven-course meals that were prepared by a cook hired by Shahid Khaqan Abbasi specifically to meet the dietary demand of the Prime Minister, including the well-known favorite of Nawaz Sharif, “Gajrela”.

Another example of Shahid Khaqan Abbasi’s loot and plunder is his activities as the owner of a private air line called Air Blue. Recently, Air Blue has resolved to start operations from Birmingham (Britain) to Pakistan from 28th September 2014.  In a manipulating move, Shahid Khaqan Abbasi is withdrawing all PIA management staff from PIAs office in Britain in order to create a prolonged management vacuum designed to put his airline in a more favorable light and take over the market share of PIA. Similar policies have been carried out by the current Petroleum Minister numerous times, proving to be disastrous for Pakistan’s national asset, PIA, but Shahid Abbasi seems to be least concerned about the consequences of his greed-ridden decisions. An instance in 2013 in which the Joint Action Committee of PIA Employees (JACPIAE) accused Shahid Khaqan of continuing to interfere in PIA’s internal affairs while he was running his own private airline, resulting in a conflict of interests. Shahid Abbasi influenced various operational decisions of PIA that has resulted in the downfall of the national airlines.

Lastly, in the tragic 2010 Air Blue plane crash on the Margallah Hilss, Shahid Khaqan Abbasi also displayed his true colors and concern for the people of Pakistan, the people he has an obligation to serve. When the horrific air crash happened, this blue-eyed boy of Nawaz Sharif completed disappeared from the scene, only gracing the public with his presence and empty condolences after three days. Such is the extent of Shahid Khaqan Abbasi’s indifference.  

Such examples of Shahid Khaqan’s callous nature only makes me apprehensive as to what good this man can do for this country as the Petroleum Minister. He has already made the people of Punjab and KPK suffer for more than a week due to critical petrol shortage brought about by Mr. Khaqan’s poor governance and negligence of petroleum management in the favor of the poorly designed LNG deal with Qatar. Shahid Khaqan Abbasi seems to be in a hurry to sign this deal despite the fact that the new gas reserves that have been discovered in Sindh.

Posted by M Butt Lahore at 11:46 

 Read More at http://shahidabbasi.blogspot.com/

 

Pakistan inks LNG deal worth $16b with Qatar

Published: December 13, 2015
Commercial contract to be signed with Qatar Gas 2. PHOTO: REUTERS

Commercial contract to be signed with Qatar Gas 2. PHOTO: REUTERS

ISLAMABAD: 

Pakistan and Qatar have inked a government-to-government (G2G) deal for the award of a $16 billion contract for LNG supply from a Qatar-based firm without going through the mandatory bidding process.

“The petroleum ministry has now provided details regarding G2G deal with Qatar to import LNG which was effective from March 2015,” officials said. The details of the deal were revealed by petroleum ministry officials to a committee constituted by the Economic Coordination Committee (ECC).

Govt mulls forming ‘Pakistan LNG Limited’

Earlier, the petroleum ministry had sought ECC approval for Pakistan State Oil (PSO) to execute the sales-purchase agreement with Qatar Gas 2 (QG2) as seller following the government-to-government agreement. But the approval was deferred following a question raised by the law secretary about the deal with Doha.

Officials said the law secretary would present a report regarding the LNG deal with Qatar on government-to-government basis in the upcoming meeting, enabling the economic decision-making body to approve the General Sale Purchase Agreement (SPA), a commercial contract to be signed between PSO and QG2. They said that PSO had also imported six cargoes of LNG from Qatar in line with the G2G deal.

Officials said that price of LNG had been linked with a direct percentage of Brent crude oil and under current price of Brent the value of potential LNG supply under SPA amounted to around US$ 16 billion.

The period of contract will last till December 2030. However, a price review provision which allows two parties Islamabad and Doha to seek a price review after ten years has been built in the contract, with the two countries maintaining the right to terminate the Sales Purchase Agreement (SPA) in case they fail to reach consensus on price revision.

Under the agreement, PSO, a public sector company designated by the government, would receive supply of 1.5 million tons of LNG per year from QG2 and the supply would be enhanced to 3 million tons per year from the second year. The core business of PSO is oil but it is now going into a new business line of LNG.

Economic decision making body was expected to allow PSO to sell the LNG to the gas utility companies including Sui Northern Gas Pipeline Line Limited (SNGPL) and Sui Southern Gas Company (SSGC).The PSO may also be authorised to sell LNG to third party consumers.

Multi-million dollar contract: Gunvor wins LNG deal race, will be PSO’s supplier

Qatar had desired in its original plan that Qatargas would supply LNG through their company Qatar Liquefied Gas Company 3 (QG3) under the SPA. However, Qatargas had now proposed for LNG supplies under SPA through QG2.

The new proposed arrangement had deprived US based firm ConocoPhillips to capture Pakistan’s market as shareholder in QG3, which is a joint venture between Qatar Petroleum, ConocoPhillips and Mitsui.

Published in The Express Tribune,

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NAWAZ SHARIF & ASIF ZARDARI SCAM: One more scam–ECC allows 0.5m tons export of sugar with Rs6.5b subsidy

one more scam–ECC allows 0.5m tons export of sugar with Rs6.5b subsidy

Interesting thing to note is that Sharifs own 22  No’s Sugar Industries in Punjab Nos & Zardari own 16 No. Sugar factories in Sindh.

 
 

J Choudhry

 
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Corporate Ambassador focuses on the coverage of issues relating to corporate sector, economy, finance, stock markets, diplomatic events/interviews, showbiz, art, culture, organised crimes and politics.

 

 

 

 

 

ECC allows 0.5m tons export of sugar with Rs6.5b subsidy

sugar

 

Harris Javed/ISLAMABAD: The ECC of the Cabinet in its meeting chaired by Finance Minister, Senator Mohammad Ishaq here on Monday accorded approval for export of 500,000 metric tons of sugar in a phased manner till 31st of March 2016.
The federal government would provide a subsidy of Rs 13 per kg on the export of sugar. Thus the government would pay a huge amount of Rs6.50 billion as subsidy to sugar mills that would export sugar from Dec-March period.

 

 

newcurrency notes
In the first phase, 200,000 MT will be allowed to be exported upto 31 December, 2015. By the end of January an accumulative 350,000 will be allowed, while the cut of date for the total accumulative volume of 500,000 MT will be 31 March 2016. The unutilized quotas for sugar export allowed previously will stand cancelled.
sugar
 It was also decided by ECC that Rs.13 per kg will be allowed as partial support for incidentals and freight for the export of this quantity and only those mills will be allowed to export which have cleared the outstanding dues of the farmers up to last season and have started crushing on full scale. The cash support and the inland transportation support will be shared equally by the Federal Government and the respective provincial Governments.
 
ECC also decided that the Special Committee constituted by the Prime Minister chaired by the Minister for Commerce and comprising Secretaries of Commerce, NFS&R, Industries and Production and Additional Secretary Finance will meet in the first week of every month to review the sugar stock/export situation. The cash support will be disbursed through the SBP.
 
ECC also decided that the minimum price for the export of sugar to Afghanistan and the Central Asian States may be fixed at $450 per MT. 
 
ECC was also briefed by the Finance Secretary on the current economic situation in the country. He informed the forum that average inflation in July-November 2015-16 stood at 1.86%.  
 
Secretary Finance also informed the forum that the current wheat stocks of the country as on December 2015 stand at 7.88 million tons and the total stocks of sugar were 1.36 million tons as on October 28, 2015. The stock of various POL products averaged 13 days on December 4, 2015. The meeting was also informed that the growth of LSM was recorded at 3.9% in the period of July to September as compared to the same period last year.
 
Workers’ remittances received during July–October 2015 recorded an increase of 5.2% and the tax collection by FBR registered an increase of 16.8% in July-November 2015-16 as compared to the same period last year. The tax-to-GDP ratio was the highest in the last 11 years. Exports were witnessing a downward trend, which was due to lower commodity prices and recession in various export markets. 

https://weeklycorporateambassador.wordpress.com/2015/12/07/ecc-allows-0-5m-tons-export-of-sugar-with-rs6-5b-subsidy/

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“EMPTY SLOGANS” – 14th August, 2015 by S Roman Ahsan

“EMPTY SLOGANS” – 14th August, 2015

by

S Roman Ahsan

 

14th August, Independence Day indeed! What do we have beside empty slogans today? Are we really independent?

 

In March this year of 2015, I got a job in an online English Newspaper. I did not give up “Together We Rise!” even then but that is beside the point. Anyhow, I was overqualified for the job but I gave my best, even working overtime. I was required to do news reporting and news-writing.

 

As the days went by, it was surprising to note that like other Urdu cable TV channels, our English newspaper was also very keen on sharing news on Bollywood movies, actors and actresses. I expressed my concern to the manager (who was much younger and inexperienced than me in fact) that I didn’t want to promote all that considering that I had been writing against showing of Bollywood movies in Pakistan. I also conveyed to him that India is attacking our borders since 2013 and you want to promote their cinema. Being a shallow person, he only said it was part of my duty.

 

That exchange of dialogue occurred towards the end of two weeks and the same evening I left the job. So my friends, are we free and independent? No, we are not. We are cultural slaves of our neighbouring Hindu country. Just turn on the TV channels and note how many TV channels are showing Indian content.

 

That reminds me further. Though I am narrating my own experiences but they are reflective of the general state of affairs. In 2008, I joined the newspaper THE NATION in the magazine section. I liked the job itself except the environment of workplace and the ugly politics that was going on.

 

I used to keep thesaurus with me on my desk while writing my stories. I would like to narrate here what happened in the initial few days. Well, the editor who was in-charge of the magazine section was standing near my desk. As I was busy, he stepped forward and said “What is that?” I said “Thesaurus”. He said “Hum tau use nai kartay” (We don’t use it). What a stupid thing to say considering use of Thesaurus is very much aligned with newspaper and magazine work.

 

The editor was a local Christian and though in my school we had a very nice local Christian as our English Teacher whose name was Robinson Qamar Javed, but the experience at THE NATION was totally opposite. He was an unsophisticated and uncouth person who was insecure himself due to the caliber of others. I could write a whole article how he used to play dirty politics. He himself was not a good storyteller and hence liked to attack others.

 

I also did some pro-Islam articles in the magazine then and the editor got further prejudiced. He knew that my writing skills were good and so he stopped editing my stories for fear that would add more glitter to my work (even though he continued editing for other members). Even my coverage of art-exhibitions was better than his.

 

My question is why did the management of THE NATION had to keep a prejudiced Christian as In-charge of magazine section? A newspaper such as THE NATION reflects our cultural and Islamic values, and a person in a key position in such a newspaper should not be a hater of Islam! He is currently still the editor of magazine section there at THE NATION by the way.

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So my friends, I just gave you another example. We have incompetent people in key positions in our organizations and we are afraid of our Islamic values. Then are we really independent? Furthermore, most people who rise (with exceptions) in Pakistan to key positions mostly adhere to unethical ways. With this system in place, can we really except to achieve overall progress?

 

Let me give you more examples. Our Mohammad Ali Jinnah founded Pakistan and he founded the newspaper DAWN as well. After 9/11, DAWN has become a mouthpiece of the imperialists. Day and night it attacks the sanctity of Islam in different ways. One of its senior columnists is Nadeem F. Piracha who is almost an atheist spreading filth through his writings. So are we really independent?

 

THE EXPRESS TRIBUNE is not behind with its shameless practices. The newspaper falls under the INTERNATIONAL NEW YORK TIMES and it is also promoting the imperialistic agenda along with promoting decadence in society. In 2011, the paper published a 6-page cover story on the rights of homosexuals in Pakistan. Trends are not any better now. So are we really independent then?

 

The above gives just a brief picture of the media but the situation is not prettier in other sectors of Pakistan. The corporate sector in Pakistan is closely aligned with international standards and following them. So if a Pakistani Corporate Guru promotes those companies that are funding Israel (either directly or indirectly), then he has not learned ethics. And he does not know the true meaning of independence either!

 

Let us not just raise EMPTY SLOGANS of “Independence”. WE HAVE TO FIGHT THE OVERALL SYSTEM IN PAKISTAN TO ACHIEVE “TRUE INDEPENDENCE”. We cannot put the whole blame on politicians and absolve ourselves. If we consider ourselves above them in talent and general acumen, then we have greater responsibility.

 

THE JOURNEY HAS TO BEGIN TODAY…

 

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p style=”text-align: center;”>WISH YOU ALL PAKISTAN INDEPENDENCE DAY!

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SHAMELESS LOOT SALE IS ON, PAKISTAN’S CROWN JEWELS AT STAKE —FIRST TO GO PIA TO NAWAZ CRONIES

SHAMELESS LOOT SALE IS ON, PAKISTAN’S CROWN JEWELS AT STAKE —FIRST TO GO PIA

PM Pakistan Nawaz Sharif and the cabinet Division, finally had decided and gave final approval to Close PIA prior June 2014. This decision was taken In the cabinet meeting held to night at late hours and was chaired by PM and in presence of MD PIAC and some other PIA officials. Three option were under discussions, one Totally close PIA, two, re-structuring of PIA, three Handing Over PIA to Private Sectors.

 

 

 

 

 

 

 

 

 

PIA-1 Head Quarter shall be established at Islamabad and PIA Head Office Karachi shall function as PIA-2 Head quarters till June-2014. MD PIA and other PIA officials are ordered and were yet given last opportunity till June 2014 to apart and establish initially Whole PIA in 02 Parts; PIA-1 and PIA-2. After complete privatization PIA-1 will be restored for private sector and initially selected business communities are being given 26% assets of PIA to Command and Control PIA-1 (The Operational area only) with help and support of Air blue, Air Indus, Shaheen and Royal Airport Services.

 

The competent and Aviation experts exists in PIA and from all the departments working only in operational areas and in shifts only will be merged in PIA-1 and the excess and free manpower working in Day Operations, shall be excluded from existing PIA strength and shall be merged in PIA-2.

 

Lists of that employees excess, useless are already maintained by 3rd Party team attached with PIA few months ago. Only 30 Pilots will be taken for PIA-1. The Ratio of Manpower of PIA-1 will be as under: 30% Daily wages and Contract services oriented employees from PG-I to PG-VIII, 30% Permanent and Service oriented employees from existing strength from PG-I to PG-VIII having aviation and field expertise, particularly at ramp side. 35% for Engineering, IT, communication, Flight Safety experts having Engineering and technical qualifications, Aviation Licenses, Approvals. 5% shall be from Corporate, Finance, Human Resources and for Management positions. Shall be normal Graduates of areas of particular fields with vast Experience and reputation related to aviation.

 

The Skilled Operation Officers and staff and Management selection of employees will be as under and shall be taken as per aircraft manufacturer approved specifications and for various 22 type aircraft in PIA, of which 18 are operational and rest 4 are under checks ABCD or routine repairs in Line-1 or Line-2.

 

Statistics provided in PM cabinet meeting conducted in PM House, shown that Including Daily wedges and contract employees today PIA is holding 22,000 Employees for 22 Aircraft.PIA one will be political and trade union free private Sector PIA and only Aviation trained and field experts will be merged who had good reputation and service record. In case of shorten such strength, retired or near retired reputed employees will be called on 3 to 5 years contract or those who are retiring but have recorded expertise shall be taken enhance their services up to age of 65 years.

To overcome the issues it is decided that all those staff and officers working in office strengths at airports or head office since years or even at out stations but politically and against merit were promoted or selected shall be merged in PIA-2 which later will be closed after June 2014. All trade unions and Officers, other associations representatives are those who are out of duty, exampled also shall be merged in PIA-2. It will be later decided if these free and excess employees shall be given Golden Shake hand or not.

 

The strength of manpower of PIA-1 will be as under: One CEO (Aviation Experts From Business community), Only One Director (Aviation and Marketing experts), 03 General Managers (From Operational areas and Marketing Areas (Having Field and trade experience, and had worked from roots to top), 01 corporate Managers for each Operational areas had only Ramp expertise and gone through all field areas in service carrier from root), and Marketing areas, gone through fields and has acquired recorded revenue. and 3rd General Manager shall be IT experts . All IT or communication or reservation related functionaries whether at Airports, in Head Offices, in Marketing offices or any where, he will be responsible, manage and control. Accordingly all IT strength whether in Operation, Marketing, Engineering, other area will be under his supervision and control for fruitful results.

 

PAKISTAN INTERNATIONAL AIRLINES (EXISTING) – PIA-2

 

The excess and free manpower against the 22 Aircraft’s in PIA, The all Officers and staff working in Day Pattern, All new inductions in PIA after year 1998 and inducted after resizing of PIA in 1998 on Suggestions of SABRE Consultants  and the all those Officers and staff, Daily wedges or Contractual or permanent employees,  and all those who were pre-designated or transferred from their parent departments to other with or without backdate seniority and who were rapidly promoted from year 2000 to 2013 without merit and any linguistic, religious creed, political, establishment or bureaucratic influences, any in-house / out house management, trade unions, officers associations support or influences, and those Officers/Staff facing disciplinary and misconduct charges will be filled in PIA-2.

 

The cases of all type of beneficiary of unmerited/out of turn, from 1998 to 2013, had already been investigated along with those all departmental or HR officials who had supported them are also enlisted by third party investigators confidentially and 3 months ago for real accountability, to get Govt. decide, whether after removal or termination of these all type of over-the-rule and merit beneficiaries shall be compensated, for Golden shake hand or other schemes in consideration or not and whether PIA losses shall be recovered from them for these foul activities, actions, decisions PIA reached to bankruptcy.

 

The rest excess employees if on merit parameters, sequence and series shall be offered Golden hand shake schemes, also shall be facilitated and supported to adjust in other Private Airlines like Air Blue, air Indus etc, provided they have 15 years or more aviation and ramp or field experience, aviation trainings, on-job trainings, PTC or CAA certifications, Licenses, Approvals and good reputation as well with service record during PIA Services.

 

Finally in Month of June-2014 all PIA-2 with excess employees will be out of PIA strength and identity and PIA-1 will continue as NATIONAL FLAG CARRIER as PIA (Pvt).

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REVELATION: Election 2013 – The Juggernaut


            REVELATION: Election 2013 – The Juggernaut

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  ALL RETURNING OFFICERS WERE SERVING JUDGES / MEMBERS OF JUDICIARY 
  

1.  PML-N, PPP agree to appoint their own provincial members of EC   

2.  Iftikhar Chaudhry/Khalil Ramday appoints ALL returning officers  
 
3.  ALL presiding officers appointed by Secy Education of Ex-Punjab govt under Najam Sethi   

4.  Ballot papers PRINTED in private presses   

5.  Fake ballot papers distributed to peripheries and closely contested constituencies
   
6.  Upto 800% votes cast in some rural constituencies. Most suburban polling stations polled above 90% votes while national average was 56% with 62% in urban centers.
   
7.   Geo-Judiciary Nexus. Mir Shakil’s channel was tasked to counter any allegations.   

8. Chairman NADRA’s daughter harassed by PML-N goons and multiple cases framed against him as evidence of 1000s of unverifiable votes started pouring in.   


8.   Why was mostly Punjab affected?   Ans: Because that’s where PML-N has a provincial govt for last 5 years and they appointed and managed all presiding officers and ROs.   

9.   Magnetic ink was deliberately not issued to make the verifiability issue a plan B. Surprisingly no persons have been blamed or punished for the absence of this ink.  

10.  A nincompoop like Fakhru Bhai was appointed to oversee elections who sat with COAS for 3 hrs and failed to identify his august guest. 

11. Riaz Kayani, the man who acted as deputy CEC in Islamabad as Fakhru stayed at Khi and oversaw all the details  

12. The law officers were hired for election tribunals by Punjab Govt and are all contract employees   

13. Vote recount fee was set at Rs 15/vote which means millions of rupees just for recounts  

 PLAYERS   


1. Asif Zardari & Nawaz Sharif, the evil twins 

2. CJ Iftikhar Ch, the liar 

3. His henchman, Khalil Ramday, the corrupt 

4. Fakhru Bhai, the idiot 

5. Riaz Kayani, the villain 

6. Election Tribunals, the pantomime

7. Mir Shakil ur Rehman, the trumpeter  

POST NOTE 

A loss of faith in election process by thousands of Pakistani youth can only lead to their conversion to more zealous and extremist ideologies or a total indifference. What a shame! 

“THE WORLD SUFFERS A LOT: NOT BECA– — USE OF THE VIOLENCE OF BAD PEOPLE BUT BECA– — USE OF THE SILENCE OF
GOOD PEOPLE!”

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