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Archive for category LIAR POLITICIANS

Nawaz Sharif : A Family of Pathological Liars & Documents That Prove it

 All Dictators Lie, Nawaz Sharif lies More than other Dictators

Claims he has no properties except the house he lives in Raiwind Palace.

Nawaz Sharif : A Family of Pathological Liars

 
 
 Pakistan Prime Minister Nawaz Sharif is among a few lawmakers who are billionaires, according to statements of assets and liabilities of parliamentarians released by the Election Commission of the country.

The net value of assets of the President of ruling Pakistan Muslim League-N (PML-N) party is over US Dollars 8-22 Billion 

 
 

Tweets About Documentary Proofs of Lies

  1.  Asad Kharal Retweeted

    Blatant Lies Exposed When Hassan Nawaz Sharif bought #FlagshipInvestment Ltd in 2001, his res was 17 Park Lane flats

     

     
  2.  Asad Kharal Retweeted

    #Sharifs Blatant Lies Exposed Nawaz Sharif bought anthr flat on 3rd flr 17, Avenfield Hse, Park Lane on 1 June 93

     

     
  3.  Asad Kharal Retweeted

    #Sharifs Blatant Lies Exposed Nawaz Sharif bought flat on 3rd floor 16, Avenfield House, Park Lane on 31 July 95

     

     

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Nawaz Sharif & Mian Mansha Predators After Roosevelt Hotel:Pretext to Launder Money Stolen From Pakistan

 

 

 

 

 

 

 

 

 

 

 

 

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The Roosevelt Hotel NYC OFFICIAL Video Tour

This historic art-deco hotel is less than a block from Grand Central Station and a mile from Central Park, New York.

Click here to watch this video

http://www.nidokidos.org/threads/249049

 

 

روزولٹ ہوٹل کا شمار امریکہ کے تاریخی ہوٹلوں میں ہوتا ھے جس کی اوپننگ 1924 میں ہوئی اور یہ دنیا کے مہنگے ترین علاقے مین ہیٹن نیویارک میں واقع ھے۔ اس میں 1015 کمرے ہیں اور 52 لگژری سوئیٹس ہیں۔ یہ اچھے وقتوں کی بات ھے، جب ہم زرا کم کرپٹ ہوا کرتے تھے اور ہمارے ادارے انسان چلایا کرتے تھے۔ 1979 میں پی آئی اے نے اس ہوٹل کو اس وقت لیز پر لیا جب اس کا بزنس کچھ مندا چل رہا تھا۔ پی آئی اے کے انوسٹمنٹ آرم نے ایک سعودی پرنس کے زریعے یہ شاندار ڈیل کی جس کے مطابق 20 سال بعد پی آئی اے اس ہوٹل کو خرید سکتا تھا۔ 90 کی دہائی میں ہوٹل کے مالک نے کورٹ میں مقدمہ کردیا کہ جس معایدے کے تحت پی آئی اے یہ ہوٹل خریدنے جارہا ھے، اس سے ملنے والی رقم مارکیٹ ویلیو سے بہت کم ھے۔ پی آئی اے کی انتظامیہ اپنے سفارتخانے کے ہمراہ امریکی کورٹ میں گئی اور مقدمہ جیت لائی۔ جس کے نیتجے میں 1999 میں پی آئی اے کو صرف ساڑھے 36 ملین ڈالر میں یہ ہوٹل مل گیا۔ 2005 میں مشرف دور میں پی آئی اے نے سعودی پرنس کو 40 ملین ڈالر دے کر اس کے روزویلٹ ہوٹل میں موجود چند پرسنٹ شئیرز بھی خرید لئے۔ مشرف دور میں 2006 اور 2007 میں پی آئی اے نے اس ہوٹل کی تزئین و آرائش پر 65 ملین ڈالر خرچ کردیئے۔ 2009 میں پی آئی اے نے اس ہوٹل کی مارکیٹ ویلیو کروائی اور اسے 1 بلین ڈالر، یعنی 1000 ملین ڈالر کے عوض بیچنے پر لگادیا۔ بدقسمتی سے اس وقت امریکہ کی اکانومی اور ہاؤسنگ مارکیٹ کریش ہوچکی تھی جس کی وجہ سے یہ ہوٹل بک نہ سکا۔ پھر پی آئی اے نے اسے سیل کرنے کا پلان واپس لے لیا۔ اس ہوٹل کے اردگرد واقع کچھ ہوٹل پچھلے چند ماہ میں فروخت ہوئے ہیں جس سے اندازہ ہورہا ھے کہ ہوٹل سیکٹر میں انویسٹمنٹ آجکل پھر گرم ہوچکی ھے۔ روزویلٹ کے سٹینڈرڈ کے جتنے بھی ہوٹل مین ہیٹن کے علاقے میں پچھلے ڈیڑھ سال میں بکے ہیں، ان کی اوسط قیمت 10 سے 14 لاکھ ڈالر فی کمرہ رہی ھے۔ روزویلٹ میں 1015 کمرے ہیں اور 52 انتہائی لگژری سویٹس۔ اس حساب سے اس ہوٹل کی قیمت کم سے کم بھی 1200 ملین ڈالر یعنی 1 اعشاریہ 2 بلین ڈالر تک آنی چاہیئے۔ کہا جارہا ھے کہ حکومت کا پی آئی اے کو پرائیویٹائز کرنے کا اصل مقصد یہ ہوٹل بیچنا ھے۔ اور آپ کی اطلاع کیلئے عرض ھے کہ حکومت نے اس ہوٹل کا سودا اپنے قریبی فرنٹ مین میاں منشا کے ساتھ کردیا ھے۔ جاننا چاہیں گے کہ یہ ہوٹل جس کی مارکیٹ ویلیو 1 اعشاریہ 2 بلین ڈالر ھے، وہ حکومت نے کتنے میں بیچا ھے؟ چلیں، باباکوڈا کے پیج پر میں پورے اعتماد سے آپ کو بتا دیتا ہوں۔ یہ ہوٹل نوازشریف نے تقریباً 9 ملین ڈالر میں بیچا ھے، یعنی اصل قیمت کا ایک پرسنٹ سے بھی کم۔ جب نیب پنجاب میں کاروائیاں شروع کرنے کا اعلان کرتی ھے تو ایسے ہی میاں برادران کی چیخیں نہیں نکلتی۔ جب کتے کی دم پر ہاتھی کا پاؤں آتا ھے تو وہ بہت تڑپتا ھے۔ روزویلٹ کے نام پر ایک بلین ڈالر سے زائد کا چونا لگانے والا اگر اپنے خلاف ہونے والی تحقیقات پر چیاؤں چیاؤں نہ کرے تو کیا میاؤں میاؤں کرے؟؟؟
 

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DABANG PASHTUN MOTHER SHOOTS FROM THE HIP COMMENTARY ON INCOMPETENT NAWAZ SHARIF GOVT

 

 

 

 

 

 


Dabang Khala Bashes Nawaz Sharif,Asif Ali… by voicepk

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PAKISTANIS ARE MAD AS HELL AND WILL NOT TAKE IT ANYMORE!Thoughts of a Common Pakistani —– LUTAIRAY PARLIAMENTARIANS versus QAUMI CRUSADERS

Thoughts of a Common Pakistani —– LUTAIRAY PARLIAMENTARIANS versus QAUMI CRUSADERS

DONT TEST PAKISTANIS ANGER.THEY WILL WIPE WADERA, INDUSTRIALIST,JAGIRDAR, ELITE CULTURE OUT!

 

 

 

 

Mad-As-Hell

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Subject: RE: A LAWYER PLEADING THAT HIS CLIENT IS A PIR & GADDI NASHIN AND SHOULD BE TREATED DIFFERENTLY THAN ORDINARY PEOPLE
Date: Wed, 1 Oct 2014 18:39:44 +0500

 
EVERYBODY KNOWS THAT DURING LAWYERS MOVEMENT  AITEZAZ  AHSAN (AA)  WAS THE CONDUIT FOR PASSING PML-N  &  PPP MONEY  TO PROMINENT LAWYERS TO FUEL THE LAWYERS MOVEMENT  AGAINST GEN. MUSHARRAF
 
ALSO PEOPLE IN MINISTRY OF PETROLEUM & OGRA KNOW  HOW HE MANOUVERED BEHIND THE SCENE TO OBTAIN CNG STATION LICENCES FOR HIS WIFE B A 
 
ISS HAMMAM MEIN SUB NANGEY HAIN.  INKO ISI HALAT ME HAMMAM SE BAHAR PHEK DENA CHAHIYE TA KE QAUM KO PATA CHALE KE ASSEMBLIYON MEN KAISE BARE BARE  DAAKOO BAITHEY  HAIN  JINHO NE AWAM KE LIYE KUCH NA KIYA  AUR UNKI ZINDAGI  MEHNGAI OR LOAD SHEDDING KE AZAAB MEN DUBO DI  MAGAR KHUD  LAKHPATI SE CROREPATI  AUR CROREPATI SE ARAB PATI AUR ARAB PATI SE KHHARAB PATI  BAN GAYE
 
PURI QAUM KO SAAT SALAAM KARNE CHAHIYE UNN HEROES  AUR CRUSADERS KO  JIN MEIN SARE-FEHRIST ALLAMA TAHIR UL QADRI , IMRAN KHAN(I.K)  , SH  RASHEED , CHAUDHRY BROTHERS AUR WAHDATUL MUSLAMEEN AUR SUNNI TEHREEK KE 
ZOMA AKABREEN  AUR UN HAZARON KI TAADAD ME USOOL PARAST  INSAF PASAND AUR SACHAI KE ALAMBARDARON KO JO ISLAMABAD KE ALAWA MUKHTALIF SHEHRON ME POORI ISTEQAMAT SE NAYA PAKISTAN KI AMLI JADO JEHAD MEN MASROOF HAIN  
 
YAHAN UN BEBAAK AUR NIDR  CHANNELS KO BHI QAUM KO SALAM KARNA CHAHIYE JINKE BAHADUR AUR SACHAI PARAST ANCHORS AUR TAJZIYA NIGARON NE QAUM KE SAMNE DAKOOWON AUR LUTERON KE ASAL CHEHRE BE NAQAB KAR DIYE AUR QAUM KO INKE MAKROH AUR GHINAWANEN CHEHRE DEKH KAR NAFRAT MEHSOOS HOTI HAE  AUR ANDAR HI ANDAR INTIQAM KI AAG LAGTI HAE KE IN QAUMI DAULAT KO LOOTNE WALON SE EK EK PAYI KA HISAB LIYA JAE.
EK AUR  SHARMNAAK  CHEEZ INN POLITICIANS KE KHAATE MEIN ADD HOYI. .AAJ KE DAWN KE MUTABIQ  TAMAAM ARKAAN QAUMI  SUBAYI ASSEMBLIYON AUR SENATE KE ARKAAN KE LIYE APNE ASSET STATEMENTS ELECTION COMMISSION MEIN JAMAA KARANE KI TARIKH 30 SEPT  2014  THEE  MAGAR INN “RULE OF LAW” AUR SO CALLED DEMOCRACY KE  GALAA PHAARH PHAARH KAR NAARAY  LAGAANE  WALON  KI AKSARYAT NE GOSHWAARE NAHIN JAMA’A KARAYE   JIS MULK KE QANOON SAAZ  KHUD QANOON SHIKAN BAN JAYEN US MULK ME KHUNI INQILAB NAHI AAEGA TO PHIR KYA  SAWAN KI BARSAAT AAEYE GI?
 
JIN LOGON KA MEIN NE SHURU MEN NAAM LIYA UNKI  JADD-O-JEHAD AUR JAANI AUR MAALI QURBANI KI  BA DAULAT AAJ QAUM JAAG GAEE HAI AUR WO WAQT ZAADA DOOR NAHIN JAB QAUM KE SAAF SUTHRE HAQ AUR INSAF KE MATWAALAY IN DAAKUON AUR CHORON KO ROAD PAR UTAR KAR KHUD INKS EHTESAB KAREN GI  YAAD RAKHEN AISA EHTESAB SIRF POLITICIANS KA NAHIN HO GA BALKE BUREAUCRACY AUR POLICE  FIA NAB AUR JUDICIARY KE CORRUPT AUR LUTERE  AHLKARON KA BHI HOGA   YAAD RAKHEN   YE LOG GHAROON SE NIKALNA CHOR DENGE JIS TARA REHMAN MALIK AUR MUKESH KUMAR PLANE SE JAAN BACHA KAR BHAGE THAY. USI TARA JAESE  ATHAR RASHID LAHORE AIRPORT SE BHAGE THAY   USI TARAH JAISE  N .S  UN ASSEMBLY AUR SAILABI DAURON SE BHAGE THAY
 
ZAALIMO,  LUTERO  DAAKOOO—- QAUM KE PAISE SE AYAASHIAN KARNE WALO US$ 8,000 PER ROOM PER NIGHT FOR PM’s ENTOURAGE PAID BY NATION OF POOR PEOPLE WHO ARE SHOCKED  WHOSE LIVELIHOOD HAS BEEN MADE MISERABLE BY QAUMI LUTERAAS. AB BHI AKHRI CHANCE HAE KE  NAWISHTA- E- DIWAR PARH LO AUR APNE GHALAT AAMAL AUR GUNAHON KI SACHE DIL SE ALLAH SWT AUR QAUM SE MAAFI MANG LO WARNA ANJAAM BOHAT BHIYANAK AUR KHONI NAZAR AA RAHA HAE  
 
SUCH  ZINDA BAD,  MERIT ZINDABAD,  INSAAF ZINDABAD , 
ALLAMA TUQ & ALLIES & SUPPORTERS ZINDABAD  
I K & ALLIES  &  SUPPORTERS ZINDABAD  
NAYA PAKISTAN ZINDABAD   
JAAGI HUWI QAUM ZINDABAD
VALIANT   BRAVE & HIGHLY PATRIOTIC ARMED FORCES OF PAKISTAN – “PAKISTAN KI SHAN” ZINDABAD
 
P  A  K  I   S  T   A  N               P    A    I   N    D   A   B   A   D 

From: [email protected]

Shameful

But who says AA is an honorable man?

 

 

———- Forwarded message ———-
From: Asghar Ali <[email protected]>
Date: Wed, Oct 1, 2014 at 12:07 AM
Subject: A LAWYER PLEADING THAT HIS CLIENT IS A PIR & GADDI NASHIN AND SHOULD BE TREATED DIFFERENTLY THAN ORDINARY PEOPLE
To:  

The biggest bain of Pakistan today is a thoroughly irresponsive and virtually meaningless judicial system. 

The superior judiciary particularly many Supreme and High Court judge is corrupt through and through. M There are instances of private corporations purchasing high court judges in order to themselves personally write verbatim court judgements. 

The contents of the present Constitution and existing laws of Pakistan stand for zilch. All their articles and laws without a single exception can be interpreted by the Superior Judiciary of Pakistan in a hundred different ways  – each one of them to facilitate and reinforce the rich and the powerful, while debilating and victimising the poor and the deprived of Pakistan.

As for the modes, methods and mischief of  third class Pakistani lawyer community, Shareefuddin Pirzada is history,  but please read on about the antics, ethics and exposes of the shining star of this community – no less than the magnificent Indus Man himself!

 Syed Kadri

Sent from Samsung Mobile

——– Original message ——–
From: Naveed Hamdani <[email protected]>
Date:
To:  

 
Aitzaz Hasan once pleaded  in the court  and  his client is a Pir  and Gaddi Nashin  should be treated  differently than ordinary people . I asked  a Lawyer  if it true  , My Lawyer friend sent  this email below
  

Subject: FW: WHEN THE ACC– — USED IS A PIR – STORY OF BILAL KHAR

This might shock you.Read on ………

Good lawyers are often judged by the stances they adopt when they run
out of truth and, at the same time, of legal arguments. Many tend to
fall back on theatrics, histrionics, distortion and even poetry to
make up for the deficiency.

However, Barrister Aitzaz touched new heights of judicial decadence
when he pleaded that his client being a “pir” and a “gaddi nashin”
should be treated differently from ordinary citizens, notwithstanding
the offence. Mercifully, he did not demand that the seven judges come
down from their raised platform to kiss the hands and touch the feet
of the accused even before beginning to hear the first argument.

Coming from someone considered Pakistan’s leading lawyer and a
champion of democracy
, such an undemocratic and dynastic statement

reflects the reality and the nature of politics and society in
Pakistan. It confirms that the change that an average Pakistani is
looking for is not around the bend. Not only that, the voter is
inextricably bound in the chains of the landlord, the “pir,” the
“gaddi nashin,” the sardars, the biradari, of those wielding sectarian
and ethnic influence. But the ruling classes are equally united in
their manipulative devices to sanctify these undemocratic and dynastic
institutions.

Acid-attack victim Fakhra committed suicide by jumping from her
6th-floor apartment in Rome. Ironically, her suicide comes in the wake
of our new legislation against acid-throwing and Chinoy’s
Oscar-winning film Saving Face. Clearly, neither the laws nor Saving
Face could save Fakhra’s face or her life. Our focus lies only in
awards, ceremonies and seminars, and not on putting an end to the
tragedies displayed in the film.

So, somewhere in the bar rooms, another worthy barrister must be
getting ready to defend the rich acid-thrower, Bilal Khar. After all,
Khar, son of Ghulam Mustafa Khar, is a scion of a powerful political
dynasty of the landed “waderas” of Pakistan, and, to go by the above
mentioned legal reasoning, he cannot be equated with those petty
street acid-throwers.

Pakistan is caught in a time warp and the prognosis is not cheerful.
Its poor masses have been kept too backward and uneducated to do
anything for their own betterment and the ruling cartel is too happy
to exploit its monopoly
. The second and third generation of the ruling
elite is being groomed to take over and prove that their elders were
novices in the art of plunder
.

The educated professional class is happy to sit on the sidelines since
it can have all the fun without sharing any responsibility.
When

sufficiently motivated it could even invent excuses which have nothing
to do with jurisprudence, like as to why a “pir” should not be
punished.

So where do we go from here? Is there a political party that is
willing to be the party of ordinary people? One that is willing to
nominate no candidate who is a “sardar,” “wadera,” or “pir,” or whose
claim to fame is his political or “spiritual” lineage?

Pakistanis should not expect reforms from leaders unwilling to reform
themselves or their parties. Those who proceed abroad for medical
treatment (at state expense) in specially chartered airliners are not
likely to spend much time on improving the local hospitals. Likewise,
those whose hands are kissed and feet are touched by the mindless
millions are not likely to exhibit democratic or egalitarian
behaviour.

It is astonishing that the educated elite of Pakistan is always so
ready to defend the cesspool that our politics has become, but not
willing to organise and push for much-needed reforms. These reforms
are urgently needed in the dynastic and political parties collecting
“bhatta” (extortion money), the atrophied Election Commission, the
non-functional educational system and the justice system working at
snail’s space, to name a few.

The parties must declare that henceforth they will not accept
candidates who use titles like “sajjada nashin,” “pir’, “sardar,”
“gaddi nashin” and “wadera,” or those who receive “offerings” and
“nazranas.” Their candidates will not have fake degrees, will not
collect “bhatta,” will not be foreign nationals and will voluntarily
surrender all weapons that they hold.

The Election Commission could learn a lesson or two from its Indian
counterpart. How come civil society accepted the election involving 37
million fake votes? Without batting an eyelid, without demanding
accountability or overhaul of the electoral process?

Clearly, the educated, rich and powerful segments of civil society has
sided with the status quo by refusing to grow out of its
foreign-funded seminar mode. Not protesting to eliminate the root
causes (such as official proliferation of weapons) and hoping to
achieve peace through candlelit vigils is neither rational nor likely
to make an iota of difference to the situation.

Anonymous

 

 

 

, , , , , , ,

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Mother of all scams

2014-10-05

18:11:50

548991_515655401803155_638814561_n

Mother of all scams

 
The Sharif brothers and their closest confidante Khawaja Mohd Asif are all set to squander away an astronomical sum of 3 Billion Us Dollars.which will put to shame all scammers in the past such as Mr 10 Percent and his cronies…All other scandals such as Swiss accounts OGRA Hajj Ephedrine scams will be dwarfed if the script is executed.
 
The series of China visits by Sharif Brothers and their children, Khawaja Asif and a Lahore based tycoon ,are nothing but part of the grand design of the mega of the mega scams…
 
The Sharif brothers have struck deal with Some Chinese coal power companies to inflate the officially notified tariff and capital cost of power projects by a whopping 3 Billion dollars to accommodate their kick backs. The 6600 MW Gaddani coal power park and planned 6600 MW coal power projects are the crux of the deal combining into a total of 13200 MW. The main architect of the scam is Khawaja Mohd Asif who interestingly had challenged the rental power plants in Supreme court and a favorite of former CJP Mr Iftikhar Chaudhry.
 
He is actively assisted in this wheeling dealing by Salman Shehbaz younger son of Punjab CM and active participant in bilateral govt dialogues between Govt of Pakistan and China despite the fact that he does not hold any public office.
 
Sharif brothers who have a penchant for flouting rules or bending them to pave way for their grandiose corruption have established a nexus with Acting Secretary Water and Power Mr Saifulla Chattha ,Ms Nargis Sethi CEO of Gaddani Power Park on one hand and looking after all important Economic Affairs Division. This division is responsible for approval of all financing agreements with Chinese companies and export credit agencies such as EXIM Bank, China Development Bank etc .
 
 Mr Fawad Hasan Addl Secretary is lead person on behalf of PM Sectt
for whiplashing non compliant officials. The final actor in the script is Kh Mohd Naeem present acting 
 
Chairman NEPRA and a brother in law of Khawaja Mohd Asif and father of PML N woman MNA Shaza Fatima.
 
THE PLAN
The plan of this scam has NEPRA as the main instrument. Since it is power sector regulator therefore it has its mandate to determine power tariff, key benchmarks such as capital cost of power projects, plant efficiency, issuance of tariff and other critical standards which have key influence on level of consumer prices and consequently corrupt practices. The equation of corruption has two critical variables namely Capital cost and consequently Tariff. Higher the capital cost the more the consumer has to pay over the term of agreement.(as simple as that…these Sharif Brothers and Khawaja will claim that it is still cheaper than Oil based costs BUT the fact remains that it is much more expensive than it should be)
 
The key to Sharif brothers plan is in capital cost of coal power projects. And the citizens of Pakistan will bear the brunt of this corruption in coming years.
 
The road to achieve this has been paved by Khawaja Mohd Asif who has moved a summary to NEPRA through his secretary Water and Power to reopen the upfront TARIFF already determined by NEPRA in JUNE 2013after a very lengthy process of consultation with stake holders and public hearings and formally notified in Sept 2013.Any one including Ministry of Water and Power could have represented against determination of NEPRA within fifteen days, which have long expired. The Secretary has asked NEPRA to condone the 15 day period by relaxing Section 31 of NEPRA Act. NEPRA instead of out rightly rejecting this illegal demand has fixed the case for public hearing.
 
The already notified NEPRA tariff and capital cost are very generous and already 25% above the internationally available data on capital cost. This NEPRA claims was done to attract investors for a period of 6 years ending 2019.In fact foul play was also done in Sept 2013 when capital costs for a 600 MW coal power plant were increased from 585 million dollars to 1.25 billion US Dollars. The tariffs notified in Sept 2013 for plants based on imported coal were……..cents per unit.
 
Now in collusion with Chinese companies the Sharif brothers cleverly playing Energy and China cards are clamoring to get these costs heavily increased and rules set aside to skim off 3 billion dollars over and above NEPRA determined price and 6 billion dollars over and above international bench marks.
 
The Ministry of Water and Power are hell bent to accomplish following goals
 
• To increase the capital cost by another 29% from 1.25 Million Dollars per Mega Watt to 1.5 to 1.7 Million Dollars per Mega Watt for 600 and 200 MW plants respectively.
 
• To increase tariff from the notified tariff by 41% to 65 paisa per unit for 600 MW plant and 40 % to 60 paisa per unit.
 
• To reduce plant efficiency factor for 600 and 1000 MW plants from approved 42% to 39 %
 
• To change PPRA rules to exempt Chinese companies from Procurement procedures and competition
 
• To Delete two (660×2) coal power projects At Gaddani from the Govt execution list and also hand them to private sector on the pretext of shortage of govt funds. In reality the reason is that if these projects are implemented by govt then it will have to follow PPRA Rules and announce competitive bidding which will expose real costs of these projects.
 
INTERNATIONAL EXAMPLES of COSTS
 
In January 2014, South Korea’s state utility KOSEP executed an agreement with an Indian company Jinbhuvish Power Generation to set up a 600 MW coal power plant in Yavatmal,Maharashtra a cost of 585 Million US Dollars translating into 0.91 Million US Dollars per MW .
 
• Similarly The Indian Government owned NTPC is setting up indigenous coal based (more expensive compared to imported coal due to mining costs) ……2640 MW plant in Bundelkhand Madhya Pardesh consisting of 4 Units ( 660 x4) at a cost of 2.9 billion US Dollars translating into 1.09 Million dollars per MW. It is well in knowledge of Mr Shehbaz Sharif but they are notorious for inflating project costs to skim off money. Examples are Metro project in Lahore and now in Rawalpindi at grossly inflated prices.
 
THE MATH of Corruption
 
Taking into account the planed implementation of a total of 13200 MW coal based power projects for which MOUs have already been executed ,the total amount of money to be looted is 13200x 0.25 million US Dollars translates to a very conservative 3.3 Billion US Dollars. In reality Chinese companies stand to make another extra 3 BILLION DOLARS.
 
The scheme so cleverly designed will enable the Chinese companies to set up the plants for free without putting a dollar of their own. The method is simple: Given the 75:25 ratio of Debt and Equity for these projects, the Chinese companies will put in 25 percent equity( already over priced by 25% over and above world prices) and 75% bank loans sovereign guaranteed by Govt of Pakistan. The interest cost will be recovered from consumers. So 25 % being the kick back, the Chinese companies will be setting up the plant for free. Whereas Sharifs and Khawaja will be skimming the remaining 3+ Billion dollars
 
THE WAY FORWARD
 
To save the nation from this mother of all corruption it is imperative to launch a nationwide campaign through media, patriotic legislators politicians, professionals and also Supreme Court to demand an independent estimation of actual costs..otherwise Sharif Brothers and Khawaja Asif will again plunder national wealth .

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