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Posted by admin in ADHD NAWAZ SHARIF, Beghairat Brigade of Nawaz Sharif, BUNGLER NAWAZ SHARIF, CORRUPT ROGUE NAWAZ SHARIF, KASHMIRI NAWAZ SHARIF & PMLN MNA/MPA KANJAR KHANA, Kulsoom Nawaz:Pholan Devi of Pakistan, Nawaz "Badami Lassi Kim Barker Thurke" Sharif, Nawaz & Shahbaz Sharif's Business Scams, Nawaz Dangerous, Nawaz Sharif & Kashmiri Biradari, NAWAZ SHARIF & PROSTITUTES, NAWAZ SHARIF BUZDIL KARGIL BHAGHORA, Nawaz Sharif Dangerous Man, NAWAZ SHARIF DICTATOR, NAWAZ SHARIF FAMILY TURPITUDE, NAWAZ SHARIF LOAN SCAM, Nawaz Sharif Malcontent, Nawaz Sharif Massive Corruption, Nawaz Sharif Scams, NAWAZ SHARIF THIEF, NAWAZ SHARIF US & SAUDI AGENT, Nawaz Sharif US Agent, NAWAZ SHARIF US CIA ASSET IN PAKISTAN, Nawaz Sharif Womanizer, NAWAZ SHARIF'S ISLAMIC REPUBLIC OF PAKISTAN, Nawaz Sharif's Petrol Hoarding Money Making Scam, Nawaz Sharif's Toads, Nawaz Sharif-The Prime Minister from Hell, NAWAZ SHARIF: THE LOOTER, Punjab Held Hostage Sharif Bros, RAW SPIES IN NAWAZ SHARIF EMPLOYMENT, Torture By Nawaz Sharif Government, Western Intelligence Agents-Nawaz Sharif & Pervez Rasheed on August 9th, 2018
*For the last one month – A pitched battle to stop Imran Khan*.
Posted by Azahir in CORRUPT ROGUE NAWAZ SHARIF, Ishaq Dar Financial Criminal, Kulsoom Nawaz:Pholan Devi of Pakistan, Nawaz "Badami Lassi Kim Barker Thurke" Sharif, Nawaz & Shahbaz Sharif's Business Scams, Nawaz Dangerous, Nawaz Sharif :Abbaji Da Nikama Puttur.", Nawaz Sharif Dangerous Man, NAWAZ SHARIF DICTATOR, NAWAZ SHARIF FAMILY TURPITUDE, NAWAZ SHARIF LOAN SCAM, Nawaz Sharif Malcontent, Nawaz Sharif Massive Corruption, NAWAZ SHARIF THIEF, NAWAZ SHARIF US CIA ASSET IN PAKISTAN, Nawaz Sharif's Petrol Hoarding Money Making Scam, Nawaz Sharif's Toads, Nawaz Sharif-The Prime Minister from Hell, Pakistan's Debt Bomb, Panamagate, PIA Destruction By Nawaz Sharif, RAW SPIES IN NAWAZ SHARIF EMPLOYMENT, Torture By Nawaz Sharif Government, Western Intelligence Agents-Nawaz Sharif & Pervez Rasheed on July 10th, 2018
The Strategy of Madness.
So far his crowning achievement is the tattering of a political party built of three decades of loot and plunder.
The only thing more pathetic than
together again.
Saeed A. Malik.
Nawaz Sharif’s recent comments about ‘Mumbai Attacks’ are based on lies and his delusional imagination as well as treacherous behaviour. I wrote on 9th August 2016, that Nawaz Sharif is a Raw Asset and damaging Pakistan from day one. The editor of Nawa-e-Waqat late Majid Nizami on the record called Nawaz Sharif a ‘bigger security risk’.
Nawaz Sharif is a convicted and declared ‘Liar and Dishonest’ person by the Supreme Court of Pakistan. I don’t think his evidence or statement is acceptable in any court of law. The sad reality is that security establishment including army allowed him to continue damaging Pakistan. If General Raheel Sharif let the ‘Dawn Leaks’ have its logical end and culprits brought to justice, we would not be having this discussion today.
General Qamar Bajwa current army chief is also been very soft on Nawaz Sharif for reasons unknown to me and rest of Pakistan. To deal with crooks and mafias like Sharifs and Zardari’s Pakistan need a General with balls, not the ‘crystal ball’. The lower ranks officers who put their lives at risk on the front line in all civil or military services are demoralised when they see compromises without any logical explanations.
As far as Pakistan’s national intelligence agency ISI is concerned they must have reported all his (Nawaz Sharif’s) activities as they did in 1978 when he was actually hooked by RAW, the Indian Intelligence Agency.
A former ISI officer Commodore Tariq Majeed: wrote in his book “Air Massacre over Bahawalpur” page 341: “Nawaz Sharif’s Indian Connection: India’s RAW hosted Nawaz Sharif’s visit to Delhi in 1978 and cultivated him in some ways, but he had been picked up and programmed by RAW’s masters, CIA and Mossad, to serve, like Ms Bhutto, the Zionist interests. What gives special significance and authenticity to this disclosure is that its author was a member of the key staff in ISI when Nawaz was being hooked by RAW”.
That means the people on the job has done their ‘work’ and now senior decision-makers need to show some courage and bravery as well as punish the culprits by law of the land and in exceptional circumstance use exceptional mean to counter these elements.
Crimes of Sharifs are not simple and straightforward but also don’t need a NASA scientist to solve them. A simple junior rank SHO of Police is enough to deal with them and trust me they will talk like a parrot’. After all they are criminals from the bones.
This is not like a spy story of James bond 007 stealing a secret of the enemy. What Nawaz Sharif and others in his team are doing is much more sophisticated and subtle. In modern world agents like Nawaz Sharif serve their masters in a very subtle way for example:
“it was Nawaz Sharif who confirmed the identity of only surviving alleged terrorist of Mumbai Attacks which was quoted all over the world”.
On the other hand, former IG Police of Maharashtra said in his speech that: “Ajmal Kassab was in custody of the Indian Agency at the time of Mumbai Attacks. He is seeking reinvestigations of Mumbai Attacks and fighting the case in the Indian High Court and case, hearing is due in October 2016. I have spoken to him and he has confirmed to me that a trial hearing is due in October 2016 this year”.
To solve and understand Mumbai Terrorist Attacks one must know about the team of Indian army officers involved in the attacks on Samjohta Express, a train running between India and Pakistan
On 18th February 2018, it was the 11th anniversary of the tragic train bombing incident (Samjohta Express train running between India and Pakistan) by the serving Indian army officer Colonel Prohit and others. The firebombing killed 62 people including 42 Pakistani citizens. Nawaz Sharif regime did not raise this matter with India, in media and at international forums. Why not?
The Indian Hindu fundamentalist group run by the active Indian army officers placed 2 suitcases in the train and killed innocent passengers returning to Pakistan after meeting their relatives in India. Two bombs exploded at 23.52 as soon as the train left the ‘Dawana’ train station in Panipat district of Haryana. As a result, passengers, mostly Muslim Pakistanis were burnt alive in a caged train.
As usual, the Indian government blamed Pakistan for this terrorist attack but a brave Indian police officer, Hamant Karkara surprised the world by exposing the Hindu fundamentalist terrorist network and arrested Indian Army serving Colonel Prohit, Major Padia and Hindu cleric Anand Swami. They subsequently confessed in the court and Swami Aseemanand told the court that he staged this terrorist attack with the full support of Indian Army.
A traitor like Nawaz Sharif has undermined Pakistan from all sides be it economy, foreign affairs, defence or international image. For example:
His businesses in India and illegal wealth abroad is a matter of security risk be in Britain or elsewhere. His arms can be twisted at any time and his wealth could be confiscated at any time as what is known in British law ‘Proceeds of Crimes’. He has no receipts of his wealth and Panama leaks documents are enough to twist his both arms and wring his neck.
People of Pakistan are still in shock for some time with the actions of Nawaz Sharif on the issue of 18th Amendment when he seemingly forced to support pro-Indian agenda parties like ANP/MQM and PPP. His links with Indians are not as simple and transparent as it looks. He is apparently a fan of NDTV and Bombay Palace Restaurant in London. Nawaz Sharif asked me at an APC in London in 2006 ‘Have you seen NDTV reporter’, I replied No Mian sahib and can I help you at all’. His love for Indians is never-ending.
Police officer Hemant Karkare was killed during the operation against the Mumbai terrorist attacks on 26 November 2008. Three governments have been changed since and all the culprits of this terrorist attack are free now. Swami Aseemanand is granted bail.
Now the question is for the security establishment in Pakistan how to deal with this issue as all Pakistani political governments including the current one has failed to take this matter at international forums. It is like scoring your own goal. This matter should have been at the UNSC like the Lockerbie bombing of the PanAm flight and case should have at a neutral place.
A senior retired officer said to me: “do you think Nawaz regime sympathisers are not in the elite institutions”. I said: I don’t know you tell me. As for Nawaz Sharif’s ‘buying and selling’ of individuals with state funds is concerned it is not new. During the previous tenures, his wife and first lady were reported saying: ‘take a general’s wife for shopping and that is enough to tame the husband’.
Due to change of strategy now they make close relatives father, son or brother as business partners as investment keeping in view as one day son or brother will become the top man. To hell with the people.
All in all, Nawaz Sharif is the most disgraced and corrupt third-time prime minister of Pakistan. He has damaged Pakistan more than all the terrorist groups and enemy forces. He is an ally of Yadav and Modi in Pakistan.
(Dr Shahid Qureshi is senior British analyst with BBC and chief editor of The London Post. He writes on security, terrorism and foreign policy. He also appears as an analyst on Al-Jazeera, Press TV, MBC, Kazak TV (Kazakhstan), LBC Radio London. He was also international election observer for Azerbaijan 2018 Kazakhstan 2015 and 2016 and Pakistan 2002. He has written a famous book “War on Terror and Siege of Pakistan” published in 2009. At Government College Lahore he wrote his MA thesis on ‘Political Thought of Imam Khomeini’ and visited Tehran University. He is PhD in ‘Political Psychology’ and studied Law at a British University. He also speaks at Cambridge University. He is a visiting Professor at Hebe University in China.)
Read More: Is Nawaz Sharif Really an Indian RAW Asset?
http://thelondonpost.net/baluchistan-terrorism-nawaz-sharif-really-an-indian-raw-asset-2/
Read more: Mumbai Bombing Trial: David Hedley & Negligence of Zardari Regime
http://thelondonpost.net/mumbai-bombing-trial-david-hedley-negligence-of-zardari-regime/
Read More: Mumbai Bombings: Who is stopping Karkare Murder Investigations?
http://thelondonpost.net/mumbai-bombings-who-is-stopping-karkare-murder-investigations/
Posted by aka in CORRUPT ROGUE NAWAZ SHARIF, Ishaq Dar Financial Criminal, ISHAQ DAR:THIEF OF PUNJAB, KASHMIRI NAWAZ SHARIF & PMLN MNA/MPA KANJAR KHANA, Kulsoom Nawaz:Pholan Devi of Pakistan, Nawaz "Badami Lassi Kim Barker Thurke" Sharif, Nawaz & Shahbaz Sharif's Business Scams, Nawaz Dangerous, Nawaz Sharif & Kashmiri Biradari, NAWAZ SHARIF & PROSTITUTES, NAWAZ SHARIF BUZDIL KARGIL BHAGHORA, Nawaz Sharif Dangerous Man, NAWAZ SHARIF FAMILY TURPITUDE, NAWAZ SHARIF LOAN SCAM, Nawaz Sharif Malcontent, Nawaz Sharif Massive Corruption, NAWAZ SHARIF RIGS ELECTIONS, NAWAZ SHARIF US & SAUDI AGENT, Nawaz Sharif US Agent, NAWAZ SHARIF US CIA ASSET IN PAKISTAN, Nawaz Sharif Womanizer, Nawaz Sharif's Petrol Hoarding Money Making Scam, Nawaz Sharif's Toads, Nawaz Sharif-The Prime Minister from Hell, NAWAZ SHARIF: THE LOOTER, Nawaz US Agent, Scams & Frauds Under Crooked Govts, Sugar Industry Corruption By Nawaz Sharif & Asif Zardari & Bilawal Zardari, Torture By Nawaz Sharif Government on May 4th, 2018
November 4, 2017NAWAZ SHARIF INTERVIEWED by BBCIf anyone wants to know what hypocrisy means and what is its practical manifestation well it does not get better than this. This joker (Muhammad Nawaz Sharif) was interviewed yesterday by BBC. Here is my take on his profile: A protege of General Ghulam Jilani and a product of General Zia’s martial law, Nawaz Sharif never tires of lecturing us on the benefits of democracy. If anyone wants to know what hypocrisy means and what is its practical manifestation, well it does not get better than this. Watch and learn as it unfolds before you in its finest hour. Financed by the ISI with illegal funds and propped up by the Establishment’, he says he always follows the Constitution and the Law. Maybe his dictionary is different from what we are accustomed to reading, but the Constitution for Nawaz in his eyes is a set of rules to facilitate his thievery. He is so bitter about the ‘PCO’ judges but is indifferent to how he himself rose to stardom on the shoulders of the so-called Establishment. Selective in his judgements, partial in his dealings and unfair in his conduct, he is not a man that even a child can trust. They first took out the clause restricting membership to the assembly for the educated only and ushered in the uncouth scum of this country, the fools we now suffer on TV with their slapstick arguments, insulting one another in the basest accusations one can ever be exposed to. Then they took away the powers of the President to dissolve the assembly, removing all checks and balances, giving themselves free license to loot and rob with wanton abandon. Now they want to remove articles 62 and 63 so that morality does not come in their way as they continue to misgovern this hapless nation.
Crying crocodile tears over the demise of democracy, Nawaz was directed to hold a Census by the SC just as he was made to hold Local Body Elections by them. In fact, he was forced to convene the NSC by the SC. His most memorable decisions were ones that were forced by the SC through a suo moto action on account of his reluctance to do the right thing. His idea of democracy is limited to circumventing the National Assembly and avoiding the parliament. In his democracy, government funds were distributed to legislators, (just as they had been before) in the garb of development funds, as a bribe and a reward for good behaviour. He did this as if it was his father’s country and we were all serfs who were obliged to contribute to this aberration. So much so that we are now taxed for transferring funds from our own savings to our current account while people such as him get away with tax evasion as they lecture us. He insists that 200 million voted for him knowing fully well that he got only 14% votes and that too not to him alone but to the PML-N Party as a whole. He talks of conspiracies, whereas he was removed for his deceit and theft; he fails to acknowledge that his Party still has two PMs: one in Azad Kashmir and the other of Pakistan; that his Party still has a Chief Minister in GB, Punjab and Baluchistan despite his wrongdoings. Where does he find that conspiracy against him and that too an international one? Here is a man who is responsible for stabbing his colleague Junejo in the back, scuttling Benazir’s Government twice, personally going to Court to have Gillani removed, and then having the gall to say, “No PM has ever completed his term”. Never mind that his beloved Constitution does not specify the term of a PM but mentions the term of a Government only. That this small fact escapes his limited intellect, that the world over, PMs come and go, but it is the Governments that remain. He talks of disclosing conspiracies but his moment never arrives, he speaks of the rules of business but violates all. His nepotism and violation of merit stand out in every government institution as he corrupts all, FBR, NAB, SECP, State Bank, FIA etc. His hostility towards the judiciary is well established as he presided over the only ever physical attack on the SC.
A shameless man who has put his sons and daughter in the line of fire to save himself. Who did not stop at sullying the reputation if his own dead father to explain his own wrongdoings? A cheat and a petty crook, who ensured that government was meant for his own well-being regardless of the consequences as he misused his authority everywhere and plundered resources without remorse. He did not stop taking credit for projects conceived well before him, such as the Gwadar Port or taking massive commissions from those that he did initiate. He mortgaged the country into an unsustainable debt, businesses closed down and migrated, exports fell and agriculture destroyed. Circular debt has become unmanageable as energy has started shutting down. Ghost schools haunt the nation and no hospital in the country is good enough for him or his own family as they flee to other countries for medical attention. Today India prides itself on giving visas to Pakistanis needing medical help. A PM who during his tenure, never made a single meaningful statement on Kashmir, who tried to facilitate India where ever he could. Protected the terrorist Kulbashan while collaborating with Sajjan Jindal in his personal businesses at the cost of the country. Insisted on running the foreign affairs himself where he woefully disgraced us in Saudi Arabia as he sat like a poodle while India earned accolades and we were insulted over the War on Terror despite our sacrifices. Tried to pimp his way into relevance into the Saudi-Qatar affair where he was never taken seriously, just as he was not when he unfolded his chit to read out to Obama, that “Dal and Qeema” awaited him in Pakistan. Now he asks, “What did I do?” (Mujhe kiyun nikaala?) Mr PM, it is what you did not do: Govern Pakistan, the only mandate given to you and your band of thieves. You failed us internationally, you let us down before our friends and enemies alike, and you robbed us. May the Lord have mercy on you and your soul. – Lt-Gen (Retd) Tariq Khan |
Posted by aka in CORRUPT ROGUE NAWAZ SHARIF, Ishaq Dar Financial Criminal, Kulsoom Nawaz:Pholan Devi of Pakistan, NAWAZ SHARIF DICTATOR, NAWAZ SHARIF FAMILY TURPITUDE, NAWAZ SHARIF LOAN SCAM, RAW SPIES IN NAWAZ SHARIF EMPLOYMENT, Torture By Nawaz Sharif Government, Western Intelligence Agents-Nawaz Sharif & Pervez Rasheed on September 12th, 2017
To
The Chairman NAB
20 April 2000Subject: Tender of Pardon
Dear sir
I the undersigned want to make full disclosure of the true and full facts relating to the case of Hudabiya Paper Mills case wherein I have been cited as one of the accused person. My detailed statement of facts, circumstances and events etc leading to accumulation of Rs 642 million in the accounts of Hudabiya Paper Mills Ltd is enclosed herewith for your kind perusal and consideration.
I have unburdened my concious and stated the true facts in the enclosed statement. It is therefore requested that I may please be granted pardon on the basis of this disclosure.
Thanking you in anticiptation
Yours truly
Ishaq Dar
7-H Gulberg 3
Presently at Police lock up at Chamba House Lahore
20 April 2000
Statement of Mohammad Ishaq Dar on oath dated 25 April 2000
I was born in a middle class family in 1950. I passed my intermdeiate in 1966 and then B.Com in 1970 after which I proceeded to UK to pass my Chartered Accountancy. During my stay in London I stayed with Masood Ahmed Kazi and his family in Ilford. In 1976 I proceeded to Libya where I worked as senior auditor. I was married in 1976. Financial status of mu in-laws was also that of middle class. In 1977 I came back to Pakistan and joined a Chartered Accountancy company.
From 1982 to 1992, besides my job activities I remained actively associated with the activities of Institute of Chartered Accountants as well as Lahore Chamber of Commerce. In the year 1987-88 I was member of Finance and Taxation Committee of LCCI. Around same period Mian Shehbaz Sharif was President of LCCI. I pointed out serious weaknesses in the national budget announced by Junejo Govt for the year 1987-88 which resulted in revision of the budget. This gave me national recogonition. Next year I was again consulted and my suggestions were incorporated in the budget.
In 1990, I planned to set up a Modaraba company in the name of First Hajvery and started completing its paperwork. The company was set up in 1991 with paid up capital of Rs 150 million. Within 6 monthswe succeeded in attracting customers like Sharif Group, Crecent Group and Saigol Group.
My stay with the family of Masood Ahmed Qazi in London had been a pleasant one. They belonged to a middle class family and he used to treat me as one of his family members. The family comprised of Sikandra Masood Qazi (wife), Gohar Masood Qazi (son), Mazhar Masood Qazi (son), Kashif Masood Qazi (son) Talat Masood Qazi (son). As far as their financial status in the year 1992 is concerned, there was no significant improvement in their previous status of 1970s. The family offered tution services and some family members were running a garment store.
Mian Nawaz Sharif was my batch mate at Govt College during 1964 to 66. However we had no intimacy at that time. As by the year 1990 I had not only succeeded in getting my professional skills recogonized but also was associated with activities of LCCI and Mian Shehbaz Sharif was former President of LCCI, we soon came closer.
In December 1990, Qazi family was visiting Pakistan. As Mr Masood Qazi was interested in politics and used to introduce himself as a Muslim Leauger, I invited them to the annual function of LCCI which was to be chaired by Mian Nawaz Sharif, the then PM of Pakistan. In this function I introduced the Qazis to Mian Nawaz Sharif and Mian Shehbaz Sharif.
In early 1992, Mian Nawaz Sharif who was then PM contacted me and requested to provide credit line of approximately Rs 100 million to the buisness concerns of his family from my Modaraba. I enquired from him about the collateral against this credit line. He informed me that he will
provide foriegn currency funds as collateral. Subsequently he sent me photocopies of the passports of Mrs Sikandra Qazi, Nuzhat Qazi, Talat Qazi and Kashif Qazi. He asked me to open / open coreign currency accounts in their names in different banks with the foreign currency funds provided by the Sharif family and use these funds as collateral against credit facility to be availed by the different companies of Sharif group from my Modaraba and also directly from the banks as well. The need for opening of different accounts mainly arose due to per client lending ceiling, per deposit lending limit, bank’s overall credit ceiling and per borrower credit ceiling etc.
I had reservations in opening / operating of these benamidar accounts but I was assured by Mian Nawaz Sharif that Qazis have agreed for use of their names and furthermore after the promulgation of Protection of Economic Reforms Act 1992 by his govt, all the foreign currency accounts had complete immunity against any inquiry or investigation by any department or agency.
Resultantly I was asked by Mian Nawaz Sharif to open 4 benamidar accounts in the names of Sikandra Qazi, Talat Qazi, Nuzhat Qazi and Kashif Qazi. It was further decided that these accounts in the name of first two persons will be opened/ operated by me whereas the other two benaami accounts will be opened / operated by Naeem Mahmood, a Director of my Modaraba, under my supervision.
Accordingly I opened two foreign currency accounts in the name of Sikandra and Talat Qazi with the foreign currency funds provided by Sharif family in the Bank of America by signing as Sikandra and Talat Qazi. All the instructions issued to the bank in the name of these persons were signed by me under the instructions received from the original depositors namely Mian Nawaz Sharif and Mian Shehbaz Sharif. Wheras the F.C Accounts of Nuzhat and Kashif Qazi were opened/ operated by Naeem Mahmood under my instructions ( based on instructions of Sharifs) by signing the same as Nuzhat Qazi and Kashif Qazi.
Besides these four F.C accounts, the previously opened F.C Account of Saeed Ahmed, a former Director of First Hajvery Modarba and a close friend of mine, and of Musa Ghani ( nephew of my wife) were also used to deposit huge foreign currency funds provided by the Sharif family to offer them as collateral to obtain different direct / indirect credit lines. It is pertinent to mention that all the instructions regarding the deposits of the Sharif family in the account of Saeed Ahmed were got executed from Mr Saeed Ahmed at the relevant time. However in order to operate the deposits in the account of Musa Ghani, I signed few instructions in the name of Musa Ghani.
The credit lines obtained by First Hajvery Modarba against these foreign currency funds of Sharif family offered as collateral were given to Sharif Group companies in Pak Rupees at cost plus small charge to cover the administrative expenses of the Hajvery modarba. The Sharif Group companies utilized full credit lines against these foreign currency collateral directly from the banks or by indirectly obtaining credit lines in Pak Rupees in the name of Hajvery modaraba, Sikandra Qazi, Hajvery Holdings, myself and Musa Ghani etc. All the credit lines in these names were ultimately passed on to the Sharif Group companies. Different other accounts were also opened / operated by me and Naeem Mahmood in the same manner in the names of Qazis as explained above in City Bank, Emirates Bank, Atlas Investment Bank and Al Towfeeq Investment Bank etc under the instructions of Sharif family.
In the last quarter of 1993, Bank of America faced credit ceiling problem and thus it arranged the transfer of these credit facilities / collateral to the Al Faiysal Investment Bank with the approval of Sharif family. All the instructions regarding the operation of F.C account of Talat Qazi were executed /supplied by me to the Al Faysal Bank. Regarding the operation of the F.C accounts of Kashif Qazi and Nuzhat Qazi at Al Faysal were executed by Naeem Mahmood under my instructions.
In early 1998, Mian Shehbaz Sharif called a meeting at his residence which was attended by Kamal Qureshi, both Pashas and other relevant staff. I was also asked by him to participate. Mian Shehbaz Sharif told us that due to scandalization of Qazis accounts by the press, his family has decided to liquidate all the F.C funds in these accounts and bring the same back in the account of Hudabiya Paper Mills Limited as Share Deposit Money from a lady of middle east and use it to pay off all loans of Sharif Group. He gave directions to Kamal Qureshi to take all necessary steps to carry out this plan. I was asked to provide Kamal Qureshi necessary instructions for banks to get the funds in these accounts encashed. Mian Shehbaz Sharif subsequently sent a photocopy of passport of that lady which disclosed her name as Siddiqa Hashim Khadim, to me and sending the same to Kamal Qureshi for necessary action as per his directions. I handed over the same to Naeem Mahmood and also briefed him about the instructions I received from Mian Shehbaz Sharif. I asked him to contact Emirates Bank and to obtain the latest position of the loans directly / indirectly obtained from the bank by Sharif Group against the F.C funds deposited by them in the account of Mr Saeed Ahmed. I further asked him to make liaison with Kamal Qureshi for this purpose. Naeem Mahmood subsequently told me that a sum of U.S $ 3.725 million of Sharif family was existing in the account of Saeed Ahmed in Emirates Bank. He further informed me about the arrangements Kamal Qureshi was carrying out regarding the encashment of this amount according to which, with the help of bank manager, services of a money changer to provide remittances equivalent to these F.C funds from abroad as Share Deposit Money from Siddiqa Hashim Khadim, from his own sources into the accounts of Hudabiya Paper Mills were to be acquired and the proceeds of these remittances were to be transferred to accounts of First Hajvery Modarba by borrower company for settlement of loan facilities of Sharif group companies.
Subsequently the dollars in the account of Saeed Ahmed held as collateral were to be released by the bank for onward delivery to the money changer / broker. He further informed me that in March/ April 1998, a sum of US $ 3.725 million was received in the form of telegraphic transfer in the account of Hudabiya Paper Mills and equivalent foreign currency funds were got released by the Sharif family from the account of Saeed Ahmed for delivery to the broker. Similarly the deposits in the accounts of Qazi family at Al Faysal bank was also to be off loaded by unwinding the transactions in the same manner as was done at Emirates Bank.
Following the directions of Mian Shehbaz Sharif, Kamal Qureshi approached the bank in Karachi for making necessary arrangement whereby the deposits kept in the name of Qazi family was also to be substituted and a new name that of Siddiqa Hashim Khadim was to be introduced and shown as equity investment ( share deposit money) in Hudaibiya Paper mills limited. However, out of the said amount of $8.539 million only $2.95 million could be routed in this manner by Sharif family through Kamal Qureshi from al Faysal Bank. Thereafter F.C accounts were frozen by the Govt. Before the encashment of entire collateral could be completed, in May 1998 Pakistan’s first nuclear tests took place and foreign currency funds were frozen by the Govt.
Resultantly the previous plan of Sharif family could not be 100 percent executed. In June 1998, Mian Shehbaz Sharif informed me that accounts in the name of Qazis amounting to $ 2.967 million and $ 2.622 million should be got converted into Pak Rupees and deposited in the account of Hudabiya Papers as Share Deposit Money from Qazis. I and Naeem Mahmood prepared necessary instructions for the banks in this behalf. Kamal Qureshi then arranged for such frozen amounts with Citibank and Al Faysal Bank to be encashed in the name of the Qazis and at a final rate of Rs 46 per and the sum of US $ 6.91 million equivalent to Pak Rs 318 million was transferred to the account of Hudabiya Papers as Share Deposit Money from Qazis.
Although the foreign currency collateral accounts were arranged by me and Naeem Mahmood as per instructions of Shahbaz Sharif for above explained facilities, the fullest involvement of the directors, management and staff of Sharif group companies had always been there as it were they who opened in all the lending financial institutions, the bank accounts of various companies of Sharif group, in whose names Pak Rupees credit lines were obtained and who also completed all the legal requirements of the banks and of Company Law in this regard.
The entire chain of transactions, starting from the deposits of foreign currency collateral, obtaining credit lines, loans for Sharif group companies including Hajvery Modarba, encashment of entire collateral in 1998 and deposit of same in Hudabiya Paper Mills as Share Deposit Money in names of Sidiiqa Hashim Khadim and Qazi family and ultimately using such Share Deposit Money to pay off the liabilities of Sharif Group companies, clearly establish the fact that all these foreign currency funds exclusively belonged to Sharif family who were the sole beneficiary of the entire arrangement and being difficult for them to account for the same, they had made all this arrangement as they could not have explained the source of these funds which ultimately landed in one of their companies.
It is assured that I have made full disclosure of all the facts in the preceding paras pin-pointing the money laundering of the Sharif family and my role therein. In proof thereof you may obtain specimen of signatures of mine and that of Naeem Mahmood to get the veracity of my statement regarding the operation of the accounts of Qazi family testified from a Hand Writing Expert.
I solemnly declare that I have never obtained any illegal personal benefit out of these funds and the money was / is owned by the Sharif family.
Signed
Ishaq Dar
25 -4-2000
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