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Archive for category NAWAZ SHARIF: THE LOOTER

PANAMAGATE SHARIF,ZARDARI, REHMAN MALIK TOP THIEVES OF PAKISTAN: What the Panama Papers disclose about Pakistan’s rogue politicians

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Panama Papers, a global investigation into the sprawling, secretive industry of offshore that the world’s rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions has jolted the whole world.

Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking.

The leak reveals a lot about politicians and notables in Pakistan.

Umar Cheema, a journalist working with The News International and a member of the ICIJ that partnered with more than 100 media organisations from 76 countries to review 11.5 million secret files that a whistleblower leaked to Süddeutsche Zeitung, reveals names of Pakistanis with offshore holdings.

Former prime minister Benazir Bhutto, her nephew Hassan Ali Jaffery and former interior minister Senator Rehman Malik are reported as the only three shareholders of a company Petroline International Inc., reports The News.

Javed Pasha, a close friend of Asif Ali Zardari, is found to have links with five offshore companies. Pasha shares the companies with some prominent businessmen of Indian origin.

Punjab Chief Minister Shahbaz Sharif’s relative Ilyas Mehraj has been mentioned as a major shareholder of a company though he firmly denies it. Another relative of the Punjab CM Samina Durrani owns three companies; the latest was opened in 2010.

Saifullah family of Lakki Marwat, which has a history of politics and business in the country, owns a record number of 34 offshore companies in the British Virgin Islands and Seychelles.

The companies are owned by Senator Osman Saifullah and his family members. The companies also own bank accounts in Hong Kong, Singapore, Ireland and lands in the United Kingdom.

Interestingly, Senator Osman Saifullah is a member of the Tax Reform Commission set up by the government to check revenue leakage, broaden the revenue base and improve tax administration.

According to documents available on the ICIJ website, the PM’s children Mariam, Hasan and Hussain “were owners or had the right to authorise transactions for several companies”.

Mariam is described as “the owner of British Virgin Islands-based firms Nielsen Enterprises Limited and Nescoll Limited, incorporated in 1994 and 1993”.

On one of the documents released by ICIJ, the address listed for Nielsen Enterprises is Saroor Palace in Jeddah, Saudi Arabia. The document, dated June 2012, describes Mariam Safdar as the ‘beneficial owner’.

According to ICIJ, “Hussain and Mariam signed a document dated June 2007 that was part of a series of transactions in which Deutsche Bank Geneva lent up to $13.8 million to Nescoll, Nielsen and another company, with their London properties as collateral.”

In July 2014, the two companies were transferred to another agent.

Hasan Nawaz Sharif is described as “the sole director of Hangon Property Holdings Limited incorporated in the British Virgin Islands in February 2007, which acquired Liberia-based firm Cascon Holdings Establishment Limited for about $11.2 million in August 2007”.

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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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Incompetence Worse Than Graft in Pakistan by Riaz Haq

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUNDAY, JANUARY 31, 2010

Incompetence Worse Than Graft in Pakistan

By 

Riaz Haq

It has been my experience that folks who have no vices have very few virtuesis a quote often attributed to Abraham Lincoln, also known as Honest Abe.

I do not entirely agree with Honest Abe, but what does it mean in Pakistan’s context, given the extraordinary and often hypocritical incessant demands for honesty by the nation’s TV talking heads? Is competence not as big or bigger virtue than honesty? Is it not Utopia to expect angels to rise to leadership positions in a nation that generally scores badly at all levels on corruption indexes? Is it not better to elect and expect greater competence from the leaders in Pakistan? The kind of competence that delivers good governance for the greater good of society?

Since the beginning of Pakistan’s existence as an independent nation in 1947, there has been constant repetition of slogans about piety and honesty by invoking the name of Islam, and its early legendary leaders, particularly great Caliphs like Omar. What is often overlooked is that Caliph Omar was not just impeccably honest; the key reason for his tremendous success as a great leader and highly respected ruler was his extraordinary competence in governance. Can we find a leader like Caliph Omar today? I think it’s highly unlikely. However, I do think it is possible to find people who are reasonably competent amongst Pakistanis to help lead the nation to a better future.

Looking around at the recent history of successful leaders in the Islamic world, likeMalaysia’s Mahathir Mohammad and Indonesia’s Suharto, there have been serious allegations of corruption and abuse of power against them. And yet, it is their sufficient competence in delivering good governance to their people that has brought great economic success and remarkable human development to their nations, and ultimately a greater measure of competent democratic governance to their highly literate electorates.

Beyond the Islamic world, there are various levels of corruption found in both developed and developing nations. But many of them have made significant strides in recent years, mainly because the leaders whom they have elected have been far more competent those in Pakistan. Even in Pakistan, whenever the military rulers have brought in technocrats and professionals to help develop and execute good policies, there have been periods of rapid growth. It is their competence, not their unassailable honesty, that has helped them deliver significant economic growth.

Pakistan’s average economic growth rate was 6.8% in the 60s (Gen. Ayub Khan), 4.5% in the 70s(Zulfikar Bhutto), 6.5% in the 80s (Gen. Zia ul-Haq), and 4.8% in the 90s (Benazir Bhutto and Nawaz Sharif). Growth picked up momentum in the 21st Century under General Musharraf, and from 2000-2007, Pakistan’s economy grew at an average 7.5%, making it the third fastest growing economy in Asia after China and India. There were 2-3 million new jobs created each year from 2000-2007, which significantly enlarged the middle class, and helped millions escape poverty.

 

Here is my incomplete wish list for the kind of competencies desirable in governing Pakistan at this critical juncture in its life:

1. Motivational Competency: The leadership needs to sell a vision of a secure, peaceful, stable and prosperous Pakistan, and motivate the people to work toward achieving it. It’s not going to be easy, but strong motivational skills can help inspire the nation, in spite of the deep skepticism and toxic cynicism that pervades the nation’s discourse today.

2. Security Competency: What the leadership needs is a comprehensive strategy using a mix of intelligence capability, political dialog, military force and close monitoring to isolate and defeat those who continue to perpetrate murder and mayhem on the streets of Pakistan. Such a policy must be developed, debated, sold to the people, and constantly refined to produce results.

3. Human Development Competency: No nation can achieve greatness unless its human resource potential is developed and utilized to the fullest. It is a challenge that will require a team of committed and competent professionals with the full backing and the resources of the state to build a public-private partnership for mass literacy campaigns and to provide access to food and health care. Beyond that, there will be a serious focus required to build great institutions of higher learning to develop knowledge based economy for the twenty-first century.

4. Economic Competency: There is a need to build a non-partisan economic leadership team with the best available talent and experience in Pakistan. Such a team should be chartered to come up with policies and programs to spur nation’s economic growth to create opportunities for the tens of millions of young people, and to generate the national resources for funding ambitious programs in human and economic development of the nation.

Can our current leadership do it? Their past record is not reassuring. However, if they make a serious effort toward it, and start to show some results, I am confident they will find real support for their efforts in Pakistan. Results from good governance by the politicians will be the best guarantee for the survival of democracy in Pakistan.

First Published :SUNDAY, JANUARY 31, 2010

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Another Scam in Pakistan, as March Towards Economic Disaster Continues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Another Scam in Pakistan, as March Towards Economic Disaster Continues

 

 

 

In Pakistan there are certain politicians who have no love for Pakistan

Their only desire in life is to make money by hook or crook.

Amongst the top suckers of the blood of Pakistan are:

  1. Nawaz Sharif
  2. Shahbaz Sharif
  3. Mian Mansha 
  4. Ishaq (Dollar) Dar
  5. Khurshid Shah
  6. Zardari and others

The present government is hell bent to find ways to rob Pakistan.

Ishaq Dar comes up with one mischievous scheme after another:

  • PIA: Trying to privatise and sell to their own nominee. The sale was to be done underhand. Thank goodness that the whole scheme which “stank to high heaven” was thrown out. FAILED
  • LNG DEAL: The secret deal planned with the “unknown” seller of Gas to Pakistan, arranged surreptitiously by SAIF UR REHMAN, sitting in DOHA. This too was foul and many questions had to be answered 
  • WORLD BANK LOANS. There is no necessity. We are gradually being sunk into debt by these uneducated and greedy leaders. From these US Dollars they will siphon off to their own projects.

Now the latest scheme they have out with is :

EUROBONDS; The present market rate is around 2 % for 5 years

PAKISTAN IS GOING TO FLOAT AT 8.5% for 5 years- As one famous Economist said; only a stupid nation will do this. People must have vested interest in getting these US Dollars. Soon they will disappear.

 

What we as Pakistanis must know who is going to pay back on these borrowings. Nawaz and Dar are not Economists. They are simply “Daylight Robbers.”

 

GOD SAVE PAKISTAN from these Machiavellian schemers. 

 

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Orange Line Scam Nabbed: Evokes Bad Tempered Diatribe From Bad Tempered Nawaz Sharif

 

 

 

 

 

 

 

 

 

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The arrest of the contractor of Orange Train project by National Accountability Bureau (NAB) has reportedly angered Prime Minister Nawaz Sharif who on Tuesday lashed out at the accountability watchdog, a local news agency Online has claimed.

The news agency citing NAB sources said that NAB Lahore had arrested Amir Latif, the contractor whose construction company Kalson Private Limited is currently working on Orange Line Metro Train project as a Joint Venture Project (JVP).

The NAB officials arrested Amir Latif on charges of fake payments in another project, the NAB sources said.

The sources revealed that severe pressure was being mounted for the immediate release of Amir Latif but investigation was being conducted into his crimes in the interest of the nation. They said that had sought physical remand of the accused. Additionally, NAB has also started to investigate the construction of Raiwind road.

The provincial chapter of NAB has expedited operations against elements allegedly involved in corruption across the province. NAB has made it compulsory to submit the details of all the contracts and projects worth over Rs 500 million to NAB office.

NAB has uploaded a form on its website in this regard and it has been made compulsory for all government institutions to submit it in NAB’s office before awarding any development project.

On the other hand, NAB has also arrested five people allegedly involved in the embezzlement of Rs 850 million.

Meanwhile, NAB’s officials had to complete the inquiry of cases pending against PM Sharif by December 31, 2015. The new deadline for the completion of the inquiry, the sources claimed, has been set for March 31.

Sources said that the Punjab government had expressed dissatisfaction over NAB’s demand of submitting details of all the development projects worth over Rs 500 million, while PM Sharif had categorically warned that stern action would be taken if NAB did not reform itself.

After the statement of the PM against NAB, a high-level meeting is likely to be convened soon with NAB Chief Chaudhry Qamar Zaman in the chair to review the situation in Punjab.

 

 

 

Corrupt Nawaz Sharif’s Orange Line Scam Nabbed:Evokes Bad Tempered Diatribe

 
 
 
 
 
 
 
 
 
 
ISLAMABAD –The arrest of the contractor of Orange Train project by National Accountability Bureau (NAB) has reportedly angered Prime Minister Nawaz Sharif who on Tuesday lashed out at the accountability watchdog. 
 
 
Dunya News citing NAB sources said that NAB Lahore arrested Aamir Latif, the contractor whose construction company Kalson Private Limited is currently working on Orange Line Metro Train project as a Joint Venture Project (JVP). The NAB officials arrested Aamir Latif on charges of fake payments in another project, the NAB sources verified. The sources revealed relentless pressure was being mounted for the immediate release of Aamir Latif but investigation was being conducted into his crimes n the interest of the nation. They said they have sought physical remand of the accused. 
Moreover, NAB has also begun to investigate the construction of Raiwind road. The provincial chapter of NAB has expedited operations against elements allegedly involved in corruption across the province. NAB has made it compulsory to submit the details of all the contracts and projects worth over Rs 500 million to NAB office. NAB has uploaded a form on its website in this regard and it has been made a necessity for all government institutions to submit it in NAB’s office before awarding any development project. On the other hand, NAB has also arrested five people allegedly involved in the embezzlement of Rs 850 million. According to sources, the arrested individuals include Mian Maqsood Akhtar, Rana Salim Akhtar, Pervaiz Iqbal, Chaudhry Ahsan Akhtar and Ijaz Hussain. The accused were involved in producing inappropriate profits for the Shah Abdul Latif and Company. 
 
 
Meanwhile, NAB’s official’s had to complete the inquiry of cases pending against PM Sharif by December 31, 2015. The new deadline for the completion of the inquiry, the sources claimed, has been set for March 31. Sources said that the Punjab government had expressed dissatisfaction over NAB’s demand of submitting details of all the developmental projects worth over Rs 500 million, while PM Sharif had categorically warned that stern action would be taken if NAB did not “reform” itself. 
 
 
After the statement of the PM against NAB Chief Chaudhry Qamar Zaman, a high level meeting was convened with NAB Chief in the chair to review the situation in Punjab. 
 
The sources reported NAB has also prepared a foolproof documentation for Metro Bus scandal, and has started to probe in to the matter. As per documents, the Punjab Government claimed the estimated cost of production of Metro Bus project to be 30 Billion but playing devil’s advocate NAB gave out its estimations i.e. 50 Billion spent on the project, thus coming down hard on the govt as well as putting the responsibility of being accountable. 
 
 
While on his visit to Multan Regional Bureau NAB Chief reviewed its performance on basis of annual inspection performed by Inspection & Monitoring Team. NAB) Chairman Qamar Zaman Chaudhry expressed his firm resolve to eradicate corruption by adopting zero tolerance policy against the menace throughout the country. 
 
 
Highlighting strengths and weaknesses of NAB the Chief appreciated the current performance and directed all officers/officials to work more vigilantly, honestly and diligently to eradicate corruption and corrupt practices.
 
 
It is highly expected, said the sources, that the latest Pak-Qatar LNG deal will also be speculated by NAB since the government has placed all eggs in one basket while binding Pakistan and its citizens into such a frightening contract of 15 years in which Pakistan will have to pay some five million dollars daily for fifteen years while politicians will get some Rs 400 billion in kickbacks if the deal to import LNG from Qatar on hefty rates is finalized.
 
The National Accountability Bureau (NAB) is likely to initiate probe into the bank accounts of Petroleum Minister Shahid Khaqan Abbasi and Secretary Arshad Mirza in connection with alleged scandal worth Rs 48 billion.
 
Sources in NAB told Online that the noose would further be tightened around the MD PSO Imran Sheikh and officers of Sui Southern Company. The petroleum ministry by violating the OGRA rules accorded LNG worth Rs 48 billion to the blue-eyed persons of PM Sharif which brings a severe loss to the national kitty. The sources further revealed that Irfan Siddiqui, Adviser to PM, said that the NAB was just trying to sabotage the LNG project as the secretary petroleum had already recorded his statement regarding this scam in NAB.
 
 
The Pakistan Economy Watch (PEW) on Friday had said politicians should not try to make fortune overnight by exploiting energy demand-supply imbalance in Pakistan. Abdullah Tariq, SVP of PEW revealed in a press statement, the government has bent all the rules and regulations for the import of 500 million cubic feet of LNG per day under a long-term contract. 
 
 
Secretary Petroleum Muhammad Ejaz Chaudhry got fired for resisting the Pak-Qatar covenant while efforts are on the move to “discipline” Oil Gas Regulatory Authority (Ogra) which has also opposed the deal, he further claimed. Tariq said that the ministers who are uneasy over letters from Ogra against LNG import plan to dissolve the department or bring under the direct control of the petroleum ministry. 
NAB has given a free hand to its Punjab Bureau and its officials to probe corruption cases and Orange Line Metro Train (OMT) is the top-notch scandal for the looming and inevitable enquiry, informed the sources. Since its inauguration till construction, OMT project has been under constant criticism and different political parties have expressed their disapproval of the project. The former CM Punjab, Chaudhry Pervez Elahi termed Orange Metro Line Project bigger than Nandipur Power Project, another mega scandal of PML-N, for making dollars and labeled it as an anti-employment and anti-environment project. 
 
 
 
Late in January, the locals of Samanabad, Lahore staged a protest against the construction of Orange Line Train project. The residents received 24-hour deadline from the Lahore Development Authority (LDA) to vacate their houses causing agitation amongst the protesters who burnt tyres, blocked the roads and removed the barriers put in place for the OMT project. The protesters claimed that they were being thrashed out of their homes without any compensation or alternate arrangements. 
 
 
 
The protesting residents said that the mismanagement in construction of the multi- billion project has turned their lives into hell. Whilst the contactors have not undertaken any plan to control the pollution and disorderly traffic prior to the start of construction, the protesters have also demonstrated against noise and dust pollution and traffic problems they face on daily basis due to the construction project of OMT.
 
 
 
However, a sum of Rs 1 billion has been paid by the LDA as compensation during one day and payment of more than Rs 2 billion has been made so far to the local residents in order to locate them in different residential areas. 
 
 
 
UN Special Rapporteur in the field of cultural rights Karima Bennoune, in a press release issued by the United Nations Human Rights Office of the High Commissioner, said government’s forced eviction of residents from their houses is completely unjustified as it does not have a resettlement plan. 
 
 
 
“The project will not only destroy physical sites but the ways of life that have been developed there, that people cherish and through which they express their dignity and identity,” she said
 

 

 
 
 
 
 

 
 
 
 

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