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Posts Tagged Corruption

Ramday’s relative is being appointed SBP chief

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Ramday’s relative is being appointed SBP chief

  • FEBRUARY 13, 2014

Islamabad, Feb 13 (Pak Destiny) Banker Muhammad Zubair, the relative of retired justice Khalilur Rehman Ramday, is likely to be the new chief of State Bank of Pakistan.
Highly placed sources told Pak Destiny that the name of Muhammad Zubair, son of Chaudhry Farooq (former attorney general in the previous government of Nawaz Sharif), has been shortlisted for the top post.
“Finance Minister Ishaq Dar is negotiating salary and other perks with him. Mr Zubair has demanded huge salary package,” the sources said. Pak Destiny

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Bilawal Sey Bahaduri Ki Tawaqo Thi by Rauf Klasra

Whatever being said by Rauf Klasra is hundred percent correct. These jugglers  under the disguise of democracy  have shamelessly defrauded this nation and now once again a stage is set for

LOOT SALE of whatever is left with the country.

This time PMLN government would leave no stone up turned to ensure that each and every asset of the nation is distributed among themselves & their cronies  and Pakistan to left with Zero Balance.

Na Raha Bance Na Baja Bansaree.

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The Failure of World Bank Projects in Pakistan

World Bank projects failing in Pakistan’
 
 
ISLAMABAD: Almost one third of World Bank’s (WB) multi-billion dollar credit financed projects in Pakistan have failed to achieve the desired results, official economic ministry documents exclusively available with the News disclosed.

 

According to the documents, this number has been rising for the last several years.

 

The portfolio assessment of WB’s funded projects in Pakistan reveals that the organization is responsible for funding projects – worth millions of dollars – like Project to Improve Financial Reporting and Auditing (PIFRA), FBR’s Tax Administration Reform Project (TARP) and Public Sector Capacity Building projects where amount may be lower but the impact on blocking key reforms is enormous.

 

The number of projects went up from 20 in 2007 to 24 in year 2012 while average implementation period increased from 3 years in 2007 to 3.4 years in 2012.

 

Problematic projects also increased with the passage of time as this number stood at 5 percent in 2007 which went up to 25 percent in 2012.

 

In terms of amount spent, this number was standing at 5 percent in 2007 which increased to 26.3 percent in 2012.

 

Twenty nine percent projects fell into the category of risk in 2012 while this number was standing at just 5 percent in 2007.

 

“The disbursement ratio declined significantly in recent years; standing at 37.5 percent in 2007 it was reduced to just 7.1 percent in 2012,” the document shows. The disbursement ratio stood at 33.8 percent in 2008, 39.9 percent in 2009, 18.7 percent in 2010, 62.1 percent in 2011 and just 7.1 percent in year 2012.

 

The disbursement ratio reduced last year mainly because Pakistan was not part of the IMF program so disbursement of the Washington based WB was also reduced substantially.

 

The WB is the second largest donor in recent years. The current Country Partnership Strategy (CPS) for FY 2010-14 implemented by the World Bank envisages a lending program for Pakistan worth $5.9 billion in these three years period under IBRD and IDA resources.

 

World Bank funded major programs in the budget with series of poverty linked reforms programs during the last one decade without significant results.

 

There is the Poverty Reduction Strategy Credit (PRSC-1 and II) program aimed at removing market distortions and providing support to the poor through improving markets. An amount of $500 million has been spent through budget. The loan was aimed at major reforms in the areas of agriculture markets, energy sector and public financial management. No visible results and benchmarks were achieved.

 

Next the Pakistan Poverty Reduction and Economic Support Operation (PRESO), which also received $500 million to support the structural reforms of PRSP-II for regaining and maintaining economic stability, while protecting the poor and vulnerable.

 

Under Pakistan Business Reforms Project, the sub-national Doing Business in Pakistan 2010 project benchmarked business regulations in 13 Doing Business areas across 6 cities and covered all provinces in Pakistan.

 

The project was funded by the United States Agency for International Development (USD 290,000), UK Department for International Development (USD 90,000) and the World Bank Group (USD 290,000). The Ministry of Finance and the Government of Punjab also dedicated resources and in-kind support to the project.

 

Under Punjab Education Sector Reform Program, under four IDA credits, a total of US$400 million was provided to support education reforms from 2004 through 2007. As a result of this funding, net enrolment of girls increased, teachers were trained and absenteeism reduced, examination standard improved.

 

For Social Safety Net Development Policy Credit and TA Project, the World Bank supported the BISP through the Social Safety Net Technical Assistance Project with $60 million (IDA). Another $159 million were disbursed against commitment of $200 million. Given the success of BISP in establishing itself as the national safety net platform, additional financing of US$150 million (IDA) was approved in February 2012. So far the BISP has disbursed more than US$1 billion in the form of cash grants to 3.5 million beneficiary families across Pakistan.

 

Through Punjab Municipal Services Improvement Project, WB has provided $50 million commercial loan for the project.

 

With Punjab Cities Governance Improvement, the WB committed to provide $154 million to support the province of Punjab’s cities in strengthening systems for improved planning, resource management, and accountability, and to improve the province’s capacity to respond promptly and effectively to an eligible crisis or emergency. The project will be completed in 2017. Under Natural Gas Efficiency Project, the aim of the WB project was to provide $272 million loan for reducing physical and commercial losses in the gas pipeline system.

 

Through Earthquake Emergency Recovery Project, the project initially got US$400 million through IDA funding, of which US$220 million was earmarked for the housing reconstruction component.

 

The livelihoods support and import financing components were allocated US$85 million each and US$10 million was assigned to the capacity building component. Following the floods of 2010, an additional US$300 million was provided to the import financing component.

 

World Bank also provided $350 million to support the Government of Sindh’s Medium Term Education Sector Reform Program (SERP) which is for increasing school participation, reducing gender and rural-urban disparities and increasing progression and improved measurement of student learning.

 

The rise in net enrolment as envisaged in PSLM data is used to substantiate the result which shows that net primary enrolment increased by modest 3 percentage points between 2006 and 2011. But this was in line with the increase between 2001 and 2006; which was achieved without spending government funds worth $3.3 billion.

 

Misplaced priorities?: PC chides World Bank for funding ‘failed projects’

“We do not need capacity building. Help us in undertaking reforms and do not hedge us against little things,” says deputy chairman of Planning Commission. ILLUSTRATION: JAMAL KHURSHID

ISLAMABAD: 

Amid increasing footprints of international donors, Planning Commission chief Dr Nadeemul Haque has criticised the World Bank for throwing money behind failed projects and venturing into areas that are not so important for the revival of the economy.

Haque’s remarks reflect an effort to highlight the donor-bureaucrat nexus that has led to unchecked benefits for bureaucrats and donor agencies alike, which is widening the debt burden of the country.

He was speaking at a ceremony organised to launch a report on the water and sanitation sector, prepared by the World Bank.

How such events are used to benefit the people involved can be gauged from the fact that to give a 15-minute presentation on the situation of water supply and sanitation in Pakistan, William D Kingdom, the Regional Lead Specialist Water, flew in from Washington.

Haque came down hard on the Washington-based lending agency at a time when the WB was ready to offer another $300 million in the name of tax reforms despite failure of the previous $150 million support for the same purpose. Despite Planning Commission’s opposition, the project is likely to be signed soon.

“We do not need capacity building. Help us in undertaking reforms and do not hedge us against little things,” said a visibly upset deputy chairman of Planning Commission while giving his concluding remarks.

He complained that the WB was either focusing on areas which came at the bottom of the country’s priority or the proposed solutions which have already been given in the Framework for Economic Growth – the strategy paper that the Commission believes offers solutions to all economic ills.

He said the Planning Commission gave policy guidelines without seeking donor funding and the WB would always conduct research in areas where it wanted to give money without caring about the outcome.

Haque also admitted the failure of the government in funding research and implementing reforms in all spheres, which eventually provided an opportunity to the donors to do work according to their will.

He said in the Framework for Economic Growth “we came to the conclusion that people need a lot more.”

“Water and sanitation is important in people’s life, but they need a lot more. They need liberty and happiness and this requires reforms, which neither the government nor the WB is ready to support,” said Haque, who could not make a dent despite remaining the head of an institution that is supposed to be ahead of present times.

He argued that the WB was ignoring critical areas like energy and civil service reforms and without conducting studies in these two areas and eventually initiating meaningful reforms the country could not progress.

He disclosed that the WB had frankly told him that it could not cooperate in these areas. “In Pakistan, bureaucracy controls everything and without civil service reforms the country cannot be put on the path of sustainable development,” he added.

Published in The Express Tribune, April 25th, 2013.

 

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Say “NO” to Nawaz Sharif, Shady, Double Dealing, Money Laundering Crook Will Be a Disaster For Pakistan


Pakistan’s anti-graft body objects to Sharifs’ candidature

 

Islamabad: Pakistan’s anti-corruption watchdog has objected to the candidature of former premier Nawaz Sharif and his brother Shahbaz Sharif in the upcoming General Election, saying they had defaulted on a bank loan worth Rs 3.48 billion. 

The National Accountability Bureau yesterday raised the issue in an official communication sent to the Election Commission. 

Three graft cases against the Sharifs and their relatives are currently pending in an anti-corruption court in Rawalpindi, NAB officials told the media. 

The Sharif brothers have been accused of defaulting on a loan that was taken for the Hudaibiya Paper Mills. 

 

Nawaz Sharif, the head of the main opposition PML-N, and former Punjab chief minister Shahbaz Sharif were also accused of accumulating money and assets beyond their declared means of income by misusing authority. 

A case in this regard was filed against them in an anti-corruption court in Attack in March 2000. Several of their relatives, including Nawaz Sharif’s son Hussain Nawaz, Hamza Shahbaz, Shamim Akhtar, Sabiha Abbas, Maryam Safdar and Ishaq Dar, are among the accused in the cases. 

Malik alleges Nawaz Sharif involved in money laundering

 | 28th April, 2012
 
 

Rehman Malik also alleged that Nawaz Sharif made a second NRO with dictator Pervez Musharraf and went abroad after signing an agreement and violated the Charter of Democracy (COD) he signed with Benazir Bhutto in 2006.

ISLAMABAD: Interior Minister Rehman Malik on Saturday alleged that PML-N Chief and former Prime Minister Nawaz Sharif was involved in money laundering.

Addressing a news conference in Islamabad, he said evidence against Nawaz Sharif would be placed before the Supreme Court and National Accountability Bureau (NAB) for alleged corruption of $32 million.

Rehman Malik said a commission may be formed to investigate alleged involvement of Nawaz Sharif in money laundering.

He appealed to the Supreme Court to call him and he would present all evidence. He further alleged that Nawaz Sharif made an NRO with former President Farooq Ahmed Leghari and as a result, Benazir Bhutto’s elected government was unconstitutionally dismissed in November 1996.

Rehman Malik also alleged that Nawaz Sharif made a second NRO with dictator Pervez Musharraf and went abroad after signing an agreement and violated the Charter of Democracy (COD) he signed with Benazir Bhutto in 2006.

Unknown-6A spokesman for the PML-N rejected the allegations against the party’s top leadership, saying the accusations made by the NAB were “misleading”. 

He alleged that NAB officials were acting at the behest of the previous Pakistan People’s Party-led government to target PML-N leaders. 

 

The Election Commission recently made the NAB part of the set-up for scrutinising the candidates for the May 11 General Election. 

Shahbaz Sharif is contesting polls to the Punjab Assembly while Nawaz Sharif is a candidate for polls to the National Assembly. The elder Sharif is widely tipped to become premier if the PML-N wins the polls. 

The NAB has set up special election cells to facilitate the scrutiny of candidates. 

The Election Commission has also roped in the Federal Bureau of Revenue, State Bank of Pakistan and National Database and Registration Authority in a bid to weed out candidates accused of corruption or wrong-doing. 

The Election Commission has said that tax-evaders, people who default on loans and utility bills and beneficiaries of loan write-offs will be barred from contesting the polls, which will mark the first democratic transition in Pakistan’s history. 

 

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SAY “NO” TO NAWAZ SHARIF

 SAY “NO” TO NAWAZ SHARIF

Apr
28
2012

Documents Point To Sharifs $32 Million Corruption Scandal

Following documents have been placed before the Supreme Court and National Accountability Bureau (NAB) alleging Nawaz Sharif involvement in $32 millions corruption scandal.

 

Feb
22
2012

NAB may open more cases against Sharifs

ISLAMABAD: The National Accountability Bureau (NAB) is preparing to take up cases against PML-N chief Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif.

According to sources, the cases relate to default of Rs4.9 billion loans obtained from nine banks in 1994-95.

“Cases against Sharif brothers were to be approved in a recent NAB board meeting but were deferred on the directives of the Chairman, Admiral (retd) Fasih Bokhari,” an official of the bureau said on Monday.

The chairman is reported to have said that all pending cases about politicians would be taken up soon.

The NAB spokesman was not available for comment.

The bureau had earlier frozen some assets of the Sharif family against which the loans had been taken.

The Supreme Court upheld in January a judgment of the Lahore High Court asking NAB to release the assets of the Sharif family. It dismissed an appeal by NAB Prosecutor General K.K. Agha against LHC’s Oct 4, 2011, directive to the bureau to return Rs115 million and property of Hudabiya Paper Mills lying with the National Bank, Islamabad.

The sources said the assets had not been released so far.

The prosecutor general had told the Supreme Court that before heading to Saudi Arabia in December 2002, Nawaz Sharif had consented to return money to NAB under an agreement.

When contacted, PML-N spokesman Mushahidullah said the party’s chief and his family were not defaulters of any bank loan. “That was the reason Nawaz Sharif demanded of the government to make public details of all bank loans not repaid by politicians,” he said.

Replying to a question, he said the value of the frozen assets was far higher than the amount of loans obtained. “Once their assets are released, they will pay the loans,” he said.

The loans were taken from the NBP, Habib Bank, United Bank, Muslim Commercial Bank, Punjab Mudaraba, Bank of Punjab, Agriculture Development Bank, Pakistan Industrial Credit and Investment Corporation and ICP Bank.

During the proceedings in the Supreme Court, the NAB prosecutor general submitted an agreement signed by Nawaz Sharif and the Musharraf government.

The LHC had declared the taking over of property of the petitioners as unconstitutional, ultra vires under NAO, 1999, and without lawful authority. It had also ordered payment of compensatory cost of Rs150,000 per petition to Hudabiya mills, Nawaz Sharif, Shahbaz Sharif and Mian Mohammad Abbas Sharif.

 

Jan
31
2012

Expensive govt land on Murree Road allotted illegally

ISLAMABAD: Government land costing billions of rupees on the Murree Road has allegedly been allotted.

While widening the Murree Road in 1998-99, the then Punjab chief minister, who also holds the post now [Shahbaz Sharif], had decided to allot alternate land instead of financial compensation to some of the affected persons.

Working swiftly, the Highways Department first got transferred six acres of land on the main Murree Road owned by the Agriculture Department in their own names and then transferred it illegally to fake victims.

The Revenue department had also declared the allotment illegal six years back. After probe, it was learnt that land was provided to Raja Abdul Latif without any legal justification ignoring the legal claimant Zia Rashid.

Likewise, Raja Shafqat, son of Raja Mohammad Siddiq, was also allotted land while the actual claimant, Mohammad Hashim Khan, son of Haji Manzoor Hussain, was ignored. Two other real claimants Mohammad Usman and Jamila Akhtar were also not included in the list.

A six-member committee consisting of officials of the Revenue and Highways departments in the light of a detailed report of tehsildar Rawalpindi had ruled that all bogus allotments may be cancelled and the land illegally allotted maybe got vacated. The committee had also ruled that the genuine affected persons may be given alternate lands elsewhere.

source: http://www.thenews.com.pk/TodaysPrintDetail.aspx?ID=12142&Cat=13

 

Nov
14
2011

The Punjabi Taliban

Rana Sanullah and Muhammad Ahmed Ludhianvi of Sipah-e-Sabah

Punjab, with Lahore as its bustling capital, contains half of Pakistan’s population. The provincial government is in the hands of the conservative, mildly Islamist party of a former prime minister, Nawaz Sharif. In a speech in March his brother, Shahbaz Sharif, who is chief minister, pleaded with the Taliban to leave Punjab alone as his administration shared their ideology of keeping out “foreign dictation” (ie, Americans). Officials bristle at comparisons between Punjab, which is moderately well run, and the lawless tribal areas.

It is correct to say that there has been no territorial takeover by extremists in any part of the province, nor any enforcement of Islamic law. However, Punjab functions as an ideological nursery and recruiting ground for militants throughout the country. Distinctions between the Taliban in the north-west and older jihadi groups in Punjab have broken down. The federal government says Punjabi groups have been responsible for most of the big terrorist attacks in the province.

Punjab’s minister of law, Rana Sanaullah, went on the campaign trail in February with the reputed head of Sipah-e-Sahaba, for a by-election in the southern town of Jhang. The two rode through the streets in an open-top vehicle. The minister says that he was just trying to bring the group into the mainstream. Jhang is Sipah-e-Sahaba’s headquarters; the group makes little effort to hide its presence there.

Another outfit, Jaish-e-Mohammed, is based in Bahawalpur, also in southern Punjab, where it has a huge seminary. Former members of both organisations are integral parts of the Pakistani Taliban. Another group, Lashkar-e-Taiba, blamed for the devastating attack on Mumbai in 2008, also has Punjab as its home. “The Punjab government is not only complacent, there is a certain ambivalence in their attitude” towards extremists, says Arif Nizami, a political analyst based in Lahore. “They compete for the religious vote bank.”

Source: http://www.economist.com/node/16281220

 

Oct
27
2011

Will Nawaz Answer Why PML-N Lawyer Garlanded a Confessed Murderer?

 

Mr Falur Rehman Niazi sahib, who is president of PML-N lawyers wing federal capital Islamabad and is a lawyer himself and has been president for many years, he garlanded a self confessed murderer. Please answer Nawaz Sharif

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Oct
24
2011

Students Protest Corruption of Sharifs

Students protest corruption of Sharifs

Recent agitation against the Punjab government on the intermediate result fiasco, underscores the growing wedge between the youth and a Pakistan Muslim League-Nawaz (PML-N) desperate to woe the younger generation. The protests could not have come at a worse time for the Sharif’s, who are trying to mobilise the public against the federal government. Following the cancellation of the intermediate exams at four Board of Intermediate and Secondary Education (BISE) centres in Punjab, students and the youth have raised fingers at the credentials of the Punjab Chief Minister (CM) to mount an anti-corruption campaign against the federal government. The failure of the online examination system across Punjab has sparked anger that now risks the 28 October rally by the Sharif brothers against the federal government, Pakistan Today learnt on Sunday.

Students have asked on what grounds are the Sharif brothers taking out a rally against corruption when the education boards in their own province had become the hub of corruption. While the Punjab CM was visiting education institutes to garner support, the cancellation of Inter-1 result at four BISE boards, including Lahore, Gujranwala, Multan and Faisalabad, sparked rage amongst students who chanted slogans against Shahbaz and Nawaz Sharif and set Punjab government advertisements on fire. After his Inter result was cancelled, student Wasif Ali said,

“Everytime I find the Punjab CM criticising corruption by the federal government, I want to ask him: what happened at the four BISE boards, Mr CM?”
– Wasif Ali

“Is it because of his love for education that no permanent education minister has been appointed in Punjab,” he said, “the education ministry has failed due to its incompetence and the CM should not expect the youth to turn up at his rally.”

“The parents of female students are sitting on roads and chanting slogans against the Punjab government but his government has ordered police to beat up students protesting for their rights. Why should we join him in the rally?” Kashif asked. Another intermediate student, Adeel Ahmad said it was ironic the PML-N was holding a rally against corruption when the CM himself was supervising corruption in Punjab. “While Shahbaz has rightly suspended the BISE Chairman and Controller, no action has been initiated against the man behind the fiasco, BISE It Consultant Dr Majid Naeem, who is related to a PML-leader,” Adeel said.

He said it was common knowledge that Dr Majid had corruptions cases registered against Majid, who had been terminated from Punjab University on corruption charges. He said the fact that the PML-N was turning a blind eye to Majid’s corruption, showed their hypocrisy.
http://www.pakistantoday.com.pk/2011/10/%E2%80%98clean-up-your-own-house-first%E2%80%99/

 

Oct
24
2011

PML-N polluting the Mall with banners

PML-N PTI banners polluting mall

As Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) battle through banners, Parks and Horticulture Authority (PHA) is unable to regulate the display of banners which has officially been banned on the Mall and other major roads of the city, Pakistan Today has learnt. The Mall is heavily polluted by an array of banners that have been put up to advertise the PML-N rally on October 28, from Nasir Bagh to Bhatti Chowk, and the PTI rally on October 30 in Minar-e-Pakistan, following a lack of implementation of the ban. A senior official of PHA said it appeared as if political parties were questing to achieve political glory by attracting people to join their causes but neither did they consider the ban nor did they consider how adversely it polluted the road. He said some of the banners hanged through electric poles and traffic signals after last night’s windstorm. Some had fallen on the road, dirtying it while most poles displayed three to four banners which looked unsightly, he added.

In front of the Punjab Assembly, PML-N banners with pictures of Nawaz Sharif, Shahbaz Sharif and Hamza Shahbaz bearing political slogans were seen. On the other stretch of the road, PTI banners could be sighted in the proximity of the Governor House.

Javed Jabbar, a resident of lower Mall, told Pakistan Today that the unsightly banners were a cause of concern for citizens. He also noted that the government’s promise to keep the Mall free from banners had not been fulfilled.

Source: http://www.pakistantoday.com.pk/2011/10/pha-helpless-against-pti-pml-n-%E2%80%98war-of-banners%E2%80%99/

 

Oct
14
2011

Nawaz’s secret dash to Dubai

PML-N President, Mian Nawaz Sharif, made an unannounced dash to Dubai Thursday afternoon and returned to Pakistan the same evening. The visit was kept completely under wraps and even the senior most party leaders had no idea that their leader had gone missing from the country for a few hours.

According to a source, Mr. Sharif also held an “important meeting lasting a couple of hours” with some undisclosed individuals; however no further details were available on this count and could not be confirmed by another independent source.

According to details, Nawaz Sharif landed in Dubai late afternoon and drove straight to the residence of Senator Ishaq Dar, whose son is married to Nawaz Sharif’s daughter. When contacted, Senator Pervez Rashid (PML-N) insisted that there was nothing unusual or “mysterious” about the visit and that Mr. Sharif had gone to Dubai to meet his daughter and to deal with some family matters.

Responding to another query he said, “Mian sahib had planned this private visit for a while but we (party leadership) had asked him to postpone it because of the evolving political situation here at home. Now he felt that he could afford to take out a few hours for this visit,” adding, “Please do not read anything into a simple private family visit”. When asked about the need to keep the visit a secret, Senator Rashid shrugged off the assertion by saying, “It was a private visit, that’s why”.

It may be recalled that in the past however, every time Mr. Sharif went on a ‘private’ visit either to the UK or the UAE, maximum media coverage was always ensured by his political aides and respectable sized reception parties were assembled at the destination airports. Why this past tradition was suddenly abandoned and a blanket of secrecy thrown over the visit, only time will tell.

SOURCE: http://www.thenews.com.pk/TodaysPrintDetail.aspx?ID=9538&Cat=13

 

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