Posts Tagged Kick-Backs & Commission

NEW TURN IN PURCHASE PRICE OF LNG FOR PAKISTAN FROM THEIR OWN COMPANY HEADED BY THE FRONT MAN MR SAIF UR REHMAN EX-MOTASIB E ALA PAKISTAN SITTING IN YEMEN

Heart warming news for the nation, the corrupt government of Pakistan, which came to power through fraudulent means, in the light of hue & cry made by one particular media group (ARY) and public in general has forced these scoundrels to shamelessly reduce previously selected price of 19.5 $ for the purchase of LNG for Pakistan from their own newly established company in Yemen through their front man Ex- Motasib e Ala Mr. Saif ur Rehman, downwards to 16.5 $.

The interesting point worth mentioning, that India buys same product from Yemen in 12 .5 $ (including all Kickbacks, Commissions, Cuts etc, etc) and Japan buys at 12.0 $. Now one can imagine easily as to what is going to happen in days to come, and how this gang of corrupt is going to rob mercilessly 180 million down trodden people of Pakistan in the name of sham democracy.

Knowledgeable people in the subject believe that including all Kickbacks, Commissions  & Cuts the purchase price for LNG delivered in Pakistan should be not more than 11.5 $, because Pakistan happens to be located nearest, then all other purchasers of LNG from Yemen.

Thus in a way, still these cruel vultures  of Lahore, the so called democrats are planning to rob this poor nation by 4 $ per unit in purchase price only, which as worked out would amount to 400 million dollars per year (depending upon the units agreed to be purchased per year). On top of every thing the tenure of the purchase agreement between the newly established company  and Government of Pakistan would be for 15 years, having an inbuilt clause, that if the agreement is terminated before the designated period of time than the Government of Pakistan would have to pay a huge amount in lieu of damages.