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Posted by admin in CRY THE BELOVED COUNTRY, Rape of Pakistan on March 1st, 2018
Posted by AghaSaad in Pakistan-A Nation of Hope on August 26th, 2013
Pakistan Loan Rat Defaulter No:3 : West Pakistan Tank Terminal-: PAY BACK OUR MONEY
According to the National Accountability Bureau reference, the NDFC had approved a financial facility of Rs 40 million in 1994 in favour of M/s West Pakistan Tanks Terminal (Pvt) Ltd as a trade finance facility.
Subsequently, the facility was converted into working capital funds for the purchase of molasses to be exported abroad and was disbursed in January 1995. Abbasi, the then NDFC chairman, collaborating with sponsors Sadaruddin Ganji, his son Hasham Sarduddin Ganji, Saleem Dawood and Sajid Ahmed of M/s West Pakistan Tanks Terminal, allegedly committed numerous procedural and processing irregularities while granting the financial facilities.
The NDFC itself made inquiries into the matter with the consultation of M/s Raza Kazim Associates. The NDFC then requested legal action against Abbasi, as the loan amount was still outstanding, and an FIR (40/1997) was registered against the accused in July 1997.
Previously, the court had issued warrants under Section 88 (attachment of property of person absconding) of the Criminal Procedure Code (CrPC) against Abbasi, Hasham Ganji and Saleem Dawood, who were declared absconders.
The investigation officer then submitted a report to the court under Section 87 (proclamation for person absconding) of the CrPC regarding the arrest of the absconders. The other co-accused, Sardruddin Ganji, was released on bail while Sajid Ahmed was remanded in judicial custody. On January 15, the court indicted both the co-accused on corruption charges. They, however, pleaded not guilty and opted to contest the case.
KARACHI, Feb 7: The Sindh High Court on Tuesday admitted an appeal filed by Sadruddin Ganji, a business tycoon, against his conviction in a graft reference.
A division bench headed by Justice Maqbool Baqar issued a notice to the prosecutor of the National Accountability Bureau and put off the hearing to Feb 22.
The appellant was sentenced to seven years in prison and a fine of Rs1 million was imposed on him on Feb 2 by an accountability court that found him guilty of defaulting on the financial facilities he had.
According to the verdict, the prosecution through the evidence placed in court proved that the accused had obtained loan facilities from a private bank and upon non-repayment, the bank filed a recovery suit in the high court, which issued a decree to the amount of Rs657.635 million with 21 per cent markup.
According to the reference (12/2007) filed by the National Accountability Bureau, Sindh, Sardaruddin Ganji and his son Hashim Ganji of West Pakistan Tank Terminal obtained financial facilities worth Rs250 million from a private bank in 1996 for their firm, which was set up to import palm oil, export molasses and store stock in tank terminals. However, it said, the accused remained unable to pay back the loan.
The charge-sheet filed by NAB in 2007 alleged that the accused obtained the loan in the form of letters of credit for the import of palm oil and did not repay the amount as per agreement and committed wilful default of Rs1.122 billion.
The State Bank of Pakistan presented a list of loan defaulters before the Supreme Court on Wednesday October 20, 2010.
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Posted by Dr. Salman in THIEVES AND FINANCIAL TERRORIST OF PAKISTAN on August 26th, 2013
HIGHLY TOUTED RECOVERIES FROM THE DEFAULTERS ARE JUST A DROP IN THE BUCKET
PLEASE PRAY FOR PAKISTAN THAT IT RECOVERS THE LOOTED WEALTH OF 180 MILLION PAKISTANIS IS RECOVERED FROM THE THIEVES NAMED BELOW
THEY ARE PROTECTED BY GREAT POWERS AND ROAM THE STREETS OF USA, UK, JAPAN, UAE, DUBAI, RIYADH,CAYMEN ISLANDS, NEW YORK CITY, LONDON, TOKYO, HONG KONG
NAWAZ SHARIF IS THEIR PROTECTOR & CHAMPION, EXPECT NOTHING BUT PARDONS FOR THESE THIEVES FROM HIM
PAKISTAN’S SUPREME COURT & JUDICIARY, EXECUTIVE , AND LEGISLATURE HAS BEEN BOUGHT OFF BY THE THIEVES NAMED BELOW. ONLY ALLAH CAN RECOVER THE WEALTH THEY HAVE STOLEN FROM THE POOREST OF POOR OF THIS NATION.
PLEASE PRAY THAT 180 MILLION SUFFERING PEOPLE OF PAKISTAN ARE RESCUED FROM THESE VULTURES WHOSE NAMES ARE LISTED BELOW. THEY ARE THE DEVILS WHO GUARD THE GATES OF HELL
SHAME ON THE CORRUPT CHIEF JUSTICE OF PAKISTAN WHO HAS NOT PROSECUTED A SINGLE DEFAULTER OF NOTE,EXCEPT SOME MINOR WEAKLINGS.
The State Bank of Pakistan presented a list of loan defaulters before the Supreme Court on Wednesday October 20, 2010.
NOTHING HAPPENED SO FAR THESE THIEVES ARE WALKING FREE IN US ,EUROPE & EVEN PAKISTAN
THEY ARE CAREFREE AND CAN BUY EVERY INSTITUTION IN PAKISTAN INCLUDING THE SUPREME COURT WHICH HAS SO FAR NOT PROSECUTED A SINGLE ONE OF THE KEY DEFAULTER
Company | Rs. in mil. |
Eurogulf Enterprises | 5.342.55 |
Younus Habib | 2.476.40 |
West Pakistan Tank Terminal | 1.977.38 |
Mercury Garments Industries | 1.565.89 |
Siraj Steels Ltd Muridke | 1.412.66 |
Spinning Machinery Co | 1.387.60 |
Saad Cement Ltd Karachi | 1.265.97 |
Pakistan National Textile | 1.166.45 |
Mehr Dastagir Spinning Mills | 1.160.50 |
Karachi Property Investment | 1.003.19 |
Mohib Textile Mills | 1.117.49 |
Redco Textiles Ltd | 1.116.77 |
Chaudhry Cables | 1.050.58 |
Abdullah S Al Rajhiest | 1.031.90 |
Quality Steel Works | 981.60 |
Mekran Fisheries | 960.12 |
Kohinoor Looms | 945.41 |
AH International Private Limited | 901.21 |
Coral Cast Ltd | 900.92 |
Aziz Spinning | 864.95 |
Rashi Testile Mills | 859.17 |
Farooq Habib Textile | 827.15 |
Northern Polythene | 825.59 |
Firdous Spinning Mills | 780.14 |
Muhammad Ibrahim Murad | 748.15 |
Metropolitan Steel | 747.67 |
Tristar Polyester Ltd | 737.02 |
Bindder Insad Tourism | 734.44 |
Commodore Industries | 722.76 |
Target Readymade Garments | 696.46 |
Balochistan Foundary Ltd | 663.54 |
Tawakkal Group of Industries | 642.22 |
First Tawakal Muzarba | 628.65 |
Synthetic Leather Industries | 620.56 |
Nabchoon Garments Factory | 597.52 |
Golden Textile Mills | 589.72 |
Mian Muhammad Sugar Mills | 584.90 |
Saadi Cement | 584.11 |
Service Fabrics Ltd | 571.23 |
Punjab Cooperative Board for Liquidation | 538.23 |
Glamour Textile Mills | 533.88 |
Punjab Road Transport Corporation | 524.15 |
Ravi Agri Dairy Products | 509.73 |
Pakistan Concrete | 477.70 |
Pakpattan Dairies | 467.12 |
AlJamia & Alquasi Trading | 462.67 |
Fabri Tex Limited | 454.32 |
Apparel Trading Establishment | 454.00 |
Adamjee Industries | 448.84
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Pakistan Think Tank will expose the rats, who have stolen the bread crumbs from 180 million Pakistanis. We will shine a light into their rat holes, where they are hiding. These people have existed in relative anonymity. They stolen from national treasury through unsecured loans from the State Bank of Pakistan. They have given kick-backs to bank officers. They have converted these loans to foreign currencies like dollars and punds
We ask our readers from Pakistani backgrounds, members of Pakistan Think Tank Organization, and our global friends to expose these criminals to the world. So, they cannot hide anywhere in the world in cognito. Their children cannot get Ivy League school education paid by the money stolen from poor and indigent 180 million Pakistanis, who do not have the basic life’s necessity like clean drinking water. The biggest thief is EURO GULF ENTERPRISES, who have stolen the monies paid to them for laying down these pipes
Dear Pakistanis and friends go to the website of these thieves and on their feedback page, demand that they return Pakistan’s money. We will write to Attorney Generals and Justice Departments of other countries, if they have money laundered. We are also concerned that Gulf States like Dubai is the hub of their money laundering activities. The Sheikhs of UAE are protecting them, so the money stolen from Pakistan is kept in UAE Banks.
Here is the URL of their company:
http://www.egpipes.com/contact.php
If Pakistanis have concrete proof of other defaulters, no on this list, we will publish it for all the world to see. Your Privacy will be protected, your name and location will not be exposed.
Please e-mail to:
(Report by Daily Jang, 21.10.2010)
Posted by admin in Bhutto-Zardari Feudal Family Corruption, BOOT THE SCOUNDRELS OR SHOWDAZ, Corruption, Corruption in Islamic Countries, Looters and Scam Artists, MQM, MQM Destruction of Karachi, Pakistan's Hall of Shame on March 30th, 2013
A corrupt, low-level cop with a healthy dose of street smarts rises to control hundreds of illegal gambling dens in Pakistan’s largest city. By doling out millions of dollars in illicit proceeds, he protects his empire and becomes one of the most powerful people in Karachi.
The allegations against Mohammed Waseem Ahmed — or Waseem “Beater” as he is more commonly known — emerged recently from surprise testimony by a top police commander before a crusading anti-crime Supreme Court judge. The story has given a rare and colorful glimpse into the vast underworld in Karachi, a chaotic metropolis of 18 million people on Pakistan’s southern coast.
The sprawling city has become notorious for violence, from gangland-style killings and kidnappings to militant bombings and sectarian slayings. Further worrying authorities have been signs that the Pakistani Taliban are using the chaos to gain a greater foothold in the city.
For months, the Supreme Court’s Chief Justice Iftikhar Chaudhry has been leading special hearings on Karachi’s crime, berating the city’s top police officers for failing to act. This past week, he demanded they move in to clean up so-called “no-go” areas — entire neighborhoods where police fear to tread — according to local press reports.
Further fueling the problem is rampant police corruption, undermining efforts to combat the city’s violent gangs and extremists. Among the public, the police nationwide are seen as the country’s most crooked public sector organization, a high bar given claims of pervasive corruption throughout the government.
The allegations surrounding Ahmed further fuel questions about the overlap between Karachi’s underworld and its police forces. After the testimony to the Supreme Court earlier this year, police officials in Karachi provided The Associated Press with additional details over his reported rise.
The AP made repeated attempts to contact Ahmed, who has been removed from the force and fled to Dubai, but was not successful.
Ahmed came from a poor family in Karachi’s old city and joined the police force in the 1990s. He soon started working as a “beater,” a low-level thug who works for more senior cops to collect a cut from illegal activities in their area, such as gambling, prostitution and drug dealing, said half a dozen police officers who knew him personally at the time. They all spoke on condition of anonymity for fear of retribution.
Ahmed, who sports a bushy black mustache and usually dresses in a simple, white shalwar kameez, earned a reputation for carrying out his illicit work efficiently, said two police officers who have known him ever since he joined the force. That reputation helped him forge relationships with more senior figures, and eventually he was collecting money for some of the top police officers and civilian security officials in Karachi, they said.
The heavyset 40-year-old also attracted the attention of a local boss who controlled the largest concentration of illegal gambling dens in Karachi, located in the city’s rough and tumble Ghas Mandi area, where Ahmed worked, said the policemen and a local journalist. The two teamed up to expand their gambling empire to other parts of Karachi and surrounding Sindh province.
Gambling was not always illegal in Pakistan, a nation of 180 million people that gained independence from Britain in 1947 as a sanctuary for Muslims who did not believe they could thrive as part of what is now India, a majority Hindu state. Despite the religious undertones of Pakistan’s founding, the country’s major cities, such as Karachi and Lahore, were relatively liberal places in the first few decades after independence. Alcohol flowed freely in nightclubs filled with dancing girls.
But in 1977, Prime Minister Zulfikar Ali Bhutto banned gambling and alcohol for Muslims in an attempt to appease Islamic hard-liners. Drinking and gambling, which are forbidden in Islam, didn’t stop, but much of it was driven underground.
The gambling dens in Ghas Mandi are hidden behind nondescript facades down dark alleyways with tangled electrical wires hanging overhead in one of the oldest and densest populated parts of Karachi.
In one den, a dozen men dressed in shalwar kameez sat in a semicircle on the floor playing a local card game, mang patta, beneath bare bulbs hanging from the ceiling. The men sipped tea and tossed 100 rupee ($1) poker chips at the dealer.
In an adjacent room, a handful of men played chakka, a game that involved guessing the numbers that would appear when the dealer rolled three dice out of what looked like an old leather Yahtzee cup. Rupee notes were placed on a table as bets and held in place by a large metal washer. Everyone stopped their games when the Muslim call to prayer came over a loudspeaker from a nearby mosque — and they promptly resumed the dice and cards once the prayer ended.
Ahmed earned tens of thousands of dollars each day from hundreds of such gambling dens, said the policemen and journalist who knew him. He also collected extortion money from drug dealers and brothels and smuggled diesel fuel into Karachi from neighboring Iran, where it is much cheaper, they said.
He distributed cash to senior officials, and the pay-outs made him one of the most powerful people in Karachi’s police force, said his acquaintances. He won significant influence over who was posted to senior positions, thus providing him with protection, they said. Known as a man of few words who rarely loses his cool, Ahmed also handed out money to Karachi’s powerful criminal gangs and traveled with roughly a dozen armed guards as an insurance policy.
He was sailing smoothly through the underworld until one of the Supreme Court sessions in January.
A petitioner outlined to the court allegations of Ahmed’s illicit activities and his power in the police force. Chief Justice Chaudhry then asked senior police officers and civilian officials who were present about the allegations. They all expressed ignorance.
But Deputy Inspector General Bashir Memon spoke up and backed the petitioner’s claims.
“I said yes, Waseem ‘Beater’ is present among the ranks of the Karachi police. He controls the gambling business in Karachi,” Memon told The Associated Press. “I also confirmed that he is involved in the transfer and posting of junior and senior police officers.”
Another senior police officer in Sindh province, Sanaullah Abbasi, also testified that he knew Ahmed and that he controlled gambling dens in Karachi.
Chaudhry lambasted the senior officials for not going after Ahmed and asked Memon whether he was concerned about contradicting his colleagues.
As a sign of Ahmed’s power, Memon said he was told the same day he would be transferred out of Karachi, but the Supreme Court canceled the transfer order.
Ahmed was dismissed from the police force after the Supreme Court hearing, according to two senior police officers, and government records indicate he flew to Dubai and has not returned.
Hassan Abbas, an expert on the Pakistani police at the New York-based Asia Society, said Ahmed’s case provides a stark illustration of the level of corruption in the Karachi police force, which he described as the worst in any of Pakistan’s major cities. Criminal cases are currently pending against 400 police officers serving in Karachi, said Abbas.
Civilian officials, who also benefit from corruption, have shown no willingness to reform the system, making the force relatively ineffective in cracking down on criminal gangs and Islamist militants in the city, said Abbas.
“The chaos in Karachi provides criminal gangs with the cover they need to operate,” said Abbas. “Corruption provides an incentive to continue that chaos.”
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“I replied, ‘I only told you the truth,'” Memon told the AP.
Posted by admin in BOOT THE SCOUNDRELS OR SHOWDAZ, Corruption, Letters to the Editor, Looters and Scam Artists, Pakistan's Hall of Shame on January 14th, 2013
ISLAMABAD: Since the past couple of weeks, the entire country has been abuzz with news of Long March to Islamabad. This march is being led to the capital by none other than Allama Tahiru Qadri, a Pakistani scholar of international acclaim.
Announcement of the long march was made by Mr Qadri during his momentous address to a mammoth gathering of people at the Minar-e-Pakistan on December 23, 2012. Since his address, the Maulana seems to have become a household name in Pakistan. The reason for this is none other than the fact that whatever Mr Qadri has been talking about and demanding from those in power relates to the greater public good.
Undoubtedly, the nation is quite perturbed and to some extent also excited about this new development. Excruciatingly painful circumstances compel them to believe that Mr Qadri is perhaps, the messiah they have been waiting for all these years to resolve all their problems and liberate them from the clutches of the unjust rulers, who have ruled this country for over six decades. While people are excited, those at the citadel of power and those aspiring to be in power seem to be extremely anxious. They all agree on at least one point: that whatever Mr Qadri is talking about and demanding is what is urgently required to be done. They do not, however, believe that he is sincere in bringing about the change that he has been so vociferously asserting at all his recent speeches and press conferences.
These political groups also have doubts about Mr Qadri’s abilities to govern this country and blame him for playing with the emotions of the people through his use of rhetoric. Yet, another element that seems to be seriously tormenting the politicians of this country is the fear that Mr Qadri has, perhaps, come with a foreign agenda to derail democracy in Pakistan and pave the way for the non-democratic forces to grab power.
Whatever Mr Qadri’s detractors may say about him, the fact remains that he is talking about bringing true democracy to Pakistan, giving the people of this country the right to basic amenities of life; education, health, food, shelter and employment as enshrined in the Constitution of the Islamic Republic of Pakistan, implementing all the clauses of the Constitution of Pakistan in letter and in spirit, empowering the masses to elect the right people to parliament, and empowering the chief election commissioner and the Election Commission of Pakistan to conduct free and fair elections.
Can anyone deny that all that Mr Qadri is saying is what has never been done, in tangible terms, before and needs to be done urgently? Can anyone also deny that true progress and prosperity of this nation and this country largely depend on implementing the measures that he is demanding be enacted? The appropriate thing to do at this critical juncture for like-minded and sincere elements belonging to all political groups, is to join hands and take the country and the people out of the quagmire they are at present in.
The journey may be long and arduous but for the sake of this country and this nation, it will have to be undertaken no matter what it takes.
REF