Pakistan – Three ex-Army generals found guilty of 25 billion scam

Three ex-Army generals found guilty of Rs 25 bn scam – By Rauf Klasra

ISLAMABAD: A nine-year-old Rs 25 billion scam of the Musharraf regime has returned to haunt his three favourite ex-Army Generals, who administered the Pakistan Railways in 2001, former ISI chief Javed Ashraf Qazi, Saeeduz Zafar and Hamid Hassan Butt.

A 20-member special parliamentary committee of the National Assembly, formed by Speaker NA Dr Fahmida Mirza on April 22, 2008, investigated the lease of PR’s hundreds of acres of land of Royal Palm Golf and Country Club, Lahore, to a private party. It has now recommended to the government to register criminal cases against these ex-generals and confiscate and auction their property to recover the losses before cancelling the deal.

These generals were summoned by the committee to give their side of the story but they failed to convince the members of their innocence. This is the major finding of any parliamentary committee since the return of democracy in 2008. The special committee has recommended immediate termination of the contract signed in 2001 and appointment of a new ad hoc committee for the interim period. It recommended fresh leasing of the Royal Palm Golf Course in an open auction so that maximum revenue could be generated for the Pakistan Railways, which according to its calculation might exceed Rs 40 billion. ….

Read more >> The News

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Parliament investigates corruption of Musharraf’s Generals

Courtesy: DawnNews (Arshad Sharif)

Via >> ZemTV

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