Tag Archives: deals

Arsalan used Chief Justice of Pakistan House’s address for deals

Dr Arsalan used CJP House’s address for commercial deals

LAHORE: According to reliable sources, Dr Arsalan Iftikhar Chaudhry was using the official address of Chief Justice House, Islamabad, for commercial purposes.

He was even using this address for his company with the name and style F.E.A. (Pvt) Ltd. Huge amounts, reportedly over Rs 300 million, were deposited in the account of this company owned by Arsalan Iftikhar with the correspondence address of Chief Justice House. It is a matter of concern that how an account could be opened in the name of a private limited company with the address of Chief Justice House.

This is a clear violation of Know Your Customers (KYC) instructions of the State Bank of Pakistan, which are required to be religiously followed by all banks and financial institutions of the country. Legally and morally, it cannot be comprehended as to how the official residence of the Chief Justice of Pakistan can be used for commercial deals.

The huge amounts which reportedly were credited as a matter of routine since 2009 in the accounts of Arsalan Iftikhar also raises the question as to why not a single Suspicious Transaction Report (STR) was ever generated.

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Pakistan – Mother of all conspiracies

Mother of all conspiracies

by Omar Ali

A narrow coterie of military officers, mullahs and bureaucrats relies on the conspiracy theories to keep their flock in line. They use them to cover up their own crimes and shortcomings and hide their own dirty deals

Conspiracy theories exist in every corner of the globe and the world being what it is, some must be true. As social animals, we naturally organize into an endlessly branching tree of groups and subgroups, all eyeing relatively scarce resources. Sometimes we cooperate with other groups in mutually beneficial arrangements, but all too frequently we fight, literally or figuratively. This competition takes all forms, from ordered and rule-bound competition to a vicious struggle without rules or limits. In this endless struggle the existence of conspiracies is not only expected, it is the norm. For after all, what is a conspiracy? It is a certain group of humans getting together in secret to plot against other humans. Looked at it this way, all nations and groups probably launch some secret cooperative efforts against their competitors.

But when we talk of conspiracy theories, we are talking about deeper and darker myths, not these run of the mill plots and plans. We are talking of paranoid fantasies that connect disparate events and usually imagine one vast conspiracy where a hundred different conspiracies may be working at cross purposes. These are the big daddies of the conspiracy world: the protocols of the elders of Zion, the trilateral commission, the black helicopter people. These theories inflate the cohesion, camaraderie and capabilities of one group of people (the Jews, the corporate barons, the “Hinjews”) well beyond the realm of the humanly possible, while demoting everyone else to helpless victim and clueless idiot. Such paranoid fantasies are not confined to any one country or people. Moronic paranoid conspiracy theories circulate at the fringes of every society. But some countries and populations do seem to have a special fondness for them. Luckily or unluckily, we are one such country, and Muslims in general seem to be one such people.

Why? The psychology and sociology literature overflows with explanations. One theory holds that conspiracy theories are the last refuge of the powerless. People who feel they have no control over their own lives look for supermen (and women) who are responsible for their predicament. Others blame modernization, or the dislocation caused by the collapse of traditional society, or sky-god religions that are already primed to see the invisible hand of one grand actor behind all events. Some of these theories are probably correct, but there is another factor that deserves consideration: a conspiracy; a conspiracy to promote conspiracy theories.

I am saying that people in Pakistan do not just believe in wild conspiracy theories because they are un-informed or illiterate (in fact, that last chestnut is clearly false, the biggest believers are all literate). Neither do they do so just because they are powerless or because their traditional worldview is collapsing in front of their eyes or because they already believe in an all-powerful deity. All those may be factors, but let us not forget one more reason they believe in wild conspiracy theories: because their leaders of public opinion tell them it is so. In other words, the widespread belief in conspiracy theories is itself a conspiracy; a small group of men (it is always men) pick up the juiciest theories from some idiot American website (usually a White supremacist or paranoid brain-dead Leftie website) and spread them far and wide in the land of the pure. They plant them as stories on their websites. Then they get their own “news” outlets to pick up these stories, quoting their own websites as sources. Then they get their opinion leaders to repeat these conspiracies, using the media and the websites as sources if needed. There is, in short, a conspiracy to spread these conspiracy theories.

So it is that we find that large sections of the Pakistani middle class believe that everything that is wrong with Pakistan is due to a Hinjew conspiracy against Pakistan. Those Hinjews, otherwise so accursed and incompetent that their Akash tablets melt when used (and are, of course, no match for our superior PacPads), are so capable in the conspiracy field that hundreds of suicide bombers blow themselves up in their service and don’t even know they are serving the Hinjews. They are so brilliant that their controllers never get caught as they go around coordinating vast legions of agents in every civilian party and media outlet. They are so tightly knit that there has never been a fissure within the Hinjew ranks. No disgruntled Hinjews have come on TV to tell us that us all about their evil plot against GHQ. While our own ambassadors, prime ministers and presidents are all foreign agents, no Hinjew traitor betrays his own country. While our own intelligence service (the finest in the world) cannot catch one of these conspirators, their incompetent intelligence service has recruited our best and brightest by the thousands.

Why make people believe such things? One answer is that a narrow coterie of military officers, mullahs and bureaucrats relies on these conspiracies to keep their flock in line. They use them to cover up their own crimes and shortcomings and hide their own dirty deals. They use them to focus public resentment on a convenient faraway (and even mythical) enemy while ignoring proximate causes of their predicament. They use them to create an atmosphere where their own demented “policies” start to appear sane by comparison.

Or it may be that they themselves believe these things. Maybe there are psychological factors that drive our elite to first believe and then sell these conspiracies; this implies that the drivers are not narrow self-interest, but widespread self-delusion amongst the elite. Maybe because of the difficulties of patching together an identity from a flawed and rather superficial foundational myth; or the cognitive dissonance between their own partly (or even mostly) Indian cultural and biological roots and their professed un-Indian ideals. One could make up socio-psychological mumbo-jumbo for days with this rich material. And it could be that both theories are true. Self-delusion and self-interest are happily married and produce endless red-hatted conspiracy theorists when they bed together. But is that all, or could there be, perhaps, a conspiracy behind this conspiracy to sell conspiracy theories to our middle class?

Here, I revert to my own Pakistani roots and present to you the mother of all conspiracies; this conspiracy that peddles incredible bullshit with unbelievable vigor on a hundred Paknationalist websites is itself a Hinjew conspiracy! Our conspiracy theorists are themselves the agents of RAW and Mossad. They have been directed to plant these conspiracy theories in order to ensure that middle class educated Pakistanis remain mired in stupid, moronic, illogical and contradictory conspiracy theories and never figure out how they are being screwed and by whom. Just think about it. If you were a Mossad officer tasked with destroying Pakistan, would you waste time recruiting dangerous fanatics in faraway mountains when you could recruit a few people in Islamabad and make monkeys of the educated middle class? Doesn’t this explain everything? As the conspiracy theorists always tell us, just think about it….connect the dots.

Courtesy: ViewPoint

Via – Brown Pundits

China Pullout Deals Blow to Pakistan

Mining Company Abandons $19 Billion Pact; Move Is Setback to Islamabad’s Effort to Establish Beijing as Foil to U.S.

By TOM WRIGHT in New Delhi and JEREMY PAGE in Beijing

A Chinese mining company pulled out of what was to be Pakistan’s largest foreign-investment deal because of security concerns, complicating Islamabad’s effort to position its giant neighbor as an alternative to the U.S. as its main ally.

An official at China Kingho Group, one of China’s largest private coal miners, said on Thursday it had backed out in August from a $19 billion deal in southern Sindh province because of concerns for its personnel after recent bombings in Pakistan’s major cities. …

Read more » The Wall Street Journal

New corruption scandal deals blow to India’s image

By Paul de Bendern and Jui Chakravorty

NEW DELHI/ MUMBAI (Reuters) – India’s reputation as a place to do business took another hit after the scandal-tainted government charged top public sector bankers with accepting bribes initially estimated at hundreds of millions of dollars.

The scandal is one of the biggest to taint India, potentially harming the image of Asia’s third-largest economy as destination for foreign investors, especially as it comes a few days after Prime Minister Manmohan Singh has had to defend his government in another graft scandal involving telecoms licences sold at rock-bottom prices. …

Read more : Reuters