Tag Archives: Fraud

Turing Pharma CEO Martin Shkreli defrauded investors with ‘a web of lies,’ prosecutor says

Drug company executive was vilified for dramatically boosting drug prices

By CBC News

Pharmaceutical entrepreneur Martin Shkreli, vilified for buying up drug companies and then dramatically boosting the prices of some medications, has been charged by the FBI with securities fraud related to his former hedge fund and a drug company he once ran.

Shkreli, 32, currently the CEO of Turing Pharmaceuticals, was taken into custody at his New York City home Thursday.

Read more » CBC
See more » http://www.cbc.ca/news/business/martin-shkreli-arrest-fbi-1.3369271

 

Investigators says senior Mossad official be charged with fraud

Israeli police investigators have recommended an indictment should be issued against a senior Mossad official for crimes involving financial misconduct.

The investigators recommended Israel’s top prosecutor two months ago to charge the official, who is said to be a department head in the spy agency.

The media were, however, prevented from reporting on the story until the gag was removed on Sunday, while the nature of the official’s irregularities remains unclear.

The official, who has been forced to take a leave of absence, has reportedly denied any wrongdoing. But sources said he would likely not be reinstated following the investigation findings and will have to retire.

The accused is closely affiliated with Mossad chief Tamir Pardo, who appointed him to his senior position last year.

“The investigation deals with events that allegedly took place between 2009 and the middle of 2011,” read statement issued by the prime minister’s office.

Read more » Press Tv

http://www.presstv.ir/detail/253704.html

Via – Twitter

Tycoon, former envoy at centre of new Pakistan turmoil

By Qasim Nauman

ISLAMABAD – (Reuters) – A Pakistani real estate tycoon on Tuesday accused the chief justice of turning a blind eye to his son’s alleged corrupt financial practices, in a scandal that could damage one of the few public figures willing to take on the powerful military.

Malik Riaz, who fashions himself as a billionaire philanthropist, said he had given almost $3.6 million in bribes to Arsalan Iftikhar, son of Chief Justice Iftikhar Chaudhry.

Continue reading Tycoon, former envoy at centre of new Pakistan turmoil

Imran Khan: Conscious fraud or deluded tool? or both?

Saroop Ijaz on Imran Khan

By Omar Ali

Saroop Ijaz asks the question and votes for “lies”.

I disagree, I think he is not consciously lying. I think he is genuinely deluded..at some level, he really believes his theories…maybe he knows he is exaggerating when he says “I will finish corruption in 19 days”, but I suspect he really does think corruption is something that can be finished once he becomes ameer ul momineen and applies the philosophy of Allama Iqbal and the glorious system of the Khulafa e Rashideen.. One must not underestimate the effect of Pak Studies and Allama Iqbal on a truly determined person…

If he is lying, then he may be thinking he has to say ridiculous things and repeat mindless notions of Allama Iqbal and his glorious philosophy in order to become prime minister and then gradually fix the system using more practical means….a sort of “noble lie”. I am afraid I remain pessimistic because I have a hard time imagining that he is just faking all the “golden age of Islam and Allama Iqbal” stuff. Somehow, I find that hard to believe… But I will be happy to be proven wrong….

Read more » Brown Pundits

via- Twitter

Mansoor Ijaz ordered to pay $1.4m to bank in fraud case

NEW YORK: The credibility of Mansoor Ijaz, the principal instigator of the memo scandal, came in for another hit with the surfacing of court documents that show a European Bank accusing him of running a one-man business operation and obtaining loans that he was later unable to pay back on time.

Documents show that the Supreme Court of the State of New York Judge Charles E Ramos issued a judgement against Mansoor Ijaz on September 25, 2010, after Banca Sammarinese di Investimento (BSI) of San Marino filed a suit for the recovery of a loan obtained by Ijaz.

The suggestions of financial impropriety follow the emergence last month of a video in which Mansoor Ijaz acted as a commentator on nude women’s wrestling. These scandals are in addition to his contradictory claims about the memo and his inability to produce any email or BBM message that directly links any Pakistani official to the memo he admits to have drafted and sent to US officials on May 9, 2011. ….

Read more » Daily Times

BAAGHI: Where is judicial independence, my lords? – By Marvi Sirmed

The memo case is a classic example of not only how basic principles of the independence of the judiciary have been violated, but also, how the international guarantees of human rights have been torn apart

The apex court’s short judgement in the memo case last Friday left many stunned and shocked. The petitioners could neither prove any violation of fundamental rights under Article 184(3), as their petition claimed, nor could they prove former ambassador Husain Haqqani’s alleged role in the memo. Nonetheless, they were given what they wanted: an inquiry commission without due process of law, and putting Mr Haqqani on notice not to leave the country without the court’s permission.

Continue reading BAAGHI: Where is judicial independence, my lords? – By Marvi Sirmed

Watch – Asma Jehangir speaks courage, clarity and truth on Dawn News Tv in her interview

ASMA JEHANGIR, Pakistan’s leading lawyer, former President Supreme Court Bar Association of Pakistan and former United Nations Special Rapporteur on Freedom of Religion says she did not trust the commission formed by the Supreme Court to investigate the memo-scandal, alleging that the Supreme Court judges were under the [military] establishment’s influence. She says, ISI fear forced former Ambassador Husain Haqqani to stay at PM House. She said Supreme Court’s job to support citizens, uphold Constitution & fundamental rights not “national security”. The language of the interview is urdu (Hindi).

Courtesy » Dawn News Tv (Memo Gate [Asma Jahangir Exclusive Interview withMatiullah Jan] 1st Jan 2012 – p4)

via » ZemTv » YouTube

TO WATCH OTHER PARTS OF THE INTERVIEW: CLICK HERE

Asma refuses to continue as Haqqani’s lawyer

ISLAMABAD: Renowned lawyer Asma Jahangir on Sunday refused to continue as former Ambassador to the US Hussain Haqqani’s counsel in the memogate case, DawnNews reported.

Asma Jahangir said that she did not trust the commission formed by the Supreme Court to investigate the memo-scandal, alleging that the Supreme Court judges were under the establishment’s influence.

Asma also told DawnNews in an exclusive interview that Hussain Haqqani feared the powerful spy agencies may force him into giving a statement. This fear was the reason behind the former ambassador’s stay at the prime minister’s house, she said.

Moreover, she said that the Supreme Court’s decision on the memogate petition was a victory for the country’s establishment. The law was being used to transform the country into a ‘security state’, she said.

Courtesy: DAWN.COM

MQM moved Rs. 20 Billion to UK : Abid Sher Ali

Abid sher Ali showed documents on “off the Record with Kashif Abbasi” 13/10/2011 that MQM transfered Rs20 Billion to the UK stolen from the funds. He said he is going to register a case in NAB as soon as NAB Chairman is appointed and NAB start to function again.

He also accused MQM to provide accountability of Rs 3 trillion Musharraf gave to MQM during his period for the uplift and development of Karachi. This is a serious amount of money. No wonder the first two conditions MQM placed to the Government when the re-join are:

1- Implementation of Nazim system in Karachi and Hyderabad.

2- No Audit of the Funds given in the past. ….

Courtesy: ARY News Tv (Off The Record with Kashif Abbasi, 13th October 2011)

Via » Siasat.pkYouTube

Source → http://www.siasat.pk/forum/showthread.php?84020-MQM-moved-Rs.-20-Billion-to-UK-Abid-Ali-Sher

PML-N Workers attacked police station & Anjum Aqeel, an accused of corruption scandal escaped from police custody

PML-N lawmaker escapes from police custody

ISLAMABAD: Anjum Aqeel Khan, a PML-N lawmaker, escaped from police custody on Friday evening with the help of his supporters.

Earlier in the day he was arrested by Islamabad Police for his alleged involvement in a fraud case.

According to a report, armed workers of the PML-N attacked and resorted to aerial firing at the Shalimar Police Station, where the accused was under detention at that time.

Interior Minister Rehman Malik took notice of the incident and has asked for a report within 24 hours.

He also ordered the IG Islamabad Police to arrest Aqeel and others involved in the incident.

The IG police said that seven suspects have been arrested and search operation was under way for further arrests.

PML-N spokesman Ahsan Iqbal said that the party could take action against Aqeel after investigating the incident. He urged Aqeel to hand himself over to the police.

“No one should be allowed to take the law into their own hands,” he added.

Courtesy: → DAWN.COM → For More details → BBC urdu

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YouTube

Grand Alliance is a fraud, says Imran Khan

LAHORE: The Chairman of Pakistan Tehrik-e-Insaf (PTI) Imran Khan has said that opposition parties’ Grand Alliance is a fraud, SAMAA reported on Friday.

Imran Khan said while talking to the media in Lahore today that Nawaz Sharif cheated him twice in the past but now he will not allow it third time. …

Read more → SAMAA TV NEWS

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Faisal Subzwari (MQM) Talking about Nawaz Sharif (PML – N)

Courtesy: Samaa Tv  (News Beat with Meher Bokhari) → YouTube

The sham operation in Kurram – Dr Mohammad Taqi

A side benefit of the chaos created in the Kurram Agency is that it would be a lot easier to hide the jihadists in the midst of the internally displaced people, making the thugs a difficult target for precision drone attacks

On July 4, 2011, the Pakistan Army announced that it has launched an operation in the Central Kurram Agency with the primary objective of clearing the ‘miscreants’ and opening of the Peshawar-Thall-Parachinar Road (why Tal has become Thall in the English press beats me). The geographical scope of the operation is rather circumscribed, if the army communiqués are to be believed, and its focus, ostensibly, would be on the Zaimusht, Masozai and Alizai areas. But speaking to the Kurramis from Lower, Central and Upper Kurram, one gets a different sense.

At least one General has reportedly been heard saying during the recent operational meetings leading up to the military action that he intends to teach the Turis (in Upper Kurram) a lesson that they would never forget. The Corps Commander’s communication delivered to the tribal elders of the Upper Kurram literally ordered them to acquiesce in and sign on to the operation. But quite significantly, many other leaders among the Turis, Bangash and Syeds of Upper Kurram have vehemently opposed the military action as well as their own elders who seem to have caved in under duress.

The Turis and Bangash tribesmen are of the opinion that on the Thall-Parachinar Road, the only extortionists bigger than the Tehrik-i-Taliban Pakistan (TTP) are the officers of the army — and they specifically name two colonels — who have made life miserable for the people of Parachinar. These security officials levy protection money even on the supply of daily provisions and medicine to Upper Kurram, resulting in jacked-up prices and in many instances unavailability of life-saving drugs, resulting in deaths that otherwise could be preventable.

The more ominous and geo-strategically important aspects of the current army operation are twofold and are interconnected. We have noted in these pages several times that the Pakistan Army has no problem securing Central and parts of Lower Kurram for its jihadist asset, i.e. the Haqqani terrorist network, who have essentially had a free reign in this region for almost a decade using the Sateen, Shasho and Pir Qayyum camps. The army has also helped the Haqqani and Hekmatyar groups set up humungous compounds on the Durand Line such as the Spina Shaga complex.

The problem the security establishment has faced is to secure a thoroughfare between Central Kurram and the assorted jihadist bridgeheads along the Kurram-Afghanistan border, including but not limited to the Parrot’s Beak region. The key hindrance to such movement is the resistance by the Turi and Bangash tribesmen, which neither the security establishment nor its jihadist proxies have been able to neutralise, coerce or buy off. Projecting the Haqqani network and Hekmatyar’s operatives into Afghanistan from Tari Mangal, Mata Sangar, Makhrani, Wacha Darra and Spina Shaga and other bases on the border is a pivotal component of the Pakistani strategy to keep the US bogged down in Afghanistan and for the post-US withdrawal phase. But with the recent wave of drone attacks on the hideouts of these groups, their vulnerability to the US/ISAF — buoyed by the OBL raid — has also become evident and hence the need for secure routes to retract the jihadists back when needed.

Several attacks on the Turi and Bangash, including by Pakistan Army helicopter gunships last year killing several Pakistanis, have not dented the resolve of the locals to fight back against the jihadists. I had noted in these pages then: “The Taliban onslaught on the Shalozan area of Kurram, northeast of Mata Sangar, in September 2010 was part of this tactical rearrangement [to relocate the Haqqanis to Kurram]. When the local population reversed the Taliban gains in the battle for the village Khaiwas, the army’s gunships swooped down on them to protect its jihadist partners” (‘Kurram: the forsaken FATA’, Daily Times, November 4, 2010).

The option that the army wants to exercise now is to disarm the Upper Kurram’s tribesmen, especially the Turis. The security establishment has told them that they will have to surrender their “qawmi wasla” (an arms cache that belongs to a tribe as a whole). To disarm and thus defang the tribesmen, who have held their own against the disproportionately stronger and state-sponsored enemy for almost half a decade, is essentially pronouncing their death sentence.

Without their weapons, the Turis and Bangash will be at the whim of an army that had literally abandoned Muhammad Afzal Khan Lala and Pir Samiullah in Swat and the Adeyzai lashkar (outside Peshawar). Afzal Khan Lala lost several loyalists and family members and Pir Samiullah was murdered, his body buried but later exhumed and mutilated by the Taliban, while the army stood by and did nothing. My co-columnist and researcher, Ms Farhat Taj has highlighted the plight of the Adeyzai lashkar several times in these pages, including the fact that it was left high and dry by the security establishment against an overwhelming Taliban force. And lest we forget, it was this same army that made Mian Iftikhar Hussain and Afrasiab Khattak of the Awami National Party (ANP) negotiate with Mullah Fazlullah’s Taliban, with suicide bombers standing guard on each men and blocking the door along with muzzles of automatic rifles pointed into their faces.

A side benefit of the chaos created in the Kurram Agency is that it would be a lot easier to hide the jihadists in the midst of the internally displaced people (IDPs), making the thugs a difficult target for precision drone attacks. Also, the establishment’s focus has been to ‘reorient’ the TTP completely towards Afghanistan. The breaking away from the TTP of the crook from Uchat village, Fazl-e-Saeed Zaimusht (who now interestingly writes Haqqani after his name) is the first step in the establishment’s attempt to regain full control over all its jihadist proxies.

The offensive in Central Kurram is not intended for securing the road; it will be broadened to include the Upper Kurram in due course, in an attempt to bring the Turis and Bangash to their knees. After their arms have been confiscated, it could be a turkey shoot for the jihadists and Darfur for the Kurramis. It is doubtful though that the common Turi or Bangash tribesman is about to listen to some elder who is beholden to the establishment, and surrender the only protection that they have had. The Pakistan Army’s track record of protecting jihadists and shoving the anti-Taliban forces off the deep end speaks for itself.

Pakistan’s security establishment can perpetuate on the US and the world a fraud like the hashtag de-radicalisation on Twitter and buzzwords like de-programming suicide bombers by trotting out the so-called intelligentsia whose understanding of the Pashtun issues is woefully flawed. But it is unlikely that Kurramis are about to fall for this sham of an operation that paves the way for their genocide.

Courtesy: → Daily Times

Pakistan: Over 37 million ‘dubious’ voters found in electoral lists !

Mubashir Luqman is exposing bogus voting in electoral system of Pakistan. That’s why the same ruling elite is re-elected every time. Actually these are Bogus votes but they call it “Sola/ Satra Crore Awaam ka Mandate”.

Courtesy: Dunya TV News (Kharri Baat with Luqman ke Saath – 9th March 2011 – guests Shaikh Rasheed & Imran Khan)

via – ZemTVYou Tube

Pity Pakistan is close to imploding?

Jesters and destinies —Mir Mohammad Ali Talpur

Whenever armies become unanswerable to the state and become a ‘deep state’, the irreversible rot sets in and results in the disintegration of the state they are supposedly safeguarding and protecting.

In his book, The History of the Decline and Fall of the Roman Empire, Edward Gibbon (1737-1794) tells about a Roman emperor who, angered by the actions of his favourite jester, orders that he be put to death. The jester, hearing this, mournfully shakes his head and says that a wish of his would remain unfulfilled. Inquisitive, the emperor inquires and after some persuasion the jester tells that he has the knowledge and the ability to teach the emperor’s favourite black stallion to speak.

The emperor asks how long would it take and is told a year is enough. The death sentence is temporarily waived and the condemned jester allowed to fulfil his promise. The jester’s well-wishers tell him that he has committed a great folly as there was no way that he could make the stallion speak. He replies, “There is a possibility that in the intervening time I may die a natural death or maybe even the emperor could die and I would be free. Moreover, a year is long enough a period; who knows, the black stallion may learn to speak.”

Sixty-three years are a long enough period to change destinies but it seems the jesters here who took up the task were incompetent, corrupt and dishonest to the core, whose concept of a tryst with destiny remained limited to accumulating power and pelf for their dynasties. They neither had compassion for the people nor the wisdom to understand that they were establishing the groundwork for the eventual catastrophe. They felt if they could muster the support of their various masters and mentors for undisputed authority and power to rule, then for all intents and purposes the masses and their problems were irrelevant. They simply ensured by deceit and fraud that loans would continue to pour in to make their lives luxurious even if that meant burdening the people with irredeemable debts. These jesters have brought this place to this pass and the only route open is the way down. …

Read more : Daily Times

Pakistan : Rs220 billion custom fraud

Rs220b embezzlement unearthed in NATO containers transport

Dunya News unearthed country’s biggest custom embezzlement on Monday. According to the documents received by Dunya News, a Rs 220billion irregularities have been unearthed in the transportation of legal and illegal stuff to Afghanistan for ISAF forces.

Read more >>- DunyaNews

A military coup in Pakistan?

Restive generals represent the backers of the Taliban and al-Qaeda – bad news for the war next door.

by: Tarek Fatah

Courtesy:  Globe and Mail

A military coup is unfolding in Pakistan, but, this time, there is no rumbling of tanks on the streets of Islamabad. Instead, it seems the military is using a new strategy for regime change in Pakistan, one that will have adverse consequences for Western troops deployed in Afghanistan.

Continue reading A military coup in Pakistan?