Tag Archives: Scam

Malik Riaz ‘nabbed’ ? Dream Island crashes-X

zardari saleBy Amir Mateen

The good news is that the NAB finally woke up to stop Port Qasim Authority from giving further concessions to Malik Riaz of Bahria Town to build, if at all he plans to do that, the alleged Island City, 3.5 km off the Karachi coast.

Of course, Malik will continue to publish ads showing fabulous pictures of Dubai’s man-made islands besides announcements about building the world’s biggest Mall and the tallest building. No explanation is given about the equity; who will put in how much money and how. And this is about a whopping sum of $ 45 billion. But Malik Riaz keeps changing his figures as pennies in his pocket. After the Abu Dhabi Group backed out, Malik Riaz brought the figure down to Rs 15 billion investment through a news report from his ‘chosen’ editor and newspaper.

The figure was ballooned to $ 15 billion in six hours and then to $ 20 within 24 hours–interestingly propagated by the same media groups. Bahria rose the figure back to its original claim of raising $ 45 billion in its ads published by almost all mainstream newspaper. Only this time there was no name and face of the investor, except the promise that a consortium of Arab and Europeans will descend upon Pakistan soon to pledge the $ 45 billion just because “Bahria commits, Bahria delivers.”

Thousands of cases exist where Bahria has not delivered at all with people running from pillar to post to recover their life-savings– Awami Villas (DHA phase-2 extension), Bahria Town Phase 9, DHA Valley, REHC, just to name a few.

What we have on the table is the grand arrival of controversial US investor, Thomas Kramer, whose net worth is $ 90 million. How will he bring in the promised money is yet to be seen. Malik Riaz shows a loss of Rs 107 million in his personal income declaration for the last three years (2010-12). He owes another Rs 107 billion in taxes as documented by the Federal Tax Ombudsman (FTO) and much more to investors whom he is yet to ‘deliver’ despite taking billions in advance illegally. Yet he keeps buying jet planes, the latest being a $ 20 million worth hawker Beech craft that he bought last month, perhaps to facilitate the electoral candidates that he is supposed to ‘deliver’ from every political party. The likelihood is that he may not declare this as he has not declared the Rs 850 million that he declared on TV to have spent on Shahbaz Sharif’s Ashiana Scheme or the Rs 2 billion that he claims to spend on feeding people.

So the only concrete thing on ground is the dubiously acquired State land for which he invites investors.

The NAB, we are told, took notice of complaints under the Prevention of Corruption Initiatives regarding the award of contract by the PQA. This was done after several complaints from Transparency International, consumer watchdogs and nationalists. The Sindh Assembly opposition lodged explosive protest against the sale of the ‘motherland.’ It got provoked because nobody consulted the Assembly about giving the project, which, among other things, entails building the world’s tallest building on its soil. Sindhi nationalists got incensed over Prime Minister Pervaiz Ashraf receiving the US tycoon who is accused of rape, child-molestation and many other traits that he shares with his hosts here.

He was also received by the MQM contingent including Governor Ishratul Ibad, who went a step forward by offering him 4500 acres over and above the 1200 acres ‘delivered’ by the PQA. Malik seems everybody in his pocket. Who else can bring an alleged rapist and make the high and the mighty of this land receive him without any notice. “What is going on here?,” asked Sindhi activist Zulfiqar Halipoto who led a protest rally in Islamabad. A placard in the rally asked: “How stupid can we become?”

Endlessly, we think. The NAB surprised everybody by advising “the PQA not to sign any concession agreement in violation of RFP, government rules and regulations.” It bragged that it has made mandatory for the PQA to get the contract vetted by a panel of experts also “give a presentation regarding compliance of all terms and conditions of agreement by the Bahria Town.”

The bad news is that nobody trusts the NAB, which is accused as “Bahria’s laundry shop” where they like to take their difficult cases to get a tag of piety. NAB Chairman Fasih Bokhari had his daughter working for Bahria Town earlier. Bokhari, who served in Pakistan Navy when Bahria was in partnership with it, was accused of having clandestine arrangements with Malik Riaz in a court of law. Many think that the NAB shows the interest to take the charge and give a clean chit t Malik Riaz. Only in movies, you might say.

Interestingly, Malik Riaz identifies himself with movie characters. His web site actually shows a long note in his own writing comparing his life with the hero of Bollywoods movie Guru (Abhishek Bachan). He writes, the chapter is titled “Guru or king-maker,” that as Guru he also grew against all odds. He particularly mentions the climax, where Guru thunders before an inquiry board that “I tried to play it straight but I was obstructed because nothing happened without bribery and corruption.” He goes on to describe that, as Guru, Malik Riaz also had to “open the doors” whatever it took from ‘sifarish’ to bribery to violence. In the process, he says, he made himself rich and everybody else. The crux is that, as Guru, that the ordinary courts could not judge him as it is for the people to decide.

Continue reading Malik Riaz ‘nabbed’ ? Dream Island crashes-X

India – Judge and his son arrest in bail ‘sale’

Suspended judge, 2 State MLAs face arrest in bail ‘sale’

Hyderabad, June 9, 2012, DHNS:

Anti-Corruption Bureau files FIRs

Suspended CBI special court judge Pattabhirama Rao and two Karnataka legislators Gali Somasekhara Reddy and T H Suresh Babu are facing arrest in the sensational cash-for-bail scam as the Anti-Corruption Bureau (ACB) in Andhra Pradesh filed FIRs against them on Saturday.

FIRs were also filed against five accomplices of the suspended judge, including his son. The ACB found prima facie evidence against the suspended judge and the two legislators in the case. Around Rs 10 crore crossed borders from Karnataka to Andhra Pradesh to bribe the judge, who granted conditional bail to Janardhana Reddy, currently jailed in Bangalore.

The case was handed over to ACB by the Andhra Pradesh High Court on Friday.

Janardhana Reddy’s brother Somasekhara Reddy (Bellary City MLA) and Suresh Babu (Kampli MLA) face arrest as bribe givers – for striking the deal and making a payment of Rs 10 crore to the judge.

Recently, on June 2, the cash-for-bail scam broke out when the then Chief Justice of Andhra Pradesh High Court Madan B Lokur suspended Pattabhirama Rao on charges of accepting bribe last year in exchange for granting bail to former Karnataka minister Gali Janardhana Reddy and three others involved in illegal mining.

The five accomplices of the suspended judge booked on Saturday are: the judge’s son, Ravichandra, retired sessions court judges T Chalapathi Rao, his son Balaji, rowdy sheeter Yadagiri Rao of Nacharam in Hyderabad and a junior lawyer Dasaradharami Reddy.

All 8 people have been charged under provisions of the Prevention of Corruption Act 13(1) and (2) besides 120(b), 420 and 417 of the Indian Penal Code. The arrests of the prime accused and their accomplices are likely to be made soon, said the police. ….

Read more » Decan Herald

http://www.deccanherald.com/content/255706/cash-bail-suspended-judge-2.html

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More details » BBC urdu

Mother of all scams? Will justice be done by the Supreme court that called itself “Aazad Adliya”!?

Mother of all cases?

A testimony of the slim, short, veteran businessman-cum-banker, Yunus Habib, may come in handy when the Supreme Court starts hearing the almost decade-old petition of Air Marshal Asghar Khan on Feb 29, 2012. Habib hit the headlines in the 1990s for his key role in the release of Rs14 million (or maybe more) from his own Mehran Bank to defeat the Benazir Bhutto’s PPP in the next elections.

The affidavit submitted by the then ISI chief, Lt. Gen. Asad Durrani, is the first ever confession by any official of Pakistan’s premier intelligence agency of the role it played in pre-poll rigging and its direct involvement in political matters. But there is much more to it and all facts must come to the surface.

Though there was an unusual delay in the case being taken up for hearing, one hopes it will proceed as fast as other petitions like the ones dealing with NRO, NICL, the infamous Memo Case or the Haj scam.

Continue reading Mother of all scams? Will justice be done by the Supreme court that called itself “Aazad Adliya”!?

One ship, three ministers, a dirty fight!

ISLAMABAD: (21 May, 2009) A multi-million dollar impending purchase of an old ship purportedly at an “inflated price of millions” for the Ministry of Science and Technology created ugly scenes in the federal cabinet meeting on Wednesday when three ministers blamed one another for the scam.

High-profile sources confirmed to our sources that Minister for Science and Technology Azam Swati and Minister for Ports and Shipping Babar Ghauri accused Deputy Chairman Planning Commission Sardar Assef Ahmed Ali of pressurising them to buy an old ship at an inflated price of millions, which otherwise was available at a much cheaper price. Swati and Ghauri blasted Sardar Assef in his absence in the meeting. Prime Minister Gilani has now summoned the deputy chairman to explain his position about the alleged scam that jolted the cabinet.

Talking to our sources, Sardar Assef Ahmed Ali strongly rejected allegations levelled against him in the federal cabinet meeting. The details, which he shared with this correspondent, give a totally new picture to the subject. He lambasted Azam Swati for pointing finger at him, arguing how he could be singled out in the matter that had nothing to do with him or his Planning Division. ….

Read more » Pak Tribune

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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First time in the democratic history of Pakistan – Public Accounts Committee calls for report against three retired generals

PAC calls for report against three retired generals

By Kalbe Ali

ISLAMABAD: For the first time in the country’s democratic history, the Public Accounts Committee of the National Assembly has directed the defence ministry and the GHQ to submit a report on corruption charges against three retired generals.

The generals were allegedly involved in misadventures in the stock exchange which caused a loss of about Rs2 billion to the National Logistics Cell (NLC).

A meeting of the PAC held here on Saturday also took notice of the killing by Rangers personnel of an unarmed youth in Karachi and officials of the interior ministry informed the committee that activities of Rangers were being monitored.

The meeting, presided over by Chaudhry Nisar Ali Khan of the PML-N, asked the defence ministry to submit the report on NLC scam to the PAC Secretariat by June 30.

Saeed Zafar, a member of the PAC, said the committee had been waiting for the past seven months, but the GHQ was to submit its report on the scam to the committee.

The defence ministry officials said the GHQ had already completed its inquiry into the scam and would soon forward a report to the ministry.

“The three retired army general and a bureaucrat need to be brought to justice,” Chaudhry Nisar said, adding: “I have also told the army chief that the inquiry has to be in light of three audit reports already conducted into the NLC affairs.”

The NLC is a subsidiary of the Planning Commission but has traditionally been dominated by the army. It is being headed by a serving major general and various army officers are working as his subordinates.

According to an audit report, the NLC management had obtained illegal and unauthorised loans of Rs4.3 billion between 2004 and 2008 for investment in the volatile stock market and suffered a loss of Rs1.84.

The PAC chairman told the defence ministry officials that obtaining the report from the GHQ would not be a problem. “Gen Ashfaq Kayani has already assured me,” he said.

At an earlier meeting of the committee, NLC Director General Maj-Gen Junaid Rehmat had said the NLC was paying Rs2.7 million per day as mark-up on the loans illegally obtained for investment in the stock market.

SC BUDGET AUDIT: The PAC was informed by its secretariat that it had written to the Supreme Court chief justice a letter complaining that despite repeated requests the court registrar was not appearing before the committee to inform it about the audit of SC budget.

The PAC has been asking the Supreme Court to get its audit done as per regulations. ….

Read more: → DAWN.COM

India : General convicted

India army court convicts general over Sukhna land scam

An army court in India has found a senior officer guilty of involvement in an illegal land deal, officials say. Lt Gen PK Rath is the highest ranking serving officer ever to be convicted in a court martial in India. The court found him guilty on three counts but cleared him on four others. Sentencing is due on Sunday. …

Read more : BBC

Army Chief appears before Public Accounts Committee

PAC meet on canteen scam ends inconclusively

The Public Accounts Committee (PAC) meet on the canteen scam ends inconclusively. The army and the air force have divergent views from that of CAG and the PAC. PAC would hold further meetings to reconcile this.

It’s the first instance of its kin, serving chiefs have been asked to appear before PAC in connection with Canteen scam.

Army Chief General V K Singh, air chief V K Naik and naval vice chief D K Dewan met the PAC headed by senior BJP leader Murli Manohar Joshi and with other MPs. The hearing is in connection with the alleged irregularities in the canteen stores supplies. The PAC meet was called after the CAG report pointed out irregularities in the supply chain management of rations by CSD.

General VK Singh, Army Chief, said, “I am happy to be at meeting. We made a presention on the issues raised by MPs on rations issued to soldiers.” …

Read more : The Times of India

Biggest Scam In World History Exposed!

The Wall Street Pentagon Papers: Biggest Scam In World History Exposed – Are The Federal Reserve’s Crimes Too Big To Comprehend?

By David DeGraw, AmpedStatus

What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.

I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.

Read more : Ampedstatus

India : NDA to hold nationwide rallies against corruption

NEW DELHI: The UPA-opposition confrontation over the latter’s demand for a parliamentary probe into the spectrum scam will now spill over to the streets, with the BJP-led NDA on Tuesday announcing plans for nation-wide rallies on the issue of massive corruption in 2G spectrum and other scams.

The opposition attempt is to ensure that the issue remains alive in the three months before Parliament reassembles for the budget session. BJP veteran L K Advani made it clear that NDA would not relent on its demand for JPC probe, saying that the attempt should be to get to the money trail rather than just sack some ministers.

Continue reading India : NDA to hold nationwide rallies against corruption

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

>> Link

PAC Chairman Nisar Ali Khan sitting on inquiry report against the four generals for six months

Luxury cars rendering ‘defense services’

NLC bigwigs imported seven Land Cruisers twisting rules. PAC Chairman Nisar Ali Khan sitting on inquiry report against the four generals for six months

The NLC bosses are already facing Rs 4 billion mega financial scam.

by Rauf Klasra

View Point Online

ISLAMABAD: Top guns at GHQ-run National Logistic Cell (NLC) have been caught committing a fraud costing the Government of Pakistan and country’s taxpayers millions of rupees. Quietly under the pretext of ‘‘Defense Services,” some NLC bigwigs imported seven duty-free luxury 3000cc Toyota Land Cruisers worth over Rs10 million. These vehicles were imported for personal use in Islamabad and Rawalpindi. However, even when caught red handed, all powerful military elite involved in the scam has been let off the hook.

Continue reading PAC Chairman Nisar Ali Khan sitting on inquiry report against the four generals for six months