Who Owns Pakistan - Yimg

Some of the known units of Saifullah's are Kohat Textile Mills, Frontier Textile
Mills,Saif Textile Mills, Bannu Flour Mills, Nasa Construction, Saif Beverages,
Saif International Combine, K K A Co (pvt) Ltd, Sarhad Pre-stressed Concrete,
ASTRA Ltd, Pakistan Mobile Corp and K A K Investment (pvt) Ltd.
The biggest proliferation of politicians has taken place in the setting up of sugar
mills. During first Benazir govt, Zardari was accused of setting up sugar mills
through front men and when Nawaz Sharif was in power, he was accused of
using political muscles to get loans and business for Ittefaq Foudary
manufacturing sugar plants.
Apart from Ittefaq, chaudries, Zardari and Hamayun Akhtar Abdul Rehman,
several other politicians like Jam Mashooq Ali (Thar Sugar Mills), Manzoor Watto
(Sutlej Sugar Mills), Naseerullah Dareshak (Indus Sugar Mills), Pir Pagara (Kingri
Sugar Mills) and Islam uddin Sheikh have secured loans for sugar projects and
almost all of them were in default.
Politics and Corruption
Governments have been trying to fight corruption in Pakistan since the 1960s
when a special committee for eradication of corruption from services headed by
S Fida Hassan was formed. It observed in its report that corruption was on the
rise because of the following reasons.
" The causes of corruption are said to be a general decline in the moral values.
Official procedures are so outmoded and cumbersome that at every stage, it is
possible for a corrupt functionary to impede the progress of a case". It noted and
added that " corruption was one of the main corroding factors which ultimately
brought about the decline and fall of the Roman Empire and many centuries later
that of Ottoman Empire", because it affets the economy and efficiency of the
body politics of the country.
Two decades later, American Management magazine CEO defined corruption in
Pakistan as " the extent to which getting ahead economically depends on having
and greasing the right hands in the govt, and conversely, the extent to which
officials use their office to make money; also the vulnerability of the average
citizen to extortion by police and bureaucrats".
Corruption was a factor common in the dismissal orders of the thee governments
since 1990.
On August 5, 1990, when Benazir govt was dismissed , President Ghulam Ishaq
Khan issued a 23-page indictment and alleged that " corruption and nepotism in
the federal governement, its functionaries, authorities and agencies, statutory
and other corporations including banks working under its supervision and
controls and holders of public representatives had reached such proportions that
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