Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
These charges were peanuts when viewed in the background of charges of<br />
corruption flying agaist the rulers and former rulers today. A chronology of the<br />
charges of corruption agaist former and present prime minister gives a measure<br />
of progress that <strong>Pakistan</strong> has made between 1990-97, in respect of corruption<br />
and plunder.<br />
First Benazir govt was dismissed on August 5, 1990, replaced by a caretaker<br />
govt headed by Ghulam Mustatfa Jatoi in which Kamal Azfar was Planning<br />
Minister and Zahid Sarfraz, Interior Minister. Like a ritual, the two ministers daily<br />
told tales of " royal couple's " corruption over television.<br />
In the last chapter we have already discussed a press conference by the federal<br />
Interior Minister, Zahid Sarfraz, at which he distributed documents showing that<br />
Asif Zardari, Hakim Ali Zardari and three other members of the family had<br />
submitted forged documents to borrow Rs 40,000 from the Agricultural<br />
Development Bank. In less than a decade and half this borrower of Rs 8,000<br />
from ADBP was to emerge as one the richest man in <strong>Pakistan</strong>.<br />
Four references were filed against Benazir Bhutto, three against Asif Zardari and<br />
one against Hakim Ali Zardari. These included:<br />
Illegal allotment of Lakeview Hotel to a front man of Asif Ali Zardari.<br />
Illegal and irregular allotment of LPG<br />
Undue pressure on Habib Bank to sanction a loan for duty free<br />
shops to Fauzi Kazim.<br />
Award of contract for export of cotton at reduced prices to Releigh<br />
Brothers.<br />
Three references were filed against Asif Zardari for<br />
Use of pressure on Habib Bank Ltd to sanction Rs 70 crore ( 700<br />
million) loan for Fine English Hotel and White and White Hotel<br />
Putting pressure on United Bank Ltd to sanction Rs 7 crore ( 70<br />
million) loan to one Ghulam Mustafa Memon<br />
Putting pressure on Habib Bank for award of loan to Fauzi Ali<br />
Kazim who was reported to have stated in an affidavit that Zardari<br />
was holding 49% equity in the project.<br />
A reference was filed against Hakim Ali Zardari alleging that he had received Rs<br />
24 lakh from <strong>Pakistan</strong> State Oil (PSO) for renting out 1000 yards of land that did<br />
not belong to him.<br />
131