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How Pakistan lost $6 billion on a gold mine

AZ1

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Jul 25, 2017
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There is only one reason behind this....Cheap Justice of Pakistan.......case closed...
But then Justice sahab ko kaun laya tah again
Cheap Media
Cheap Nawaz

Damage has already done to Pakistan in so many ways now we only have to suffer years to come.
 

El Sidd

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But then Justice sahab ko kaun laya tah again
Cheap Media
Cheap Nawaz

Damage has already done to Pakistan in so many ways now we only have to suffer years to come.
blame the law not the judge
 

El Sidd

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So Nawaz did a deal without knowing the law?
Not all deals done are meant to go through.

Its like gambling.

The other side wanted to exploit Pakistan more than Nawaz could ever imagine, Pakistan had to cut her losses.

Stop whining and just make do
 

AZ1

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Not all deals done are meant to go through.

Its like gambling.

The other side wanted to exploit Pakistan more than Nawaz could ever imagine, Pakistan had to cut her losses.

Stop whining and just make do
So there shouldn't be thread nawaz kakay ne inni choti si mistake kardi ke itni bari deal karney se pehley law check nahi kara gambling hogai si ji lol.
 

El Sidd

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So there shouldn't be thread nawaz kakay ne inni choti si mistake kardi ke itni bari deal karney se pehley law check nahi kara gambling hogai si ji lol.
There are ample provisions in the Pakistani law to hold him accountable for his part in the issue.

Unless you want me to believe Nawaz is some superhuman who did all evil and cannot be made accountable.
 

Itachi

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Aug 27, 2013
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Why are you pinning your hope on Indian temples, Pakistan government needs to settle the issue immediately to avoid any repeat of PIA plane like situation.
I'm not. That's just the cherry on top. 😉
 

TNT

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Haha see this is ur real face u cry all day long here and blame IK. Life mei tumhare jo kuch ghalat horaha hoga IK ki waja se horaha hoga. Now cry harder.

Ab hawa kharab horahi pehlay shair aya ka nara laga do aik
I knew ur brainless blind goat just like patwaris are blind goats of baji and so are jiyalas and others. To two braincelled specie like u, everything is black or white, but reality is not like that. Kindly dont quote me and waste my time again. Life must be so easy for u, enjoy while it lasts.
 

El Sidd

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I knew ur brainless blind goat just like patwaris are blind goats of baji and so are jiyalas and others. To two braincelled specie like u, everything is black or white, but reality is not like that. Kindly dont quote me and waste my time again. Life must be so easy for u, enjoy while it lasts.
Stop bullying Karachites. They got no other option and must support the federation.

Where in the blue hell does the 18th amendment fit in here?
 

AZ1

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Jul 25, 2017
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I knew ur brainless blind goat just like patwaris are blind goats of baji and so are jiyalas and others. To two braincelled specie like u, everything is black or white, but reality is not like that. Kindly dont quote me and waste my time again. Life must be so easy for u, enjoy while it lasts.
haha life is easy for me Alhumdulillah and those like you arer suffering because of your past decisions that's why you start crying in every thread against govt no matter what. Get a real job kid and start earning rather than complaining and crying may be your new generation will understand what you failed to do now.
Stop bullying Karachites. They got no other option and must support the federation.

Where in the blue hell does the 18th amendment fit in here?
No karachities are those who earn and then make cities. We already started working on our own to fix our street and other issues with our own money by paying 30,000 to fix the roads water pipeline. That is what Karachities are :).
 

El Sidd

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No karachities are those who earn and then make cities. We already started working on our own to fix our street and other issues with our own money by paying 30,000 to fix the roads water pipeline. That is what Karachities are :).
Standard Jamshed Dasti
 

TNT

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haha life is easy for me Alhumdulillah and those like you arer suffering because of your past decisions that's why you start crying in every thread against govt no matter what. Get a real job kid and start earning rather than complaining and crying may be your new generation will understand what you failed to do now.

No karachities are those who earn and then make cities. We already started working on our own to fix our street and other issues with our own money by paying 30,000 to fix the roads water pipeline. That is what Karachities are :).
Only a retard would assume things about a stranger on the internet and make personal attacks when no substance is left. You want everyone to sing praise? That doesnt happen in democracy old man. You call me a kid while blame me for past decisions? How is a kid supposed to be responsible for past political decisions when he may not even be able to vote? You surely are a retard.
 

Romeoo250

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For nearly 36 years the gadar gangs were in power thay are the actual culprits here PMLN PPP JUIF MUSHARAF and 97% percent of our beurocrats ptwaree who haven't done any thing to stop this traitor need to be punished we need to purge those bastards gadars
 

fallstuff

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Pakistan and World Bank Settlement of Investment Disputes – Do not pay the unfair fine; oppose the unjust decision of ICSID



by Farooq Tariq

22 July 2019
This is a story of the dodgy deal by a multi national company and then earning massive amount of money through the so-called process of Settlement of Investment Disputes, a World Bank institution acting against developing countries.
This is a new way of exploitation of the under developed countries by these foreign investors where corruption is a way of life and lobbying for forcing the government to sign unjust contracts through retired military officers are done in routine. And If you dare to cancel these dodgy deals, then the World Bank comes to rescue you through its various institutions.

Here is some details of this unprecedented fine imposed on Pakistan.

World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has imposed a penalty of $5.976 billion on Pakistan — one of the biggest in its history — for the “unlawful denial of a mining lease” to a company in 2011.

The Tethyan Copper Company (TCC) — a joint venture between Chilean mining company Antofagasta and Canada’s Barrick Gold Corporation — had filed claims for international arbitration in 2012 after the Balochistan government rejected a leasing request from the company for the Reko Diq project had claimed $11.43 billion in damages.

The Chagai Hills Exploration Joint Venture Agreement (Chejva) was signed between the Balochistan Development Authority (BDA) and BHP Minerals, incorporated in Delaware, United States.

The agreement stated that BHP and BDA would form a joint venture for prospecting and exploring gold and copper in Reko Diq. The joint venture was to “apply for up to ten” prospecting licences “covering an area of up to fifty square kilometres in the aggregate” with the provision that it could relinquish the whole or part of this area and apply for licences “over other areas”.

In another major provision of the agreement, BHP and BDA were to make a respective contribution of 75 per cent and 25 per cent to the money required for the project; they would share the revenues also by the same proportion.

However, the agreement was changed again and again in favour of the company after it was signed.

Finally, TCC proposed that only two percent of the total revenue would be given to Balochistan government and rest is for them.

The Supreme Court of Pakistan had in January 2013 declared the Reko Diq agreement void and in conflict with the country’s laws.

The government of Balochistan had in 2011 refused to grant a mining licence to TCC for the Reko Diq gold-cum-copper project.

The Balochistan government alleged that the company had not mentioned anything in its report about the processing of gold and copper, which was the main concern of the Balochistan government.

We demand from the Pakistani government not to pay this unfair fine. Pakistan must use all its sources to launch a campaign against this decision nationally and internationally. This unfair and unjust decision must be opposed on all platforms.

 

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