• Sunday, September 24, 2017

Sharif family ‘transferred funds’ from Multan Metro bus project to China

Discussion in 'Pakistani Siasat' started by Dastaan, Aug 16, 2017.

  1. Dastaan

    Dastaan FULL MEMBER

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    [​IMG]

    ISLAMABAD: The Sharif family has allegedly transferred funds received as kickbacks in the construction of Multan Metro Bus project, ARY News reported on Tuesday. The funds worth $10.75 million were transferred to China. Former Prime Minister Nawaz Sharif had inaugurated the Multan Metro Bus project in January at the cost of over Rs28 billion. It includes 21 bus stations spread over an 18.5km route, which facilitate around 97,000 commuters daily. However, the Chinese Securities and Regulatory Authority (CSRA) launched an investigation into the funds transferred by the Chinese firm working on the project which showed them as profits gained from the project. According to CSRA, the firm YaBait transferred $10.75 million to China, and has sought details from the Securities and Exchange Commission of Pakistan. However, former-SECP chief Zafar Hijazi and advisors Muzaffar Mirza and Khalida Habib reportedly refused to share any information with the CSRA and eventually suppressed the matter. The Chinese firm was allotted the contract to construct the Multan Bus Rapid Transit (BRT) by the Capital Engineering and Construction Ltd, which is not even registered with the SECP and the address provided does not even exist. The funds were transferred from Dubai, Mauritius and other locations. The contractors for the project have refused to have collaborated with any company. Punjab Chief Minister Shahbaz Sharif and PML-N Leader Mushahidullah provided documents to the Chinese firm.

    https://arynews.tv/en/sharif-transferred-funds-multan-metro-scandal/
     
    Last edited: Aug 16, 2017
  2. koolio

    koolio FULL MEMBER

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    Not surprised one bit, but hey baboon league supporters don't understand corruption, as it's fine for them.
     
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  3. El Sidd

    El Sidd SENIOR MEMBER

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    Extradite him to China.
    They have a very lenient stance on corruption.
    Its called Death Penalty.
     
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  4. Saif-ud-Din Qutuz

    Saif-ud-Din Qutuz FULL MEMBER

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    Maar oo ramiyaan. Kappay pay kappa, kappay pay kappa. Rajtay nai hain haraam ki olaadain. Khadam-e-Gandu sharif g qabar main feet hain phir b haraam zadgi nai choorni. Choray b kyun? Haraam ki olaadain aisi hi to hoti hain.
     
  5. Post Colonnial

    Post Colonnial BANNED

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    That treatment is only if the ccp doesn't like you. If you're liked, you actually get to take your money and safeguard it in condo properties in US, UK, CANADA, FEANCE...
     
  6. El Sidd

    El Sidd SENIOR MEMBER

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    Oh noooooooo
     
  7. Post Colonnial

    Post Colonnial BANNED

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    Come on, stop mocking the Chinese
     
  8. El Sidd

    El Sidd SENIOR MEMBER

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    Ok but only because an Indian asked me not to
     
  9. Post Colonnial

    Post Colonnial BANNED

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    Kuda hafiz
     
  10. El Sidd

    El Sidd SENIOR MEMBER

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    Rab rakkha
     
  11. Iqbal Ali

    Iqbal Ali SENIOR MEMBER

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    Horrible if true.
     
  12. Thəorətic Muslim

    Thəorətic Muslim SENIOR MEMBER

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    Seems like a good extradition idea.

    Any Pakistan involved in corruption with China gets extradited to China to face punishment.

    China is an all weather friend who's friendship is higher than the mountains.

    Noone can say political conspiracy.
     
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  13. RealNapster

    RealNapster SENIOR MEMBER

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    ye cheen ki hamare jamhoori hakomat kay khilaaf saazish hay. cheen nahe chahta kay Pakistan me jamhoriyat phaly phooly. :)
     
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  14. !eon

    !eon SENIOR MEMBER

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    London flats are just a drop. If you can dig deeper you will find fountains.
     
  15. HAIDER

    HAIDER ELITE MEMBER

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    According StAR report , Paksitani's has almost 200 Billion dollar sitting in Swiss account. Stolen money.