Where did i get what info?
Wow it doesn't surprise me that some even now pretend to be blind
Fauji Foundation, the corporate face of the serving and retired generals watching and serving their collective financial interests,
The Fauji Foundation is currently running the Fauji-Jordan Fertilizer Company, the Fauji Fertilizer Company, the Fauji Cereals, the Fauji Corn Complex, the Fauji Polypropylene Products, the Foundation Gas, the Fauji Oil Terminal and the Distribution Company Limited, the Mari Gas Company Limited and the Fauji Kabirwala Power Company Limited.
The Pakistan Army-run Army Welfare Trust (AWT), separately, runs an empire of business projects that also includes banks, insurance companies, and pharmaceutical and cement plants.
So ????
Have you ever considered the economic value they have ??
How many people get employed, how many house holds are fed due to the people who work in these organizations, how much direct and indirect income in the shame of taxes they generate ?? How much economic value they are contributing to the economy of Pakistan itself ?? Had they not been invested in Pakistan, who would have ?? Do you think your industrialists would invest in such huge number or the politicians you vote for bring their money from abroad and invest in Pakistan.
Are these Army run organizations investing abroad or inside of Pakistan ?? Are they benefiting the outsiders or the people living in Pakistan ?? Any idea how much direct income tax they give to the govt itself ?? How much income tax in generated from the employees it has hired ?? How much sales tax they collect on behalf of the govt ?? Plus the numerous other taxes they collect for the govt ??
You people come here and start your bashing by looking at the negative side, while ignoring the positive picture which is much more brighter and positive compared to negative side.
Any idea how many purely civilians work in these organizations ??
You guys are just so pessimist.
And yeah even if the generals are worth 20-25 crore at retirement, they don't get cash, the cash amount is the amount of their pension, which is hardly close to 3-4 Million spanning through out their carrier of 3 decades and more. Their this worth of crores is based on the plots they get at the time of retirement, which also does NOT comes out of the taxpayers money or budget, rather from the resources Army generates itself.
So what is the fcuking problem with people if a general is worth crores not out of their tax money or govt money or defence budget. these generals are not becoming millionaires out of the peoples pocket, then what is their problem ?? If people have that much of a problem, then why not look at the politicians, bureaucrats, who make millions, crores, billions right out of the tax payers money, right out of the govt money.
People have a problem with generals becoming millionaires from the efforts of Army's own resources, not tax payers money and not govt's money, but no problem with the people who becomes billionaires not just millionaires after eating tax payers money, govt money.
I know cases of Grade 17-18 officers making 50 crores+ money out of govt pocket, but no one criticizes them ?? I remember a WAPDA line superintendent making atleast 10 crore worth of assets after selling WAPDA assets, am quoting just one case, there are hundreds of thousands of such cases. A govt doctor of grade 18, making just a house of 5 crore for his own living, leave aside the crores he had in his other assets.
You guys have no problem with such people making crores but have problem with generals who take no money of peoples pocket.
Height of hypocrisy.
You guys should be more balanced rather then tilting towards one side.
But yeah, we should bring in transparency in the defence budget. What is going where should be scrutinized, pay and perks should be revisited and whatever Army gives its officers after retirement is coming out of its own generated resources, no one should have any issue with that as long as the defence budget is being used properly as this happens all around the wold by big companies.
Army-run organizations should be made sure to give their due taxes and no undue favor should be done for them. And i would encourage the Govt to back up the army run organizations and invest in foreign country activities, thus bringing in more money to Pakistan. Kind of a joint govt-private-fauji foundation investment arm, joining their resources together and investing in big projects, earning money for Pakistan, export of human resources and bringing back technological things good for Pakistan.