Imran Khan lost donation money in real estate gambling

[Rafael]

biwi sey bewafaye ka kiya matlab hota hai????????

I think some one posted his pic earlier where he was supporting skmh


https://p.twimg.com/AzYOSCQCcAME8rq.png[/IMG


Waise if Aamir Liaqat and Veena Malik can do Islamic shows, Imran Khan is totally right to lecture about being faithful[/QUOTE]

Just like the two brothers and entire pml n lectures us about honesty, truthfulness and integrity!

 

[Jango]

biwi sey bewafaye ka kiya matlab hota hai????????

I think some one posted his pic earlier where he was supporting skmh

Waise if Aamir Liaqat and Veena Malik can do Islamic shows, Imran Khan is totally right to lecture about being faithful

hasn't Ch Nisar gone below the belt, multiple times? This was first time IK, and he didn't do any name calling or direct pointing, rather just said ' mainay nhn ki, kiya aap ne bhi bewafayi nhn ki' . Ch Nisar does it all the time, with names.

And nowhere did IK say that he is faithful. Rather, he said in the conference that he is a sinful person and has done wrong things many a time, just like the rest of us. He also said that he is no angel.

Great stuff PML, just when everything was quite, you did a brain fart for point scoring, that too on a cancer hospital.

 

[Tiger Awan]

hasn't Ch Nisar gone below the belt, multiple times? This was first time IK, and he didn't do any name calling or direct pointing, rather just said ' mainay nhn ki, kiya aap ne bhi bewafayi nhn ki' . Ch Nisar does it all the time, with names.

And nowhere did IK say that he is faithful. Rather, he said in the conference that he is a sinful person and has done wrong things many a time, just like the rest of us. He also said that he is no angel.

Great stuff PML, just when everything was quite, you did a brain fart for point scoring, that too on a cancer hospital.

Well Ch Nisar only mentions a US court order he never do Fact-denied baseless bashing like IK did today on the personal lives of NS and Kh Asif!!!

 

[Leader]

Just yesterday Leader was asking me who talk about ayesha ahad. Well not about her but IK is definitely getting personal about NS and Kh Asif

Not what I would endorse my friend... if he has gone personal on Sharifs character... he shouldnot have... but I have not seen the press conference myself so I cannot say for sure if your info is correct or misleading...

 

[koolio]

for the final time to an undergraduate engineer mind, read my previous posts... otherwise just keep living in denial that you guys are nothing but mindlessly quarreling without understanding a bit of the matter....

These N kushti league have got nothing better to do, instead of tackling real issues like load-shedding,health,law and order, they are trying to undermine the well respected institution of SKMH. I used to support and respect Noon league but never to this day, I thought they would sink so low and narrow minded to hide their corruption. Noon league your days are numbered.

 

[Leader]

Shaan ki zanatay dar chandain PMLN ko...

 

[Leader]

This is what Imran Khan said


Ch.Nisar binging up Sita White. Imran categorically said I don't believe in personal attacks but for the first & last time-- I want to say this that I'm not saint but I was faithful to my wife who still respects me, have they been faithful?


wow !! my leader indeed is a gentleman... and didnt do any personal attacks... Great soul indeed!!!!!

 

[AstanoshKhan]

Guys since these disgusting people have brought up this issue, I want to share a personal experience / story about SKMT and Imran Khan..

My niece was diagnosed with cancer about 1.5 years ago.. She was just a 2 year old child and the cancer was in its 2nd stage. We went to SKMT as a natural choice but unfortunately, according to their policy, as the cancer had spread already and the survival chances were below 50%, they refused to admit her. We tried our best and requested over and over again, approached some regular donors of SKMT and friends to request IK personally, even went to his sister's place so that she can request her brother to admit our case. Now I must tell you that my family is a little influential and have contacts with lot of politicians,bureaucrats and senior doctors. But the answer was plain and flat NO! As IK personally told my uncle in the presence of his sister that it is not he who makes the decisions in SKMT, its their board of senior doctors who decide which case to admit and which to refuse. And even he cannot suggest / make a sifaarish for anybody. That he cannot by-pass the system created by himself!

There and there I became a fan of that man! He did not compromised even when requested by his sister and very close friends. But the story does not ends here..

We then had to re-locate her to Agha Khan and the whole family was displaced for an entire year to a totally unknown city and faced so much difficulty that cannot be told in words. Only he whose close ones have suffered from cancer knows how difficult it is to manage the patients. We felt so helpless despite having all those 'connections' and wished only if we were treating her in our own city (or atleast somewhere close). I then realized how much of a blessing is SKMT for the people of Punjab. And yet a political party, for their own cheap political gains is hell bent on destroying such an institution.

My niece didn't survive, she died a few months ago..

May curse be upon them and anyone who wishes to damage / destroy SKMT!

Sorry to hear about your Niece.

He did not compromise even though the life of an innocent 2 year-old cancer stricken child was at risk? Screw him. May God help Pakistan...

Take your brains out of the box. The doctors there do not waste their time and resources on a patient which is in it's last or extreme stages.

My Aunt had breast cancer back in the 90s (died in 97') when SKMCH was newly built... they refused to take her since the cancer was in her extreme stages... my uncle (the most dearest person in my entire life) had gastric cancer... he was denied admission since it was in her extreme stages too - he died after 6 months in 2001... just recently (3-months back) the daughter of the same Aunt who died a decade ago, had symptoms of breast cancer too, we took her to SKMCH, they admitted her and got the treatment... Alhamdulillah she's out of danger now... This is how SKMCH operates... and BTW, on treating and saving her from the curse of breast cancer, her husband paid the full-fee, and donated equal to half of the whole fee to SKMCH trust.

 

[VCheng]

.................. As IK personally told my uncle in the presence of his sister that it is not he who makes the decisions in SKMT, its their board of senior doctors who decide which case to admit and which to refuse. And even he cannot suggest / make a sifaarish for anybody. .......................


My niece didn't survive, she died a few months ago..

May curse be upon them and anyone who wishes to damage / destroy SKMT!

I can attest to that fact that admission and treatment decisions at SKMH about patients are made by a board of very well trained and dedicated doctors, without any interference, according to the highest international medical standards, without exception. Every time.

This hospital is a great treasure for Pakistan and MUST be supported at all costs, regardless of the political climate.

I am sorry to hear about your niece. Inna Lillahe was Inna Elehi Rajioun.

 

[muhammad ibad]

Shaukat Khanum Memorial Hospital (SKMH) is one of the jewels of Pakistan. It is a story of not just one man but a nation that joined hands to prove what was once unthinkable. Cancer treatment is out of the reach of many even in industrialized nations so thinking about such facility in a 3rd world country was nothing less than a fool’s dream.

A whole new generation has grown up listening about the success story behind the hospital. I was in 8th grade and still cherish those moments when I first saw my hero Imran Khan coming to my school for fund-raising. It is only natural that people have sentiments and emotions attached to the institute and therefore greater expectations.

Khawaja Asif’s press conference wrecked havoc and media as always added as much fuel as possible (one wonders if this has caused fuel shortage in the country). I found the conference arranged in haste and later as expected the whole issue turned ugly.

First, here are the objections that I don’t agree to:

Even if Shaukat Khanum channeled money from Pakistan to invest abroad what’s wrong with this? Any institute tries to protect its assets and frankly if I wouldn’t invest my own money in Pakistan why should I do the same with the donations?

Secondly, whether the money was given for Zakaat or endowment fund is an issue of no importance either. Again the institution has every right to ensure maximum gains out of the available resources anyway they deem necessary.

Thirdly - the investment tanked by 60%. Once again not an issue (if the investment is transparent). Even no God has ever offered 100% profit guarantee under all circumstances.

But then there have been some genuine questions raised and after watching allegations and response from both sides I must say that few are still unanswered and these are serious ones.

1. No endowment fund anywhere in the world is invested in an unknown offshore company as ut-most care is taken to avoid any controversy.

2. Under any circumstances, funds of an institute are never invested in a company owned by the trustee (current or not) himself.

3. Such investments are always made secure through an insurance/ guarantee usually from a bank or another reputable institute.

Unfortunately Shaukat Khanum’s head, Dr Faisal Sultan, accepted carrying out all these actions but denounced any objection calling it ”difference of opinion”. Sorry sir; there is a thin line between “difference of opinion” and “right & wrong” and your team actually crossed this line.

I am not going to draw any conclusion here. Though calling it “corruption” will be a politically correct term; but let it be a “serious lapse of negligence” for now. Under any circumstances this whole “process” of investment is something that no law or moral in the world can justify. No one invests even a penny like this.

If watching Khawaja Asif’s press conference was not a pleasure, watching Imran Khan defending all this was more painful (here). What one expects from a man of his stature is to help resolve this issue which is not that complicated. Instead he opted to defend it by calling it an attack on the hospital and at times looked clueless by stating that he had nothing to do with this.

Sorry, but both answers are not acceptable. Welfare schemes cannot offer immunity from accountability just because the process may hurt the good work; and if Imran Khan has taken the due credit, of making SKMH a reality with public funding, he has to take responsibility for something wrong as well.

It may very well be a conspiracy against Imran Khan’s political career but for now, after all these questions are still unanswered, it is no more.

He should accept the serious lapse that has shaken the confidence of even those who respect him despite political differences and have been donating money all years long. Investing approx 600 million rupees in an unknown business owned by a present or a past member cannot be approved and appreciated by anyone. There is something wrong somewhere.

To make matters worse, the investment lost approx 180 million rps. by 2010. Who will decide whether it was because of “bad luck” or ”lack of transparency”?

The head of SKMH should resign immediately and apologize for his negligence and the hospital should carry out an open investigation. Defending these actions mean that such investment practice may be repeated in future; now this is criminal and dangerous and will be more unfortunate & shameful than anything that has happened so far.

Let me ask this: “if similar questions were raised about Edhi foundation what would be Imran Khan’s response”?

Transparency is the only solution. Bringing everything to the light will only help SKMH in it’s cause. And of course kind of respect that Imran Khan would earn as a result will be an icing on the cake for his followers, fans and well wishers. Otherwise, any other option will justify the same rhetoric that he uses against his opponents.

SKMH is a national asset. It was made possible by the collective efforts led by a cricketing legend but it is not ”owned” by anyone. Let it be this way. Let it be hope to all Pakistanis that nothing is impossible. It treats cancer patients equally, let it deal with the biggest cancer of our country the same way. by fraz tajamul

 

[Leader]

^^ yawning...already answered these nonsense questions asked by a totally douche bag who doesnot even know a bit of how business world operates....


why these data entry clerks of Noon league repeat things with fake accounts?

 

[notorious_eagle]

I will share one story too regarding SKMH.

One of my dad's oldest and dearest friends, his son was diagnosed with cancer back in 1998. My dad's friend was a retired Colonel so naturally he did not have much money to spare for hospital treatment. In the beginning he sold his house that he received in inheritance to pay for the medical bills. Cancer is a very costly procedure, soon he was broke and out of money. Imran Khan at the time used to arrive at the hospital everyday at 6 a.m on the ***. The next day my uncle waited for his car, as soon as Imran Khan arrived he told him his story. Khan Saab patiently listened to his concerns, and told him that there was nothing he could do regarding the finances and my uncle should approach their financial aid office. He told my uncle that he could only approach Khan Saab if after qualifying for financial aid, his son is not being offered treatment. The financial aid office processed his request in less than half an hour and free treatment was given to his son. Now that boy is fully cured and is a software engineer in California, he sends $10 000 every year in donation to SKMH.

 

[Rafael]

Dirt Game! - Babar Sattar

Mohammad Ali is celebrated as a great fighter because other than being a tremendous athlete he knew when to hold his punches. But most fighters worry little about their legacy and focus squarely on winning. Elections are a fight too. They produce winners and losers. And like in all other fights some chose to fight dirty. At the end of the day, the support or lack-thereof for tactics employed in politics is a matter of taste. Politics is a dirty business. In an election year you see a lot of dirt smeared around even in mature democracies. Some judge those who are smeared. Others judge those doing the smearing. Elections campaigns whether negative or positive bring forth information into public domain. And as constituents we have a right to judge the information, those bringing it and the manner in which it is brought.


By now it is settled that someone who vies for public office doesn’t have the same right to privacy as an ordinary citizen, as privacy must give way to the public’s right to information. If someone paddles lies about you, you can take them to court for defamation. If someone expresses an opinion about that paints you black, you respond with your arguments and let people decide who is right. The theory of democracy suggests that in a marketplace of ideas where political leaders have more or less equal access to the media, the superior argument wins. Thus in reacting to the accusations levelled by the PML-N, there is no room for Imran Khan and the PTI to mount a high horse. If they want the job of managing this country, voters have a right to seek answers to all prickly questions.


In trying to make sense of the accusations by the PML-N, within all the mudslinging, there seem to be three identifiable issues that need to be considered: Is Imran Khan laundering the funds of Shaukat Khanum hospital? Did the board of Shaukat Khanum illegally and recklessly gamble away charitable donations meant for the sick and the poor of this country? And was there a conflict of interest in assigning the responsibility of investing funds to an investment manager who was part of the decision-making process? Anyone faintly acquainted with the purpose and functioning of endowment funds and the risks that attach to investments generally would find the first two questions preposterous.


You don’t need to be a finance wizard to know that educational, charitable and religious institutions that rely on donations and don’t generate enough income to sustain their expenses create endowment funds. While some portion of the investment income is taken out to cater for ongoing expenses, the rest is reinvested with the objective that the principal amount should stay intact and the fund income should grow to offset pressures imposed by inflation and economic downturns. Such funds are managed by financial specialists and invested across a range of investment classes (stocks, bonds, real estate etc.) some of which are low-risk-low-reward and others that are riskier but offer higher returns.


Let’s also get out of the way the argument that investment or endowment fund losses are contingent on some wrongdoing. During the last six months of 2008 alone, the US endowments on the whole lost over 24 percent of their value. This is a staggering number. The top Ivy-league universities in the US have had to streamline their budgets due to the economic meltdown of 2008-09 and now expect to be poor for a while, even though the most celebrated gurus in the business manage their endowment funds. The point is that in a recession almost everyone loses money. In face of an event such as the ***-com bubble burst in the early 2000s, the more conservative investors who did not invest in this asset class might have been saved. But in 2008-09 when all asset classes went belly up, all investors lost some.


So here is why the PML-N is wrong. If it is contributions by foreign donors that go into the endowment fund (and not Imran Khan’s account), which is then managed by a specialised board of experts and not the board of directors of Shaukat Khanum, accusing Imran of laundering money to offshore accounts makes no sense. Second, the board of Shaukat Khanum should not be stepping into the shoes of the board of the endowment fund to micromanage decisions. That is not how institutions function. If the managers of the endowment fund establish a steady record of making imprudent investment decisions that lose money, the Shaukat Khanum board should consider changing the managers. But the argument that the Shaukat Khanum board ought to have taken such action because the PML-N fears that one odd investment might lose money doesn’t wash.


Was there a conflict of interest in letting a Middle East-based investment expert manage a $3 million investment for Shaukat Khanum’s endowment fund? If this expert had a dominant role in the decision making process that handed him the money, there could be an argument. Shaukat Khanum claims he wasn’t. If Warren Buffet was on the board of a charity, the charity might actually beg Buffet to manage its endowment in view of Buffet’s record of making money. This expert managing funds for the Shaukat Khanum might be no Buffet, but no one seems to be saying that he has made a killing on his management fee while Shaukat Khanum’s money was lost or that any laws or codes of corporate governance have been breached.


Let’s add some perspective. We’re living in an environment where our for-profit public-sector entities such as the PIA, the Steel Mill and the Railways are all rotting monstrosities. Their losses aren’t a product of external fiscal environment but of outright loot and cronyism. The record of the PML-N itself, especially in health management during its present tenure (with the Punjab Institute of Cardiology scandal, kids dying in hospitals catching fire and young doctors going on strikes etc.), has been an unmitigated disaster. The sasti roti scheme and Danish Schools are threatening to bankrupt the Punjab government. In this backdrop, the PML-N’s pointing fingers at an investment, even if flawed, made by a privately managed charity with imitable governance structures is audacious to put it mildly.


The argument in favour of Pakistani democracy is not that it is perfect or functional, but that there is no viable alternative. Democracy is presented as a solution to our problems not on the basis that practice will make the existing politicos perfect, but that continuity of the process will weed out the rotten ones, find and nurture new ones and force the remaining the reform themselves. The present state of democracy is hard to distinguish from a dictatorship because party structures are autocratic and at election time the range of options for the voter is limited. The barrier to entry for new mainstream political parties in our polity is sky high, which creates a monopoly of existing ones, and an alignment of interest in shutting our new players.


What are the political compulsions that force a politician as intelligent, clean and bold as Khawaja Asif to sling mud at Imran Khan that in all probability will not stick? Is fighting dirty a pre-requisite to establish political loyalty? Do we, the general voters and consumers of politics, acquiesce in and encourage such form of politics and consequently pick sides on the basis of who is making the argument and not the merit of argument itself? Let us ask Imran Khan all the hard questions and hold him to the standard that he has set for himself. But let us also ask Khawaja Asif and Chaudhary Nisar all those hard questions about the PML-N and Nawaz Sharif and hold them to a similar standard. After all both Imran Khan and Nawaz Sharif are competing for the same job.

The writer is a lawyer based in Islamabad.

 

[Jango]

Babar Sattar is a sensible head when he comes on TV.

Well spoken, and knowledgeable.

 

[AstanoshKhan]

Here's Asad Umar on the issue... as usual spot on with hardcore and authentic arguments.