Panther 57
PROFESSIONAL
- Joined
- Aug 18, 2013
- Messages
- 2,536
- Reaction score
- 22
- Country
- Location
When the companies were made he was in Pakistan, if no law was broken then why these assets were hidden until two days before Panama Papers. If the companies were funded from Pakistan, there is no trail of money. If no trail then he is guilty of money laundering as per law.There have no been laws broken, as his sons don't reside fully in Pakistan who run companies.
like many expat Pakistanis.
He himself said that everything was taken away and he started from scratch in KSA. Now the question is in mear 7 years he established a foundary, took it in profit and sold it at premium. He has been in power three times, how come he could not turn around Pakistan Steel.Mr Nawaz only returned to Pakistan around 2008 , his family owned large Industrial companies via his Father's industrial background from decades and decades of business practice, which was only effected in 70's by virtue of Nationalization efforts post 1971 war
NRO declared void ab initio.Full cycle
post 70's Rich family - Industry Privatized Father loses control ( ITTEFAQ Group )
80's still rich - Gets back company again , makes money grows fortune
Trusted advisor to General Zia
86-1999 - Grows business for 13 years (Files taxes - as resident of Pakistan)
1999 - Political Exile : family moves out , gets out of Pakistan forceful exile
They move to Saudia , and try to restart lives in Saudia
(Take loans etc or their own family asset they left Pakistan with )
1999-2008 - 9 years the business runs makes money / grows expands
outside Pakistan (0% tax due in Pakistan) they don't live in Pakistan
2008-2013 - After NRO (National Reconciliation ordinance) forgiveness program
comes back to Pakistan , to stand in politics again, Son's continue their
business overseas no immediate plan to return due to lack of energy
Politician's wrongdoing cases 86-99 are forgiven
In today's world there is nothing like free lunch, what to talk of 1.5 billion... thats the correct figure. But where it has gone?2013-Present
- Wins election , Mandate (Energy , Trade , Economy)
- Brings (1,000,000,000) Billion dollar gift to Pakistan from outside
- Kick starts energy projects
- Helps bring 43,000,000,000 USD billion investment from China
- Economic focus is heavy , SCO is joined
- Successful balance between Iran - Saudia - Pakistan relations
- Launches Zarb - e Azab on Terrorist with Military
- Successfully delivers Metro projects (Lahore - Rawalpindi cities)
- Reaches to IMF to get funds to improve Economy
- Moderate increase in Sales tax to help improve Tax collection
- MOU free trade with Turkey
- Progress on TAPI line
- Fast tracks GAWADAR port , defines route with his team
- His team brings in GAS from Qatar
- Qater agrees to give 200,000 visas to Pakistanis
- Railways is revived and starts running after 5 year neglect
- Continues to engage US and other nations to work in energy sector
- Makes plan to sell 5 Billion USD loss making PIA to bring new
management and investment in Pakistan
CPEC, Zarb-e-Azab, Iran-KSA-Pakistan ......effort and stand of COAS
yes IMF --- took so much loan that it surpassed all the numbers including the loans taken during AZ. In few months how Pakistan is going to avoid default.
Qatar agrees to give visas to Pakistanis at an exorbitant cost of LNG.
Energy Sector is hoax. Nandi pur still not functional. QA solar park a failure
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