Sharif family did not send money to Dubai legally: Former Finance Minister

[Devil Soul]

Mubashir Hassan contests Sharif’s claim
ANEES HANIF — PUBLISHED ABOUT 2 HOURS AGO
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DR Mubashir Hassan, the finance minister in Zulfikar Ali Bhutto’s cabinet from 1971 to 1974, said on Monday that Prime Minister Nawaz Sharif’s family did not send money ‘legally’ to start their business in Dubai during those years.

Talking to a television channel after the Mr Sharif’s speech in parliament, Dr Hassan claimed that “the PM is lying”; they (the Sharifs) were “neither granted permission nor did they seek any”. Although they came to meet him once, he refused.

“In those days it was impossible to send money legally without the State Bank’s approval,” he said.

“If they smuggled money or did money laundering, then it is a different case but they did not get State Bank’s consent for sending money abroad,” said Dr Hassan.

The prime minister had claimed in his speech that in 1972 the then government had nationalised the Ittefaq Foundry ‘without giving (his family) a single penny’ in return for the machines and land or as compensation.

The PM said that during those days his father, like other industrialists and businessmen, went to Dubai and set up the Gulf Steel Mill. The mill was inaugurated by the then ruler of Dubai.

“In April 1980, this mill was sold for 33.37 million dirhams,” said the PM.

Published in Dawn, May 18th, 2016


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[Viper0011.]

Mubashir Hassan contests Sharif’s claim
DR Mubashir Hassan, the finance minister in Zulfikar Ali Bhutto’s cabinet from 1971 to 1974, said on Monday that Prime Minister Nawaz Sharif’s family did not send money ‘legally’ to start their business in Dubai during those years.

You people STILL doing the propaganda???? Will you ever get tired or change jobs? This shiit is really getting boring now don't you think? You've been at it for three years now, every 6-8 months there is another IK Dog and Ponny show. But results in .......ummm, NOTHING!!!! Yea, time to change jobs. You guys must be really tired of typing so much crap and lying all the time. I can't imagine how you guys can constantly lie like IK. Let it go, this crap is getting old.

 

[Devil Soul]

You people STILL doing the propaganda???? Will you ever get tired or change jobs? This shiit is really getting boring now don't you think? You've been at it for three years now, every 6-8 months there is another IK Dog and Ponny show. But results in .......ummm, NOTHING!!!! Yea, time to change jobs. You guys must be really tired of typing so much crap and lying all the time. I can't imagine how you guys can constantly lie like IK. Let it go, this crap is getting old.

Why so mad ... It's not good for ur health ... Take chill pill .... .. I hope all this harsh words were not directed towards me .. Don't shoot the messenger

 

[Zaneesh852]

Mubashir Hassan contests Sharif’s claim
ANEES HANIF — PUBLISHED ABOUT 2 HOURS AGO
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DR Mubashir Hassan, the finance minister in Zulfikar Ali Bhutto’s cabinet from 1971 to 1974, said on Monday that Prime Minister Nawaz Sharif’s family did not send money ‘legally’ to start their business in Dubai during those years.

Talking to a television channel after the Mr Sharif’s speech in parliament, Dr Hassan claimed that “the PM is lying”; they (the Sharifs) were “neither granted permission nor did they seek any”. Although they came to meet him once, he refused.

“In those days it was impossible to send money legally without the State Bank’s approval,” he said.

“If they smuggled money or did money laundering, then it is a different case but they did not get State Bank’s consent for sending money abroad,” said Dr Hassan.

The prime minister had claimed in his speech that in 1972 the then government had nationalised the Ittefaq Foundry ‘without giving (his family) a single penny’ in return for the machines and land or as compensation.

The PM said that during those days his father, like other industrialists and businessmen, went to Dubai and set up the Gulf Steel Mill. The mill was inaugurated by the then ruler of Dubai.

“In April 1980, this mill was sold for 33.37 million dirhams,” said the PM.

Published in Dawn, May 18th, 2016


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Similarly investors who purchased property in dubai, textile mills in Bangladesh, properties in London and US do you think they would have acquired the approval from State Bank? And would State Bank have granted any such approval? Post nationalization Industrialists were running away from Pakistan, I'd rather think this statement as logically hallarious, though technically correct. Sending money outside is not money laundering, sending illegal money and then bringing it back as remittances, free of tax is the money laundering.

 

[mr42O]

But we cant produce one single documents which shows that money was sent legally and money was legal

 

[Imad.Khan]

You people STILL doing the propaganda???? Will you ever get tired or change jobs? This shiit is really getting boring now don't you think? You've been at it for three years now, every 6-8 months there is another IK Dog and Ponny show. But results in .......ummm, NOTHING!!!! Yea, time to change jobs. You guys must be really tired of typing so much crap and lying all the time. I can't imagine how you guys can constantly lie like IK. Let it go, this crap is getting old.

What do you care you are not even Pakistani

 

[war&peace]

Similarly investors who purchased property in dubai, textile mills in Bangladesh, properties in London and US do you think they would have acquired the approval from State Bank? And would State Bank have granted any such approval? Post nationalization Industrialists were running away from Pakistan, I'd rather think this statement as logically hallarious, though technically correct. Sending money outside is not money laundering, sending illegal money and then bringing it back as remittances, free of tax is the money laundering.

SO if someone else has done something illegal, that does not mean it becomes legal. If they are doing something illegal, they will also be brought to justice....two wrongs does make one right.

 

[notorious_eagle]

Similarly investors who purchased property in dubai, textile mills in Bangladesh, properties in London and US do you think they would have acquired the approval from State Bank? And would State Bank have granted any such approval? Post nationalization Industrialists were running away from Pakistan, I'd rather think this statement as logically hallarious, though technically correct. Sending money outside is not money laundering, sending illegal money and then bringing it back as remittances, free of tax is the money laundering.

I just wanted to point this out for everyone, just look at this justification for Money Laundering. So what if i killed someone, everyone else has also committed murder.

Gosh, Jahalat ki aur nokar mentality ki kami nahi Pakistan mein.

 

[Zaneesh852]

I just wanted to point this out for everyone, just look at this justification for Money Laundering. So what if i killed someone, everyone else has also committed murder.

Gosh, Jahalat ki aur nokar mentality ki kami nahi Pakistan mein.

Rather than calling others Jahils probably stand infront of mirror and try seeing yourself. You will have a sight of first class meesna.

 

[notorious_eagle]

Rather than calling others Jahils probably stand infront of mirror and try seeing yourself. You will have a sight of first class meesna.

Is that the best you could come up with lol? As i said, Jahillll

 

[Rahil khan]

But we cant produce one single documents which shows that money was sent legally and money was legal

Simply establish the judicial commission, let the evidence be represented during the proceedings just like the proceedings of commission to investigate 32.punctures.....!!!! So that reality would come out once again and mourners will continuously mourn till 2018 or may be more than 2018....!!!