Last edited by Neelam; 04-Aug-2012 at 04:54 AM.
Thanks mr.jaffery it was a balanced programme, not in anyone's against or favour.I just wanna clear couple of points .First endowment fund was used with good intention with the company's proprietor's guarantee that there will be no loss. Now the transaction was made by the "Board of governors" of endowment fund not by IK which is legal all over the world by the charitable institutions. Second Mr.Imtiaz the proprietor was not the member of SKMH Board of Governors at that time,he had left SKMH.
Last edited by samy99; 04-Aug-2012 at 06:06 AM.
Pakistan and Pakistanis have become poorer over a period of last 25 years and the rulers have become exponentially wealthy.....For me, that is evidence enough
Ya Allah Is Mushahid ullah khan ko garak kar Amen
THERE IS A DECEPTION, MIS-INTENTION AND DISHONESTY IN THE CHOSEN WORDS AND PHRASES
For example :"company's proprietor".
If I am not incorrect, the writer means - Imtiaz Hydri.
It can easily be explained:
(1) Imtiaz Hydri has not been brought forward before the public.
Therefore, the real truth Allah knows.
Imran Khan and his associates are trying their best that Mr. Hydri must not be brought before the public.
Issues were related to the use or misuse of Shaukat Khanam's charity based funds which being an interested or affected party.
Shaukat Khanam and PTI are two different entities.
Unfortunately, Imran Khan is mixing them up for whatever of his motives.
Shaukat Khanam management must have held the conference or Imran Khan must have spoken as only the spokes-person of Shaukat Khanam.
He spoke as head of PTI and levelled counter-allegations against PML(N). He converted the debate from a principles based discussion to an unbridled woman-like disquiet.
It was inappropriate and unfortunate.
Real issues gone into the hiding perhaps deliberately by Imran Khan.
(2) It is claimed Mr.Hyderi was a proprietor of some of-shore companies.
At the same time, he was a director (trustee -Aameen) of Shaukat Khanam as well.
He put the charity money - three million Dollars in his own poscket and the rest of the Directors including Imran Khan agreed (as being claimed) that he will return only profit and the principal and no losses to Shaukat Khanam.
It was a conflict of interest.
Guarantee was from within and is contrary to any fair principles of financial management. Nobody even knows there was a guarantee or not.
Whether the capital worth of the of-shore companies was enough to return the capital plus the promised profit.
At least, there must have been a third party's (a bank or a financial Institution) guarantee to act as an honest trustee.
Now when, it has been disclosed that the money has gone into loss.
What is the formula under which you will determine how much profit will be given to Shaukat Khanam.
and whether the principal amount will be returned to Shaukat Khanam.
(3) PTI is not willing to put the facts before an independent tribunal and is just depending on its verbal claims, it can not be said with certainty what they are claiming is true or what is the actual truth.
Only God knows the truth.
Otherwise, there is a criminal attempt to disguise the truth.
Until then a prudent observer will say - there is something seriously fishy.
Badqismati yeh hai ke koi Qabar ke peeche chup raha hai aur koi Hospitaal ke peeche.
Last edited by M javed; 04-Aug-2012 at 10:47 PM.
Last edited by samy99; 05-Aug-2012 at 02:29 AM.
There are currently 1 users browsing this thread. (0 members and 1 guests)