Panama Leaks in Pakistan; US Defense Secretary in India; ZarbeAzb in Punjab; MQM in Karachi By-elect

[RiazHaq]

What do leaked Panama Papers reveal about Pakistani politicians, judges, businessmen and media owners? Where did PM Nawaz Sharif’s sons get the funds to start shell companies and open offshore accounts when they were just teenagers? How should PM Nawaz Sharif respond to the leaks? Should he accept responsibility and resign as demanded by PTI chief Imran Khan? Or should he come clean, pay back taxes and apologize to the nation?

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Has Pakistan Army’s Operation Zarb e Azb finally started in Punjab province? Will the Army succeed in rooting out sectarian terror by Punjab-based LeJ and similar other outfits operating under different names? Is PMLN a reluctant participant? Does the operation have the kind of legal cover available to it in Sindh province? If not why not?

Why is the US Defense Secretary Ashton Carter visiting India? Why did he say US-India relationship broad and global while US-Pakistan ties are narrowly focused on Afghanistan and terrorism? What does India expect to get from it? Defense hardware? US Predator drones? Will India agree to join US Navy patrols to challenge Chinese Navy in disputed waters in South China Sea?

Why was there such an extremely low turn-out in Karachi by-elections? Was it because the PTI candidate withdrew in favor of the MQM candidate? Or was it due to lack of enthusiasm for MQM since the return of Mustafa Kamal?

Viewpoint from Overseas host Faraz Darvesh discusses these questions with panelists Ali H. Cemendtaur and Riaz Haq (www.riazhaq.com)

http://www.riazhaq.com/2016/04/panama-leaks-in-pakistan-us-defense.html

 

[RiazHaq]

At age 13, (Husain Nawaz son of Nawaz Sharif) created 4 offshore companies worth 30 million dollars and acquired 4 flats in Mayfair, London. The seed fund for these companies came from the ‘Tooth Fairy’ who was buying his teeth at meagre million dollars a pop. I am safely assuming this as his whole family paid an average tax of 70 dollars per year in the 3 decades before (and one decade after) he founded these companies. His family was more poor than 90% of Pakistani tax payers.

At age 17, he was already a self made billionaire. But then, all their assets were frozen by a military dictator. He went to KSA. Took a loan, built a steel factory, and in just four years, he earned so much money that he completely repaid the loan and bought many businesses all over the world. At age 21, he was a multi billionaire. His father, the Prime MInister of Pakistan, is lucky to have a son like him. The PM does not own anything. He is under debt of millions of dollars that he has to repay to his sons while Hussain is however a multi billionaire. It is just a co incidence that his father is a politician.

I am thinking what did Nawaz Sharif do with all this money. How the hell is he under so much debt. Maybe while his sons were working so hard, he was busy gambling and partying in Montecarlo? Destroying the hard earned fortune?

PS: At age 13, I did not know how to fill a bank form and I did not know what an offshore company was? But then I am not as bright as Hussain. However I am richer than his father so surely I am brighter than his father. http://www.baaghi.tv/be-like-hussain-nawaz-goes-viral-on-social-media/

 

[RiazHaq]

#US, #India Agree On Small UAVs, High Powered Lasers And Target Detection Technology, Other Joint #Defense Projects


http://www.defenseworld.net/news/15...__Other_Defense_Projects#.Vw5vbW8rj-k.twitter …


India and US have finalized four government-to-government projects that include small UAVs, high powered lasers and target detection technology.


“US Secretary for Defense Ashton Carter and Indian Defense Minister Manohar Parriakr have welcomed finalization of four government-to-government project agreements in the area of science and technology cooperation. Atmospheric sciences for high energy lasers, cognitive tools for Target Detection, Small intelligent UAVs and blast and blunt traumatic brain injury,” the Indo-US joint statement said Tuesday.

 

[RiazHaq]

#Pakistan PM #NawazSharif For Sale On eBay. #PanamaLeaks http://www.valuewalk.com/2016/04/pakistan-pm-nawaz-sharif-ebay/ via @valuewalk


The fallout from the Panama Papers has inspired outrage around the world, and now someone has found a way to make a political point through comedy. The Prime Minister of Pakistan, Nawaz Sharif, has been put up for sale on eBay.


Sharif has been implicated in the Panama Papers scandal after members of his family were found to be owners of offshore companies. While owning offshore companies is not technically illegal, they are commonly used to avoid paying national taxes.


For a prime minister to be implicated in a tax dodging scandal it is a huge deal. Nawaz Sharif is one of a huge number of important Pakistani figures that have been swept up in the scandal.


One prankster has decided that an eBay listing promising that Sharif is for sale would be the best way to express his disgust.


The poster has so far remained anonymous, but the advert reads: “Used Pakistani Prime Minister, No longer needed is for Sale. No box or instructions.”

 

[RiazHaq]

In a 1999 BBC interview, Nawaz Sharif's son Hasan Nawaz denied ownership of London Flat now confirmed as property of 2 British Virgin Island companies Nescol Limited (incorporated in 1993) and Nielson Holdings Limited (incorporated in 1994) named in Panama Leaks as owned by Mariam Safdar, Nawaz Sharif's daughter. He claimed at the time that he was merely renting the flat and the rent money came from his family in Pakistan


http://week.watch/bbc/hassan-sharif-1999-bbc-hardtalk/

Nescol Limited and Nielson Holdings Limited were incorporated in BVI in 1993 and 1994, respectively, and were held by one bearer share each. In February 2006, Mariam Safdar signed a resolution of Nescol Limited as the “sole (bearer) shareholder”. MF was appointed as the registered agent through Minerva Trust which described Mariam Safdar as the beneficial owner of both companies.

In August 2008, BVI law firm Farara Kerins issued two legal opinions. As Nescol’s property, it identified “leasehold properties known as 17… and 17A Avenfield House, 117 to 128 Park Lane, London, W1K 7AH and car parking space 9 and box room 6… registered… with Title Numbers NGL342976 and NGL342977 respectively”. As Nielson’s property, it identified two titles of 16 and 16A Avenfield House.

http://indianexpress.com/article/world/world-news/nawaz-sharif-family-properties-panama-papers/