THERE IS A DECEPTION, MIS-INTENTION AND DISHONESTY IN THE CHOSEN WORDS AND PHRASESThanks 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 [HI]company's proprietor's guarantee[/HI] 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.
Khawaja Asif put the blame directly on IK whereas IK have nothing to do with it,the investment was made by the "Board of Governors" of endowment fund.I am not the spokesperson of anyone,i just wrote the facts what i read .The investment was made on good intention but if there is a loss ,it will be recovered through guanrantee.secondly,Imtiaz haidri was not the member of the board as you said ,he had already left the board.Its only $3 million which are invested in a company but what about "Hussain Nawaz's" 500 million pounds invested in london and dubai.where did he get that money and how? Can you or PML-N give answer if that money was not acquired through money laundering? I gave you the answer ,i dont think I owe you anymore explanation.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 .
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