Where Billions Vanish

The good prof is worried about 400 million wasted. At least there is some equipment to show for, some worthless research papers to read. How about the billions written off as bad loans under unstructions from the govt. Is there any accountability for that. The last write off was 125 billion, prof saab, read again, it is 125 billion.

From jang of today


"According to press reports, the Supreme Court has taken serious notice of the fact as to how banks wrote off a staggering amount of Rs125 billion as "bad debts" during the 2000-2006 period, against Rs30 billion written off during 1985-1999. It is reported that larger number of loans have been written off under Circular No 29/2002, issued by the State Bank of Pakistan (SBP), of which major beneficiaries are politicians and industrialists. The criminal culpability of successive governments in this matter has tarnished the image of Pakistan in the eyes of global community as a haven for the corrupt, plunderers and tax evaders.

Pervez,

In a country where the plunderers and robers like gaznavi and ghouri are the heros, there can be no hope for pakistan, they are the role models that shape the thinking of the young in pakistan.

As an educator, you have to focus on teh fundamental value premise of the pak society, the plundering is only a symptom of the pak values.

One can see that on chowk, the abuse especially in urdu is teh norm of the elite and the educated of pakistan, read the posts of tahmed, zeemak, tahir etc.

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Re: # 1
Jayp..... You want to say Indians are not corroupt people ?
Pakistanis are as much corroupt as Indians no less no more. Though racially indian and pakistanis are different due to color and sharp features and intellience there are some social characters overcome boundaries.
Pakistani men most similar to western european men by DNA stuff they are white but not honest as whites( north europe) as local air water and food.The most important factoe is temprature as heat makes nay body sad and depressed. Here temp in shade can be boiling.
It is classic example of evolution one european mixed race of aryans and other of India dominated by tamil religion and dark colored race but harsh climate makes them all same degree corroupt , that is called evolution of races.

Re: # 3 Arjun you take this political professor too seriously. How a professor finds all this time to write political stuff ?
Now he says day of Musharaff are numbered. How long we are hearing that ?
Too much political things in nuclear things and they keep great scientist dr Khan in house prison. And this professor just big mouth and rewarded and Dr. Khan maligned as common corroupt as Mr.Z.
With this professor and such teachers its hard lean even in 1st grade.

Re: # 4

madani saab,

Corruption is a little more complicated than that. In pakistan the govt corruption started with the giving of land left behind by the hindus following ethnic cleansing. This became the first task of the govt and the land was given as a means for securing the favours and corruption was institutionalised.

Even today govt allocates land to the military men, just for joining the military, on top of salary and everything.

Further, in india there is not much of any govt land, because the land ownership and documentation is very old, same as in pakistan. The land owned by the hindus came as a windfall for the govt and corruption got engrained in the pak society.

Foundations of corruption.

The notion of corruption is always with respect to a norm, and that norm is socially conditioned.

Giving some favours and help to the relatives is the very foundation of family life style in asia, but that could be termed nepotism. here the norm is that one will act professionally and there are guidelines when say a contract is awarded. These guidelines again can be manipulated to meet the socila value of helping the relatives.

Further corruption is not major issue if there is improving education and opportunities. In the case of pakistan, there is no improvement, there is a collapse of law and order and corruption becomes a major issue.

Essentially there is no hope for pakistan, now after the army, it is teh turn of the PPP and nawaz to make the billions and vamoose abroad, and the cycle will contonue.

Re: # 2
"One can see that on chowk, the abuse especially in urdu is teh norm of the elite and the educated of pakistan, read the posts of tahmed, zeemak, tahir etc."

First I must thank you for acknowledging that I'm one of the educated.

And damn you for lying. Include yourself at the top of the garbage heap Jay Pee! In case you were too busy abusing Islam and Prophet Muhammad, I was occupied with a more important job: of asking the likes of you to desist from provoking Muslims.

Quote where I abused you. If others have a complaint, let them produce the proof and ask CHOWK editors as well. Who are you? Are you their collective bargaining agent?

I'm a writer not a pathetic interactor locked away in a grey room with a virus-ridden computer and a lice-infested dog.

Go work for India instead of making your unwelcome presence felt here.

Pervez Hoodbhoy knows better, he can read and make his own assessments. Nobody here will be swayed by your remarks, unless you include demented ex-pats with low self-esteem amongst your customers.

Japy Pee, CHOWK does have all your silly posts on record. Want me to enlighten the readers now?

Apologise or head for the Himalayas for yatra--better yet, do both.

Re: # 3
Urchin,
Work for the poor of India, leave Pakistan to the Pakistanis. I will fondly think of you the next time I visit the zoo--promise.

Re: # 6
"The land owned by the hindus came as a windfall for the govt and corruption got engrained in the pak society."

As if the Muslims neither ruled over India nor owned land in the centuries they spent there!

Thanks for making us rich. Spiritually and emotionally, you'll remain poor--forever I think.

Re: # 7
"Essentially there is no hope for pakistan"

Listen Bobe Hopeless, look inwards. We Pakistanis (settled HERE) do it all the time.

Go back to India. If you're already there, then leave to come back. Good exercise...

Re: # 11

tahiri saab, these people are no good saab. they say bad about Pakistan saab

they are even worse than Baangladaishies saab

Ops, Hoodbouy did it again!!!!

It is a fact that Dr. Ata ur Rehman contribution to Pakistan is almost same as Abdul Qadeer Khan – ‘highly over-rated’ and manufactured. Here(s) a man who runs HIJ inside Karachi University – yet is in-charge of a higher education commission? On what merits? Publishing research papers? Or personal reputation with Mushraff?

Ops, Hoodbouy did it again!!!!

It is a fact that Dr. Ata ur Rehman contribution to Pakistan is almost same as Abdul Qadeer Khan – ‘highly over-rated’ and manufactured. Here(s) a man who runs HIJ inside Karachi University – yet is in-charge of a higher education commission? On what merits? Publishing research papers? Or personal reputation with Mushraff?

I would like to suggest that the HEC should take out the Pelletron accelerator from the QAU and get it reinstalled at the accommodations (or perhaps resorts) of Dr. Samar Mubarakmand and of Dr. Ishfaq Ahmad -- the self-styled “nuclear heroes” of Pakistan. The 400 millions of tax-payer money should then be refunded forcefully from the (perhaps secret) accounts of these “nuclear heroes”.

The name of other well-known “hero” is not mentioned here as he seems to have (unluckily) avoided making money this time from the “Pelletron business”. Of course, he has other important concerns and “businesses” to look after, for example, exporting certain materials and equipment to “friendly Muslim countries” and taking care of hotels etc.

Also, Dr Samar Mubarakmand should be asked why he has appointed his son at relatively much younger age to become the “Director General” of one of the divisions of the National Defense Complex (NDC). Can he defend his son’s appointment to that post apart from justifiable grounds?

I would like to suggest that the HEC should take out the Pelletron accelerator from the QAU and perhaps somehow get it reinstalled at the accommodations (or perhaps resorts) of Dr. Samar Mubarakmand and of Dr. Ishfaq Ahmad -- the self-styled “nuclear heroes” of Pakistan.

The 400 millions of tax-payer money should then be refunded forcefully from the (perhaps secret) accounts etc of these “nuclear heroes”.

The name of other well-known “hero” is not mentioned here as he seems to have (unluckily) avoided making money this time from the “Pelletron business”.

Of course, he has other important concerns and “businesses” to look after, for example, exporting certain materials and equipment to “friendly Muslim countries” and taking care of hotels etc.

Also, Dr Samar Mubarakmand should be asked why he has appointed his son at relatively much younger age to become the “Director General” of one of the divisions of the National Defense Complex (NDC).

Can he take a little time to defend his son’s appointment to that position from any justifiable ground? I remain much keen to listen to that.

Can someone point out the real beneficiaries of this Pelletron accelerator deal who are sitting at HEC, NESCOM, and PAEC?