List of beneficiaries of loans relief valuing Rs 60 billion in Musharraf regime made public

List of the persons who had got loans over 60 billion rupees written off during former president Pervez Musharraf regime have been made public. Loans amounting to Rs 120 billion were waived during the period from 1985 to 1999. About 2000 companies and persons got relief in loans under different schemes introduced by State Bank of Pakistan which include retired generals, industrialists, actors and businessmen. As per list available in National Assembly (NA) library major chunk of the loans was written off by National Bank of Pakistan (NBP). NBP waived loans to the tune of Rs 23.51 billion which were lying outstanding against 1086 persons. Zarai Tarqiati Bank wrote off loans valuing Rs 7.56 billion against 883 loan defaulters including feudalists, industrialists and traders.The catalogue consisting of more than 850 pages revealed that Bank of Punjab (BoP) waived loans of Rs 2.39 billion which were outstanding against 86 defaulters. Saudi Pak Investment wrote off outstanding loans to the tune of 462 million against 31 persons. 46 persons from Pak Libya Holding companies got waived loans of Rs 1.39 billion. READ MORE

English Skills of Raja Riaz

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Why Pakistan has not progressed

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History of NRO and the its beneficiaries

[ Wednesday, December 16, 2009 | 0 comments ] abbas

Former President Pervez Musharraff promulgates NRO in 5 October 2007, according to this ordinance 8 thousand cases from 1st January 1986, to 12 October 1999 have been cancelled. Supreme Court of Pakistan in his decision has ordered to reopen all the cases which were struck down by this ordinance.

According to the list of the beneficiaries of the National Reconciliation Ordinance a total of 8041 people including 34 politicians, bureaucrats and three ambassadors took benefit from the ordinance.

On top of the list is the name of President Asif Ali Zardari while his several close associates, both political and bureaucratic, including Rehman Malik, Salman Farooqi and his brother Usman Farooqi, Hussain Haqqani and Siraj Shamsuddin are also included, he said.

The list, which also reflects a brief introduction of the cases dropped against each name under the NRO, also includes the name of serving and former ministers, federal and provincial secretaries, ex-chief secretaries, existing or former members of the national and provincial assemblies and others, he added.

Video of Attack on Italian Prime Minister

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Video of attack on italian Prime Minister


CCTV footage of Lahore Moon Market Bomb Blast

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CCTV footage of Lahore bomb blast released

Owner of vehicle used in Rawalpindi tragedy arrested

[ Saturday, December 5, 2009 | 0 comments ] abbas

Police has arrested owner of the vehicle used in the parade Line mosque suicide attack from E-11.

According to a private TV channel, the car used by the attackers was bearing a fake number plate.

The police has arrested the registered owner of the car from a posh sector of the federal capital E-11 and took him to an undisclosed location for interrogations.

Shuhada package: Rs0.5m approved for jawans, Rs 1 million for officials

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The government has approved to give RS 0.5m to each martyred Jawan of Frontier Constabulary (FC) and Rs 1 million to each officer under "Shuhada Package" while Finance department has issued funds for recruitment of seventy-five new platoons.

According to a notification issued by Finance department here on Saturday jawans of FC have played role of front line in war against terrorism so government has approved RS 500,000 for each jawan of FC who has embraced martyrdom and Rs 1million for officers under "Shuhada package".

It has also been approved to build Intelligence unit and Commando medical unit in Frontier Constabulary while, Frontier Constabulary is being equipped with latest technology, salaries and facilities for FC personals and officials are being increased in this regard.

Seventy-five new platoons would be recruit in NWFP and tribal areas for maintaining law and order situation in the areas.


Martyrs of Pindi blast laid to rest

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Funeral of martyred of Friday's barbaric act of terrorism at a mosque in Rawalpindi that claimed 40 innocent lives were held at various placed in the country

Funeral prayers Major General Bilal Umar, Waleed Mumtaz and Hashim Masood were held at Chakala Garrison on Saturday.

Waleed Mumtaz and Hashim Masood were sons of Brig Mumtaz and Corps Commander Peshawar, Lt. General Masood Aslam respectively.

The funeral was attended by Prime Minister Syed Yusuf Raza Gilani, Chief of Army Staff, General Ashfaq Parvez Kayani and Chairman Joint Chief of Staff Committee, General Tariq Majeed .

Prime Minister Yusuf Raza Gilani prayed for the departed souls and expressed his sympathy with grieved families.

Federal Interior Minster Rehman Malik, Defence Minister Chuadhary Ahmed Mukhtar, Governor NWFP Owais Ahmed Ghani and Chief Minister Amir Haider Khan Hoti, Deputy Chairman Senate Jan Muhammad Jamali, former DG ISI Hameed Gul and retired and in-service officers and people attended the funeral in a great number.

After the funeral prayers Major Gen Bilal Umar was laid to rest at Army graveyard with full military honors. while the dead bodies of Omar Hashim Masood and Waleed Mumtaz were sent to their native areas for burials.

Meanwhile Major Rashid Qureshi was laid to rest in his native area Kalar Syedan Rawat and Major (retd) Shoaib who was the administrator of the parade land mosque was laid to rest in Lahore.

16 year old Hafiz Zafran and Mohammad Zamin, son of Army engineer Mohammad Akmal, were laid to rest in Lahore.

Funeral prayers of Lt Col Farooq Awan's father Mohd Anwar Awan was held in Karachi, Brigadier Abdul Raouf in Renala Khurd, Lance Nail Abdul Rehman in Mianwali, Mohd Arshad in Malkwal.

All the funeral prayers of these martyred were held with full military honors and were attended by senior army officers and nobles of the respective areas.