50 commercial entities being run by armed forces

[SBD-3]

I told you buddy to not come with stupid kind of answers. But you didn't listen, hope you can read now.

http://www.nation.com.pk/business/19-Jan-2012/fauji-foundation-to-acquire-askari-bank-s-100pc-shares

If you had checked the website of Fauji Foundation and under Businesses looked at Associated Concerns you would have found Askrai Bank.

So i told you not to waste ones time first read, understand and then come here for discussion.

And as for your advice of reading some of these terms, i know them well as I am in Banking industry and this is what i look at. Even if they have 51% share and management control, the other shareholders are having their share of profits and are OK with whomever is running the company.

I think if you would have studied Corporate Finance, Management control means the power to run the company. The others "Minority shareholders" are at the mercy of the BOD which runs the company by overseeing the managment not the shareholders. That's probably the answer you expect from a student of finance on his first day in school, such an answer in final exam would earn him both a D and a teacher's compliment.
And yes, the latest control % as follows
FF 40%
OGDC 20%
GOP 20%
Rest with General Public and Funds etc.
http://mpcl.com.pk/wp-content/uploads/2015/07/POSH_2015_2.pdf
@Topic
Another company discovered
http://fotco.pk/Profile.htm

PIA was performing excellently in the 60s and 70s because it was being managed by ex Air Force Personnel...PIA made Emirates and Air Malta...Thats how good it was...

And now emarati airlines is run by the Indian and Philippine staff and Pilots, they stopped taking staff from both PIA and PAF.

 

[Rashid Mahmood]

95% of work force in these organisations are civilians.
These organisations were setup to provide jobs to retired military personal and help them adjust in civil life, which they are doing in addition in providing jobs to a large number of civilians.

 

[hassamun]

I think if you would have studied Corporate Finance, Management control means the power to run the company. The others "Minority shareholders" are at the mercy of the BOD which runs the company by overseeing the managment not the shareholders. That's probably the answer you expect from a student of finance on his first day in school, such an answer in final exam would earn him both a D and a teacher's compliment.
And yes, the latest control % as follows
FF 40%
OGDC 20%
GOP 20%
Rest with General Public and Funds etc.
http://mpcl.com.pk/wp-content/uploads/2015/07/POSH_2015_2.pdf
@Topic
Another company discovered
http://fotco.pk/Profile.htm


And now emarati airlines is run by the Indian and Philippine staff and Pilots, they stopped taking staff from both PIA and PAF.

High level positions are Western and Local people...

 

[SBD-3]

High level positions are Western and Local people...

?????

 

[BetterPakistan]

Grow up little Hilary in his last return filed 1,26,000 $ per lecture and you know how much 2 Billion is ? its 20 Million US $ , 20,000,000/200,000 = 200 Lectures are you super crazy ? Musharaf sons owns share in telenor . MUshi properties and overseas bank account so Holy cows are not to be touched

don't you tell me to grow up because your arguments and your logic pretty much tells how much grown up you are.

Again to shut your trolling I am sharing it for first & last time.
http://www.huffingtonpost.com/miles-mogulescu/clintonss-200000-an-hour_b_9069720.html
This is what hillary clinton was charging per hour to speak.

and here you go for musharraf:-
http://www.dawn.com/news/561732/musharraf-s-earnings-from-lectures

Do you even know what retirement benefits, plots an army chief gets when he retires? You enhance your knowledge first and than argue with someone and don't tell your elders to grow up when you yourself is a kiddo.

 

[volatile]

Do you even know what retirement benefits, plots an army chief gets when he retires? You enhance your knowledge first and than argue with someone and don't tell your elders to grow up when you yourself is a kiddo.

Yes with so many conglomerates and too much retirement benfits but again i will mention first point 10 Billion $ on 1.5 Mil people can get you some thing in the end . I ignore your childish remarks on personality as it shows argument level and debate tolerance you have . Regarding Musharaf . Musharaf started lecturing post 2008 . His asset size is among the top in Pakistan .No matter how much capable /how much you charge
http://tribune.com.pk/story/530444/musharraf-declares-assets-worth-rs645m-leaves-tax-column-blank/
I am sure how much may be perks but less than 645 Mil exclusive of overseas accounts ,companies and bank balances

 

[hassamun]

?????

Most High Position Holders are from the US, UK and Emirates...

 

[Arsalan]

https://defence.pk/threads/50-commercial-entities-being-run-by-armed-forces.440336/

A thread already exists!

@Slav Defence @waz @Manticore

 

[BetterPakistan]

Yes with so many conglomerates and too much retirement benfits but again i will mention first point 10 Billion $ on 1.5 Mil people can get you some thing in the end . I ignore your childish remarks on personality as it shows argument level and debate tolerance you have . Regarding Musharaf . Musharaf started lecturing post 2008 . His asset size is among the top in Pakistan .No matter how much capable /how much you charge
http://tribune.com.pk/story/530444/musharraf-declares-assets-worth-rs645m-leaves-tax-column-blank/
I am sure how much may be perks but less than 645 Mil exclusive of overseas accounts ,companies and bank balances

You keep on talking that crap but it isn't worth it now. You failed to prove your point and now insisting me to accept your arguments without any logic. As far as my argument level and debate tolerance is concerned, yes I argue but till a limited level and if I see the other one is ignorant like you than that discussion isn't worth it at least for me

 

[volatile]

You keep on talking that crap but it isn't worth it now. You failed to prove your point and now insisting me to accept your arguments without any logic. As far as my argument level and debate tolerance is concerned, yes I argue but till a limited level and if I see the other one is ignorant like you than that discussion isn't worth it at least for me

See great minds discussed ideas ,average mind discussed personalities ,Now i have given facts related to topic ,prove me wrong from budget allocation to end service retirement .Also dont forget from 68 years of our history 37 are being with armed forces control over every thing ,Its some time funny when people make fun of politician (Not that i like them but onyl way forward for Pakistan is to have electables from grass root level not Millitary nurseries .

 

[BetterPakistan]

See great minds discussed ideas ,average mind discussed personalities ,Now i have given facts related to topic ,prove me wrong from budget allocation to end service retirement .Also dont forget from 68 years of our history 37 are being with armed forces control over every thing ,Its some time funny when people make fun of politician (Not that i like them but onyl way forward for Pakistan is to have electables from grass root level not Millitary nurseries .

See great minds discussed ideas ,average mind discussed personalities ,Now i have given facts related to topic ,prove me wrong from budget allocation to end service retirement .Also dont forget from 68 years of our history 37 are being with armed forces control over every thing ,Its some time funny when people make fun of politician (Not that i like them but onyl way forward for Pakistan is to have electables from grass root level not Millitary nurseries .

Great minds don't implement ideas, there are leaders who implements great ideas.
Secondly, you didn't gave any fact except your own crap. Service retirement is given to every govt employee not only military one's. You wanna start from history, okay let's do it.

There were only three reigns in which Pakistan progressed:-
1. Gen Ayub Khan
2. Gen Zia ul haq
3. Gen Musharraf

You are talking about electables? which electables? Ones whom come from rigging? Or whom their-selves are a plant of military rule? Or the ones with multi millions stashed abroad? For having electables from grass root level, you need to first have a proper local bodies election and than all the electables should given the responsibility to work. In your country recent local bodies elections were held after a complete 5 year term, know it?
Even still only KPK has given local electables funds and the right to implement their own decisions. KPK govt has stopped all discretionary funds for legislators while others haven't done it yet.

Third craziest thing from you is about our military budget. In this entire discussion you was crying about military budget. How much was our military budget for last year? $7.6 Billion / 2.82% of our GDP.
Israel defense budget is 6.2% of their GDP.
US defense budget is 3.9% of their GDP.
Saudi Arabia 13.7%
Russia 5.4%
India 2.3%
South Korea 2.6%
UAE 5.7%

Since our independence we have existential threat from east. We have 7 times bigger nation which haven't accepted us as an independent territory. Still our defense budget to GDP ratio is low. It is the fault of your so called civilian leaders whom were not able to increase Pakistan's revenue collection yet. Musharraf doubled Pakistan tax collection in his term and he mostly increased direct tax collection.
Come up with something logical kid.

 

[volatile]

There were only three reigns in which Pakistan progressed:-
1. Gen Ayub Khan
2. Gen Zia ul haq
3. Gen Musharraf

Yes in Ayub/Yahyaha ,Pakistan was broken down .
Yes in Zia we inhereted AK culture ,Opium,cocaine ,Jihad
Yes in Mushy Afg U Turn ,WOT ,Our soldiers got butchered

Now US Aid in these era

You are talking about electables? which electables? Ones whom come from rigging? Or whom their-selves are a plant of military rule? Or the ones with multi millions stashed abroad? For having electables from grass root level, you need to first have a proper local bodies election and than all the electables should given the responsibility to work. In your country recent local bodies elections were held after a complete 5 year term, know it?

All Electables currently are some how by product of Millitary nurseries .
1. Gen Ayub Khan Bhutto
2. Gen Zia Nawaz
3. Gen Mushy IK and JI

Since our independence we have existential threat from east. We have 7 times bigger nation which haven't accepted us as an independent territory. Still our defense budget to GDP ratio is low. It is the fault of your so called civilian leaders whom were not able to increase Pakistan's revenue collection yet. Musharraf doubled Pakistan tax collection in his term and he mostly increased direct tax collection.
Come up with something logical kid.

No one is denying that but running corporations will not solve the problem

 

[MastanKhan]

95% of work force in these organisations are civilians.
These organisations were setup to provide jobs to retired military personal and help them adjust in civil life, which they are doing in addition in providing jobs to a large number of civilians.

Hi,

That is one of the things I appreciate about pak military---its business acumen---. Retd personal can get jobs---and with the income---benefits are provided----amongst other things.

 

[BetterPakistan]

Yes in Ayub/Yahyaha ,Pakistan was broken down .
Yes in Zia we inhereted AK culture ,Opium,cocaine ,Jihad
Yes in Mushy Afg U Turn ,WOT ,Our soldiers got butchered

Now US Aid in these era

View attachment 320874


All Electables currently are some how by product of Millitary nurseries .
1. Gen Ayub Khan Bhutto
2. Gen Zia Nawaz
3. Gen Mushy IK and JI


No one is denying that but running corporations will not solve the problem

Yeah, really you saw Pakistan broke down?

Man, you are really impossible.

 

[volatile]

Hi,

That is one of the things I appreciate about pak military---its business acumen---. Retd personal can get jobs---and with the income---benefits are provided----amongst other things.

I beg to differ ,Simply core job is some thing else ,any ways leave that thought for some other day .