First recovery in fake accounts corruption case: 2 billion RS!

[YeBeWarned]

Pee rakhi ha kya bhai?

Give me 2 billions Rs, i will give you 100,000 homes, and 100 Hospitals .

 

[Verve]

Give me 2 billions Rs, i will give you 100,000 homes, and 100 Hospitals .

You may want to check your calcs again.

2b/100k = 20,000rs per house cost

 

[Thorough Pro]

All crminials' names must be published on a designated website "Thieves.pk", should be jailed, and barred from any government job, or government contract tho them or any company they work for.

return of looted money is not enough, interest for all this years as well as fines should also be recovered. But nothing of this sort will ever deter possible future thieves untill and unless they are hanged for their financial crimes. one person kills another, gets hanged, these mofos cause death of so many innocents and they only return a portion of looted money.

According to media reports, two of the main accused in fake accounts corruption case have plea bargained with the state to return 2 billion Rs worth of looted wealth back to national treasury

https://twitter.com/x/status/1156262949868179457

 

[Imad.Khan]

All crminials' names must be published on a designated website "Thieves.pk", should be jailed, and barred from any government job, or government contract tho them or any company they work for.

return of looted money is not enough, interest for all this years as well as fines should also be recovered. But nothing of this sort will ever deter possible future thieves untill and unless they are hanged for their financial crimes. one person kills another, gets hanged, these mofos cause death of so many innocents and they only return a portion of looted money.

i like this idea, but with a slight amendment. have a website (criminals.com.pk) that lists all criminals, including, murderers, rapists and fraudsters.

and have a section for "Wanted" as well that will list all the absconders.

 

[Hakikat ve Hikmet]

My dear YoungPak,

Frankly, this is pocekt change...but a good start nevertheless... a tinniest step in the right direction.

@Verve Formula is faster.

Please, don't underesitmate the Depth of #Khottaism ...

#CriminalEnterprise has very daftly manufactured this #Khottacracy .... with pre-paid #MarasiMedia and #KhooniLiberals....

WE need to recover 20+Trillion PKR... just to give you a mental roadmap.

#FreePakistanNow


Mangus

Drops of water make an ocean...

 

[newb3e]

2 billion may maslihat ki ayashi bhi poori nai hoge! lao maaal!!

 

[El Sidd]

Give me 2 billions Rs, i will give you 100,000 homes, and 100 Hospitals .

ab konsa election horaha hai jo ye bongiyaan mar rahe ho?

 

[shah_123]

2 Billion rs mai 100,000 houses and 100 medium size hospitals ban sakte hai ..

Innocent Pakistani, the first priority is interest (Riba) payment to IMF.

 

[Sugarcane]

What was total amount against which NAB gave Rs. 2b plea bargain? NAB usually is partner in crime, criminal loot 100, give 30 to crooks in NAB and government machinery, give 20 to state and get plea bargain and walk away with 50 white money.

 

[Sugarcane]

ISLAMABAD: An accountability court on Tuesday approved a plea bargain worth Rs2.12 billion between suspects linked to Sindh Nooriabad Power project company and the National Accountability Bureau (NAB).

NAB authorities produced suspects Syed Asif Mahmood and Syed Arif Ali before the accountability judge, Mohammad Bashir.

The investigation officer while submitting a report to Judge Bashir said the suspects were ready to deposit Rs2.12bn into the national exchequer under a plea bargain deal arrangement with NAB authorities under Section 25(b) of the National Accountability Ordinance, 1999.

Judge Bashir asked the suspects if they were entering the plea bargain deal arrangement under coercion or free will to which they replied they were doing so of their own will.

CEO M/S Technomen Kinetic Pvt Ltd Syed Asif Mahmood and Director Nooriabad Power Company Syed Arif Ali were arrested by NAB on May 21 in connection with alleged misappropriation and money laundering in the Nooriabad power project.

NAB had stated then that the suspects were taken into custody for extending illegal favours to M/S Technomen Kinetic Pvt Ltd and others in projects of Sindh Nooriabad Power Company and Sindh Transmission & Dis-patch Company (STDC), causing $16 million loss to the national exchequer.

According to the prosecution, NAB chairman approved the application of the suspects seeking release under the plea bargain deal.

Asif Mahmood told the court that the worth of each project was approximately Rs12bn. The judge after a brief hearing accepted the application.

https://www.dawn.com/news/1497191/rs2bn-plea-bargain-approved

So, the Projects were worth 24 Billion. 2 Billion are less than 9%. This 9% is very low recovery if we compare with level of corruption in Sindh (10% Minimum tu sirf Zardari ka cut hota hai). In short, NAB as usual is laundering machine where they whiten the corruption money by filling their pockets.

 

[Jango]

ISLAMABAD:
NAB had stated then that the suspects were taken into custody for extending illegal favours to M/S Technomen Kinetic Pvt Ltd and others in projects of Sindh Nooriabad Power Company and Sindh Transmission & Dis-patch Company (STDC), causing $16 million loss to the national exchequer.

---------------------------

So, the Projects were worth 24 Billion. 2 Billion are less than 9%. This 9% is very low recovery if we compare with level of corruption in Sindh (10% Minimum tu sirf Zardari ka cut hota hai). In short, NAB as usual is laundering machine where they whiten the corruption money by filling their pockets.

16 million $ adds up to 2 Billion rupees as per current exchange rate.

 

[Sugarcane]

16 million $ adds up to 2 Billion rupees as per current exchange rate.

Do you really think that there was only 8.3% corruption in these two projects?

 

[AZADPAKISTAN2009]

• 2 Billion Rupees is about 12 Million Dollars good start

 

[Jango]

Do you really think that there was only 8.3% corruption in these two projects?

Do you really think that these 2 people went out with the whole 24 billion?

I don't think you understand how corruption works mate.

Theek hai, halat kharab hain, magr not everyone can run off with 50% of the project value.

 

[Kabira]

ISLAMABAD: An accountability court on Tuesday approved a plea bargain worth Rs2.12 billion between suspects linked to Sindh Nooriabad Power project company and the National Accountability Bureau (NAB).

NAB authorities produced suspects Syed Asif Mahmood and Syed Arif Ali before the accountability judge, Mohammad Bashir.

The investigation officer while submitting a report to Judge Bashir said the suspects were ready to deposit Rs2.12bn into the national exchequer under a plea bargain deal arrangement with NAB authorities under Section 25(b) of the National Accountability Ordinance, 1999.

Judge Bashir asked the suspects if they were entering the plea bargain deal arrangement under coercion or free will to which they replied they were doing so of their own will.

CEO M/S Technomen Kinetic Pvt Ltd Syed Asif Mahmood and Director Nooriabad Power Company Syed Arif Ali were arrested by NAB on May 21 in connection with alleged misappropriation and money laundering in the Nooriabad power project.

NAB had stated then that the suspects were taken into custody for extending illegal favours to M/S Technomen Kinetic Pvt Ltd and others in projects of Sindh Nooriabad Power Company and Sindh Transmission & Dis-patch Company (STDC), causing $16 million loss to the national exchequer.

According to the prosecution, NAB chairman approved the application of the suspects seeking release under the plea bargain deal.

Asif Mahmood told the court that the worth of each project was approximately Rs12bn. The judge after a brief hearing accepted the application.

https://www.dawn.com/news/1497191/rs2bn-plea-bargain-approved

So, the Projects were worth 24 Billion. 2 Billion are less than 9%. This 9% is very low recovery if we compare with level of corruption in Sindh (10% Minimum tu sirf Zardari ka cut hota hai). In short, NAB as usual is laundering machine where they whiten the corruption money by filling their pockets.

9% of total project sound very high to me. This is how corruption is done otherwise it will be too obvious from start. Its still better then nothing and shows NAB actually have something.