PM IK: Karkey dispute resolved with help of President Erdogan

[American Pakistani]

The more credit goes to Turkeys, who showed big heart.

Thank you Turkish brothers.

 

[Dubious]

Geo.tv/Files


ISLAMABAD: The Pakistani government has resolved the Karkey dispute with the help of Turkish President Recep Tayyip Erdogan, Prime Minister Imran Khan announced on Monday.

In a tweet, PM Imran said the matter was resolved "amicably" and that Pakistan had successfully saved $1.2 billion — the sum the International Centre for Settlement of Investment Disputes (ICSID) had imposed as a penaltiy on Islamabad.

"PTI Govt, with the help of President Erdogan, has amicably resolved the Karkey dispute and saved Pak USD 1.2 billion penalty imposed by ICSID," the premier wrote.

The ICSID had slapped a penalty worth $760 million plus interest to the Turkish ship-based energy firm, Karkey Karadeniz Elektrik Uretim, following the latter's move to register arbitration claims against Pakistan under a bilateral investment treaty (BIT).


https://www.geo.tv/latest/254573-karkey-rental-power-case-pakistan-resolves-12bn-dispute-with-turkey

 

[HAIDER]

What next? Qatar LNG deal sorted to save billions and billions.

Yes Sir ......Govt should review the pricing ...now LNG price is 4.8 dollar mmbtu , Nawaz sign 8.4 mmbtu/15 years .... if Bangladesh can do it ...why not Pakistan ... its matter of billions of dollars. But our babu get kickbacks and write dirty contracts for few dollars in there pockets...

 

[El Sidd]

Yes Sir ......Govt should review the pricing ...now LNG price is 4.8 dollar mmbtu , Nawaz sign 8.4 mmbtu/15 years .... if Bangladesh can do it ...why not Pakistan ... its matter of billions of dollars. But our babu get kickbacks and write dirty contracts for few dollars in there pockets...

oh don't you worry. they will strike a deal for that too and you will see comments praising Imran Khan.

Nawaz was clever that he only dealt with companies who had direct links to either PM of that country or Royal family of that country.

Now this NRO will be hailed as major success and not to mention the Malaysian stash of Xardari

 

[HAIDER]

May be, I dont know much about this to comment; except that - even IK isnt using such words, so may be Pak doesnt have a strong case.

We have very strong case against this company.... Pak govt could get money through counter sue, they took Pak govt to international commercial court to recover that money. When ISI and FIA provide the report, that company went to back foot and involve there president to avoid counter sue.

 

[Kabira]

Wait so NAB story is true or not?

 

[HAIDER]

Ministers are useless , they know shit about all such matters. Their use is only to sign whatever their bureaucrats tell them too.
Give credit to Pakistani bureaucrats , diplomats and Probably good relations between Erdogan and IK.
And this true for every country

because babu has all files , they are the one who receive all contract files first . Then they frame MNA or MPA to execute there nasty wish of kickbacks

Wow now its great news of month

Watch this sir ...it was ISI sting operation against this company .. @Jinn Baba @Kabira @Dubious watch it ..

https://www.pakshows.pk/current-aff...g-pakistan-for-1-2-fine-settlementrauf-klasra

 

[Syed1.]

govt should counter sue this company ......Turkish president came forward to save it company from massive counter sue....... We Pakistani are too naive and compassionate ...

Pakistani ministers, bureaucrats and even PM at the time are signatory to the agreement with Karkay..... so on what grounds will Pak sue the company?

 

[HAIDER]

Pakistani ministers, bureaucrats and even PM at the time are signatory to the agreement with Karkay..... so on what grounds will Pak sue the company?

watch it ..
https://www.pakshows.pk/current-aff...g-pakistan-for-1-2-fine-settlementrauf-klasra

ham sab ko bail out karta han,,, koi hama bail out nahi karta .... really pissssed me off...

 

[Goku]

because babu has all files , they are the one who receive all contract files first . Then they frame MNA or MPA to execute there nasty wish of kickbacks



Watch this sir ...it was ISI sting operation against this company .. @Jinn Baba @Kabira

https://www.pakshows.pk/current-aff...g-pakistan-for-1-2-fine-settlementrauf-klasra

Essence of democracy. I bet politicians wont even turn a page to read anything. Bureaucrats run the country

 

[HAIDER]

Essence of democracy. I bet politicians wont even turn a page to read anything. Bureaucrats run the country

They are the mother of all corruption ...

 

[The Eagle]

Hats off to the team for all the efforts and results in record period of time.

That is the reason as why corrupt lot was crying sky high for inclusion of ISI, MI etc into high power committee for investigations as such.

 

[HAIDER]

Hats off to the team for all the efforts and results in record period of time.

That is the reason as why corrupt lot was crying sky high for inclusion of ISI, MI etc into high power committee for investigations as such.

Do you think govt will take action against those bureaucrats, company and PPP officials ? ...... no ... all got clean chit . Because Pakistan saved from massive fraudulent sue .. Imagine same case in West. There govt and court tear them apart. Plus, as long as the sue was benefiting the company, Turkish govt was silent. When all of sudden table turnaround , there govt jump in to save the foreign exchange and reputation of company ... this " maslihat pasandi" has killed us....

Pakistani ministers, bureaucrats and even PM at the time are signatory to the agreement with Karkay..... so on what grounds will Pak sue the company?

That is the problem, real culprit was company who wrongfully sued Pakistan and win the case. And pushing govt of Pakistan for the payment of 1.2 billion dollars.

 

[The Eagle]

Do you think govt will take action against those bureaucrats, company and PPP officials ? ...... no ... all got clean chit . Because Pakistan saved from massive fraudulent sue .. Imagine same case in West. There govt and court tear them apart. Plus, as long as the sue was benefiting the company, Turkish govt was silent. When all of sudden table turnaround , there govt jump in to save the foreign exchange and reputation of company ... this " maslihat pasandi" has killed us....

Allow me to disagree on few points. Speaking of culprits within bureaucracy involved in this case; you haven't seen how many agreed to become approver & many are pinned hence, the development/information being fetched. Secondly, Turkish government wasn't deliberately silent rather, Pakistan take the case when we found the illegalities in contracts. Don't you think that why Karkay will tell anyone about the bribes and all by themselves? but, IK put this up with Erdogan & President personally took interest as well as helped to resolve matter in short time so that our economy can be benefited. If karkey was, supposedly being blacklisted; had needed a lot of our energy as well as cost to fight the case before International Forum and then you can imagine the long lasting case. Here, it seems like we took initiative to boost our economy and our interests. However, I am not aware of all the T&Cs in this deal yet and only time will tell.

 

[HAIDER]

Allow me to disagree on few points. Speaking of culprits within bureaucracy involved in this case; you haven't seen how many agreed to become approver & many are pinned hence, the development/information being fetched. Secondly, Turkish government wasn't deliberately silent rather, Pakistan take the case when we found the illegalities in contracts. Don't you think that why Karkay will tell anyone about the bribes and all by themselves? but, IK put this up with Erdogan & President personally took interest as well as helped to resolve matter in short time so that our economy can be benefited. If karkey was, supposedly being blacklisted; had needed a lot of our energy as well as cost to fight the case before International Forum and then you can imagine the long lasting case. Here, it seems like we took initiative to boost our economy and our interests. However, I am not aware of all the T&Cs in this deal yet and only time will tell.

I posted old video of Rauf Kalaasra who surfaced this story first and later govt took it.