Re: Imran Khan’s interview with Najam Sethi
I am surprised that you work in a financial institution and still defending this transaction. It’s a clear case of “conflict of interest” where money has gone to personal offshore company of one of the board members and even after 5-6 years lapse not a single penny has been paid to SKMH. Okay.. there is no verdict from the court that a “conflict of Interest” fraud has taken place in SKMH.. but again even Zardari’s billions are also not declared illegitimate by any court of law. The evidence is so startling that we can safely assume that this fraud has taken place.
I am not questioning your patriotic love.. but I can not ignore your cultish love for PTI and Imran Khan where you want to defend even some wrong-stupid act by him. I am again and again saying that I do not suspect any intentional wrong doing on the part of IK and I don’t believe that he has made personal gains from this transaction. In this case one of the board members was able to convince IK and his board to invest in this highly non-transparent personal venture luring them with windfall gains. It doesn’t matter if the board has committed a fraud or were so stupid to buy this story to invest money with such a weak collateral. The responsibility of this stupidity or fraud lies with the Chairman and the board of trustees SKMH… and it’s shameful to note that the Chairman is trying to wash his hands away by claiming ignorance to this transaction. Such an ignorant and stupid Chairman has no right to remain the Chairman of the board SKMH..
I don’t know which kind of experts have endorsed this transaction as you are claiming that your opinion is based on expert comments (Please show me a link where some credible experts have defended this transaction). The auditors of SKMH have expressed their dissatisfaction over the transaction and have qualified the SKMH financial reports by expressing their serious doubt about the return ability of this investment. In their opinion this amount should be struck off to give true financial picture to the stake holders.. which are donors in this case.