Re: Imran Khan’s interview with Najam Sethi
I think yazdi overstated things a bit, and took them out of context, intentionally or unintentionally.
Regarding the investment, Imran said that 1) He personally has no say in the operational affairs of SKMH, so to drag him, or PTI into it is asinine. 2) Investment was made in an ex-director’s company, from which they have a clear underwriting that if there is a loss, SKMH will not bear it, and the director’s company will reimburse SKMH in full within 1 year. 3) In order to stress his commitment to ensuring that SKMH does not take a loss on this, he personally pledged to sell his property in order to make up this loss, IF it came to that. Otherwise, there is no indication that any misappropriation has taken place…and the company in question is worth billions…so underwriting a $3million loss is not a problem for them, which is why the investment was made in the first place under the umbrella of such a guarantee.
And finally, the money used had come from overseas donations, which were put into an endowment fund, the details of which are clearly laid out in SKMHs annual reports. I dont know why despite documented evidence, the media refuses to accept a fact for a fact. No wonder everyone talks about ‘lifafas’ and vested interests.