Re: Musharraf returns
Bhai, aap suni sunaee batoon per kuch zaidah yaqeen kar laytay ho :).
Pakistan was selling SM for ~$500 million (plus expected share in profit and taxes) when in world of business an entity is worthless if they are loss making. Many world Steel Mill in much better condition then PSM got sold for much less. Result is that, instead of Pakistan receiving money for SM, has already spent over several billion dollars in bailing out PSM, and still the mill is running on continuous loss. Will Iftikhar going to compensate Pakistan for the losses he caused to the nation on PSM case.
Anyhow, if PSM would have got sold then Musharraf would not have got anything, rather it was open bidding and Pakistan treasury would have got all the money.
Main contention was that, media started circulating stories of Iftikhar corruption, and that forced Musharraf to take action against him, else Iftikhar was the blue eyed boy of Musharraf, and that is the reason he promoted him twice … once from Baluchistan high court to Supreme Court and later made him CJ of Supreme Court. Musharraf also raised salary of SC judges from around Rs 20,000 a month in 1999 to around Rs 140,000 a month in 2007.