oyei
Local Club Captain
- Joined
- Sep 4, 2010
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you must be heart broken as you never expected such concealment from mr. Integrity![]()
lol!!!!
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you must be heart broken as you never expected such concealment from mr. Integrity![]()
Looks like this attack has backfired, if you are thinking about joining PTIVery few organizations in Pakistan are as transparent as SKMH and the amount of good work they do is by far one of best done by any organization in Pakistan. Politics aside, this is an attack on our most beloved and respectable institution, something which we are really proud of. I am sure most of us have been part of building or mantaining it by making donations and this makes it personal, at least for me. I am so disgused by this attack that I am seriously contemplating supporting PTI from now onwards. If only IK can keep his distance from the mullah party/DPC etc., hell, I might even join PTI.
PML-N has just hit rock bottom in my opinion. A big lanat on them.
Looks like this attack has backfired, if you are thinking about joining PTI![]()
I am joining zardari league led by the most honest and hardworking leader of pakistan
I am also a PTI member since IK founded the PTI in last century.
but because of this I am thinking to join JUI-F...
I thought Imran Khan did an excellent job of answering this allegation.
Unfortunately, these accusations are being made by those not understand the logic being an 'endowment fund'.
The money is an initial investment made into overseas opportunities. The loss is nothing, the gain can be substantial. The acquired funds will never be lost. If profit is not made, the money comes back.
It's comical to see allegations of 'money laundering'.
Looks like this attack has backfired, if you are thinking about joining PTI![]()
I watched IK's press conference and some TV show appearances after this scandal broke and I could feel the anger and frustration in his voice. While watching him defend SKMH I could not help but feel depressed and disgusted at the same time, to see that IK is now on the defensive regarding something which is perhaps his greatest achievement so far. He has been dragged down in the mud to the level of parasites like Kh.Asif and Ch.Nisar, to a place where hype, flase accusations and propaganda matters more than the truth. Where the narrative is driven by people with the most dubious background and reputation and where sensationalism has more resonance than facts.
This attack is so outrageously dishonest that I can't help but feel sympathy for IK. Attacking IK for his politics is one thing, but to attack SKMH is a very cowardly and cheap blow. Its times like these that I want to give up on Pakistan. Nothing is sacred anymore. We only have one cancer hospital for the poor and that also gets attacked for political point scoring. This country has literally gone to the dogs. As for joining PTI, I still disagree with IK on a number of issues and topics, I guess time will tell. You guys have plenty of loyal supporters anyways. Me being one of the few critics of IK on PP, just imagine how boring it will become.This subject though to me is a no brainer. I think every Pakistani should support IK and SKMH in this time irrespective of their political leanings or affiliations. SKMH is after all our own Hospital.
I have never seen Imran defending any accusation, like he defended this. One could feel the anger and pain in his voice.
I collected money for SKMH when I was a kid, by selling the tickets/coupons for Rs.100 each. I still remember that. I cannot describe how horrible it felt to hear Asif saying all that crap against the very hospital that the country can be proud of, and that I, and many others, have contributed towards (even though the contribution may be small).
PMl-N is a pathetic bunch, and so is anybody who is accusing Imran of all of this
Everyone I have talked to is absolutely pissed and in pain. their blood is still boiling because of such below the belt attack by PML(N) in the month of Ramadan.
the video in post #93 is evidence of that.
I thought Imran Khan did an excellent job of answering this allegation.
Unfortunately, these accusations are being made by those not understand the logic being an 'endowment fund'.
The money is an initial investment made into overseas opportunities. The loss is nothing, the gain can be substantial. The acquired funds will never be lost. If profit is not made, the money comes back.
It's comical to see allegations of 'money laundering'.
Everyone I have talked to is absolutely pissed and in pain. their blood is still boiling because of such below the belt attack by PML(N) in the month of Ramadan.
the video in post #93 is evidence of that.
no one said politics isn't a dirty game. If Imran really wants to lead, he needs to get his hands dirty too
Could not agree more, but yet people will still go out and vote for the likes of PML-N, some people get the rulers they deserve.I watched IK's press conference and some TV show appearances after this scandal broke and I could feel the anger and frustration in his voice. While watching him defend SKMH I could not help but feel depressed and disgusted at the same time, to see that IK is now on the defensive regarding something which is perhaps his greatest achievement so far. He has been dragged down in the mud to the level of parasites like Kh.Asif and Ch.Nisar, to a place where hype, flase accusations and propaganda matters more than the truth. Where the narrative is driven by people with the most dubious background and reputation and where sensationalism has more resonance than facts.
This attack is so outrageously dishonest that I can't help but feel sympathy for IK. Attacking IK for his politics is one thing, but to attack SKMH is a very cowardly and cheap blow. Its times like these that I want to give up on Pakistan. Nothing is sacred anymore. We only have one cancer hospital for the poor and that also gets attacked for political point scoring. This country has literally gone to the dogs. As for joining PTI, I still disagree with IK on a number of issues and topics, I guess time will tell. You guys have plenty of loyal supporters anyways. Me being one of the few critics of IK on PP, just imagine how boring it will become.This subject though to me is a no brainer. I think every Pakistani should support IK and SKMH in this time irrespective of their political leanings or affiliations. SKMH is after all our own Hospital.
just a question, has anyone asked to post the annual report for year 2011?
![]()
SKMH's Fiscal year ended in october 2011 and according to the CEO of SKMH the accounts for 2011 will be audited by october 2012. you could see the date on Financial report from 2010 on SKMH it is stamped october 2011 so for the year 2011 it should be out in october 2012.
SKMH's Fiscal year ended in october 2011 and according to the CEO of SKMH the accounts for 2011 will be audited by october 2012. you could see the date on Financial report from 2010 on SKMH it is stamped october 2011 so for the year 2011 it should be out in october 2012.
I was a neautral on this whole issue but after watching this show I have to say PML(N) have really lost it.
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MSRN, I saw video for few minutes and I do not think CEO was able to defend anything, for example:
1- Conflict of interest...CEO acknowledged that it was a conflict of interest but it was open.on this logic...as if you announce the conflict of interest, it does not mean that you resolved the conflict.
2- Guarantee...CEO said that "company" gave the guarantee on "company's" letter head...That's not a guarantee in financial terms.
3- SHMH is in Pakistan, "independent entities" are created to collect fund for SKMH but that donation invested abroad. How the money move in and out of country?
4- CEO could not provide the details about the rating/standing (i.e AAA etc) of the company.
When?
any information on that?
How much net loss as compared to if invested with fixed profit?
The Conflict of interest part is valid to the extent that there was a conflict. The best way to handle such a conflict is to avoid it all together and that was a slight lapse in judgement I feel from the SKMT board. The second best way to mitigate the conflict of interest is to disclose it, which happened in this case. Now the onus is on PML-N to prove that this person personally benefited from this conflict of interest to make it into an issue, if no personal or professional gains were made than there is no issue at all.
This happens all the time in the scientific world. Researchers receive grants from numerous pharma companies while studying or making some new drug, and once they publish those findings in a journal or present in a conference etc. those conflicts of interests are listed prominently so before anyone reads that study or listen to that lecture, they know that persons sources of funding. There is nothing abnormal about it.
You are asking questions you know I can't possibly have answers for. This information is provided on the contractual terms signed for the endowment fund.
The net loss on the fixed profit will be endured by the institution handling these funds. Considering these endowment funds are long lasting, they tend to balance out over time. It's a move to secure the financial future of SKMH, but keep the present safe. Based upon contractual dialogue; SKMH can pull out their invested funds at any point in time.
I am still perplexed why an endowment fund is being viewed with such sceptical eyes? It is a financial tactic used be numerous charitable organizations to better their financial position.
Endowment funds rely upon 'perpetual efficacy', the client has contractual control over his/her funds. This is not thrown away money that can be lost forever.
In hindsight, I think the management board of SKMH had a slight lapse in judgement.
There should have been an official document stating the nature of the endowment fund, the spending policy and the donations being used.
If I am correct, there is no such document. It's not a necessary document, but is often used by sensitive non-profit organizations as a safety barrier. Could have saved Imran Khan a lot of time instead of having to fight off these oddball allegations.
If there is such a document, obviously my point is rendered useless. In that case, I would love to see the document as it'll hold most of the answers and completely shut the critics up.
Thanks for the reply.
I got the answer from MSRN's clip.
By the way, SKMH is not going to get back the money.
Zaradari is Chairman of PPPP and also president of Pakistan..
This is a conflict of interest and he "disclosed" it on day one.
his critics ought to shut-up?
I am not seeing how my post is highlighting 'conflict of interest'.
It is talking about the endowment fund being officially disclosed and discussed by SKMH.
An official document would have been released at the time of the contractual signing. It would have given critics nothing to talk about or accuse SKMH of.
Unfortunately, this was not done and now Imran Khan has to listen to this nonsense.
If there was an official document in place, all Imran Khan would do is throw it in their face along with the balance sheet. At the moment, PML-N are using this as being a 'blind side' move by SKMH, when it really wasn't. It simply wasn't paraded around because SKMH is no political tool.
Has IK dis-associated himself from the trust of skmh?
Has IK resigned from PTI chairmanship?
PTI use the skmh as a card to get votes...so PTI need to answer these questions..
So whose stopping Pml-n's to get votes?
I mean why don't Pml-N take initiative and build a hospital, double of the size of shaukat khanum and triple in the technology employed, in the vast land owned by the shariffs in raiwind. . If they think that Imran khan will sweep them or manage to win few seats just because he has built a hospital. Take a step and make a hospital.![]()
...because they aren't pulling their money out of the fund. $3 million is granted money.
Unfortunately not, "that" guarantee is not backed by any bank.
While I was working in UAE, even for small things, our company had to back each and everything with bank guarantees.
:BPL
My personal opinion: UAE is one of the most corrupt countries in the world.
Oman and other Gulf countries are also not much different.
Desperate tactics from Noon League - felt like punching Mushaid Ullah Khan through the TV after watching him scream his head off on 11th Hour with Waseem Badaami.
We speak of American presidential candidates sucking up to Israel and AIPAC for their approval - well this is also just as morally reprehensible, albeit in a different way. When you're willing to drag yourself down into the sewers, like Noon League has, how can anyone with any sense of morality and integrity still support you?
My fear now is that, no matter what Imran has said or says from now on, this wretched excuse for a political party will act as if their shambolic allegations are credible and true.They will do their best shove it down the throats of everyone. Sawaal yeh hai ke awaam bewakoofi ka rasta ikhtiyaar karey gee, yaan Noon League ko jhootiyon ke saat moon par thappar maarey gee?
I have a feeling that this move will backfire, and in fact, sort of already has. A lot of people who are not pro-PTI, are pissed off at PML-N attacking SKMH.
MSRN, I saw video for few minutes and I do not think CEO was able to defend anything, for example:
1- Conflict of interest...CEO acknowledged that it was a conflict of interest but it was open.on this logic...as if you announce the conflict of interest, it does not mean that you resolved the conflict.
2- Guarantee...CEO said that "company" gave the guarantee on "company's" letter head...That's not a guarantee in financial terms.
3- SHMH is in Pakistan, "independent entities" are created to collect fund for SKMH but that donation invested abroad. How the money move in and out of country?
4- CEO could not provide the details about the rating/standing (i.e AAA etc) of the company.
watch from 12:00 onwards!
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I have a feeling that this move will backfire, and in fact, sort of already has. A lot of people who are not pro-PTI, are pissed off at PML-N attacking SKMH.
Yes with evidence of there being an increase in donations to SKMH. Lannat hai Noon League par for doing this. It's worse than gutter politics and shows that they are actually are seriously fearful of PTI grabbing their precious seats in Punjab. Mushaid Ullah was about to cry - I've noticed that of late he's turned into Noon League's Sharmila Farooqi/Shazia Marri.
This whole episode is now a bit of a test of just how jaahil/samajhdaar this qaum actually is.
Are you saying that anyone who believes these accusations is a jahil
Desperate tactics from Noon League - felt like punching Mushaid Ullah Khan through the TV after watching him scream his head off on 11th Hour with Waseem Badaami.
We speak of American presidential candidates sucking up to Israel and AIPAC for their approval - well this is also just as morally reprehensible, albeit in a different way. When you're willing to drag yourself down into the sewers, like Noon League has, how can anyone with any sense of morality and integrity still support you?
My fear now is that, no matter what Imran has said or says from now on, this wretched excuse for a political party will act as if their shambolic allegations are credible and true.They will do their best shove it down the throats of everyone. Sawaal yeh hai ke awaam bewakoofi ka rasta ikhtiyaar karey gee, yaan Noon League ko jhootiyon ke saat moon par thappar maarey gee?
Stupid or naive, both of which have roots in jahaalat.
that guy is an idiot and has no tameez at all.Must watch this video from 3:00 onwards
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And it is for idiots like Mushahidullah, that PTI must use guys like Imanullah Niazi. He can take them on, just like he took on the toothless jahil Shakeel Awan.
he definitely owned Shakeel Awan in that kal tak show.looks like PML(N) is a party of Ghundays Rana Sanaullah,Mushahid ullah and jahils like Shakeel Awan.PML(N) have really damaged their reputation and they have been badly exposed after these false accusations on SKH and Imran Khan.
Khawaja Asif is an honourable man who has done a very dishonourable deed. Desperate measures in desperate times by desperate men usually end up badly. This is what has happened to the blistering but cringe-worthy attack on Imran Khan by the PML-N MNA from Sialkot.
The allegations themselves will slowly fade away into political oblivion, but the wound will not heal so swiftly. Khawaja Asif will find it hard to live down this sorry episode. The attack aimed to maim Imran Khan will leave deeper scars on Mr Asif’s political stature, and affect his own party’s credibility.
So what was the good Khawaja thinking?
Pressure makes men do funny things. And pressure is what the PML-N is feeling. In many ways, the party leadership has made a mess of its politics. Flip-flopping on issues, blowing hot then cold against the government, threatening long marches and resignations and then retreating into hibernation, the party which was once seen as the government-in-waiting is now struggling to come up with a viable, coherent and clear message.
In other words, the party is haunted by its own contradictions. What does the PML-N stand for today? Even within the party, many may not have the answer.
Add to this, the woes of performance anxiety in Punjab. Chief Minister Shahbaz Sharif may be the hardest working politician of all, but he has precious little to show for his four-year reign. His men would list out forgettable achievements, but what stands out in public memory are disasters like Sasti Roti scheme. If governance pressures were not bad enough, fissures within the party have ruptured like a wound stitched up by a bad doctor. The very bitter and acrimonious divorce from the Khosas has dented the party more than it is willing to admit.
All is clearly not well in the House that Sharif built.
Outfoxed by the wily President, and squeezed within their own backyard by the menacing rise of Imran Khan, the Sharifs have been forced to play on other people’s wicket. Gone are the swagger and the uber-confidence that party stalwarts exuded before the PTI juggernaut rammed into them on October 30 last year. Khawaja Asif epitomised this cocksure attitude that his party men wore on their sleeves.
He’s had reason to. Since the early 1990s Mr Asif has been digging out scams and exposing them in Parliament. In the process, he acquired a reputation of a man in the know of things. With a solid professional background in finance, he knew where to look for irregularities and how to make sense of them. As a backbencher in the parliaments of the 1990s, he was hyperactive and effective, and slowly emerged as a frontline leader for his party. Competent, clean and conscientious, Mr Asif was taken very seriously whenever he spoke on the floor of the House, or in the media. Within the party too, he gradually acquired centre stage and was admitted into the very close Sharif circle. The Musharraf years burnished his credentials even more as a forceful and vocal parliamentarian.
By the time Sharifs returned to Pakistan, Mr Asif had become a heavyweight in Pakistani politics. Always confident - bordering on cocky - he relentlessly pursued corruption cases in the Supreme Court, and won repeatedly. It seemed the man could do no wrong.
Until now. Ever since Imran Khan’s blockbuster rally in Lahore, the PML-N leaders were going around saying PTI was a seasonal phenomenon that would blow over. First they dismissed Khan as an ISI creation, then they condescendingly called him a political flyboy who had peaked too soon, and finally they branded him an ‘Establishment’ child whose popularity would wither away once General Ahmad Shuja Pasha faded from scene. But this public posturing did not hide a growing concern within the party that the Imran threat had been taken too lightly.
He had to be sorted out the traditional way.
And who better to dig up financial dirt than Mr Asif. The objective was clear: hit Imran where it hurts. The logic went like this: if “Mr Clean” can be damaged through allegations of financial impropriety, the very foundations of his politics would start to crumble. Once Imran is perceived as just another politician, he would lose his political sheen and will be forced to play on the traditional wicket. The PML-N had in mind the devastating impact of the Sita White scandal, which the party had hurled at Imran in 1997. The scandal had crippled Imran’s electoral prospects in 1997. If the PML-N could do it then, why not now?
But times change. Situations change. Men change. PML-N did not. Khawaja Asif did not. Now they are paying for this humungous blunder.
The charges framed by Mr Asif against Imran Khan are not just laughable, they betray a poor understanding of how charitable institutions and their endowment funds work. One did not expect Mr Asif to be so shoddy with his homework, and so short-sighted and malicious in his approach. It is now clear that Imran Khan had no say in the decisions made by the board of the fund to make investments. Equally clear is the fact that no corruption or money laundering was involved anywhere. At the worst, some bad investment decisions were made, but this is hardly the stuff that scandals are made of.
Khawaja Asif swung blindly, and punched himself in the face.
The fiasco has exposed many. Mr Asif has diminished his own stature and depleted his credibility as someone who knows what he is talking about. His gravitas has shrunk. His party has also confirmed its desperation in face of the PTI threat. In doing so, it has reignited fears that it will stop at nothing to damage its opponents, and that worse may be in store. The PML-N has enveloped itself in a very foul political smell. And finally, Khawaja Asif’s blunder has provided PTI and Imran Khan a higher moral ground, which he and his party are now using with devastating effect to damage Sharifs’ financial standing.
So next time you want to know what it feels like to bite off more than you can chew - and then choke on it - go ask Khawaja Asif!
2009 report was done on July 12...still almost 2 quarter late.