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Explosive findings unearth 450 billion scandal by outgoing MQM minister
Posted By MB On May 6, 2008 @ 4:16 pm In Breaking News!!, Media, Politics | Comments Disabled
Few days back speaking to general workers convention at 90, Altaf Hussain said MQM doesn’t take a second to kick workers out on corruption charges. Indeed it was a good show for the cameras but the harsh reality on the ground is quite contrary. Many of you have seen these clips on TV [1]recently but such stories are just formalities. Since poor chaps like WK cannot go beyond or take on BIG GUNS but at his place its a drop in ocean. THE NEWS makes a stunning disclosure yesterday about the biggest scam in the real estate history of Pakistan and which should have been all over NEWS papers today but since the GUN rules in KHI, publishing this story itself was a big deal for THE NEWS. Rauf Klasra has done a stunning job indeed.
Prime Minister Yousuf Raza Gilani has canceled with immediate effect 3,281 eligibility certificates issued by outgoing MQM housing minister Syed Safwanullah for government properties and accommodations in Karachi estimated to be worth Rs 450 billion.
Bulk of these properties was quietly sold in the private market by those who had received these illegal certificates. The prime minister who may face political pressure from his party’s new coalition partner in Sindh after this decision, has also ordered the immediate ejection of all those now illegally occupying these government properties and houses. The buyers of most of these government properties were given eligibility certificates by the housing minister during 2005-2008 but they sold them in the open market and disappeared. Read COMPLETE story [2]
Article printed from Karachi Metblogs: http://karachi.metblogs.com
URL to article: http://karachi.metblogs.com/2008/05/06/explosive-findings-unearth-450-billion-scandal-by-outgoing-mqm-minister/
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[1] seen these clips on TV : http://youtube.com/watch?v=ON3rTVXNAUI
[2] COMPLETE story: http://www.thenews.com.pk/top_story_detail.asp?Id=14511
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