What's new

PM Imran met Mohmand Dam bid winner representatives, claims Dr Saleem

So how is meeting a potential investor an act of corruption?

Explain in detail pls.

Forget his details he is a nincompoop China Gezhouba Co received a letter of reprimand as its affiliates (which were barred for some 1.5 years) had corporate compliance issues during their contract on Chinese projects. This from the World Banks page "The agreement signed between the World Bank and China Gezhouba Group Co.Ltd took note of the extent of cooperation that the Group and its subsidiaries' demonstrated and the extent of proactivity and remedial action taken by the companies to ensure that this misconduct does not recur." Thus those issues were duly rectified. This happened in 2005 and in 2006 World Bank contracted the same Group for work in Indonesia. http://projects.worldbank.org/procurement/contractoverview?lang=en&contr_id=1540209
 
So how is meeting a potential investor an act of corruption?

Explain in detail pls.

This ought to be self explanatory. As i had explained earlier, allegations can be leveled that the modus operendi of awarding the contract was discussed in the meeting and thereafter executed as per the deal. How the money flowed ought to be investigated by NAB. Infact this is what PPP is demanding.
 
For what it's worth I don't like the look of this. The situation is ambigious. The bidding process began before PTI government took office, the bids were opened before elections. However the final decision was made on present government's watch. There may or may not be any irregularity but fact is this government must not give any fuel to it's detractors. Therefore tragic as it is, I know Pakistan desperately needs dams and any delay now could cost another year but still the government needs to look into this.

This problem also happens in UK. Having people from private sector is vital as it introduces fresh ideas into government policy but it also increase the chances of something like this happening. So if the drama over this does not subside I think government should cancel the award and reopen bidding sans Descon.

This ought to be self explanatory.
A PM has to meet investors. That is one of the most critical part of the job. Meeting and attracting investors. However the caveat is non of it should benefit the PM personally.
 
[QUOTE="A PM has to meet investors. That is one of the most critical part of the job. Meeting and attracting investors. However the caveat is non of it should benefit the PM personally.[/QUOTE]

Yes,however, in the instant situation, the waters are muddied due to involvement of Razak Dawood who is his adviser and was the Chairman of the company when the bids were submitted and his son took his place when the bids were accepted.
 
View attachment 531118

ISLAMABAD: Dr Farrukh Saleem, who was supposed to be appointed as the government’s spokesperson on the economy in October 2018, revealed that economic adviser Abdul Razak Dawood facilitated a meeting between Prime Minister Imran Khan and Gezhouba company representatives during the premier’s recent visit to China.

The joint venture of Descon owned by Adviser to PM on Commerce, Textile, Industry and Investment Abdul Razak Dawood and the Chinese company, China Gezhouba, won the bid for the construction of the Rs309 billion Mohmand Dam in Pakistan.

Dr Saleem, who was speaking to a private TV channel, said that the premier did not meet any other private company representatives on his visit.

“Getting important contracts while being in government is a classic case of clash of interests. The profits are also a form of corruption. It appears that the government has good intentions but lacks planning,” said Dr Saleem.

He said that the $1bn given by Saudi Arabia was spent within 16 days.

“How long will the country be run on loans? There are interests not friendships between the states, we should know that there are no free lunches,” he said.

Dr Saleem said that Pakistan received a loan on 2.8 per cent interest rate from the UAE and on 3 per cent from Saudi Arabia. He warned that unlike in the previous tenure, the circular debt is rapidly increasing hence raising uncertainty which is detrimental for businesses.

“We didn’t get the desired result by devaluing the rupee. The inflation has increased twofold. The former finance minister in order to stabilise the rupee threw $9bn in the market,” he added.

https://www.pakistantoday.com.pk/20...-bid-winner-representatives-claims-dr-saleem/

@Maarkhoor @Yaseen1 @CIS-TRANS @Canuck786 @BATMAN @Major Sam
@Tameem @SmartGeek @Jinn Baba @Umair Nawaz @Kabira @volatile @Baghial




#FakeChange
#Hypocrites
#Shame
They are new to even corruption.....
Give them some time...
They will learn this too....
 
What did you explain, all you're doing is trolling Pakistani threads.

This ought to be self explanatory. As i had explained earlier, allegations can be leveled that the modus operendi of awarding the contract was discussed in the meeting and thereafter executed as per the deal. How the money flowed ought to be investigated by NAB. Infact this is what PPP is demanding.
 
Propoganda busted : PM Imran Khan met both bidding companies China Gezhouba and Power China company during his visit to china


Impression was given that PM Imran Khan only met China Gehouba as a conflict of interest

---------------------------------------------------------------------------------


BEIJING: November 03 – Chairman Power China, Mr. Yan Zhiyong calls on Prime Minister Imran Khan. APP


November 3, 2018

APP80-03PM-Beijing-696x568.jpg



Source:

Associated press of Pakistan


https://photo.app.com.pk/photo/2018/11/beijing-november-03-–-chairman-power-china-mr-yan-zhiyong-calls-on-prime-minister-imran-khan-app/

PM Imran Khan Meet With Mr.Yan Zhiyong Chairman Power China

Also present are Railways minister Sheikh Rashid,Finance Minister Asad Umar,Foregin Minister Shah Mehmood Qurashi,Federal Minister for Maritime Affairs Ali Zadi,CM Baluchistan Jam Kamal and Khusro Bakhtiar Minister Water Resources






---------------------------------------------------------------------------------


First contestant -- Descon, the company owned by the Prime Minister’s Adviser on Commerce and Industry Razzaq Daud, China Gezhouba and Voith Hydro

second contestant — a consortium consisting of the Frontier Works Organisation (FWO), Andritz Hydro and Power China


Source:

Dawn News

January 02, 2019

(Second Paragraph)


https://www.dawn.com/news/1455011
 
Last edited:
Yes,however, in the instant situation, the waters are muddied due to involvement of Razak Dawood who is his adviser and was the Chairman of the company when the bids were submitted and his son took his place when the bids were accepted.
True, which is why I said the situation is ambigious. A Prime Minister must above all else meet, attract and win over investors. The caveat is he/she should not benfit personally. Of course that also extends to his ministers and advisors. This is Pakistam. It's not like we have 99 construction companies with the ability to build dams. Descon is one of the few [largest?] and just because Dawood is advisor it can't be penalized by not being given the contract. I mean who would from the corporate sector want to work in government if you knew by doing so your company would be penalized. However it is very important the process is above board because as I said detractors are going to jump on this especially from PPP hoping it will take the heat off their 30 years of plunder.
 
Wait, what?:o:
Yes..so ..? Our financing requirements /CAD was 2b/yr..
The 12 b money isnt suppose to stay but help us avoid default ..

Otherwise we wouldnt have been running around

True, which is why I said the situation is ambigious. A Prime Minister must above all else meet, attract and win over investors. The caveat is he/she should not benfit personally. Of course that also extends to his ministers and advisors. This is Pakistam. It's not like we have 99 construction companies with the ability to build dams. Descon is one of the few [largest?] and just because Dawood is advisor it can't be penalized by not being given the contract. I mean who would from the corporate sector want to work in government if you knew by doing so your company would be penalized. However it is very important the process is above board because as I said detractors are going to jump on this especially from PPP hoping it will take the heat off their 30 years of plunder.
Bidding was done open and was completed even before the govt came in...dawood doesnt hold official position in DESCO so no conflict of interest ..
Lets delay the project for another year
Opposition is afraid that if a dam is built it will hurt them politically

Yes during an active budding it would have been an issue
Dawood family is involved in almost all business to get a business man involved in your govt and to expect absolutely no affiliation of that family (he himself has retired) is stupid
 
Pakistani nation needs these Dams...much needed...if someone has something against...plz go to court...dnt politize
Then what's the difference between patwari and you?

As a nation we need corruption free Pakistan also
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Back
Top Bottom