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How Mr clean Musharraf became a billionaire?
The former military dictator Pervez Musharraf accumulated billions in offshore accounts besides the property that he has already purchased abroad or inside Pakistan, alleges a report in a leading Pakistan Newspaper.
During the early months of his taking over as a military
dictator following his coup against the Nawaz Sharif government, General
Musharraf made his wealth public, which hardly contained any cash but only
some plots in different parts of the country. Musharraf claimed to be the Mr
Clean of Pakistan.
How did he become a billionaire is a million dollar question? Owing to the broader scope of the commission of inquiry and its power mentioned in the TORs, the commission is fully empowered to summon him and ask him the details of his offshore accounts, a task which couldn’t be done by the accountability bureau and investigating agency. says the report.
In yet another UAE
Dirham account in the same financial institution — the Union National Bank —
Sehba and Musharraf had almost UAE Dirhams 7,600,000 (Rs174 million) last
year. The account No is 4003006700. In the fourth account, No4003006711, in
the Union National Bank, the duo had UAE Dirhams 8,000,000 (Rs184 million).
In the fifth account No4003006722 in the same bank — the Union National Bank
— Musharraf and his wife had $8,000,000 (Rs728 million). In the sixth
account No 4003006733, Sehba Musharraf and Pervez Musharraf had UAE Dirhams
8,000,000 (Rs184 million) last year. In the seventh account No4003006744, in
the same Union National Bank, the duo holds UAE Dirhams 8,000,000 (Rs184
million). In their eighth account in the same bank — the Union National Bank
Abu Dhabi — the duo had $1,300,000 (Rs118 million).
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Posted on August 22, 2017
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India's River Diversion Plan and South Asia's Waters
More dams are to come, as India’s need to power its economy means it is quietly spending billions on hydropower in Kashmir. The Senate report totted up 33 hydro projects in the border area with Pakistan. The state’s chief minister, Omar Abdullah, says dams will add an extra 3,000MW to the grid in the next eight years alone. Some analysts in Srinagar talk of over 60 dam projects, large and small, now on the books. (This special report has appeared in the Bulletin on Current Affairs - February 2012, you may have to Buy the print edition to read full story)
More in the Edition:
South Asia's Water - a growing rivalry
Indian, Pakistani & Chinese Border Disputes
India's River Diversion Plan: Its impact on Bangladesh
Water Crisis can Trigger nuclear war in South Asia
Reclaimed Water - the Western Experience
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