Pakistan

Jahangir Tareen denies any loan write-offs

Pakistan Tehreek-e-Insaf leader says State Bank’s letter was withdrawn with apology

Our Correspondent April 27, 2016

Pakistan Tehreek-e-Insaf leader says State Bank’s letter was withdrawn with apology. PHOTO: WASEEM NAZIR

ISLAMABAD: Pakistan Tehreek-e-Insaf leader Jahangir Tareen has denied getting loans written off for his companies as alleged by the information minister a day earlier, citing a letter from the State Bank.

Pervaiz Rashid had said Imran Khan was not accepting the government’s terms of reference for the Panama leaks commission only to save Tareen from the graft inquiry. Referring to a State Bank document, the minister accused the PTI leader of getting Rs49.8 million of loans against his several companies waived off from various banks.

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On Tuesday, Tareen hit back at Rashid, saying he never got any loans written off in his entire life.

He accused the media cell of the Prime Minister House of running false stories about him.

“I took part in elections in 2002, 2008, 2013 and 2015 but no one challenged my election on these issues,” he said. The letter the information minister is referring to was taken back by the State bank with an apology in 2013.”

Tareen vowed to provide all evidence of mudslinging against him to the media with proof. “I will tell the name of the officer in the PM House media cell who is spreading these news stories by contacting journalists,” he said. “This media cell cannot save its corrupt prime minister from the Panama leaks scandal.”

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Talking to a television channel, the PTI leader said he had given the State Bank’s clarification letter to the media. “The PML-N is in trouble and wants to save its leader through propaganda and false news stories against others,” he said.

He added he paid Rs250m as income tax during the past five years. “How much did Nawaz Sharif and Shahbaz Sharif pay?” Tareen questioned. TRANSLATED BY ARSHAD SHAHEEN

Published in The Express Tribune, April 27^th, 2016.

COMMENTS (10)

Ahmed | 8 years ago | Reply Regardless, if his loans were right-off or not,NS has to come up clean. After all NS is prime minister and has no comparison with any one else. NS has to prove how money was transferred to panama, and how he made that money. How his children started Business outside Pakistan?

Hafiz | 8 years ago | Reply Full story is that JT bought the company form his son-in-law who was one of the owners of the company. JT used his influence being a crony of Musharaf to have all the debts of his son-in-law's company waived and later he purchased the company himself. The company is still liable which must be sold off to received debts and JT's son-in-law must be brought to task. No selective justice please.

VIEW MORE COMMENTS

Asad | 8 years ago | Reply PR Productions Ltd thought they will catch Jehangir Tareen in Panama Leaks probe commission as well but mission failed.

Mohammed | 8 years ago | Reply NS needs to answer the simple questions posed by every sane PK, Where did the money come from, was the tax paid on it and how did it get abroad. No more evasion of these simple questions.

sabi | 8 years ago | Reply Haha they are looking for face saving, the bunch of corrupt pti walas. They are running away from accountability.

raza | 8 years ago | Reply Pakistan can provide for human need but not for human greed. We have too many greedy people in this country that are looting the poor.

Fawad khan | 8 years ago | Reply And why was nawaz sharif waiting for panama leaks before releasing this information. And why havent they taken any action against him, it is the 8th continuous year of pmln in punjab.

salman | 8 years ago | Reply After SKMH, another lie of pmln exposed. Can't wait to see what excuse they come up with next? Maybe asad umar went abroad and used an ATM at Dubai airport which proves he has offshore account? Lol

rehan | 8 years ago | Reply It is too late the word is out. Just like any one else why would he admit loan write offs. It is the same old stories for every one. I said it before and will say it again it is not about Pakistan PTI is making that much noise . IT IS ABOUT THEM AND GETTING TO POWER USING THE POOR PEOPLE IN THE PROCESS .

Shahid | 8 years ago | Reply Lets consider for an instance even if he has, he's not the Prime Minister of Pakistan! Mian Nawaz Sharif must come clean.

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