Sharif brothers were involved in corruption worth $32m: Rehman Malik
Addressing a press conference, Malik showed some documents allegedly revealing corruption of Pakistan Muslim League (PML-N) chief Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif. “Each and every booklet speaks of their corruption.”
“I want to ask you only one thing Shahbaz Sharif: Tell me where did you get this $32 million from? I will prove that this is the looted money of this poor nation,” he added.
Malik said that this was just the first episode and he will later reveal the alleged corruption in further detail.
He asked the Supreme Court to take a suo moto notice of the scam in which the precious money from the national exchequer was sent abroad.
He said that being a Minister for Interior, he could have directed the Federal Investigation Agency (FIA) to register a case against those involved in money laundering scams and get them arrested, but he decided to refer the case to the NAB for an independent inquiry.
However, in strange turn, the minister admitted that collecting proofs against the Sharif family's corruption was his personal endeavour. This was the beginning and he would expose more of their corruption acts with documents in the days to come, he said.
Giving details about the scam, he said the Hudabiya Paper Mills Limited, owned by the Sharif family, entered into a leasing contract with M/s Al Towfeek Company for investment funds under the laws of the Cayman Islands on February 15, 1995 for lease of paper manufacturing machinery. The leasing price was US $12.046 million. He said Mian Muhammad Shahbaz Sharif and Mian Muhammad Abbas Sharif and another person provided guarantee in writing to pay jointly and severally to the Leasing Company all sums due against the Hudabiya Paper Mills under any agreement up to a maximum of US$10million with all profits and charges.
Rehman Malik said that on February 15, 1995, Mian Shahbaz Sharif provided another guarantee to pay on demand to the Leasing Company any such due against the Hudabiya Paper Mills up to a maximum of US$ 12.046 million together with all profits and charges.
However, the paper mill failed to make the payment on the first due date or any date thereafter, Malik said, adding on July 31,1998, M/s. Al Towfeek Company served a demand to pay a sum. However, all the three guarantors failed to honour their guarantees to make payment on behalf of their company. The Interior Minister said that on March 18, 1999, the High Court of Justice Queens Bench Division delivered a judgement, declaring them defaulters and ordered Mian Shahbaz Sharif to pay the amount to the company.
Talking about other cases, Malik mentioned the involvement of Sharifs’ in scams such as the Mehran Bank scandal and said he would soon reveal solid documents to prove their corruption. He said htat the first National Reconciliation Ordinance was introduced between Main Nawaz Sharif and former President late Farooq Ahmad Khan Leghari, and that both had benefitted from that deal due to which the government of Benazir Bhutto was dismissed.
He also mentioned the second NRO of Mian Nawaz Sharif under which he and his family were allowed ot travel to a friendly country by General Pervez Musharraf.
Malik boldly stated that when he first disclosed the agreement a few months back, no one challenged nor contacted him. The Interior Minister said Sharif brothers had also made a deal that General Pervez Musharraf would be spared.
Answering a question, the minister said it was true that he may face life threats, but "it is my commitment that I would uncover their corruption."
He said the fifth year of coalition government of Pakistan People Party was currently underway and "I appreciate the present army leadership for its support to the promotion of democracy and democratic institutions."
He lamented attitude of the Sharif brothers especially during last few days, saying their efforts to topple the government and to derail democracy would be countered in all terms.
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Nwaz made 25 units with the profit of one unit, very good. Did he pay the tax of equal lent amount (profit amount)? if not, he is corrupt, simple is that.
Rehman Malik tells lies only when he: 1. opens his mouth 2. asks somebody to write for him (he has difficulty writing) He is also a bad confessor. The style of his confession would be: 1. God made me do it 2. I know I am better and faster than Nawaz Sharif. When Nawaz Sharif was THINKING of steeling one dollar, I was forced to steel a million, just to show I my plans are larger and execution better: I do it , while he is only thinking.
Mr. Malik should be thrown behind bar for conceiling all this information for such long time. Democracy is the best revenge. :(
looks like samjohtaa express ascome of the rails lots of casualties lol i fear for these ppl so not
lol looks like samjohtaa express has come of the rails could. be lots of casualties
You are right but would you like to explain that what about Zardari who is accused of $60m in Swiss bank accounts and what about yourself about your most expensive flats in UK in the most expensive area?????
Reminds me of what happened in India of late. This is exactly what dig vijay and company started doing to Anna hazare and kejriwal when the congress was cornered. So my dear fellow Pakistanis, you are not alone - we Indians are competing head on with you in terms of corruption and shameless politicians. Who knows, we might even beat you here
It takes Mr. Malik 5 yrs to figure this out. And how atrocious can the timing be, just as the contempt case verdict appears the guns come ablazing. WWE has bettter scripts than this. Once Mr. Nawaz Sharif is put back to his place with these threats of accountability, all will be well again , just like the Go Zardari Go movement died, this too will be short lived.
here we go again, something what use to happen in 1988, 1990 and so on. Prove two things please! Mr Malik 1- Mr President $60 million and $32 million and Sharif brothers.
thx
Why do we act as thought there are only a handful of people in Pakistan who are corrupt?
Corruption has spread far, wide and deep. Who are you kidding? Is it just BB, AZ, NS and SS?
Give me a break guys and girls.
Finally, is this something new?
....and nothing will happen. Later they will all sit together and have a good laugh.
Pot and cattle both calling each other black
When you do NOT have legs to stand on, start throwing mud at others. In good old days they used to say 'chor ki dahri mein tinka'. Can he protect Zardari this way, what makes him think that the world a bunch of idiots and he is the smartest guy. He should know that he is doing is an insult to Pakistan's culture.
Why didn't you cry "FOUL" when their hands were in the till ??
says who ... Rehman Malik ? ... lol
MALIK accusing someone of corruption... u gotta be kidding ..... lol
In essence, we are being told in clear terms that these are thoroughly corrupt politicians.
I appreciate Dr. Rehman malik. He has dared devils of Pakistan. No one dared to do this.This is an excellent step towards accountablity of real corrupts of this country. If we assess the history, then we will figure this out that sharif brothers have always played foul. They have taken a lot of NROs and their corruptions were covered under NROs. Except PML-N, all other political parties' workers and leaders presented themselves for accountability. Now it is the turn of PML-N to present itself for accountability. Hats off to Dr. Rehman Malik.
@YP Toronto: because the courts are kind to pml n and religious terrorists!
Why has he been waiting for four years to disclose this case. PPP and PML(N) both are corrupt parties. They will always protect each other's corruption and will never bring each other's cases to the courts. Both the parties have the proof of each other's corruption but will use the proof only to black mail and counter the onslaught of other party.
PPP Vs PMLN A Match much more interesting than IPL. Let the Fun Begin.
The interior minister was holding this press conference of blame game when carnage was on in Layri...... Shame on you Mr. Rehman Malik.. you are interior Minister not Nab Chairman!!!
Malik Sb....good initiative......but the main question is, why now? Why had you chosen to remain silent about this for 4 years of your government?
So you had the proof and you kept it for this day. Such blackmailers. What a shame. All of them need to stand a trail in court be it ppp or pml n.
It is exactly what Imran Khan says about such people, when one is accused of corruption, instead of denying the charges or giving his clarification he starts blaming others that they are are also involved in corruption. A very vast majority of our politicians are corrupt beyond limits, I hate them from the core of my heart.
People who join politics to serve the masses are not angles and totally corrupt with very few exceptions in Pakistan.
Leave the Manshoor's of the political parties aside, the individual politician has one Manshoor only that may also be called as collective Manshoor's of the politicians and that is to loot the masses and the country from both hands..
Is there any sane person in whole of Pakistani political elite who can show some rationality. Whole world is laughing the way these so called political leaders are throwing dirt on the personalities of each other. For God sake have mercy on this nation and do some thing to improve the image of country rather than dragging each other in dirty balme games.
So lets see no power, no education, high prices, no tax collection and yet this is what the government nay the people are concerned with. Bravo Pakistan you are by far the most unique country in the world.
Nawz Shebaaz and dar are all convicted in someways Imran khan is CLEAN let him come let him show things can be done
Pot calling the kettle black
pk judiciary never convicted punjabis. Zardari can be in jailed for 11 years without any proof of corruption but never sharifs
Let us assume Shariff's are involved in $32 million scam. What is your Status - A toyota car in graft??? Why did you escape wearing Burka in a Dhow? Malik it is easy to level allegation against any body but difficult to prove it.
Dirty Politics, Pakistani style.. Wah Pakistan Wah.. You throw a pebble, I will throw a brick.. Deflect people's attention on some other matters..
No way! Thankfully we have honest people around to bring these crooks to justice.
Mr. Interior Minister…… then do something about it, don’t just stand there looking silly. Anymore these worthless politicians are not even shy about stealing money and somehow they think that it is there right to do so, they are only worried about how much the other party getting so they take even more than that. It is nothing more than just a game to them, next time vote PTI and see if things change. We keep voting for these losers and somehow expect different result……….it is simply not going to happen my friends.
And I hope to GOD that IMF and all the other nations immediately stop all the loans and aid to Pakistan. Average person never gets any benefit form these foreign loans or aid and it all ends up in these politicians’s back pocket 10% at a time, shame of us for electing these idiots.
Everyone knows. This is old news. Regards, Shakib
This is like to "set a thief to catch a thief".
Only? That is an insult To Sharif bros.
malik today tell the nation abut corruption where he was sleeping last 4 years he is a selfish person and leader
Rehman Malik smirking in his mind, while accusing the Sharifs: 'Ah, that's peanuts in front of the amount we (PPP) have earned via corruption in the past 4 years.'
Hell hath no fury than a politician scorned!
What a gross way to get back at the judiciary and PML-N, PPP knows that SC will reject the so called 'proof documents' which of course are bogus. This will give them a chance to damage the credibility of SC by calling them pro Nawaz Sharif. PPP should not play this anymore. The supreme court should be the one passing judgments and convicting, not Rehman Malik or PPP.
This is just the tip of the iceberg. Mian brother's worth is in billions of $$dollars$$. None of them is a business genius to have amassed this much wealth starting from a couple of foundries.
Only?!
Blame game starts. Malik if you knew such a big corruption of Sharif family, why did you hide it for years? I believe its just a tactic to divert PML-N's from PM conviction/resign case.
tit 4 tat .....!!!!
please go ahead & pu thte case. r u waiting for the deal?
Please go ahead.
does PML N exists anymore??
PPP clutching at straws.
Sir Abdul Rehman Abdul Malik. Your Party leader hasn't told the nation about his 60 million so how could you ask others when your own house is not in order. Look before leap?
Round 571 of noora kushti.
Whatever this person says has to be divided into two: the plausible and the not-so-plausible. Choose the latter and brand it a lie. And one may come close to the truth this way.
And the mud slinging begins so that the public attention is diverted from the real issue at hand, the running of our country by a convicted prime ministers.
Suspicious timing to say the least.
The battle begin........................
What about what people call Oil for Food Spain case.......Volcker Commission.report
I say open all cases against all politicians and let the truth come-out once and for all. Let the citizens live in peace
Mr. Malik, I agree with you. Sharif brothers should prove where did they get $32 million that you are talking about. At the same time president should also prove where did he get $60 million from. If you have all the proof, you should take Sharif brothers to court.