Ikram Sehgal is a majority shareholder of both Wackenhut Pakistan and Security and Management Services. PHOTO: EXPRESS
In response to a letter sent by the Pakistan Tehreek-e-Insaf (PTI) spokesperson to the interior minister, Ikram Sehgal has said the majority shareholders of Wackenhut Pakistan and Security and Management Services (SMS) have reacted very strongly to what they term a ‘defamatory and outrageous’ claim.
The PTI spokesperson, in the letter, claimed foreign security companies were operating in Pakistan while posing as local companies under some internal arrangement and sought an explanation from the government on the matter. A report on the letter was published in The Express Tribune on February 7, 2014.
Sehgal – who is a majority shareholder of both the security companies – said this claim was ‘blatantly false’. He said the shares bought back from G4S were in Pakistan only and not worldwide as the PTI spokesperson maintained.
Sehgal also said that the ‘insiders’ who the PTI spokesperson cited as sources in the letter were in actuality “motivated interests who cannot compete with his companies and have repeatedly used this bogey to smear their reputation”.
Published in The Express Tribune, February 8th, 2014.
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By the way, Bani Gala has security provided by Wakenhut. This company also provides security to over 170 churches all over Pakistan free of cost.
@Muslim Leaguer:
What about your leader who laundered billion of dollars out of Pakistan?
Masood, You need to visit KPK and see your "Actual" Patwari brothers crying as they have been deterred and restrained to do corruption there. To the valor of Nawaz Sharif whose holes are fixed by "Pantees 35 Punctures", check you home first..... and what a joke that the authority of eliminating terrorism is with KPK, you imprudent and incompetent lawyer of "Kaana Dajjal". Ask common people of KPK and certainly you will be ashamed for your false filthy accusations.
Shame on PTI Trolls trying to scandalize Ikram Sehgal, who has brought in huge investment into Pakistan!
Don't worry Mr. Sehgal these people are good at putting blames only. The PTI & it's Lifetime Chairman have miserably failed in all the pre-election promises of eradicating corruption within 90 days, holding local bodies elections within 90 days & eliminating terrorism within 90 days. The KPK Government of PTI has failed on all these promises. The 90 days mantra is over now, when 220 days have already lapsed, and PTI is looking for excuses to become a political martyr "siyaasi shaheed". You should file a defamation case against the sharamnaak statements of PTI.
@Muslim Leaguer: which school did you attend? Oh... MuslimLeague primary school?
Ikram is now crying wolf when he has been the biggest bigot over the years. He's great at criticising others but when his home turf is questioned, he reacts like a 5 year old child. Yes Ikram is running a foreign security company and so what. Stand upto the claims and counter argue on logic.
Mr. Sehgal should answer the questions raised by PTI and clear the matter.
As usual, the PTI gets another knock out due to its blames!
Sehgal is a liar. I know it too well.