Monday 3 June 2013

Chairman calms down a mini battle at PTV by removing MD

Chairman calms down a mini battle at PTV by removing MD

SAEED MINHAS

Chairman calms down a mini battle at PTV by removing MD
ISLAMABAD: State run television PTV yet again witnessed a mini battle on Friday, which eventually was won over by secretary information, Agha Nadeem by the end of the day as he relieved Managing Director (MD), Engineer Mustafa Kamal of his duties and restored director Programs, Sajjad Ahmed on his seat. Allegations continue to be hurled through- out the day in treacherous building belly of PTV Islamabad by the supporter of each group against the others. They were accus- ing each other of violating the court orders, transgressing their respective jurisdiction, victimizing the director programs for not towing the line of MD, getting under the in- fluence of kickbacks mafias of private pro- duction houses and so on and so forth. The drama unfolded when director pro- gramming, Sajjad Ahmed received an order from MD, Mustafa Kamal for his transfer to the post of controller programming. MD has appointed Syed Shakir Uzair against this va- cated post. Ironically, Sajjad had himself posted Syed Qaiser Ali Shah against the va- cant post of controller programming just a few days back. But MD still sent him to a post where there was no vacancy. Meanwhile, sources close to Mustafa Kamal revealed that Sajjad Ahmed was re- moved for his involvement in the dodgy deals of buying private productions from a mafia of independent producers against hefty kick backs. It is interesting that despite having huge infrastructure and state of the art production facilities; PTV has stopped in-house production to facilitate private in- vestors to make hefty money on their aver- age dramas by dealing with the evaluation committees of the past.
Shahid Nadeem and then Hammad Ghaz- navi remained deputy managing directors in the past five years of PPP government and were responsible for finalizing the deals with the private production houses in their ca- pacity as head of evaluation committee of PTV. It was during Hammad Ghaznavi’s tenure that a drama which failed to attract any noticeable revenue or audience for PTV Home during its 13 episode contract was given an extension for 104 episodes. Sources believe that kickbacks ranging in millions exchanged hands in this one episode alone. They believe that under the same evalua- tion committee of the past, Hammad Ghaznivi and company rejected a drama, which is currently rated as top three dramas on the circuit after being picked up by a pri- vate TV channel (Hum TV). A number of such exchanges are also associated with Shahid Nadeem who happens to be the hus- band of a known TV artist from Lahore. When contacted Sajjad Ahmed refused to comment by saying that he has got nothing to do with anything and would not to talk on
this issue. However, independent sources believe that Sajjad is the only one in 13-member of board of directors from Balochistan and en- joys good reputation for streamlining the revenues and in-house productions. They revealed that Sajjad has increased the PTV Home’s revenue within a short span of time from few millions a month to Rs 13 million per day by picking up quality dramas from the market and increasing the low cost in- house productions. They said that as per sta- tistics in-house production of PTV now stands at 46 per cent of the whole content shown on PTV Home as compared to only 14 per cent during Hammad Ghaznavi and Shahid Nadeem’s tenures. Another proof presented in favour of Saj- jad was that he helped reform the evaluation committee by bringing in top professionals like Jamal Shah, Dr Tariq Aziz, Tauqeer Nasir, ISPR’s Brig. Yahya and even Samar Minallah. As PTV was sizzling hot with all these ac- cusations and counter allegations, evening
ushered another twist in this drama. Secre- tary Information Agha Nadeem, an MDG officer, after getting information of the lat- est orders of MD PTV without his approval sought an inquiry into the matter. Agha Nadeem could not be reached for any com- ments but senior officials at ministry of in- formation disclosed some interesting facts but only on condition of anonymity. They said that MD PTV was given an ad hoc charge and as per orders of the Islam- abad High Court (IHC) in the removal of Yusuf Baig Mirza case, Mustafa Kamal was given the task to run day to day affairs till a new MD is appointed through open compe- tition. Secretary information, by virtue of his office is also the chairman of the PTV. Therefore, they believe that MD was not au- thorized to transfer a director without seek- ing the approval of the chairman of board of directors. Since, such a transfer order was vi- olating the orders of IHC, therefore, chair- man had to ask acting MD to relieve his charge and handover the reigns of PTV to the chairman’s office. Ever since the removal of Yusuf Baig Mirza from the post of MD PTV by Court  in April this year, Mustafa Kamal had sacked over 200 employees from the PTV world besides sending many politically and highly paid re- cruits home which were hired by YBM dur- ing his four year rule on PTV empire. Removal of the acting MD is considered by many in PTV just another episode of an un- ending drama. They believe that with Nawaz Sharif government about to take oath of of- fice, seats like chairman, MD and even DMD will be filled by some new politically favoured cronies of the new regime. There- fore, they are expecting yet another spinning of the wheel and a game of chairs in the coming days if not weeks.

Prime Minister Khoso pokes into PTV mudslinging game

PM Khoso jumps into the array by twisting Supreme Court Orders

SAEED MINHAS

PM Khoso jumps into the array by twisting Supreme Court Orders

ISLAMABAD: A one-on-one interview for the state run Pakistan Television during prime time was enough for the caretaker Prime Minister Mir Hazar Khan Khoso to turn the tables on chairman of the PTV board and revert his orders of sidelining the officiating managing director Qazi Mustafa Kamal thus initiating a roller coaster of a ride for at least a dozen officials. A superior Court’s orders to declare transfers and postings by the caretaker prime minister Mir Hazar Khan Khoso illegal have become such a discretionary tool in the hands of PM’s PS Khawaja Siddique Akbar that even Mir Khoso seems to be oblivious of these facts, revealed the sources in the make-shift PM House. This is not a plot of a TV serial but a summary of an ongoing power game in the state run Pakistan Television Corporation known as PTV. We revealed the first episode of this game yesterday where chairman of the corporation managed to win the first round by relieving the acting MD of PTV for failing to follow the ruling of Islamabad High Court (IHC).  Islamabad court had removed the then Managing Director Yusuf Baig Mirza (YBM) was sent home for occupying the seat for over four years without qualifying for the position through an open merit selection. Now officiaiting MD is back, riding on the misconstrued orders of Supreme Court whereby trafsfers made by PM were revoked but routine reshuffling was allowed to keep the organizations running smooth. Officiating MD PTV Qazi Kamal was relieved of his duties by the chairman of the board of directors of PTV on Fridayevening. Federal Secretary Information, Agha
Nadeem happens to be the chairman of the 13-member board of directors of PTV by virtue of his office. Chairman had retrieved the charge of MD from Qazi Kamal on the basis of trespassing the orders of the Islamabad High Court (IHC). The court according to the officials of the ministry has clearly asked Qazi to perform day to day functions of the PTV until a new MD is appointed after properly advertising the post and scrutinizing the candidates for their relevant qualifications. Contrary to the orders of IHC, officiating MD was found orchestrating an advertisement in the media for a permanent MD just to accommodate himself, revealed the insiders. Qualifications sought for the new MD were considered a joke by many in the media industry as it asked for more administrative experience than technical expertise to run multiple TV channel s. Ignoring the orders of the IHC and even of Supreme Court, officials further revealed, officiating MD was found victimizing officers by transferring them without following proper procedure of putting up the cases to the board of directors or to the chairman. PTV officials privy to these developments informed that officiating MD was interested in making some back door deals with private production houses and was asking the concerned officials of the evaluation committee to bypass the routine procedures and let him collect the mini serials for PTV Home. Evaluation Committee is supposed to review the productions before accepting them. However, when the director programming, Sajjad Ahmed argued, he was transferred to a post which was not even vacant, thus leaving two officers on same post. An official which had
lesser qualification and counterfeited age credentials was instead appointed as director programming by Kamal on Friday to ensure that his deals remain on line and intact, disclosed the PTV officials. The matter was brought to the notice of the chairman, who after seeking explanation had to ask Qazi Mustafa Kamal to return the charge of MD to chairman’s office without transferring him to any other office. The twist to this tale came when Mustafa Kamal asked the director news in PTV to run his tickers that he will continue to hold the charge of his office despite orders of the chairman of the board. Failing which, Qazi Kamal approached the caretaker prime minister Mir Hazar Khan Khoso on
the pretext of interviewing him just on the eve of his departure from caretaker responsibilities. Instrumental in this regard was Agha Masood Shoorsh—a crony of the past government and has survived all the purging of the courts due to his high connections despite being a daily wager and holding a director’s position.   Khawaja Siddique Akbar, PS to caretaker prime minister, who happened to have misled Mir Hazar Khan Khoso on transferring several MDs and later eat the humble pie because of the court’s intervention, masterminded the restoration orders of Qazi Kamal on his old post, informed sources in PM House.  Ironically, officiating MD Qazi Kamal and Agha Shorsh designed the
PM’s interview with the help of a lawyer, Arif chaudhry. Therefore, none of the routine anchors or professional host from PTV was taken along rather hosting of interview was assigned to an amateur Arif Chaudhry. While the interview was going on, Siddique Akbar was finalizing the terms and conditions with Agha Shorsh and Qazi Kamal, informed the staff of PM House. Misleading the prime minister, Khawaja Siddique Akbar maneuvered once again and made the prime minuster to believe that even this internal matter of PTV falls under the preview of PM House. Reasons cited to restore Qazi Mustafa Kamal and over write the orders of the chairman in contravention of the rules of procedures was Supreme Court Orders of May 2013, whereby Courts had stopped the caretaker PM from replacing the policy makers of public entities. The court has also stated in the same orders that routine transfers and postings with a reason can be carried out as per routine. However, Khawaja Siddique finally convinced the PM Lhoso to sign the restoration orders of Qazi. The saga just did not end there. Qazi Mustafa soon after returning to the office on evening of Saturday, removed director news PTV and incharge of PTV world for not obeying his orders fo running a tickers in his favour the last night. The buck did not stop there, another director was removed from his post and demoted as controller while an ex cadre officer Butter was elevated to take charge of oifficiating director news of PTV. The onslaught of Qazi Kamal is still going on and we will come back with the rest of his orders in our next episode. However, when contacted Qazi was not available for comments and niehter was Agha Shorsh or Arif Chaudhry.

Sunday 2 June 2013

Press Gallery: A curtailed honeymoon for Lions begins

A curtailed honeymoon for Lions begins

Saeed Minhas
A curtailed honeymoon for Lions begins
ISLAMABAD: A fresh assembly takes oath and leader of single largest party in the 14th National Assembly, Mian Nawaz Sharif takes a fresh start laden with high hopes. He is scheduled to get the assembly’s nod as PM on coming Wednesday and then the oath of his third time premiership from President Zardari to officially launch his slim cabinet with a broad agenda.
Galleries were packed on Saturday; literally with cubs of the party in a similar fashion jiyalas had crowded the rows in 2008. It was as chaotic as it was when Yusuf Gilani and company were seen for the first time with raised chins and jaw-breaking broad smiles at that time. Of course there was a difference; slogans raised in the galleries by charged crowd this time were about ‘Lion’ as compared to Bhutto’s five years ago. Since Bhuttos’ have evaporated into thin air thanks to presidency-centric politics of the party, Sharifs are once again in the business with an unusual sobriety and calmness. Another difference which remained quite noticeable was a smiling presence of Maryam instead of her husband Safdar—daughter and son in law of Mian Sahib, respectively.
Talks of honeymoon period were very much in the air all around us as we saw Mian Nawaz Sharif and his kitchen cabinet moving in and out of assembly hall. Ahsan Iqbal, Khawaja Asif and even Saaqd Rafiq--the few of the potential faces in the expected cabinet of Nawaz Sharif--were seen talking about 90 days and even first year agenda of the government soon after forming the cabinet. Mian Sahb himself was looking quite serene because since elections he has been asking the voters to be more patient while asking for solutions to the lingering crisis like energy, economy and more so the worsening law and order situation.
Messages uttered in the heat of recent election campaign have already been considered null and void by the Leaguers. Quick shit chat with some of them was enough to understand that they seem to be as lost in finding a road map to recovery as they were in 1997 when they assumed the reigns of a near bankrupt government with a two third majority. What and how that two third majority was packed up is an open secret now.
Simple majority they have now, which will bring them not only vote of confidence but also help them sail through their honeymoon period without much ado unless they launch themselves into a bulldozing mood, which unfortunately remains associated with them since their last outing in the power corridors. The reason is simple that they do not have majority in Senate, so they won’t be able to get any ordinary legislation through unless they develop a working relationship with those holding Sindh card.
Economy is yet another front where past policies of Ishaq Dar and company are still haunting the businessmen, investors and even stock exchange wheelers-dealers. With empty coffers, negligible tax base and crippling energy crisis, only option left for honeymooners seems to be external friends like America or Saudi kingdom unless they decide to go on Chinese and Iranian ferries. Any adventure on this front without Khakis is replete with all sorts of cut-off dangers.
On the internal front of the party, Mian Nawaz Sharif is facing a daunting task of picking up a slim but more importantly an efficient cabinet which can help him prove his credentials to all the internal and external guarantors, revealed the party sources. Chaudhry Nisar--the champion of Rawalpindi Garrisons-- is looking for his favourite petroleum ministry whereas Khawaja Asif happens to be considered for the same by leadership. Similarly, Ahsan Iqbal is looking to venture into foreign affairs whereas some senators are also vying for the same position. Competition on information ministry is even tense as Saad Rafiq, Pervaiz Rasheed and Mushahid Ullah are all expecting a call for this position, whereas Mian sahb is trying to think of a female information minister to give his party some sort of new/liberal look.
With all these daunting tasks on hand and balancing to do, many pundits believe that honeymoon for the Lions might not be longer than 30 days, therefore they have tighten their pants and start thinking hard for delivering on promises or waiting for the ultimate chaos.

Tuesday 14 May 2013

Sharif to decide between the Judges and Mushy

Sharif to decide between the Judges and Mushy

SAEED MINHAS 
Sharif to decide between the Judges and Mushy
With the waning of election fever in the country, lots of forgotten issues have started surfacing in the public domain and prominent of all those is the fate of former dictator Gen. (Retd) Pervaiz Musharraf. His main adversary, Nawaz Sharif- - whom he had sent packing to Saudi guarantors with a ten-years-politics-ban was heard saying loud and clear during his recent election campaign that “we will send a case of high treason against jailed Musharraf if voted to power”. In power, Nawaz Sharif stands with a comfortable majority over his political opponents and is sure to form his third government. Therefore, the question looming large in the debating circles of media and even PTI or more so amongst PPP jiyalas is that will Sharif be able to oblige the Supreme Court by letting his government to initiate a case against him. Or will he consider obliging the guarantors and the dominating institution of former dictator? A trial to determine whether Gen. Musharraf committed any treason by suspending the constitution and imposing emergency on November 3, 2007 is already underway in the Supreme Court. Constitutionally speaking, initiating a treason case remains the prerogative of the federal government and Courts can only determine whether the case fulfils the merits or not. Article 6 of the Constitution of Pakistan outlining the contours of a high treason reads that: (1) Any person who abrogates or attempts or conspires to abrogate, subverts or attempts or conspires to subvert the Constitution by use of force or show of force or by other unconstitutional means shall be guilty of high treason. (2) Any person aiding or abetting the acts mentioned in clause (1) shall
likewise be guilty of high treason. (2A)An act of high treason mentioned in clause (1) or clause (2) shall not be validated by any court including the Supreme Court and a High Court. (3) [Majlis-e-Shoora (Parliament)] shall by law provide for the punishment of persons found guilty of high treason." A High Treason (Punishment) Act 1973 awards death penalty to anyone found guilty of treason or high treason. Though, this law has never been invoked and the prescribed sentence never awarded since its introduction. It was framed in pursuance of article 6 of the Constitution. The law reads: “A person, who is found guilty (a) of having committed an act of abrogation or subversion of a Constitution in force in Pakistan at any time since the twenty- third day of March 1956; or (b) of high treason as defined in article 6; (c) be punishable with death or imprisonment for life.” No matter, how Courts interpret these provisions of constitution and Act of parliament, but it seems quite obvious that
courts have to wait for the government of the day to initiate a case and then form a three member bench of no less than high court judges to dwell on that. Legal experts believe that it’s not just a matter of constitution or an act but it is more about the will of the federal government to put all such provisions into action. They also believe that in doing so government of the day have to think about the abettors of such a crime, which in this case might implicate many of the judges and army generals. The question might also pop up that why only 2007 and why not that of 1999, they argued. Putting this flurry of objections and counter objections aside, we have recently seen Supreme Court handing out a breather to Gen. Musharraf as caretaker government of Mir Hazar Khan Khoso refused to file charges against former dictator—supposedly for not getting clearance from GHQ and even the Gulf kingdoms. In a reply submitted to the Superior Court few weeks before the May 11 elections, caretaker administration had said “The
caretaker government should avoid taking any controversial step and should not commit any process that is not reversible by the incoming elected government.” Justice Jawad S Khwaja, who is the presiding judge, was quoted: “It appears that the government is determined not to take any legal action in this matter.” The case was adjourned and SC continued hearing the arguments from the concerned counsels of petitioner on it even after the caretakers’ negative response and now it is set to resume it after the elections. The ball, therefore, seems to have landed in the court of Nawaz Sharif--the prime minister designate. Supreme Court is likely to seek a response in this regard from a freshly ‘mandated’ government in the coming weeks because caretakers had refused to do so on the pretext that “we don’t have such a mandate”. Will he able to fulfill his personal desires of punishing his tormentor or not might become clear in few weeks time. Situation has become all the more interesting because knowing that the guarantors involved in the return of Musharraf are the same who helped Sharif’s’ rescue from the same General in 1999 when he was convicted under the same charges of high treason by the same courts. If Sharif lets him escape, the Courts who seems hungry for General’s skin might become antagonistic towards his third tenure in the office of PM, if he doesn’t than how will he respond to the Gulf Kingdoms and Castles in Rawalpindi. Besides, he will also have to care about his public stance on this issue because ever since he managed to come out of political cul-de-sac in Saudi Arabia and started political activities after five years of his muted exile, he has been on record seeking army’s confinement to barracks and blood of those who ousted his two-third- majority government. “It will be a paradoxical situation to handle for Mian sahib,” admitted one of his party stalwart while seeking anonymity.

Sunday 12 May 2013

Pakistan Elections 2013: Projected Results as of May 12, 2013 9 00 pm with a Pie Chart


Projected Results as of May 12, 2013 9 00 pm




Contesting Parties                         National Assembly
Summary                          260/272
PML(N) 128
PTI 33
PPPP 30
IND 25
MQM 13
PKMAP 9
PML-F 5
JUI(F) 4
JI 3
PML(Q) 2
BNP-A 2
NPP 1
PML Z 1
PML Q 1
SUP 1
QWP 1
ANP 1
QJP 0    

Tough times ahead for the lions of Punjab

Tough times ahead for the lions of Punjab


Tough times ahead for the lions of PunjabSaeed Minhas
 
Initial results have once again pitched the roaring lions of Punjab against competing political ideologies of Sindh, Khyber Pakhtunkhawa and Balochistan. By sweeping the Punjab’s National Assembly and provincial assembly seats, PML-N have established their rights for the premiership at the centre besides reclaiming the Khadam-e-Aala-ship of a politically dominating province.
It isn’t 1988 nor it is 1993 but for sure it is 2013 where for all practical purposes an unpredictable new actor rather a cricketer has entered the national scene as a third player, nationalists of Balochistan have come forward to pitch their case and PPP-MQM will of course be there to haunt Mian sahib with good-old memories.
Punjab is not Pakistan was the first commendation Mian sahib has received from none other than our telephonic leader sitting in North London (UK) supposedly his arch rival in politics - at least for the past decade.
Apart from who said that what is emerging out of the current election results is the fact that first thing Mian Nawaz Sharif has to counter is his Punjab-centric approach. As per the emerging results of Elections 2013, Sindh stands very much in the hands of PPP and its former ally MQM, where PML-N once again failed to make inroads despite forging an alliance with the Sindhi nationalist parties and pitching in some strong waderas against PPP and even MQM. Though PML-F remains a potent player in Sindh but they certainly are neither in a position nor will be a willing player to provide any political advantage to Mian sahib against the two dominating parties of the province. Especially when it comes to playing the provincial cards, Pagaro’s-men will love to lie low.
Looking at KP, Imran Khan’s party has surfaced as a potent player there. We all know that the only similarity between Imran and Nawaz Sharif has been their coincidentally joint take on the one-way pounding of Taliban. But when it comes to solutions, Mian sahib might look Saudi-way but Imran wants an outright end to unilateral drone strikes.
Balochistan is an altogether a new ball game where a hotchpotch nationalists and national parties will be coming up with a coalition government of competing ideologies. Mineral rich this province is, but at the same time it has proven out to a problem rich province in the past decade or so. Addressing to the unique demands and concerns of these nationalists and bringing the estranged and armed nationalists back to the mainstream with empty promises and nice talk does not seem to be a feasible strategy now.
Be it economy, power shortage, youth bulge, post-2014 foreign policy, army dominance, Baloch insurgency, terrorism or most important of all a national unity, we certainly are lacking in all these and many other spheres. These elections might have matured the voters by showing up in big numbers for casting their votes and rejecting the bad performers but has our leadership understood the dynamics of this development? We hope and pray that they do and act accordingly.

Thursday 9 May 2013

Peer Sahib of Zardari Shareef believes Halwa Khao Maoj Manao


Peer Sahib of Zardari Shareef believes

Halwa Khao Maoj Manao

Halwa Khao Maoj Manao

Peer sahib has again asked his captive to keep his hopes alive because stars and dozens of daily sacrificial animals has dawned upon him one thing that no matter who takes the premiership he will elect him as president for the next term. Peer sahib is openly claiming that does not matter Imran or Sharif, “I can still he can see Zardari in the presidency”. How much Zardari believes him is not sure but one thing is proven that Mr. President has constantly been following his peer by sacrificing black animals and even staying away from hills whenever advised to do so. Yet jail days have taught him one lesson that keep all your options open and perhaps that’s the reason that he always keeps Bahria Malik’s chartered plane ready for an eventual take off to evergreen guarantor lands of Arabs.  But one saying of peer sahib seems to be holding him from fleeing and that is the prediction that out of Imran and Nawaz clash he would still have enough seats to set a bargaining table with any party. Peer is sure that out of two parties clash his mentor will get enough of seats to seek another five year term in office. Though our secret Babus disagree with that but they for all odd reasons seem to reflect the same findings in their reports sent to their chiefs these days. Peer sahib meanwhile is learnt to have been grilled by several of these secret Babus and are unable to find more than this that “Halwa Khao, Maoj Manao (eat sweetener and have fun).  
Venom Inc. This should not be held against me in a court of law as I solemnly declare that these are absolute lies, dirty whispers and wild speculation that I have heard while crawling in the dark power corridors of the creepy Capital. You will believe them at your own risk Shh...If you have venom to spill please don’t hesitate to share with us on our blog at www.thespokesman.pk

Babus to work without airconditioning wearing shalwar kameez in Pakistan


No ACs for Babus in offices

No ACs for Babus in offices
Saeed Minhas
ISLAMABAD: Top conserve the energy and alter the working style of country’s bureaucracy, Prime Minister Justice (R) Mir Hazar Khan Khoso has decided to impose a ban on the use of air conditioners in all government departments and offices from May 15, 2013 till such time that there is substantial improvement in the energy situation in the country.
To further facilitate the Babus, Prime Minister has announced a dress code for them as well so that they can work liesurly without airconditioning. The dress code includes white or light coloured (beige, light gray, sky blue, off-white, cream) shirt/bush shirt (full-sleeved or half sleeved) with light coloured (as prescribed for shirt) trouser or shalwar kameez with waist coat and Moccasins (shoes without laces) or sandals without socks. The PM’s House had already discontinued use of air conditioners as part of its austerity and conservation drive. The measure reflects the resolve of the government to manage the power crisis by management of demand. All public servants have been given seven (07) days for preparations and have been directed to observe the dress code. The prime minister expressed the hope that provincial governments, private institutions and general public will cooperate with government on energy conservation 

Business mafias lure caretakers and Fakhru Bhai in latest 11 billion bailout: The Spokesman


Business mafias lure caretakers and Fakhru Bhai in latest 11 billion bailout

Business mafias lure caretakers and Khoso in latest 11 billion  bailout
Saeed Minhas
Islamabad: A nexus of caretakers, election commissioner and powerful consortium led by Arif Habib Group learnt to have managed fifth bailout package of Rs 11 billion for an allegedly overstaffed, inefficient and 65 billion under debt Pakistan Steel Mills, learnt The Spokesman on good authority.
Chief Election Commissioner Fakharuddin G Ibrahim has remained the official counsel of PSM in the past. He was the one who presented forensic report of the PSM to Supreme Court revealing mega scam of Rs 26.5 billion owing to corruption, mismanagement and inefficiencies. Sources privy to these developments revealed that Peoples Party government alone doled out two packages to the sick unit with the promise of lifting its capacity from mere 15 per cent of its 1.1 metric ton capacity to over 75 per cent. Last of these packages were handed out by none other than the known propagator of prioritization of PSM, Hafeez Sheikh as finance minister during PPP-led government. He announced a bailout package of Rs 8.6 billion and another two billion to pay the interest of over 10 billion loans. Arif Habib along with a Saudi and a Russian company had managed to sneak past all the political hurdles in 2006 to clinch PSM’s 75 per cent share and complete administrative control for just US $ 350 million. The move however, was stuck down by supreme court even when the workers union’s plea had already been rejected by the Sindh High Court.
Other actors involved in this latest bail out package for PSM include Shahzada Ahsan Ashraf Shaikh, Minister for Production, Dr. Shahid Amjid Chaudhry, Advisor to PM on Finance. Both of these gentleman have remained quite instrumental in keeping the politically appointed board of directors intact. They did not even considered the fact that previous government have been turning down the bailout packages for PSM for the past one year with the hope of giving it to Saudi consortium, informed the inside sources at PM House.
High stake PSM is currently staffing over 21000 employees and has been earning net losses to the tune of Rs 26.5 billion (2009), Rs 11.5 billion (2010), Rs. 11.4 billion (2011) and Rs 15 billion (2012). There has never been a profit except for years 2001-2007 when the PSM announced a dividend of one billion rupees as well but not because of any improvements but due to international price hike in steel products.
increased value thing Inside financial gurus revealed that accumulated losses of the company have crossed the mark of Rs 65 billion (31 Dec 2012), negative equity of Rs 27 billion, outstanding liabilities increased to Rs 72 billion (31 Dec 2012), deficit in gratuity funds plan assets of Rs 6.5 billion and outstanding contribution of Rs 3.2 billion to employees provident fund trust and additional adverse impact of Rs 1.5 billion per annum on account of regularization of over 5000 employees in FY 2010.
Despite, all this what ostensibly should have been left to the next elected government, Prime Minister Justice (R) Mir Hazar Khan Khoso has announced a hefty package to keep the steel mills floating. With Fakhru Bhai getting his legal fees in the tune of millions from the same mills, the decision is likely to benefit many others.
PM Khoso and his advisers met in PM House and decided that since the federal kitty does not have much to offer to the ailing PSM, therefore, federal government would also provide guarantees to scheduled banks for raising Rs.11 billion for Pakistan Steel Mills to meet its working capital requirement. The meeting was told that with this injection, PSM will be able to attain its production capacity of 50% to 60% within six months and full capacity in due course, which will help reduce its losses. It was also decided that Rs. 11 billion will be deposited in a separate escrow account which will be opened for this purpose. Also that all revenues generated from the sales would be deposited in the same escrow account The meeting also decided that Standard Operation Procedures (SOP) will be introduced for operation of the account to ensure that salaries, pensions of employees of PSM are nor affected. The purpose pf opening the escrow account is to ensure that finances being provided to PSM are used for the intended purpose of rehabilitating the project.
Interestingly, the meeting did not even care to look at the forensic audit report which revealed corruption done by big wigs of the mills.Neither any attention was given to the fact that over a dozen cases are pending with the FIA, NAB and various courts including Supreme Court of Pakistan against various retired and serving officials including members of board of directors. 

Kiyani leading poll security plan from the front


Kiyani leading poll security plan from the front

Kiyani leading poll security plan from the front
Rayyan Ahmed
KARACHI: Sticking to his commitment, Chief of Army Staff General Ashfaq Pervaiz Kiyani seems to have taken it upon himself the responsibility of law and order stability in troublesome parts of country, especially in Karachi and parts of Balochistan.
To convey a clear signal to those out to disrupt election 2013, General Kiyani has issued strict orders to the country’s top intelligence agencies to rise to the occasion and coordinate with civilian counterparts to ensure free and fair elections in the country. “Any let-up in coordination will be taken very seriously,” meeting was informed. Besides deploying 10,000 ground troops in Karachi alone, COAS has also directed the concerned quarters within army establishment to keep their choppers ready for meeting any eventuality during and after the polling hours.
Interestingly, Chief of Army Staff had kept the federal interior minister out of this important meeting. The meeting held at the corps headquarter Karachi was attended by Commander 5 Corps, Lt. Gen. Aijaz Choudhary, Director General Rangers Sindh, Chief Secretary, Home Secretary, IGP, head of Intelligence Bureau in Sindh and heads of intelligence organizations. “Civilians were there to listen to and respond in yes,” commented one of the top civilian bureaucrats after the meeting. “The tone and tenor was very clear as if the chief has a single point agenda of ensuring peaceful elections and nothing else at this point in time,” added another participant of high profile meeting.
Director General of the Inter Services Public Relations (ISPR) Maj. Gen. Asim Salim Bajwa confirmed that COAS had a detailed briefing on the security plan for the general elections at a high level meeting. The Army Chief arrived here in the morning from Quetta.
Gen. Bajwa said that keeping in view the security concerns in Sindh and especially in Karachi, a comprehensive security plan was evolved after detailed discussion at the meeting.
Gen Kayani emphasized that all those associated with the security plan should work as a team to perform the task in an excellent manner. Army Chief also underlined the need that all the organisations should fully support the security plan.
ISPR DG said that under the plan 124,000 security personnel of the police and the Rangers, including 20,000 army troops, had been deployed in their respective assigned areas in the province.
He stated that total 49,000 security personnel, including 39,000 police and Rangers, and 10,000 army troops were deployed in Karachi.  The quick reaction forces are mobile and some of them will use helicopters, he added.
Gen. Bajwa said that the Pakistan Army was entrusted with three important responsibilities. One was the security of printing of ballot papers. Two out of the four printing presses were located in Karachi and security was being provided at those printing presses since April 19.
The other task is transportation of the ballot papers, which has now been completed in Balochistan and it is continuing in some parts of Sindh and Punjab which will be completed in the next couple of days, he added.
Replying to a question, he said as already informed by the ECP and the government that army troops would not be within the polling stations, the army would be in the area as a quick reaction force and its deployment would be to ensure secure environment. The deployment will be under a mechanism already decided, he added