Terrorist Islamic Republic of Pakistan - Feb 21, 2013

[Roperia]

Code: Select all

http://dawn.com/2013/03/11/pak-army-captain-two-soldiers-killed-in-ied-blast-in-orakzai-region/

[Lilo]

Please not to mind the kuffr Hindustani Raga used as background music here - there were no recordings of arbi naats to grand PUBH'ah readily available in pakjabi land onlee.

[Raja Bose]

Paki supreme court wants the Good Haqqani to come & report in 3 weeks failing which it wants to extradite him from the US.

And meanwhile:
http://www.thenewstribe.com/2013/03/11/ ... -pakistan/
Musharraf likely to delay his return to Pakistan

Whoa! What about my 4th cousin, 3rd removed who paid $1500.- to have pre-departure dinner and photo session with Musharraf?!

[SSridhar]

http://dawn.com/2013/03/11/the-decline- ... n-muslims/
The decline of Indian Muslims

Influential Muslim clerics, including those at the Deoband seminary, blamed eclectic Mughal rule that embraced Hindu influences for their decline. Their powerful message was that Muslims could only regain power by returning to the original and pure faith of the early Islamic period. This is their message still.

We should not target the messanger, Dalrymple.

This is a dangerous message from Deoband. The Mughals did not establsih their rule by engaging Hindu Indian rulers in debates. So, what are the deobandis, whose adherents are causing all the havoc in Pakistan Afghanistan and beyond, saying ?

Besides, it was the message of Sheikh Ahmed Sirhindi, Mujaddid-Alf-e-Thani (Reformer of the Second Islamic Millennium), who said two things: one, about the need to rid Islam of Hindu influence that unfortuantely crept in during Akbar's un-Islamic rule and two, the need to put the Shi'as to sword. Sirhindi's time coincided with the reign of Jehangir whose grandson, Aurangzeb was greatly influenced by Sheikh Sirhindi. We know what happened. Sheikh Sirhindi also praised cow-slaughter in India as a great Islamic act. One of his descendants is Sibghatullah Mujadiddi, Afghanistan's first president chosen by the mujahideen in exile in Peshawar in 1989. In Pakistan, there is one particular terororist group, Tanzeem-al-Ikhwan run by Maulana Akram Awan in Chakwal, that is based strictly on Sirhindi’s teachings. This particular tanzeem has close Army connections.

[partha]

SSji, good point.

http://dawn.com/2013/03/09/attack-on-ch ... militants/

KARACHI: Pakistan’s government should immediately take legal action against Islamist militant groups and others responsible for threats and violence against minorities and other vulnerable groups, Human Rights Watch demanded on Saturday in the aftermath of devastating attacks on Christian minority in Lahore.

While international and Pakistani human rights groups have long called for the reform or repeal of the blasphemy law, it has come under renewed scrutiny after a mob torched dozens of houses located in a Christian neighbourhood in Lahore, forcing hundreds of Christians to flee.

How exactly reforming / repealing the blasphemy law will stop mobs from attacking minorities?

“The ugly fact is that the blasphemy law is an enabler of mob violence against vulnerable groups,” said Hasan.

Again, what c*ap? Protecting Malsi.

“As long as such laws remain on the books and the authorities remain unwilling or unable to rein in mobs playing judge, jury and executioner, Pakistan will remain plagued by abuse in the name of religion,” he added.

Blasphemy law is a law of peace and tolerance. This human rights dude is Blasphemophobic. Only a fringe group misinterpret the Blasphemy law. This is an international conspiracy against Blasphemy law by the enemies of Blasphemy law. People who follow Blasphemy law are being victimized.

[shiv]

Blasphemy law is a law of peace and tolerance. This human rights dude is Blasphemophobic. Only a fringe group misinterpret the Blasphemy law. This is an international conspiracy against Blasphemy law by the enemies of Blasphemy law. People who follow Blasphemy law are being victimized.

You forgot. Opposing the blasphemy law will only strengthen the hands of the extremists.

[Lalmohan]

the logic is as follows - whenever they are not winning, they believe that lack of purity has led to the reverse - so a return to purity will make things better. this is a repeating pattern over the centuries

[pankajs]

Pakistan committed to eliminate human trafficking: PM

What about the trafficking of pigs?

[Baikul]

Paki supreme court wants the Good Haqqani to come & report in 3 weeks failing which it wants to extradite him from the US.

And meanwhile:
http://www.thenewstribe.com/2013/03/11/ ... -pakistan/
Musharraf likely to delay his return to Pakistan

The g@@ndu kammandu is now as predictable and repetitive as a simple algorithm.

Siachen, Kargil- advance rapidly, retreat precipitously. Recycle, repeat.



But seriously, I have been reading up on Mushy in the past few weeks, and in his army career and his politics he has a track record of doing exactly that.

[Lilo]

Having my commie hat on,

methinks there is a class war going on in La'whore , Al-Bakistan...

With the falling percapita incomes the hitherto purer momeen who never deigned to takeup cleaning, washing , scavenging jobs and were perfectly happy with the dutty kuffar doing them are now clamoring for these dirty jobs (astaghfirullah !!). Remember how Djinnah threatened the kuffar underclasses of violent consequences if they dared to migrate away from the land of the pure in 1947, giving up on their social obligations to the mommin... now the situation has reversed in his moth eaten bakistan after 60 years.

Riots and house burning is a good way of cleansing their locality of the kufffar entrenched in these these jobs (and make them free for the mommin to takeup :whisper:)

Is this is linked to the failing textile industry (which is a major employer) across Al Bakistan ?
The frequent riots in Faisalabad against Nasara could atleast be viewed this way... IMO onlee

All the more reason for India in concert with Bangladesh to snuff out the paki textile sector while taking all possible measures to make electricity more and more rare and costly for pakis to afford. This coming summer one can expect more such action onlee .

[Brad Goodman]

Lilo I think you are correct. Just to add to your point. These acts also have another vested interest. Scaring the kafirs out of these localities which at time of partition might have been out of town shanties but now prime real estates. So scaring them to sell these at cheap rates to builder mafia and move further out of town.

[Anindya]

Musharraf will make up for his delayed presence in Pakistan, by doing paid gigs in India; paid for by Indians with an aim of educating Indians about how we should do more for Pakistan. Haqqani and Musharraf have done the same in the past and we seem to have no problems in doing this.

[Lilo]

BG,
Real estate angle is certainly probable - this Badami bagh area is falling beside the newly inaugurated la'whore "Bus Metro" line... but all in the name of Arrah the merciphool onlee

[Anindya]

Burn us too, wails survivor of Christian massacre in Lahore

Members of the minority Christian community in Lahore have accused the PML-N Government in Punjab Province of patronising a Muslim mob of setting fire to dozens of Christian homes in the city’s Joseph Colony, a Dawn News report said.

Muslim mobs, allegedly instigated by PML-N MNA Malik Riaz ransacked, robbed and burnt to the ground Christian homes on Saturday, in retaliation to alleged insults made by a man against Prophet Muhammad under Section 295-C, an accusation which has not been proved.

James Rehmat, a Christian worker, openly accuses the PML-N Government of actually provoking the mob.PML-N member Malik Riaz led attack on Christian community in Lahore: Report

“Some top leaders of the N-League, including Malik Riaz (local MNA) led the procession. On Friday night, another local PML-N leader came and had banners put up against blasphemy,” he points upwards to freshly put up cloth banners saying ‘The penalty of blasphemy is only beheading’, the report said.

[SSridhar]

Death by a Thousand Cuts - Farahnaz Ispahani, The Hindu

The recent mob attack on Christians in Lahore, resulting in the burning down of over one hundred Christian homes while the police stood by, is a reminder of how unsafe Pakistan has become for religious minorities. The attacks on Christians follows a rising tide of attacks on Pakistan’s Shia Muslims, sometimes mischaracterised in the media as the product of sectarian conflict. In reality, these increasingly ferocious attacks reflect the ambitious project of Islamists to purify Pakistan, making it a bastion of a narrow version of Islam Sunni. Pakistan literally translates as “the land of the pure”. {Your grandfather accepted that name and was part of the project to bisect India. So, why are you lamenting now when purer forces are doing unto you what you did to Bharat ?} But, what started in an imperceptible way as early as the 1940s, picking up momentum in the 1990s, is a drive to transform Pakistan into a land of religious purification.

Muslim groups such as the Shias that account for possibly 20-25% of Pakistan’s Muslim population and Non-Muslim minorities such as Christians, Hindus and Sikhs have been target-killed, forcibly converted, kidnapped and had their religious places bombed and vandalised with alarming regularity. At the time of partition in 1947, Pakistan had a healthy 23% of its population comprise non-Muslim citizens. Today, the proportion of non-Muslims has declined to approximately three per cent. {Shi'as also took part in the cleansing process. When it came to Kafir Hindus or Kafir India, all you guys joined hands with Sunni Pakistanis. Given another chAnce, you would do the same to the kafir Hindus. So, now, suffer. Who cares except for newspapers like The Hindu ?} The distinctions among Muslim denominations have also become far more accentuated over the years.

Changing times

Mohammad Ali Jinnah, the founder of Pakistan and his two closest political and personal lieutenants, the Raja of Mahmoodabad and my grandfather Mirza Abol Hassan Ispahani, were all Shia Muslims. All three devoted their political lives and personal finances to the creation of Pakistan. Mr. Jinnah named Sir Zafrulla Khan, member of the embattled Ahmadiyya sect, as Pakistan’s first foreign minister. As originally conceived, Pakistan did not discriminate among various Muslim denominations, and non-Muslim minorities too were assured of equal rights as citizens. But things have changed over the last several decades. Last week, the massacre of the Shia community of Abbas Town in Karachi took place on and around a road named after my Shia grandfather.

Driven out or degraded

Over the years, Pakistan’s constitution has been amended to designate the Ahmadiyya as non-Muslims. A similar drive, influenced by Salafi ideology from Saudi Arabia, has been undertaken by Deobandi groups against the Shias. A terrorist offshoot of the Deobandi movement (‘ T akfiris ’ — those who declare some Muslims as ‘ kafirs ’ or unbelievers) has been escalating atrocities against Shias in an effort to drive them out of the country or to force them to accept a lowered status in an Islamised Pakistan. Their targets have included men, women and children.

Pakistan’s Shias belong to different ethnic and linguistic groups and different tribes. They are spread all over the country. The one thing that unifies them in the eyes of their murderers is their religious beliefs. The anti-Shia terrorists roam the land with impunity, appear on primetime talk shows on television and hold political rallies where they declare Shias as unbelievers and Wajib-ul-Qatal (deserving of death). They are very rarely arrested, even after they proudly and publicly announce their deeds — like in the two recent massacres of the Hazara Shias of Quetta. When they are arrested, they have access to mobile phones in prison, receive visitors openly and are often released swiftly on their own recognisance. The few who have been tried have always been acquitted by Pakistan’s judiciary for “lack of evidence”.

State turning a blind eye

What is often painted — deliberately — as a Shia-Sunni conflict is, in fact, quite another creature. The anti-Shia groups are used by Pakistan’s permanent establishment in Afghanistan and other neighbouring countries in pursuit of “strategic depth”. When, inspired by their bigotry, the Jihadis attack Shias within Pakistan, their state sponsors tend to avert their eyes.

A year ago, a bus was stopped on its way to Gilgit-Baltistan. Shias on board were identified by their names and other means, taken off the bus and beheaded and shot dead. Several months later, the same type of massacre was repeated in the same region. The Taliban took credit for both acts of terrorism. Shias in Parachinar and Hangu located in the FATA (Federally Administered Tribal Areas) have been fighting the Taliban unaided for years. And, their dead bodies now number thousands.

The recent extensive reporting of the plight of the Hazara Shias by the media is the result of mass protests held across the country in solidarity with the victims. The targeting of Shia doctors and other professionals in Karachi has also been an attempt to make the middle-class Shia flee abroad to leave only the poor and voiceless of their community behind. After each act of violence the Taliban/Lashkar-e-Jhangvi (LEJ) or Sipah-e-Sahaba Pakistan (SSP) proudly own up the operations.

One example is from a news agency reporting from Qudrat News in Quetta: “Banned religious terrorist organization, Lashkar-e-Jhangvi, has claimed responsibility for the suicide blast on Kirani Road, Hazara Town. The spokesman, Abu Bakr Sidiq, called the news channels on Saturday evening from an identified location and said that the attack was carried out by our colleague, Umar Farooq.”

“In 2013, this was our second suicide attack in the Shia areas. Like this, we have 20 vehicles full of explosives ready for our suicide bombers. Soon as we get the order [from LEJ leader Malik Ishaq], their target will be Alamdar Road, Mehr Abad, and Hazara Town. God Willing, now we will kill Shias in their home.

“We want to tell the Sunnis, for God sake, strap your bodies with bombs and stand up with LEJ in the fight against the Shias… If Sunnis won’t rise up, then they should refrain from having any relation with the Shias because now either we will live in Balochistan or the Shias… We seek help from Allah in this fight and this fight will end as Balochistan becoming the graveyard of the Shias.”

The international community must not ignore the systematic elimination of Pakistan’s Shias, Christians, Hindus and Ahmadis. The United Nations must nominate a Special Rapporteur on the systematic elimination of Pakistan’s minorities. Pakistan’s military-intelligence establishment as well as the federal and provincial governments must be asked to fulfil their responsibilities in protecting the Shias and other Muslim and non-Muslim minorities in Pakistan.

(The author is a former Member of Pakistani Parliament )

[kish]

Burn us too, wails survivor of Christian massacre in Lahore

Muslim mobs, allegedly instigated by PML-N MNA Malik Riaz ransacked, robbed and burnt to the ground Christian homes on Saturday, in retaliation to alleged insults made by a man against Prophet Muhammad under Section 295-C, an accusation which has not been proved.

Inshallah, True smilsum doesn't have to beg or eat grass. They can rob the kafirs like christians, sikhs, hindus, ahmedias, shias until they last. All they have to do is cook up a blasphemy story. Apart from shias, other kafirs are born blasphemers because they don't agree on the most perfect man in the world.

is this what they call internal consumption in economic parlance?

“Some top leaders of the N-League, including Malik Riaz (local MNA) led the procession. On Friday night, another local PML-N leader came and had banners put up against blasphemy,” he points upwards to freshly put up cloth banners saying ‘The penalty of blasphemy is only beheading’, the report said.

halla, is a merciful god. The only offerings he accepts is the head of kafirs, which the faithfools offer in plenty. malsi is religion of peace only

[RamaY]

RB garu,

The next prediction is he lands in Delhi. Let us see what happens

[akashganga]

Death by a Thousand Cuts - Farahnaz Ispahani, The Hindu

Death by a Thousand Cuts was a policy adapted by Pakjabis to hurt india. Chicken coming home to roost.

Until recently when primarily Hindus and Sikhs were ethnically cleansed from Pakistan these people were keeping quite. Both sunnis, and shias were equally responsible for driving out hindus and sikhs from their motherland of 10000 years.

When muslims start killing each other they start going to kafir lands and start pleading for help. Kafirs should not help them. At a minimum kafirs should demand that the pakjabi regime gives up its nuclear program.

[member_22872]

Whoa! What about my 4th cousin, 3rd removed who paid $1500.- to have pre-departure dinner and photo session with Musharraf?!

Raja Bose garu, your 4th cousin's, deposit is 400% secure onlee, Mush never said he is cancelling, his coming like any other prophet just got deferred similar to TSP's IMF loan re-payment, why so much kolavari? he will go to TSP when he thinks fit, even if that means he has to sleep in a body bag (not to be confused with sleeping bag).

[pankajs]

Death by a Thousand Cuts - Farahnaz Ispahani, The Hindu

Karma.

[abhijitm]

some IEDiots can't wait till jumma
[url=xxxhttp://dawn.com/2013/03/11/blast-in-karachis-landhi-area-injures-three-police/]Blast in Karachi’s Landhi area kills two[/url]

An explosion at a cigarette shop killed at least two people and wounded seven others in Karachi’s Landhi area on Monday, police said.

The incident took place in the poor, crowded Khurramabad neighbourhood of the southern port city of 18 million people, which is plagued by murders, kidnappings and politically linked violence.

“At least two people were killed after the explosion at a cigarette shop,” local police official Mohammad Khalid.

Bomb disposal official Abdul Hameed said initial investigations showed that the bomb was planted under a motorcycle and detonated with a timer.

[Prem]

"]http://dawn.com/2013/03/11/the-decline- ... n-muslims/
The decline of Indian Muslims

Influential Muslim clerics, including those at the Deoband seminary, blamed eclectic Mughal rule that embraced Hindu influences for their decline. Their powerful message was that Muslims could only regain power by returning to the original and pure faith of the early Islamic period. This is their message still. [/quoteWe should not target the messanger, Dalrymple.
This is a dangerous message from Deoband. The Mughals did not establsih their rule by engaging Hindu Indian rulers in debates. So, what are the deobandis, whose adherents are causing all the havoc in Pakistan Afghanistan and beyond, saying ?

Do India have any choice but to exterminate this civilizational threat to its internal and external security by using all possible means of huamne methods? Kutte Ki Poonch cant be straighten so it must be sliced intp many pieces, put in a Wine Bottle and burried 72 feet under public Pakhana.

[abhik]

No Muslim can kill a Muslim.

No, Muslim can kill a Muslim.

Fixed.

A Muslim who is killed by a Muslim is proven to be a non-Muslim i.e. Being killed by a Muslim Un-Muslims you. So no Muslim can kill a Muslim onlee.

[Prem]

[url=http“Some top leaders of the N-League, including Malik Riaz (local MNA) led the procession. On Friday night, another local PML-N leader came and had banners put up against blasphemy,” he points upwards to freshly put up cloth banners saying ‘The penalty of blasphemy is only beheading’, the report said.
halla, is a merciful god. The only offerings he accepts is the head of kafirs, which the faithfools offer in plenty. malsi is religion of peace only

The man who has put up the banner is a Kaffir. How dare he not mention that beheading must be done after reciting a special prayer over the head of victim. The man has not only denied the Muslim God's mercy to the soon to be decapiated man but also the Tradition Of Islamic Love ,Eternal Truth (TOILET) . No true Malsian will ever do this.

[Prem]

Hussain Haqqani to be brought back forcibly if he returns not willingly: SC
Chhuhe sey Billi Boli, Aa Khele Aank Macholi

Supreme Court (SC) has rejected Pakistan former ambassador to US Hussain Haqqani plea on exemption from attendance in the court and directed him to appear before it within 3 weeks.
A 9-member SC larger bench led by the Chief Justice of Pakistan (CJP) Iftikhar Muhammad Chaudhry took up the case for hearing on Monday.Upon it the CJP remarked the security arrangements made by the government were appreciable.
Asma Jahangir said Hussain Haqqani had reservations despite all the assurances of security. “Haqqani asks what serious situation has emerged that he is needed in the country, she added.
CJP observed “Hussain Haqqani had left the country after giving the affidavit that he would return within four week. A sufficient time has been elapsed now what to speak of 4 weeks that Hussain Haqqani is not returning. Hussain Haqqani should honor his affidavit and court’s order”.
He further observed “we have extended ample opportunity to Hussain Haqqani and we will give no more time to him. It is better for him if he returns to country. Democratic system is in place in the country. Institutions are functioning and no one should need to worry in this regard. Government is providing security as much as it can provide to him”.Asma Jahangir said the Hussain Haqqani be granted exemption from his attendance in the court.The court rejected her plea and issued orders saying that Hussain Haqqani would be proceeded against under law if he failed to return to the country within 3 weeks. The court holds several options including revocation of his passport on this count. “We have given opportunity repeatedly. If Hussain Haqqani thinks that court can do nothing then he is under some delusion. If Hussain Haqqani does not come back willingly then he will be brought back forcibly”, court remarked.The court directed Asma Jahangir to contact her client Hussain Haqqani within two weeks and inform it about his return to the country.The court also directed AG to send a copy of these orders of the court to Pakistan embassy in US .

[member_22872]

Why doesn't SC do the same with Mushy the kommandu? lured by TSP whore, he is raring to come back anyway, why doesn't SC fulfill his wish?

[Ramu]

Death by a Thousand Cuts - Farahnaz Ispahani, The Hindu

Karma.

Whoa! mrs good haqqani is a shia?

[member_22872]

Mohammad Ali Jinnah, the founder of Pakistan and his two closest political and personal lieutenants, the Raja of Mahmoodabad and my grandfather Mirza Abol Hassan Ispahani, were all Shia Muslims. All three devoted their political lives and personal finances to the creation of Pakistan.

So they schemed and dreamed about TSP, they got one and now their brothers are being slaughtered like sheep. Yes Karma is a bitch indeed.

[Prem]

The challenges facing South Asia — Muh Mam Mad Om aaar If tii khaar
South Asia Soth Asia Kar pyare Bhai, South Asia Asia; Thandi Annhe Naa Bhar Pyar naa , Bhar Pyae Naa South Asia Asia
For Entertainment only: I and the Price by A Poaqanimal

South Asia is facing a myriad of political and social challenges. Two prominent neighbours — Pakistan and India — recently scuffled over the Line of Control (LoC), which only served to escalate their already tensed relationship. Moreover, their internal problems are gradually rising. In Pakistan, the political crisis is entering its climax following the Long March fiasco that froze life in Islamabad for nearly five days. The recent wave of bomb blasts and political unrest in Pakistan prior to the upcoming elections are surely to leave an impact on Islamabad.India, on the other hand, is still reeling from the brutal gang rape of a New Delhi student. The inhumane incident resulted in widespread protests across the country and in other parts of the world. The protestors and social activists demanded the Indian government to provide women with better security arrangements, especially those living in New Delhi. Political change is also making waves in India. The official appointment of Rahul Gandhi as the Vice President of the Indian National Congress is another event of political significance. Considered as the future prime minister of the country, Rahul will take forward the Gandhi family legacy at a time when India is in desperate need of young blood to resolve its major issues.Bangladesh is another elephant in the room. The country is fast progressing in all sectors with the vision of becoming the region’s economic hub. Bangladesh has a GDP of nearly $112 billion and yearly exports exceeding $24.28 billion. It recently signed a weapons deal with Russia worth one billion dollars, which shows the level of commitment Bangladesh has to lead the region, if not the world. Although the balance of power in South Asia rests with India, and to some extent with Pakistan, Bangladesh has the potential to become an influential player in the region.
All South Asian nations share a similar past. Either the British ruled over them or the natives lived under oppression from the neighbouring countries. Sri Lanka is no different in this regard. Where Pakistan and India gained independence in 1947, Sri Lanka, however, earned freedom from the oppression of the Tamil forces in 2008 following a decade-long civil war. The current regime of President Mahinda Rajapaksa is making efforts in steering Sri Lanka back towards democracy

[Prem]

Zardari links global peace to Pakistan prosperity
Tere Sukh Abb Mere , Mere Dukh Subb Terre: Oil Fields And Cash Reserves Kar do Naam Merre

CHAHBAHAR: President Asif Ali Zardari Monday said that regional and global peace is linked to prosperity in Pakistan.Addressing at the groundbreaking ceremony of Iran-Pakistan multi-billion gas pipeline project, President Zardari regarded the pipeline project as "very important" for Pakistan.He said the prosperity of Pakistan and Iran was inter-linked and the former was striving to become self-reliant.He said the international community was unaware of the problems of regional countries and was not cognizant of appropriate solutions to many issues.He said the relations between Pakistan and Iran were strengthened through commonality of religion and culture.He said the gas pipeline project would usher in a new era of progress in Pakistan. The President thanked Iran for extending its cooperation to address Pakistan's energy shortage.

[ramana]

Death by a Thousand Cuts - Farahnaz Ispahani, The Hindu

They can get their 72 with Ram Singh in jahnaum.

[anupmisra]

Alright, who wants to bet on this latest real estate investment debacle to build the world's tallest building in k'rachi? Bahria Town, US group sign $20 bn investment MoU

Pakistan’s Bahria Town and a US investment group signed a memorandum of understanding (MoU) for $15 to 20 billion investment on Monday, Geo News reported.

Watch this space: $15 to $20 Billion!! Checking up on this RE developer from Miami who has many other grandiose plans for the middle east, here's what his childishly crude website says:

THOMAS KRAMER signing the MOU for the WORLD’s BIGGEST TOWER & ISLAND DEVELOPMENT “Bodha Island City” of the coast of Karachi, Pakistan.

Pakistan real estate developers and investors Bahria Town has signed a memorandum of understanding (MoU) with US investor Thomas Kramer on Monday. Bahria Town founder and former chairman Malik Riaz Hussain said that the project, Bodha Island City, would be developed 3.5 km off the coast of Karachi at a cost of Rs15-20 billion.

Malik Riaz speaking on the occasion said that if he is given a chance he would make Pakistan into Dubai and Europe

He said that the project would help provide employment to the unemployed

The obvious difference between $15 - $20 Billion and PKR 15 to 20 Billion does not seem to hit home yet. Wait for the denial. Watch this space.

[Prem]

The obvious difference between $15 - $20 Billion and PKR 15 to 20 Billion does not seem to hit home yet. Wait for the denial. Watch this space.

The difference is only of couple of Kafar Zeros, whats the big deal?

[partha]

Alright, who wants to bet on this latest real estate investment debacle to build the world's tallest building in k'rachi? Bahria Town, US group sign $20 bn investment MoU

Watch this space: $15 to $20 Billion!! Checking up on this RE developer from Miami who has many other grandiose plans for the middle east, here's what his childishly crude website says:

THOMAS KRAMER signing the MOU for the WORLD’s BIGGEST TOWER & ISLAND DEVELOPMENT “Bodha Island City” of the coast of Karachi, Pakistan.

Malik Riaz Hussain said that the project, Bodha Island City, would be developed 3.5 km off the coast of Karachi at a cost of Rs15-20 billion.

Malik Riaz speaking on the occasion said that if he is given a chance he would make Pakistan into Dubai and Europe

He said that the project would help provide employment to the unemployed

The obvious difference between $15 - $20 Billion and PKR 15 to 20 Billion does not seem to hit home yet. Wait for the denial. Watch this space.

Haha! good catch anupji. Watch this space indeed!

[MurthyB]

THOMAS KRAMER signing the MOU for the WORLD’s BIGGEST TOWER & ISLAND DEVELOPMENT “Bodha Island City” of the coast of Karachi, Pakistan.

Pakistan real estate developers and investors Bahria Town has signed a memorandum of understanding (MoU) with US investor Thomas Kramer on Monday.

This guy is one of two possibilities:

1) Deadbeat who will sign anything (like the Nyborgs in Glengarry Glen Ross)

2) A ponzi scammer like Allen Stanford and his IPL-beating league who is one bust away from a 110 year prison sentence.

[Gagan]

Money laundering business?
Ever since the days of the BCCI and then Nawaz Sharif's ingenious banking schemes, the Pakis have tried to set up a money laundering set up.

[SSridhar]

The difference is only of couple of Kafar Zeros, whats the big deal?

That is indeed a very profound statement, Jhujar considering the fact that meaningless zeros were Kafir Hindu creation.

[Vipul]

Pakistan’s violent evolution.

Soon after independence, a violent fanatic tried to assassinate Muhammad Ali Jinnah in Karachi. When interrogated, the would-be assassin said the creator of Pakistan had behaved in an un-Islamic fashion and the new nation was not sufficiently Islamic. Since then, the country has, bit by bit, taken a turn in the direction that he so desired.

[anupmisra]

This deal is probably worth PKR 15 Billion or $150 Million. Since I am in this line of work in the NY
Region, here's how it is probably structured.

Kramer is a Miami socialite/investor/builder and will probably invest 2.5% of the entire amount, and will defer most of the GP equity as his development fees of 5% to 10% to manage this deal. He will also take control of the actual construction where he will get a 6% CM fee. The rest of the 97.5% of the project cost will be split between 27.5% GP (7.5%) and LP equity (20%), and the 70% debt will be based on guarantees by collateralizing the local Bahria real estate, state guarantees, and backed by personal wealth of local investors. Kramer pockets 8.5% to 10% of the project cost plus pref and proceeds from sales, and Riaz Hussain gets to convert his black money to white by collaterizing his wealth as a guarantee to raise the 70% debt. Win-win for all. Pakis get the worlds tallest building with no residents, if it ever gets funded.

The plan also calls for the world's most modern mall and other specific purpose cities. Yeah right. This is a one big scam to bring undeclared wealth back into the country. Pakis are falling hook line and sinker for yet another snow job.

AoA.

[shiv]

This is a one big scam to bring undeclared wealth back into the country. Pakis are falling hook line and sinker for yet another snow job.

AoA.

I think it is a scam to get money out of Pakistan