Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Musharraf ‘sold’ gifted property for peanuts
04-28-2010, 01:12 PM
Post: #1
Musharraf ‘sold’ gifted property for peanuts
* Report charges Maj Gen ® Hussain with misusing authority as envoy to sell Chancery, ambassador’s residence in Jakarta

By Tahir Niaz

ISLAMABAD: The government-owned Chancery building and the ambassador’s residence in Jakarta – gifted by Indonesian President Soekarno to Pakistan – were sold out in 2002 on a directive by then chief executive General Pervez Musharraf in a completely non-transparent manner and in violation of instructions by the Foreign Affairs Ministry, according to official documents.

A report – compiled by the Foreign Affairs Ministry and available with Daily Times –says the deal was struck with an aim to extract massive kickbacks. It says when former Pakistani ambassador to Indonesia Maj Gen ® Mustafa Anwar Hussain signed a binding agreement on February 18, 2002, for the sale of the Chancery, an inter-ministerial committee authorised to finalise the deal was yet to consider the proposal for the sale of properties. Hussain even asked the ministry to “regularise” the sale deal – which he made in his own capacity – to “sidestep heavy penalties”.

The ministry told Hussain that he was not the competent authority in striking such a deal without the approval of the inter-ministerial committee, and asked him to refrain from finalising agreement. However, he went ahead with the sale, claiming he had acted in line with “a directive by the chief executive on the sale of both properties”.

Hussain not only defied repeated instructions by the ministry, but also hired the services of his Indonesian wife’s company through a written agreement to conclude the sale deal for the Chancery and the ambassador’s residence.

Citing then defence attaché Col Khalid Mehmood, the report says that Hussain and one of his friends extracted massive kickbacks in the sale of the properties in Jakarta.

The ministry – in a summary on March 30, 2002 – asked Musharraf to recommend that the ambassador be instructed to immediately annul the agreement and take full responsibility for the consequences. While in an inquiry report, dated April 16, 2002, a committee said there was a basis to believe that procedural irregularities had taken place, it called for the chief executive’s approval for the agreement.

On September 18, 2002, the inter-ministerial committee approved the sale of the ambassador’s residence to Era Victoria for $2.28 million.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  DHA Sold Land To EOBI For Less Salman 0 5,023 07-25-2013 12:36 PM
Last Post: Salman
  PSA Sold Gwadar Port Rights to Chinese Company @ $ 288.00 Million LRE 0 8,056 08-31-2012 09:29 PM
Last Post: LRE
  PIA (Ba-Kamaal Log) sold Boeing for Rs 10 Million! LRE 0 3,002 07-20-2011 04:14 PM
Last Post: LRE
  KPT responds to charges of selling land for peanuts Lahore_Real_Estate 0 3,439 07-04-2011 05:30 PM
Last Post: Lahore_Real_Estate
  Nawaz Sharif in bed with anti-Pakistan elements, says Musharraf Lahore_Real_Estate 0 4,641 02-08-2011 01:50 PM
Last Post: Lahore_Real_Estate
  Holbrooke dismisses chances of Musharraf comeback Lahore_Real_Estate 0 3,280 11-20-2010 01:11 PM
Last Post: Lahore_Real_Estate
  Nawaz amassed over $1bn ill-gotten money: Musharraf Lahore_Real_Estate 0 3,581 11-10-2010 02:23 PM
Last Post: Lahore_Real_Estate
  Nawaz will never return to power, says Musharraf Lahore_Real_Estate 0 3,589 11-08-2010 03:04 PM
Last Post: Lahore_Real_Estate
  Diamond studded pen sold for Rs2.3m Lahore_Real_Estate 0 2,886 11-02-2010 05:52 PM
Last Post: Lahore_Real_Estate
  Musharraf approved drone recce: Gilani Lahore_Real_Estate 0 3,701 10-23-2010 12:25 PM
Last Post: Lahore_Real_Estate
  PA passes resolution against Musharraf Lahore_Real_Estate 0 3,345 10-13-2010 01:18 PM
Last Post: Lahore_Real_Estate
  SHC defers verdict in petition against Musharraf Lahore_Real_Estate 0 3,660 10-12-2010 03:55 PM
Last Post: Lahore_Real_Estate
  Nawaz bluffed me over Lahore Declaration:Musharraf Lahore_Real_Estate 0 4,320 10-12-2010 03:55 PM
Last Post: Lahore_Real_Estate
  Musharraf has lost his ‘senses’, says Raja Riaz Lahore_Real_Estate 0 3,354 10-11-2010 12:14 PM
Last Post: Lahore_Real_Estate
  Musharraf's interview @ Express TV LRE 3 8,070 10-07-2010 09:58 AM
Last Post: LRE
  'Sorry' Pervez Musharraf launches new Pakistan party Lahore_Real_Estate 0 3,456 10-02-2010 01:26 PM
Last Post: Lahore_Real_Estate
  Musharraf to announce new party manifesto on Oct 1 Lahore_Real_Estate 0 3,442 09-18-2010 12:50 PM
Last Post: Lahore_Real_Estate
  Musharraf to launch political party on October 1 Lahore_Real_Estate 0 3,271 09-15-2010 11:42 AM
Last Post: Lahore_Real_Estate
  Chief Justice to greet Musharraf on return: PM Lahore_Real_Estate 0 3,453 09-14-2010 12:19 PM
Last Post: Lahore_Real_Estate
  Musharraf raises Rs250m for flood-hit: news channel Lahore_Real_Estate 0 3,414 09-14-2010 12:19 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 2 Guest(s)