PAK Army's business is more than Rs 1.5 lakh crore: business from real estate to bank, this is the root of corruption


Posted on 23rd Nov 2022 03:55 pm by rohit kumar

The wealth of Pakistani army officers are wild. Experts have given only one reason for this – the army is the biggest business house in the country. She runs the industry and indulges in corruption. According to the official documents presented in the Parliament there, the Pakistani army does business with more than Rs 1.5 lakh crore.

 

Businesses include cement, fertilizers, seeds, oil, gas, electricity, airport service, aviation parts, footwear, army equipment, security service, distillery, bank, meat, metal, advertising agency, medical services to real estate. On behalf of the army, this business is run by more than 50 companies or projects under four names Army Welfare Trust, Military Foundation, Shaheen Foundation, and Bahria Foundation.

 

Did you know?Explore Trending and Topic pages for more stories like this.

72 military officers suspended

Since 1947, 72 army officers above the rank of Major have been suspended in corruption cases. During the tenure of Imran Khan, the investigation is going on in corruption cases on 6 officers.

 

2500 crore scam

Recently, in the audit of the government, it has been revealed that the Pakistan Army has done a scam of 2500 crores. In this, military land and cantonment lands were sold to their people at throwaway prices with the connivance of senior army officers.

 

Bajwa became a billionaire in 6 years

 

Pakistan's Army Chief General Qamar Javed Bajwa has assets worth Rs 450 crore. This has happened 6 times in his 6 years tenure. In the last 6 years, Bajwa's relatives and close friends built form houses and started international businesses and commercial plazas in major cities of Pakistan including Karachi, and Lahore. Apart from this, he has also bought property abroad.

 

Musharraf increased corruption

According to the 2018 investigation, Dictator General Pervez Musharraf gave plots and other benefits worth about one lakh crore rupees to their favorite officers soon after becoming the President. Musharraf and his family had 10 properties worth billions of rupees.

 

accounts of 25 retired officers in a swiss bank

According to the October 2021 report of Credit Suisse, 25 retired officers of the Pak Army have accounts in a Swiss bank. In these, more than 80 thousand crore rupees are deposited. It also has the account of former ISI chief Akhtar Abdur Rehman Khan. 15 thousand crore rupees are told in his account.

 

According to the Panama Papers, retired Lt. General Shafat Shah's Rs 5,000 crore in London. is the property of. He was the second-in-command officer during Musharraf's term.

 

Former army chief Ashfaq Parvez Kayani's two brothers were involved in the Rs 15,000 crore Islamabad housing scam.

 

Army Quetta Corps Lt. General Asim Salim Bajwa has given Rs 22,000 crore in the name of the family in the pizza chain Papa Johns. had invested.

 

Foreign companies of former ISI chief Major General Nusrat Naeem worth Rs 2,700 crore have also come to the fore.

 

Former ISI chief Asad Durrani involved the Pakistani army and ISI spies in the opium production business in the 1980s. Later, during the investigation, undisclosed assets of about Rs 2,000 crore were found in Asad Durrani's Swiss account.

 

Also Read: Pakistan's ruling coalition PDM begins talks with PTI to resolve the political crisis

1 Like 0 Dislike
Previous news Next news
Other news

Weather Update Today: Sunny day in Delhi and cold feeling in the evening, and possibility of heavy rain in these two states; Read the latest update

Weather Update Today: While there is bright sunshine in many places including Delhi and Uttar Pra

Home Loan Tips: Avoid These 6 Costly Mistakes Before Buying a House or Lose Lakhs in Extra EMI Payments

Buying a home is one of the biggest financial decisions most people make. While securing a home l

Pushpa The Rule: Makers of 'Pushpa 2' are preparing to give a big gift to the fans, the teaser of the film may come on this day.

Ever since Allu Arjun's Pushpa The Rise, people have been eagerly waiting for its sequel. The nam

Paytm Stock Rally: Ace Investor Who Bought During Crisis Now Gains ₹865 Crore

The investment made by Akash Bhansali—a seasoned stock market investor associated with Enam

MI vs RCB: 'This isn't working...'—Hardik Pandya lashes out after third consecutive defeat; hints at major changes.

Mumbai Indians captain Hardik Pandya has acknowledged the crushing defeat suffered at the hands o

Pakistan: Petition rejected in Imran Khan's contempt case, sealed on the decision of the sessions court

The Lahore High Court in Pakistan has dismissed former Prime Minister Imran Khan's challenge peti

Pakistan Crisis: Lale of bread in Pakistan, distribution of flour in the deployment of security forces; One killed in stampede

The people of Pakistan who are facing an economic crisis have run out of bread. Due to the skyroc

Lok Sabha Election: A day before counting, there was a commotion in the RJD-BJP office, BSP's statement created a stir in Buxar

Voting for the seventh and last phase of the Lok Sabha elections has ended. All the people involv

Oscars 2024 Highlights: From falling on the red carpet to being a nude presenter on stage, they caught attention at the Oscars

Oscars 2024 Awards winners have been announced. Oppenheimer and Barbee dominated the event this y

Bigg Boss 18: 'Every politician is hungry for popularity', Tajinder Singh Bagga takes a dig at today's politics

Politician Tajinder Singh Bagga is currently seen in Salman Khan-hosted reality show 'Bigg Boss S

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash