Both Musharraf and Nawaz Sharif were rulers of Pakistan with absolute power. Both kept all power in their hands to rule the country. Both are angry with opportunist politicians who deserted them in the time of crises. Both are now heads of “Muslim Leagues”. Both landed in politics without having political background.
Both are products of military establishment. Both are forced to live in exile after being ousted from the office. Both are having large expensive residence in Pakistan and London. Both are very close to Saudi Arabia’s royal family. Both have huge resources.
Both tried to solve the Kashmir dispute with India while BJP was in government. Both attacked the Chief Justices of Supreme Court during their governments. Both are fond of music. Both claim to be lion and tiger. Both love and hate America at the same time. Both are power hungry. Both are yearning to rule Pakistan again.
S T HUSSAIN
Lahore
A loan of Rs3 billion against the Sharif brothers remains outstanding despite a lapse of about ten years when the physical assets of four industrial units Ittefaq Foundries, Brothers Steel, Ittefaq Brothers and Ilyas Enterprises were surrendered to nine lending banks, who haven’t got a penny back since 1998. The Sharif brothers were lauded in the national press in 1998 for surrendering their physical assets to nine banks but in actual terms, these banks did not get a single penny back after one of their (Sharif’s) own directors moved the court and got a stay order against selling of these assets. The stay order in favour of Ittefaq Brothers remains effective till date. Meanwhile, the representatives and legal experts of these nine banks are said to have recently met at Lahore to decide a new course of action to recover the loans from the Sharif brothers who have been shown as “defaulters” of the banks. The National Bank of Pakistan is the worst affected bank with a stuck up loan of Rs1.5 billion. Earlier, in his capacity as Prime Minister, Nawaz Sharif in a highly charged televised address to the nation, had announced to surrender all the physical assets of Itefaq Foundries, Brothers Steels, Ittefaq Brothers and Ilyas Enterprises to the nine banks, whom the Sharifs reportedly owed Rs3.09billion. The process of selling the Ittefaq Foundries was stopped when one of the relatives of Sharif Brothers moved an application in the Lahore High Court in 2005 and the matter is still pending with the courts without any payment to the concerned banks. This is just a glimpse of corruption by Sharif brothers, if I go in details, a brief book could be written. In true sense it is pot calling the kettle black. Mian Sahib first return the money of embezzlement and corruption.
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