It was reported a couple of nights ago on a private news channel that Finance Minister Abdul Hafeez Sheikh expects 800 million USD revenue, from the auction of 3G fast internet license to telecom companies.
Here, I must forewarn all and sundry, that under no circumstances, the worth of this auction amount can be less than 4-5 billion dollars. India got 24 billion USD from the same auction in April 2010. Details are available at www.snayyar.com.
All patriotic citizens and institutions must beware, lest we may not be cheated again, by the people who sell valuable national assets for even less than the peanuts (as they did in Musharraf’s era).
SYED NAYYAR UDDIN AHMAD
Lahore
