The News - Sunday, December 06, 2009
Records now show that many top military officers got their loans written off. This lucky lot included five lieutenant generals, two major generals and a battalion of other senior uniformed beneficiaries, with some Army (mis)managed institutions to boot.
The Army controlled institutions also got their share from the national plunder with the Army Welfare Trust (AWT) got a massive loan written off worth Rs 14.49 million from a state-owned financial entity, which is now defunct (hardly a surprising fate).
Some of the cases were, however, genuine as their loans were written off in accordance with rules.
According to the official list of loan write-off beneficiaries tabled in the National Assembly, Lt General (retd) Ali Kuli Khan and his father Lt General Habibullah Khan had their loans written off. General Kuli had shot to prominence when he was ignored by the then prime minister Nawaz Sharif in favour of Gen Musharraf in a bid to succeed General Jehangir Karamat as the next COAS.
The list shows that General Kuli Khan got two loans written off from the Allied Bank of
It’s a little known fact that Chief of the Army Staff General Ashfaq Parvez Kayani had once served as the staff officer to General Ali Kuli Khan during his stint as Chairman Joint Chiefs of staff in 1998 when Jahangir Karamat was the Chief of Army Staff (COAS). General Kuli shot to prominence within the ruling political circles when he was heard opposing the forced resignation of General Kamarat and had indicated to make Nawaz Sharif ‘fall in line’ if he became the next COAS. Later, Gen Kuli Khan had denied this charge in an interview with this correspondent. But, Ch Nisar Ali Khan had also confirmed to this correspondent in an interview that Ali Kuli was not elevated to the post of the Army chief precisely for this reason after some of his quotes were conveyed to Nawaz Sharif.
Talking to The News from
Lt General (retd) K M Azhar, who later became active in politics, of Rex Breen Batteries got Rs16 million written off by the Agriculture Development Bank. His business partners were Misbah Azhar, Sward Azhar, Ahmed Jamal Siddiqui, Syed Ijaz Ahmed Hashmi, Mauro Dr Bashir Ahmed.
Lt General (retd) SA Burkey and Lt General (retd) Safdar Butt also figure amongst the happy generals benefiting from the state institutions generosity.
Another prominent name on the list is that of Air Marshal (retd) A Rahim Khan.
Air Marshal (retd) Viqar Azeem also got Rs15 million written off from Pakistani Kuwait Investment Co. Lt General (retd) SA Burkey, Major General Zahid Ali Akbar, Brig MM Mahmood, Begum Omar Mahmood, Saeed Ahmed also got loans written off.
Gohar Ayub Khan, brother of General Kuli Khan—Raza Kuli Khan also got a loan of Rs7.2 million written off against Rehana Woolen Mills. Tariq Ayub Khan, Zahid Ahsan, Ahsan Khan were the directors of the mills whose loan was written off by the financial institution SAPICO.
Major General (retd) M Mumtaz from Abbottabad, Lt Colonel (retd) Shaukat and Major (retd) Tajuddin Rs1.2 million, Major General (retd) Ghaziuddn are also in the list. Major General (retd) G Umar also got Rs8.5 million written off from the Agriculture Development Bank.
Lt General (retd) Safdar Butt, Major General (retd) Abdullah Malik, Brig (retd) M M Mahmood, Col (retd) M Zafar Khan, Mohammad Afzal Khan, Mrs Hamida Farhat also got benefits from the UBL. General (retd) Abdullah had resigned after the military coup of General Zia and had opposed the military take over of July 1977.
Talking to The News, Brig (retd) Mahmood denied that his industrial unit EFF, EFF Industries had got the loan written off. He clarified that he had entered into an agreement with the bank but this package was never implemented until recently.
The list also names Brig (retd) M A Baig and Qamar Ahmad, BA Siddiqi, Zubair Rashid, Mohammad Sadiq Baig, Riazur Rehman, Mrs Mamomnna Khatoon, Mrs Mehr Riaz, Mr Taufiq Ahmed Rs 1.09 million (UBL). Lt-Col (retd) Ch M Anis Ahmed, Col Atta ullah, Shahid Atta, Mst Qamar un Nisa Rs 2.6 million, Irfan Rice Mills of Col (retd) Nazar Hussain Rs 1.6 million, Mehr Textile Mills, Chakwal, Col Mohammad Ayub Khan, Ch Nisar Ali Khan, Ch Asad Ali Khan, Mrs Sultana Zakia, Mohammad Nawaz, Ch Ghulam Ali Khan. Major General (retd) Khadim H Raja, Air Marshal (retd) A Rahim Khan, Mrs Sattar Azim Khan also got loan written off.
Mohammad Textile Mills Limited of Air Commodore (retd) Amanullah got a loan of Rs95 million written off from the UBL. His other business partners were Khurshid Alam, Mohamamd Rafiq, Mrs Bilquis Begum, Tanveer Ahmed, Naseer Ahmed, Begum Sultana Fammay Khan, Sobia Fammy Khan.
Air Vice Marshal (retd) Ata Elahi Sheikh of the National Fructose Limited also got Rs43 million written off. His business partners were Shakirullah Durrani, Mohammad Aslam, Qamaruzaman, Syed Safiullah, Dr Mohammad Yousuf, Khan Akbar Majeed and TR Sariq.
Sairani Cotton Ginning Factory owners Capt (retd) Shahraz Latif and his business partners Shahnaz Latif, Ch Mohammad Ashraf also got loan written off. Air Marshal (retd) A Rashid Sheikh, Air Vice Marshal (retd) S Moinur Rab, Group Captain (retd) Mohammad Ismal Khan, Salman Rashid of Sky Rooms Limited got Rs 8.4 million loan written off. Brig (retd) SM Bakar Naqvi, Mian Ahmed Rabbani, Pervez Iftikar Khan, Abdul Aziz, NM Khanzada and Major (retd) Afzalul Haq also among the beneficiaries.
Captain (retd) Shaukat of Locus Enterprises got Rs8.8 million written off. His business partners were Wiqar Abbas, Khalid Khan,
A Lt-Col, who owned the Meditex Intl got Rs6.322 million written off from the HBL. His business partner was
Major (retd) Mohamamd Anwar, S Aijaz Ali Shah, S Amjad Ali Shah, S Ghulam Qadir, S Aftab Ali Shah, S Ali Gohar Shah, S Amin Shah also on the list. Lt-Col (retd) M Jaffar, JH Dinshaw Rs 7.2 million, Chemphar Pakistan Limited of Brig (retd) Shareef Rahat, Captain (retd) AM Murad and Major (retd) Tariq Baig are also among the beneficiaries.
source - http://thenews.com.pk/print3.asp?id=25928
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