News
Imran travelling, doing politics with money stolen from public limited company: Rashid
Minister says in next few days he will reveal more cases of theft by PTI chief
APPISLAMABAD - Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid here on Sunday said that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan cannot end theft from Pakistan, as he is travelling on aircraft and doing politics with money stolen from a public limited company JDW Sugar Mills.
Addressing a press conference, he said that Imran for the last two to three years was using an aeroplane which was owned by a public limited company JDW in which PTI Secretary General Jehangir Tareen holds minority shares of 29.76 per cent. 70.24 shares are held by financial institutions and ordinary shareholders, so Tareen does not own the aeroplane, he said.
Imran was using this aircraft for political purposes and for creating chaos and disunity in Pakistan, he said adding this is an illegal act as according to the company laws a public limited company cannot contribute funds for politics. He said that Imran was making speeches about lawlessness and misuse of public money every day but he himself is misusing funds of a public limited company, which is against the spirit of its charter.
The chartered accountant of the company in its financial report mentioned that in 2012, the expenses incurred on maintenance, oil and landing charges of the aeroplane are not shown in the accounts of JDW company, registered at Karachi Stock Exchange. The minister said that this huge expenditure on the plane was concealed, however in the next year an expenditure of Rs 40 million was shown as “other expenses”, so that shareholders cannot raise questions about this irregularity.
He said that JDW company can be fined and its director Tareen can be sentenced to two years for this crime. The minister said that the aeroplane can be used by Imran only with personal money or party funds and cannot be used with public money. He said that in the public meeting of Gujranwala, Imran should answer why he was using public money to run party campaign.
Imran was living a lavish lifestyle with huge motorcades of expensive vehicles, he said. “How a person, who only paid income tax of Rs 100,000, can live such a lavish lifestyle and fly on aircraft.” The minister said that PTI never showed the expenses of the aeroplane before the Election Commission. Imran should be answerable to people of Pakistan for telling lies, he stressed.
The minister said that it was responsibility of the Securities and Exchange Commission of Pakistan (SECP) to take action against such irregularities. He hoped that shareholders in the JDW Sugar Mills would raise their voice about the illegal act. Rashid also said that in the next few days, he would reveal more cases of theft by Pakistan PTI chief. To a question, the minister said that nobody would be arrested due to November 30 public meeting of PTI and the government would exercise restraint and tolerance, adding political parties have learned from the experiences.
He said that Imran should end outdated politics of imposing his decision on others and accept mandate of the people and avoid attacking the federal capital. The minister said that Imran and Qadri are declared proclaimed offenders by the court and the police would answer to the judge about his orders. He said that now Imran has been clarifying his earlier ill judged statements and acts before ambassadors of US and China, adding Imran should not do such acts because of which he later has to take U turns.
Courtesy www.dailytimes.com.pk