My friends since yesterday NAB has launched a media campaign to defame three of us ie retired Generals who ran PAK Railways during Musharraf era and turned it round into a profitable and well run service. We are being targeted as retired Generals by those who have an issue with Musharraf but can not get to him. The case of royal palm briefly is as under:
This was a run down full of bushes railway Golf Course on lease to Mr Ishaq Khakwani and his associates at Rs 12 per year. We cancelled this lease and advertised it internationally for converting it to an international standard Course with contractor's investment. The highest bidder was a consortium of Malaysian and Pakistani firms. The new lease terms gets Railway Rs 5 crore per year increasing by 15 % every year. Lease is for 49 years and the whole property belongs to railway. The contractor had to spend approx Rs one billion to convert it to what it is today. 11 years ago this lease charge was considered a very good deal.
Mr Khakwani went to high court in 2001 against this deal but the case was thrown out. He did not give up and through his friends in the media mainly Rauf Klasra continued to malign me.
He and his friends kept taking this to 5 different committees of the parliament without any thing adverse coming out. Now on a petition by him the Chief Justice decided to take suo moto notice . The trial was held in 2010 and the judgement was reserved. After two years instead of giving judgement he initially ordered a retrial but later asked NAB to investigate . It may be pointed out that on a complaint the NAB investigated and cleared it in 2003 but now again on orders by CJ they have restarted the inquiry .The irony is that the petitioner Mr Khakwani who demands that this now developed facility should be reverted to him and his associates is not questioned by either NAB or the CJ about the fabulous sum of Rs 12 per year lease. We are alleged to have given it at less rates not even considering that at that time Rs 5. crore per year is equivalent to Rs 15 crore at present value . One had to take into account investment of almost a billion rupees to develop this asset for PAK railways as a permanent source of income. In those days of sanctions getting this foreign investment was seen as a great achievement. Today after 12 years instead of appreciating that this Railway which again today is sunk was recovered and converted into a well run and profitable entity, we are being hounded as if we have committed a crime. If this is a reward for working hard and honestly for your country, then who would stick his neck out. Meanwhile everyone is sitting on the sideline and watching retired Generals being targeted through suo motos. We have not done anything wrong and no evidence of any corruption was produced in the court nor was it alleged by any one. However the witch hunt continues
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