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  #1  
Old 12th October 2011, 10:16
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PCB Chairman accused of irregularities & corruption at ZTBL: Petition filed

Quote:
ISLAMABAD, Oct 11: The appointment of Zaka Ashraf as chairman of Pakistan Cricket Board was overshadowed by a petition filed in the Supreme Court by a senior officer of Zarai Taraqiati Bank Ltd on Tuesday, seeking recovery of losses suffered by the nation because of irregularities and corruption allegedly committed by Mr Ashraf as head of the bank.

Advocate Mian Abdul Rauf, who filed the petition on behalf of Senior Executive Vice President of ZTBL Mohammad Nadeem Chohan, also requested the court to set aside the Sept 28, 2011, notification under which Mr Ashraf was allowed to continue as president of the bank.

Zaka Ashraf, who is also chairman of the Ashraf Group of Industries, is considered to be a close friend of President Asif Ali Zardari.

The federal government, through establishment secretary, State Bank of Pakistan and finance secretary, besides Mr Ashraf, are respondents in the petition. Several annexures have been attached to substantiate the allegations levelled in the petition.

Mr Ashraf, the petition alleges, is not qualified to become president of the agriculture bank and, therefore, not eligible to continue to hold the same office.

The petition alleges that he is hampered by lack of qualifications and is also disqualified in view of his demonstrated lack of “honesty and integrity”.

On Aug 30, 2008, the finance division had nominated Mr Ashraf as president of the ZTBL and the bank`s board of directors confirmed his appointment on Sept 3.

But the SBP declared him unfit to hold the post. Subsequently challenged before the Rawalpindi bench of the Lahore High Court the appointment was declared illegal, prompting Mr Ashraf to institute an intra-court appeal that was transferred to the Islamabad High Court and is still pending there.

After his term as ZTBL president expired on Sept 3, 2011, the finance division issued a notification on Sept 28, allowing him to continue to hold the post.

His appointment, the petition alleges, is illegal and mala fide and result of his direct influence with the person at the helm of affairs.

The petition accuses Mr Ashraf of being involved in corruption, committing irregularities and serious violations of law and indulging in favouritism and discrimination.


Citing an internal ZTBL audit report, the petition highlights 32 cases of irregular appointments in violation of bank`s own policies with an annual financial impact of Rs58 million.

The petition says that despite a ban imposed by the federal government on fresh recruitments from April 2008 to February 2009, Mr Ashraf illegally employed 11 officials in the Kissan Support Services (Pvt) Ltd without any advertisement in the newspapers and open competition. The Auditor General of Pakistan also objected to the appointments for creating a liability of Rs23.9 million. These officers were later reappointed in the bank with the same designations knowing well that two of them had been fined by the Security Exchange Commission of Pakistan.

Mr Ashraf allegedly awarded a Rs100 million contract of designing and consultancy of ZTBL building in Abbottabad in violation of procurement rules and transparent process to a firm owned by his brother-in-law.

Likewise, he got his secretariat on the 12th floor of the building in Islamabad renovated bypassing procurement rules. He also allegedly awarded a contract for supply of fertiliser to a single company in violation of rules and created exclusive franchise/monopoly at public cost, the petition alleged.

The agriculture and farming community is in dire need of crop inputs and tractors, which plays a pivotal role in the development of agriculture, the petition says. But Mr Ashraf as president exposed the agriculture sector to immense losses and the growth level witnessed a slide resulting in decline in lending. The tractor loans scheme alone registered a negative trend by 93 per cent, the petition alleges.
http://www.dawn.com/2011/10/12/sc-mo...bl-losses.html


Last edited by Statsman; 12th October 2011 at 10:42.
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  #2  
Old 12th October 2011, 10:33
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What on earth Bring Back Butt I say
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  #3  
Old 12th October 2011, 10:34
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.....And the circus begins.........Again.
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  #4  
Old 12th October 2011, 10:34
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well done ZAka Ashraf 1st you fup ....... ZBTL ... PCB is 2nd on ur list :p
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  #5  
Old 12th October 2011, 10:35
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Well qualified to take over from Ijaz Butt then......
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  #6  
Old 12th October 2011, 10:36
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What a surprise. Really. I'm surprised.
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  #7  
Old 12th October 2011, 10:39
ManHOOS ManHOOS is offline
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Expected after all Zordari has picked him
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  #8  
Old 12th October 2011, 10:42
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Quote:
Originally Posted by Proud To Be A Pakistani
well done ZAka Ashraf 1st you fup ....... ZBTL ... PCB is 2nd on ur list :p
Zardari has left the whole country in a mess, pcb tou kuch bhi nahi hai
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  #9  
Old 12th October 2011, 11:11
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Quote:
According to Hussain Haqqani, Zaka Ashraf has never been accused of financial wrong in his 25-year public career.
There you go....
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  #10  
Old 12th October 2011, 11:17
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Don't worry guys his tenure won't last long like the current government's.
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  #11  
Old 12th October 2011, 12:23
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Day 1 of his tenure has started well then....
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  #12  
Old 12th October 2011, 12:55
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chalo atleast Agriculture sector to inkay karam say bach gya ;)
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  #13  
Old 12th October 2011, 13:08
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Quote:
Originally Posted by abc_to_xyz
chalo atleast Agriculture sector to inkay karam say bach gya ;)
Isnt he still the chairman?
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  #14  
Old 12th October 2011, 13:18
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Not surprised he is Zardari's friend after all..........
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  #15  
Old 12th October 2011, 13:31
Masterji Masterji is offline
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Welcome to the bankruptcy of PCB. Whatever Zardari touches it soon becomes s--t. What an evil -------.
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  #16  
Old 12th October 2011, 13:47
Passionate-FastBowler Passionate-FastBowler is offline
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All I care is that he :-

1) Stays out of meddling in team affairs.

2) Stays out of selection matters.

3) Does not force a player into the team he falls in love with !

4) Just manage the financial and admin side of PCB and strongly avoid using politics against people who actually play the game on the field.


Other than that everything else would be down the hill anyways, didn’t matter whether ijaz butt was chairman or this new guy. Both are corrupt down to the core of their hearts. Nothing new.

When you have the biggest thief as a President of Pakistan then expect the same from the people under him and chosen especially by him.

Last edited by Passionate-FastBowler; 12th October 2011 at 13:50.
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  #17  
Old 12th October 2011, 13:49
Passionate-FastBowler Passionate-FastBowler is offline
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Quote:
Originally Posted by Masterji
Welcome to the bankruptcy of PCB. Whatever Zardari touches it soon becomes s--t. What an evil -------.
I suppose, democracy the best revenge
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  #18  
Old 12th October 2011, 13:51
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so whats gonna be his first act? cmon we can come up with something creative.
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  #19  
Old 12th October 2011, 13:53
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Controversy on the first day

Only in Pakistan !
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  #20  
Old 12th October 2011, 13:58
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Quote:
Originally Posted by the Great Khan
so whats gonna be his first act? cmon we can come up with something creative.
Captaincy to the highest bidder. Offer places in the team for people with some serious loot. Each player to swear allegiance to Zardari and the PP.
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  #21  
Old 12th October 2011, 14:06
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Quote:
Mr Ashraf allegedly awarded a Rs100 million contract of designing and consultancy of ZTBL building in Abbottabad in violation of procurement rules and transparent process to a firm owned by his brother-in-law.
It seems like a certain Imran Farhat should have no problems now.
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  #22  
Old 12th October 2011, 14:09
Passionate-FastBowler Passionate-FastBowler is offline
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Quote:
Originally Posted by Masterji
Captaincy to the highest bidder. Offer places in the team for people with some serious loot. Each player to swear allegiance to Zardari and the PP.
Unless Zardari has got his own personal holy book ? If the jews and christians can write their own why is zardari any less ?
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  #23  
Old 12th October 2011, 14:13
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hey hey tell me something new!!
(
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  #24  
Old 12th October 2011, 14:36
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Quote:
Originally Posted by the Great Khan
so whats gonna be his first act? cmon we can come up with something creative.
He'll want a 10% cut on any money players earn through fixing. His financial background should certainly help in this regard.
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  #25  
Old 12th October 2011, 15:15
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Pakistan Steel Mills strating making a loss as soon as Zardari cronies took over. Bye Bye PCB
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  #26  
Old 12th October 2011, 15:29
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You didn't have to tell everyone about this.. I mean he is Zardari's friend so what would you expect?
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  #27  
Old 12th October 2011, 15:38
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Nothing surprising. Shows he is indeed Zardari's friend.
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  #28  
Old 12th October 2011, 15:57
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laughed out loud only for everybody to hear me in computer suite




this doesnt surprise me at all

corruption is clearly a daily routine now in pak
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  #29  
Old 12th October 2011, 17:12
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*190 Million.

Allah he hum pay Rehm Karey

I say bring back butt

*190 Million.
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  #30  
Old 12th October 2011, 17:23
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why am I not surprised at all.
What else can one expect from them I am sure Zardari was looking for a bigger chor and he found it.
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  #31  
Old 12th October 2011, 17:31
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Ijaz butt Please come back we love you
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  #32  
Old 12th October 2011, 17:36
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Quote:
Originally Posted by Sir.Unique
Ijaz butt Please come back we love you


Old is gold
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  #33  
Old 12th October 2011, 17:51
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Lol @ people wanting Butt back... Chill guys it's only been 1 day so far
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  #34  
Old 12th October 2011, 17:57
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Quote:
Originally Posted by Passionate-FastBowler
All I care is that he :-

1) Stays out of meddling in team affairs.

2) Stays out of selection matters.

3) Does not force a player into the team he falls in love with !

4) Just manage the financial and admin side of PCB and strongly avoid using politics against people who actually play the game on the field.


Other than that everything else would be down the hill anyways, didn’t matter whether ijaz butt was chairman or this new guy. Both are corrupt down to the core of their hearts. Nothing new.

When you have the biggest thief as a President of Pakistan then expect the same from the people under him and chosen especially by him.
This type of response really perplexes me, I do not mean the above poster but generally.

Corruption whether it be at a small scale or a large scale is corruption and should be treated as such. If we condemn it, then it should be condemned whether it is for a penny or for millions. On the one side, we have posters wanted to throw the book at the trio for a supposed corruption of 150,000 pounds. On the other, we have people willing to look the other way when the chairman is possibly involved in something much bigger. What is the message we are trying to give, if you are to be corrupt then do it at a grand scale or else we are going to come after you.
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  #35  
Old 12th October 2011, 19:00
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so in reality Zaka is Zardari's kaka
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  #36  
Old 12th October 2011, 20:22
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He has been in PPP since 1970 and a close friend of zardari !!!! PCB is part of Pakistani system change sytem at top and every thing will get better with time. So plz dont complain when we elect this ppl with our votes!!!
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  #37  
Old 12th October 2011, 20:25
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This guy is like of corruption
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  #38  
Old 12th October 2011, 21:23
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^^ beastly?
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  #39  
Old 12th October 2011, 21:37
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And he's off the mark with a lovely straight drive.
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  #40  
Old 12th October 2011, 21:57
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  #41  
Old 13th October 2011, 03:37
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lol who did u guys expect zardari to pick
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  #42  
Old 13th October 2011, 05:16
Namak_Halaal Namak_Halaal is offline
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Quote:
Originally Posted by hasanmehmoodkhan
lol who did u guys expect zardari to pick
Exactly. Corruption begets corruption.
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  #43  
Old 13th October 2011, 06:38
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Heart failure
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  #44  
Old 13th October 2011, 07:24
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Nobody should be surprised.

Nepotism and patronage are embedded in our culture, country cannot run without it.
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  #45  
Old 13th October 2011, 10:12
Radiance Of Australis Radiance Of Australis is offline
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Quote:
Originally Posted by kingusama92
And he's off the mark with a lovely straight drive.


God, PCB never fails to entertain.
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  #46  
Old 13th October 2011, 10:56
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Only in Pakistan do we replace donkeys with other donkeys in high powered postions!
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  #47  
Old 13th October 2011, 11:09
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Quote:
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Only in Pakistan do we replace donkeys with other donkeys in high powered postions!
please don't insult Donkeys, they actually contribute positively to the GDP of Pakistan.
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  #48  
Old 13th October 2011, 11:34
ash 68 ash 68 is offline
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lying stealing cheats

how long will people let this continue?
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