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Senator Enver Baig of the PPP has expressed shock and dismay over the increasing incidence of corruption involving high ups and the regime's refusal to take action them.
In a statement on Sunday, he said that it was shocking that in spite of a serious charge sheet against the Crescent Standard Investment Bank Ltd by the Security Exchange Commission of Pakistan of mass financial irregularities, no action had been taken against those involved in the scam.
The CSIB Ltd had recently been charge sheeted by the SECP for maintaining parallel books of accounts, investing in stock exchange share and investing in real estate as against the rules and named Crescent Group owners, Anjum Saleem and Erra Chairman Altaf Saleem as those involved in the scam, he said.
Enver Baig said that the regime shielded those accused of corruption as was evidenced from the fact that Salim Altaf was still continuing as head of Erra besides holding offices in the Sui Northern Gas Company and in the government and no action was being taken.
He said that he was surprised that Altaf Saleem recently even gave a high profile presentation to Musharraf and the diplomatic corps on the performance of Erra.
This was intended to give a message that the regime was not bothered about the SECP findings as long as the accused toed the line of the masters, he said.
Enver Baig said that according to reports a number of governments and international bodies were reluctant to extend any financial assistance for earthquake reconstruction because of the allegations of corruption against its chairman.
He said that corruption thrived under the military dictatorship as was evidenced from the recent reports of the selling Haj quotas in which the name of Federal Religious Affairs Minister also figured and the sugar scandal in which several federal ministers are involved.
-Online

Copyright Associated Press of Pakistan, 2006

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