[The News (Pak) Top Stories] Government decisions, in total disregard to merit, fair play and transparency, based on personal monetary gains for a few individuals in the government have grossly compounded the economic miseries of Pakistan and turned several government organisations into insolvent corporate entities, according to an investigation during which dozens of well-placed and informed sources in the government and corporate sectors were interviewed.
Positioning of several handpicked corrupt and incompetent officials in key appointments at the government-run companies, in many cases without an active approval of Prime Minister Yousuf Raza Gilani, has left a trail of incredible cases of corruption never witnessed before.
Many policy decisions with financial implications in the government-run corporations routinely carry an imprint of a few individuals, who maintained close personal and business ties with some of the most important people in the government between 1997 and 2008. |