FOREIGN LOANS CAN BE PAID OFF IF SERVING AND RETIRED GENERALS AND HIGH-RANKING ARMY OFFICERS SELL THEIR PROPERTIES WORTH BILLIONS OF RUPEES – ALTAF HUSSAIN

 

London – 19 August 2000

 

Mr Altaf Hussain, MQM Founder and Leader while addressing the Pakistani nation has said that the prescription of how to pay off the World Bank and IMF loans is that all the serving and retired generals and other military officers should sell their properties worth billions of rupees.  Today the rulers are enquiring from the nation, “What should we do to rid the country from the curse of loans?” 

 

Mr Hussain said that we are presenting the prescription before the nation as to how we could rid the country from the curse of foreign loans.  The prescription is that all the serving and retired generals and high-ranking army officers should sell their ten (10) to twenty (20) expensive plots, lavish houses and thousands of acres of land and deposit this money in the national exchequer.  Furthermore, according to the Hamoodur Rehman Commission Report, billions of rupees of the public looted by the high-ranking army officers from East Pakistan should be recovered and deposited in the national exchequer.  With the help of these funds, all the present and previous foreign loans can easily be paid off and the country will get rid from the curse of foreign loans.   In addition, even after the repayment of all the foreign loans adequate funds will remain in the national exchequer, which will be sufficient to run the country for many years without the assistance of foreign monetary aid or foreign loans.  Mr Hussain said that if the army generals and the high-ranking army officers of our country lead the simple lifestyle, in accordance with the Islami Shariat, then our country will depict the image of paradise.