Fawad Chaudhry asks where loans taken during PML-N, PPP govts went
April 09, 2019
ISLAMABAD: Information Minister Fawad Chaudhry on Tuesday questioned where loans taken during the tenure of Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) went.
“The total loans of Pakistan from 1947-2008 amounted to $37 billion. From these loans, Islamabad, Tarbela, Mangla and Naval bases were built. The army was provided with the latest weapons, Gwadar and the motorway were built. From 2008-18 the loans increased to $97 billion which is an increase of $60 billion. The question is where this money went?” the minister tweeted.
Chaudhry alleged that two families distributed this amount amongst themselves. “Both ruling families used the Hudaibiya fraud model several times. Money was sent abroad using hundi and hawala. Fake accounts and fake people were used. Nawaz, Shehbaz and Zardari were central characters while there are dozens with side roles.”
