GOVERNMENT IS INVOLVED IN THE KARACHI STOCK EXCHANGE SWINDLING & MANIPULATION



The Manipulating Director (M.D) of Karachi Stock Exchange, Mr. Moin M. Fudda said yesterday (Jang Karachi Internet Edition) that, "the KSE is heading towards 'stability' and 'steadiness'". He also lied to the people by coming up with other excuses like, badla settlements, clearance etc were one of the few reasons of KSE's knocking down of 3300 points.

I don't know, whether KSE is heading towards 'stability' or 'disability' but, I do know for sure, that the KSE THUGS are most definitely making Billions of Rupees overnight by peeling off the skin of poor small investors and robbing them like hell.

After losing 3300 points in 7-8 sessions, the KSE picked up on 29th and 30th March, 2005 adding 400 points. But market slid down again on 31st March by over 300 points.

That's what I always say that, this "hide and seek" game makes THUGS Billions of Rupees overnight and thus it should be stopped. This swindling and manipulation, what THUGS call it, 'correction' 'stability' 'Balochistan situation' 'MMA strike' 'Bomb Blast' etcetera but, in fact, these are the crippled alibi to 'manipulate' the market to buy stocks on lower prices and sell at higher.

One thing is clear that, either, these THUGS are more powerful than the government or the entire government 'chain' is 'linked' to thing bungling, including President Musharraf, P.M Mr. Shaukat Aziz, SECP Chairman Dr. Tariq Hassan (who is also the advisor to the P.M) and State Bank Governor.


Once, I was reading the biography of Prime Minister Shaukat Aziz on a Website which at one place said that some analysts believe, before Mr. Shaukat Aziz came to Pakistan as Finance Minister and was working with Citibank, he happened to be known to President Musharraf's son in the United States and Mr. Aziz helped a lot to Musharraf family to manipulate money in the United States. In return, President Musharraf picked Shaukat Aziz Finance Minister as, in the long run, he could be more beneficial to the Musharraf family.

In reality, the KSE base is not more than 3000-3500 points and rest is all garbage, fake, jugglery, fabrication and different ways of conning down the small investors and throwing dust into the eyes of the world about Pakistan's economy.

I would suggest, that if government is honest and sincere in it's claim to investigate KSE affairs, they should assign World Bank and other foreign experts, not only to investigate the affairs of the KSE but to closely monitor it's future trading practices.

shafiqkhan@rogers.com
April 01, 2005

if you are so adament that the KSE is rigged and it should go up in one steady line. then how come you did not reply on the "SITTING ON DYNAMITE" thread???

shafiq you a pakistani?

you anti PAKISTAN sentiments are clearly not pak.

You are mistaken Yahya Sahib, please see, I did reply to your message.
There might be a mix up, if you have specific question, could you write please, I will definitely respond to you.
Well, this is our society's very old 'run away' tactic to tell people you are traitor, anti-Pakistani blah blah blah. Could you tell me what your patriots have done in Pakistan........lost half country and pissed off THREE other provinces?

sincerely,
SHAFIQ KHAN

Musharaf joined the army in 50s he participated in al wars since then, he went behind enemy lines in bangladesh with a will to die for the nation. and if it wasnt for him you wont have a pakistan to DISS.

also the bangladesh incident had heavy raw involvement which embeded anti pakistani centiments in pakistan which led to a revolution, this was immensly easy on indian side due to lack of education in those days...

at the present the pakistan economy is growing very rapidly, it will soon become the hub of trade for the central asian and west chinese industrys. also the growth in telecoms industry also the growth in motor vehicles industry, also the growth in use of natural resources such as oil and gas, there is far better police service (on the verge [highway police]) there is a solid detterant against fandus in india who are ver PRO ethnic cleansing, and are proud of the fact, there is i must admit solid improvements in pakistan.

if all leaders of pakistan where bastards then whome do you support sir??? what do you support?


and if you brag about democracy (i noticed anti martial law centiments) then why do i email you for questions? why not in the open?

and no you have NOT repleid ever since i posted a link to FTs market watch which is on a hourly resolution.

This article is rubbish - President Musharraf introduced the compensation scheme, everyone that lost money is being compensated. Infact, small novice investors are to blame since they placed their money in shady schemes rather then the SBP approved schemes.

More Info

yaar i think deff eas. this guy a definat indian after he calims the the markets move in smooth lines lol.

I am bhangeee, i am indian, i am banned and yet i managed to come back

These are his favorite words shafiq, dont mind him, if it were to him he would label everyone, who says anything againt our corrupt politician and musharaf, anti pakistani. People like him (gee huzoori) are whats holding pakistan back, they go after the rising sun and keep looking at it even if their eyes hurt and smoke comes out of every hole.

I was among few people who was saying this ever since the stock market crossed 5000, there are only handfull companies which are showing most of the activity in the stock market and if you look at their collective stock valuation, Karachi stock exchange should not have crosses 5000 points. Stock market was obviously played by few players to lure small investors and when it was to their convinience they pulled the plug. I wont go as far as saying Shokat Aziz or Musharaf were involved in this Scam, but Our Ex City President should have knows some gurbur in going on in the market and have had SECP looked into it, But I guess it was making the government look good so they sat quietly.

Anyway lots of small investor got screwed of their life savings and they should dare not say anything because Yahya will label them as Anti pakistani.

Yahya, dude you should learn the meaning of constructive criticism,

Now ask me If I m Pakistani too

These are his favorite words shafiq, dont mind him, if it were to him he would label everyone, who says anything againt our corrupt politician and musharaf, anti pakistani. People like him (gee huzoori) are whats holding pakistan back, they go after the rising sun and keep looking at it even if their eyes hurt and smoke comes out of every hole.

I was among few people who was saying this ever since the stock market crossed 5000, there are only handfull companies which are showing most of the activity in the stock market and if you look at their collective stock valuation, Karachi stock exchange should not have crosses 5000 points. Stock market was obviously played by few players to lure small investors and when it was to their convinience they pulled the plug. I wont go as far as saying Shokat Aziz or Musharaf were involved in this Scam, but Our Ex City President should have knows some gurbur in going on in the market and have had SECP looked into it, But I guess it was making the government look good so they sat quietly.

Anyway lots of small investor got screwed of their life savings and they should dare not say anything because Yahya will label them as Anti pakistani.

Yahya, dude you should learn the meaning of constructive criticism,

Now ask me If I m Pakistani too

Adeel,

Can you please post the Article with “President Musharraf’s Compensation Scheme”

Peace

i read the financial times and they are saying that the market is recovering......

the FT must be more credible then daily times surely...


also ajgir click on where it says "more info"

http://www.dailytimes.com.pk/default.asp?p..._1-4-2005_pg1_1

xyxmt

my declaration of him being indian came after he was so proudly an stock market investor with stocks in a multitude of exchanges and yet doesnt even know that stock prices fluctuate minute to minute.

this is what triggered my campaign against him and i assure you it will take a lot for him to convince me again that he is an investor (if he lies about one thing why are rest of his posts credible?)

shafiq we believe todays goeverment is progressing becouse we read news....we read about the oil lines we read about gwader, we see the improved conditions we see the improved telecoms, we see the improved roads..

and before you say we read wrong news i usually doent believe any pakistani news nor indian apart from dawn.

also pakistan for the first time paid back its foriegn debt last year....

truely this must be a good goverment.

i know why the old iluminati (musharaf, benazir and hundreds more) hate musharafs policys but why do you?

have you no faith in him???

bangladesh bhi aisay bikka tha... social engineering and the power of the media are very intresting subjects.....

i wonder how they big companys benifited whith their own sticks going down??? surely thats a bad thing? its nto abotu going realy high and coming realy fast down its the news that makes you mony if you know whats gonna happen;) and making shares go down is not a way of making mony im familiar with...

Yahya,

If you are referring to Adeel’s post then please read it and you will find there is no reference to “Compensation” in the Article from The Daily Times.

Prime Minsiter Shaukat Aziz is refering to the Pakistani Government's Compensation Scheme, as proposed by President Musharraf, Five Years Ago

Peace