Skip to main content

Muzarba Scandal

By

Did you guys heard about the scandal named Muzarba? How many of you know what Muzarba is?
Let us discuss today what muzarba is and how it effected Pakistani's.
Muzarba stands for " Power of attorney"  its a business in which you give money to someone and gives him the power to invest your money and you get profit in return.
Muzarba scandle started in 2011 from karachi.Mufti ahsan the main culprit was behind all this.He promised people that if they invest some money in their business they will get them 5-10% profit of the total amount they invested.
Every investor will be their partner in business. Slowly the news broke like a storm and people started to invest in this scam and within one year the scam reached 300billion of investment.
Mufti Ahsan bought property in porch areas of Islamabad,A plastic pipe factory in gujrat,medicine factories,two companies in philipine,poltery forms etc.. and Meezban store,which has around 44 stores in the country now.
According to NAB when Mufti Ahsan was interogated it was revealed that total amount was never deposited in banks.It was always kept in bags.
When selected company managers collected an amount equal to 50 million. 20 Million was given to investors.5 million to share holders .5 million as manager profit and remaining 25 million was sent to head quarters.
5 of the culprits are in custody of NAB. Remaining flew out of country.
I am no body here to prove was it a scam or not.What do you guys say?
Labels:

Comments

Post a Comment

Be Polite

Popular posts from this blog

Basant In Lahore 2014

By
Hamza Shehbaz,Son of Chief Minister of Punjab has announced Basant in Lahore in year 2014. He in a press conference made it clear that Basant will be celebrated next year in months of January February. Final date for basant celeberation is from 21st Feb to 5th of March . Location will be Changa Maanga.Special train service will be available from cantt station to Changa Maanga.
3 comments
Default-facebook

Can Pakistan Lift T20 Cup ?

By
Pakistan cricket team is always considered as inconsistent , on their day they can be world class and other day they can be as mediocre as one can get. But in T20 Pakistan is the most consistent side in the world. Since T20 world cup has begun Pakistan is the only team to reach semi finals of all the three world cups , they won one and was runner up in the second . As far as Pakistan's bowling is concerned they have the best bowling attack with world class bowlers at death. Pakistan has a good variety in their bowling line up they have left am seam bowler and Guldozer  considered as one of the best death overs specialist. Two off spinners one is Ajmal who no one can read and other is Hafeez . One good thing about Ajmal is his "Doosra". He has been in international cricket for some time now but still with so much technology no one can pick him . He literally make batsmen dance on his deliveries. He is the best current bowler in all forms of the game . And then we ...
3 comments
Default-facebook

Chapped Lips

By
Even if you are a girl or a boy,the first thing a person notices in your while you are talking is your lips.Lips if are in perfect shape can seduce opposite sex in seconds. Many of us have a bad routine,some of us talk allot and our diet plans are not that good so we have chapped lips. Chapped lips is one of the major problems a normal person faces with there lips.Chapped lips can be cured using many home made remedies and methods. How to prevent Chapped Lips? Try to increase intake of water or other fluids in your daily life,you will find your lips in a better condition.Stop licking your lips.It shows tension on once face and destroys your lips.Even the color of your lips changes and you even face chapped lips at the end. Home Made Remedies There are many home made remedies for chapped lips,How to cure chapped lips 1. Use of Vaseline and lip balm are very helpful in curing chapped lips but excessive use of any product can destroy your beautiful lips.But to cure chapped lips appl...
Post a Comment
Default-facebook