Rava http://rava.pk Fri, 17 Nov 2017 13:48:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.5.11 Key Sehwan bombing suspect arrested by CTD http://rava.pk/107450-key-sehwan-bombi-arrested-by-ctd/ http://rava.pk/107450-key-sehwan-bombi-arrested-by-ctd/#respond Fri, 17 Nov 2017 13:48:49 +0000 http://rava.pk/?p=107450 KARACHI: Counter Terrorist Department (CTD) police, in a press conference held by CTD DIG Amir Farooqui on Friday afternoon, claimed to have arrested Nadir Ali alias Murshid a key suspect of the Sehwan bombing. Farooqui explained that the arrest was made after intelligence agencies received a tip regarding his whereabouts. “He...

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KARACHI: Counter Terrorist Department (CTD) police, in a press conference held by CTD DIG Amir Farooqui on Friday afternoon, claimed to have arrested Nadir Ali alias Murshid a key suspect of the Sehwan bombing.

Farooqui explained that the arrest was made after intelligence agencies received a tip regarding his whereabouts. “He was moving from Balochistan to Karachi and was arrested from the Manghopir area while riding a motorcycle. Explosives were also recovered from his possession,” he said.

The accused belongs to Da’esh and during interrogation confessed that he along with his companions including Ghulam Murtaza alias Doctor, Safiullah and Barar Brohi (suicide bomber)  carried out an attack on a shrine at Sehwan Sharif on February 16.

At least 82 people were killed and over 383 were wounded in a suicide bombing at the shrine of Sufi saint Lal Shahbaz Qalandar in Sindh’s Sehwan town in February. According to a police source, the bomber entered the shrine and blew himself up amid a large assembly of devotees, many of whom were there because Thursday is considered a sacred day to pray at the shrine.

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Seventy shops, 3 houses gutted in Chitral market fire http://rava.pk/107446-seventy-shops-3-tral-market-fire/ http://rava.pk/107446-seventy-shops-3-tral-market-fire/#respond Fri, 17 Nov 2017 12:42:29 +0000 http://rava.pk/?p=107446 At least 70 shops and three houses were burned to ashes in Chitral’s Drosh Market when a fire broke out on Friday, Express News reported. The fire brigade service reached the incident site on receiving the information and tried to put out the conflagration which by then had enveloped at least 70...

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At least 70 shops and three houses were burned to ashes in Chitral’s Drosh Market when a fire broke out on Friday, Express News reported.

The fire brigade service reached the incident site on receiving the information and tried to put out the conflagration which by then had enveloped at least 70 shops and three houses adjacent to the market.

It couldn’t be ascertained how the fire broke out.

 Rescue services, police personnel and volunteers took hours to extinguish the fire which engulfed the entire market.

According to the shop owners, all valuable items stored inside have been destroyed resulting in huge losses for them.

The area addition deputy commissioner and an officer of disaster management visited the incident site.

The investigation to ascertain the cause of the fire has been initiated.

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10 Times Animals Showed What It is Like to Live as Hooman http://rava.pk/107428-just-a-collectioe-your-awww-bone/ http://rava.pk/107428-just-a-collectioe-your-awww-bone/#respond Fri, 17 Nov 2017 11:28:53 +0000 http://rava.pk/?p=107428 Being Hooman is not easy. These animals are perfect depiction to show the daily struggles we face in daily life: When I Try to Raise my Voice in Front of my Parents 2. When I try to put on Make-up 3. When Someone tries to Flirt with me 4. When I roll with...

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Being Hooman is not easy. These animals are perfect depiction to show the daily struggles we face in daily life:

  1. When I Try to Raise my Voice in Front of my Parents

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2. When I try to put on Make-up

3. When Someone tries to Flirt with me

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4. When I roll with my Homies

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5. When my co-workers complaint about my professional behaviour

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6. When I try to prove that I am strong

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7.  When I jump to Conclusions

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8. When I am chilling with my friends and someone we do not like starts talking

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9.  When I try to Act Tough From Outside but in reality I am just a fuzzy peach

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10. When my friends and I hear someone talking about Free Food

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‘I won’t be able to make it to China’: Gigi Hadid reveals she will NOT walk in the Victoria’s Secret Fashion Show in Shanghai – after ‘racist’ video of her ‘mocking Asian people’ sparked fury http://rava.pk/107442-i-wont-be-able-tple-sparked-fury/ http://rava.pk/107442-i-wont-be-able-tple-sparked-fury/#respond Fri, 17 Nov 2017 11:18:44 +0000 http://rava.pk/?p=107442 Posted at DailyMail, Gigi Hadid has revealed that she will no longer be walking in the Victoria’s Secret Fashion Show in Shanghai, just a few months after she came under fire in China over a controversial video showing her squinting her eyes to imitate Buddha. The 22-year-old model, who was slated to walk the runway with...

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Posted at DailyMail, Gigi Hadid has revealed that she will no longer be walking in the Victoria’s Secret Fashion Show in Shanghai, just a few months after she came under fire in China over a controversial video showing her squinting her eyes to imitate Buddha.

The 22-year-old model, who was slated to walk the runway with her sister Bella Hadid, took to Twitter on Thursday morning to say that she won’t be traveling to China to do the show.

‘I’m so bummed I won’t be able to make it to China this year,’ she wrote. ‘Love my VS family, and will be with all my girls in spirit!! Can’t wait to tune in with everyone to see the beautiful show I know it will be, and already can’t wait for next year!’

Gigi Hadid revealed that she will no longer be walking in this year's Victoria's Secret Fashion Show

Gigi Hadid revealed that she will no longer be walking in this year’s Victoria’s Secret Fashion Show

The model's Twitter announcement comes just a few months after she was forced to apologize to the Chinese people for a 'racist' video of herself squinting her eyes 

The model’s Twitter announcement comes just a few months after she was forced to apologize to the Chinese people for a ‘racist’ video of herself squinting her eyes

In September, furious Chinese people warned the supermodel not to attend this year’s show, which is being held in Shanghai this month.

After Chinese web users left thousands of angry comments to boycott Gigi, she had to issue an apology on a Chinese social media platform.

Gigi did not reveal why she pulled out of the show, although it was recently reported that some models were having trouble getting their Chinese visas approved.

Fashionista reported on Tuesday that four models, Julia Belyakova, Kate Grigorieva and Irina Sharipova from Russia and Dasha Khlystun from Ukraine, had allegedly been denied visas, according to Instagram fan accounts.

Instagram user @VSModelSpain posted a screenshot of a Dasha confirming that she will not be walking in the show this year via an Instagram Direct Message.

Although there was no mention of Gigi having issues with her visa, Chinese fans have been demanding that she be denied entry into the country because of her ‘racist’ video.

Some Twitter users responded to Gigi's announcement by telling her she got what she deserved

Some Twitter users responded to Gigi’s announcement by telling her she got what she deserved

Other people noted that it's unfair that Gigi won't be able to walk in the show with her sister Bella the younger Hadid was the one who recorded the 'racist' video 

Other people noted that it’s unfair that Gigi won’t be able to walk in the show with her sister Bella the younger Hadid was the one who recorded the ‘racist’ video

Many people speculated that Gigi's visa didn't go through because of the video 

Many people speculated that Gigi’s visa didn’t go through because of the video

Gigi’s tweet led to plenty of people questioning why she wouldn’t be attending the show, with some telling that she got what she deserved.

‘It’s what you deserved after that offensive video, and your white a** couldn’t even publicly apologize. We got Bella, we’re good sis,’ a woman named Whitney tweeted.

‘Weren’t you banned because of your racist video you never apologized for, cause if so it’s what you deserve,’ someone else wrote.

More than a few people speculated that Gigi was one of the many people who had issues with their visas.

According to Page Six, fashion bloggers, influencers, and members of the media are also having trouble getting their visas approved.

‘It’s just a nightmare for all the media trying to cover [the show],’ a source told the outlet. ‘These TV companies are spending a fortune on it, and they don’t even know what they can shoot when they get there.’

One person shared a Kim Kardashian meme to say the model has gotten 'what she deserves'

One person shared a Kim Kardashian meme to say the model has gotten ‘what she deserves’

Some of Gigi's fans defended her and blamed Victoria's Secret for her backing out of the show

Some of Gigi’s fans defended her and blamed Victoria’s Secret for her backing out of the show

Gigi did not reveal why she wouldn't be walking in the show, but many Twitter users speculated her Chinese visa was denied. She is pictured in New York City earlier this week 

Gigi did not reveal why she wouldn’t be walking in the show, but many Twitter users speculated her Chinese visa was denied. She is pictured in New York City earlier this week

Victoria’s Secret did not wish to comment on Gigi’s announcement.

Daily Mail Online has also reached to Gigi’s rep for comment.

The video at the center of the outcry was posted onto Instagram in February by Gigi’s 21-year-old sister Bella.

In the clip, which was later deleted, Gigi and friends can be seen at a restaurant, where several are singing Happy Birthday.

Gigi holds up a cookie in the shape of the Buddha, then smiles and squints her eyes to imitate his face.

At the time, other social media users quickly chimed in to criticize Gigi, with many claiming her actions to be ‘racist.’

Seven months later, the controversial video was back in the spotlight after Gigi confirmed she would attend this year’s Victoria’s Secret Fashion Show in Shanghai.

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Nana Patekar Has Donated Almost 90% Of His Earnings To Charity! + 8 Facts That’ll Make You Respect Him Even More http://rava.pk/107425-107425/ http://rava.pk/107425-107425/#respond Fri, 17 Nov 2017 10:30:22 +0000 http://rava.pk/?p=107425 Inspiring us a little more this time, here are 8 facts compiled by India Times that prove he prefers to live an ultra simple life, as compared to an over-the-top luxurious one that’s synonymous with celebs today. 1. Nana lives in a one-bedroom apartment with his mother. PHOTO: INDIA TIMES 2. He went...

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Inspiring us a little more this time, here are 8 facts compiled by India Times that prove he prefers to live an ultra simple life, as compared to an over-the-top luxurious one that’s synonymous with celebs today.

1. Nana lives in a one-bedroom apartment with his mother.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

2. He went under strict army training for a film and was awarded an honourary rank of Captain in early 90s. He even lent his services to the army after he completed filming.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

3. He personally presented farmers’ widows with cheques and when the power went off, people switched on their mobile torches so he could continue distributing the cheques.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

4. He also donated Rs 15,000 per family to 62 families of farmers who had committed suicide and visited about 112 of such families as well.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

Here’s what will happen if Nana Patekar watches Pakistani Ramazan shows

5. On it’s inauguration, Nana’s charity organisation received a tremendous response and over Rs80 lakh as donations. Now, when people question the credibility of organisations, his has been a clear winner.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

6. His foundation has also managed to collect Rs22 crores for farmer welfare and aims to fill dried lakes and rivers with clean drinking water for the community.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

7. His organisation now plans to connect with about 700 more farmers who are residing in other drought-stricken areas.

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

8. Explaining why he does what he does and his dedication towards the cause, he confessed, “Marte dum tak jeenay ki wajah mil gai hai mujhe,” which translates to “I have found a reason to live till I die.”

PHOTO: INDIA TIMES

PHOTO: INDIA TIMES

If this didn’t touch your heart, we don’t know what will.

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IHC gives Saturday deadline to clear Faizabad Interchange of sit-in http://rava.pk/107422-ihc-gives-saturdchange-of-sit-in/ http://rava.pk/107422-ihc-gives-saturdchange-of-sit-in/#respond Fri, 17 Nov 2017 07:32:21 +0000 http://rava.pk/?p=107422 ISLAMABAD: After religious parties’ continued their protest in the federal capital despite an earlier court order to call off their sit-in, the Islamabad High Court (IHC) on Friday has now ordered the Islamabad administration to clear the Faizabad Interchange of protesters by 10 am on Saturday. Justice Shaukat Aziz Siddiqui also...

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ISLAMABAD: After religious parties’ continued their protest in the federal capital despite an earlier court order to call off their sit-in, the Islamabad High Court (IHC) on Friday has now ordered the Islamabad administration to clear the Faizabad Interchange of protesters by 10 am on Saturday.

Justice Shaukat Aziz Siddiqui also allowed the capital administration to request Rangers or Frontier Constabulary deployment if talks with the protesting parties fail.

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20-70-10: the strategy to improve the performance of a company by laying off 10% of the least productive employees http://rava.pk/107419-20-70-10-the-structive-employees/ http://rava.pk/107419-20-70-10-the-structive-employees/#respond Fri, 17 Nov 2017 07:00:51 +0000 http://rava.pk/?p=107419 Are you afraid of being fired? Well maybe you should know that stress can make your job worse. Worrying about losing your job, feeling powerless due to the changing practices of your company and the uncertainty about your role there can affect your work performance and hit your morale. However, the creation...

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Are you afraid of being fired? Well maybe you should know that stress can make your job worse.

Worrying about losing your job, feeling powerless due to the changing practices of your company and the uncertainty about your role there can affect your work performance and hit your morale.

However, the creation of an insecure environment is a tactic used in some companies – which place additional and stressful demands on employees – with the mistaken belief that they will increase their performance.

There are some versions of this type of management.

One is the 20-70-10 rule, popularized by former General Electric President Jack Welch, who advocates firing 10% of its employees with less performance.

Former General Electric President Jack WelchCopyright of theGETTY IMAGESimage
Image captionFormer General Electric President Jack Welch advocated firing 10% of his employees with less performance.

Another version, known as “up or out”, is a strategy used by some law firms and consulting industries, in which low-performing employees or those who are not improving or increasing their performance are replaced. .

But William Schiemann, director of the Metrus Group, an organizational research firm in Somerville, New Jersey, says employees often complain about feelings of uncertainty in the workplace and that this affects their professional development.

” When companies use job security as a stick instead of a carrot, it becomes counterproductive, because workers lose their sense of commitment,” hesays.

“Tactics can break trust in the workplace,” he adds.

But even though the threat of losing your job is never pleasant, is there an optimal level of job security that makes the employee better fulfill his obligations?

And, is there something that you can do, that in the end you are just a simple cog in the corporate machine with the fear of being fired?

The answers are complicated.

Decipher job security

Although many employees worry about job instability, understanding how and why these fears arise is subjective.

Job-related anxiety generally depends on the profession, the job role, the employee’s financial situation, and even their location.

dismissalCopyright of theTHINKSTOCKimage
Image captionMany companies use the fear of being fired to obtain benefits from their employees

Workers in Europe, for example, have strict protections against downsizing compared to their American counterparts.

In Belgium, employees who have been at work for three years need to have a three-month notice prior to any dismissal, a number that may be closer to two weeks in the United States.

But job insecurity not only refers to the threat of being fired, but also the anxieties about the future.

This is what is known as qualitative labor insecurity, according to Tinne Vander Elst, organizational psychologist at the University KU Leuven, in Belgium.

In that country, for example, while only 6% of workers report fear of job loss, 31% fear negative changes in their employment situation. Both can affect performance, says Vander Elst.

Stress in small doses

Undoubtedly, the prospect of job loss and uncertainty about the professional career cause stress.

stressed womanCopyright of the imageALAMY STOCK PHOTO
Image captionHighly stressful situations at work are never good for long-term performance.

But in small doses, feelings of job uncertainty can give employees an additional incentive to achieve their work goals in the short term, says Schiemann.

A certain uncertainty linked to work – in times of layoffs or downsizing, for example – can make people work harder to demonstrate their value to the administration, he says.

“If (the employees) think it’s controllable, they’ll continue to make a real effort.”

For the consultants, the feeling of insecurity about their next project can also add an increase in performance, he adds.

Although there are no scientific studies on this phenomenon in particular, some research suggests that, in some cases, stress at work can help the employee to better focus on tasks and increase efficiency.

Disadvantages

However, highly stressful situations at work are never good for long-term performance, says David Creelman, a human resources consultant in Toronto, Canada.

“You should not put someone in this kind of situation if you can avoid it.” Highly stressed people are more likely to have mental and ethical lapses, and it’s harder for them to get along with team members than less stressed people. ”

But job insecurity not only affects health and alters performance, it also causes physical problems that can last for years after leaving work, says Vander Elst.

workersCopyright of theTHINKSTOCKimage
Image captionWorkers who reported having high levels of job insecurity felt depressed up to three years after leaving that job

A recent study by him suggests that workers who reported having high levels of job insecurity felt depressed up to three years after finishing that job.

” Experiencing high levels of job insecurity is a turning point to be depressed,” he says.

Even if some people work better with a little job uncertainty, those who feel insecure at work are at a disadvantage, says Vander Elst.

“Job insecurity is related to lower levels of performance in the role, innovative work behavior and higher levels of bullying behavior in the workplace,” he adds.

For employees who want to feel more comfortable at work, Schiemann suggests looking for executives and companies that focus on fairness and transparency, which can help them work better in times of uncertainty.

“No matter what industry you work in, you will be more involved if you think your employer treats you and your colleagues equally, ” Schiemann says.

Therefore, analyze and think if you feel safe in your work. And if you think that uncertainty is affecting your performance, maybe it’s time for you to look at other options.

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Saudi King Salman to step down next week http://rava.pk/107413-saudi-king-salmap-down-next-week/ http://rava.pk/107413-saudi-king-salmap-down-next-week/#respond Fri, 17 Nov 2017 06:52:46 +0000 http://rava.pk/?p=107413 Saudi monarch King Salman is set to step down and announce his son Crown Prince Mohammad bin Salman as his successor next week, sources said. The 81-year-old king will continue as a ceremonial figurehead, handing over official leadership of the country to his son — often referred to as MBS,...

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Saudi monarch King Salman is set to step down and announce his son Crown Prince Mohammad bin Salman as his successor next week, sources said.

The 81-year-old king will continue as a ceremonial figurehead, handing over official leadership of the country to his son — often referred to as MBS, the Daily Mail quoted royal sources as saying.

The move is seen as the final step in the 32-year-old bin Salman’s power grab, which began earlier this month with the arrests of over 40 princes and government ministers in a corruption probe.

“Unless something dramatic happens, King Salman will announce the appointment of MBS as King of Saudi Arabia next week,” the sources said. “King Salman will play the role of the queen of England. He will only keep the title ‘Custodian of the Holy Shrines’.”

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Jahangir Tareen Exposed by BBC – ‘Trust Deed’ signed and executed in Switzerland http://rava.pk/107407-jahangir-tareen-d-in-switzerland/ http://rava.pk/107407-jahangir-tareen-d-in-switzerland/#respond Fri, 17 Nov 2017 06:11:50 +0000 http://rava.pk/?p=107407 ISLAMABAD/LONDON: The thirty-eight-page trust deed of Pakistan Tehreek-e-Insaaf (PTI) leader Jahangir Khan Tareen’s offshore trust was signed and formalised in Geneva, Switzerland, and facilitated by HSBC Guyerzeller Trust Company Geneva – raising questions about Swiss bank accounts. During the hearing before Pakistan’s Supreme Court, Tareen was asked no questions about...

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ISLAMABAD/LONDON: The thirty-eight-page trust deed of Pakistan Tehreek-e-Insaaf (PTI) leader Jahangir Khan Tareen’s offshore trust was signed and formalised in Geneva, Switzerland, and facilitated by HSBC Guyerzeller Trust Company Geneva – raising questions about Swiss bank accounts.

During the hearing before Pakistan’s Supreme Court, Tareen was asked no questions about the Swiss connection of the ‘Trust Deed’ and no UK and foreign bank statements were presented before the court; the court didn’t go deep to ask for the full paper trail, but just one ‘Trust Deed’ has raised several questions about Tareen’s various versions around his £7 million Hyde House in Newbury, UK.

Interestingly, HSBC Guzerzeller Trust Company of Switzerland has been extensively mentioned in the ICIJ Panama Papers report. The Financial Times (FT) reported that the banking group HSBC and its subsidiaries, alone, account for more than 2,300 of the 15,600 shell companies created by the Panama-based firm over nearly four decades.

The trust deed of Jahangir Tareen is witnessed by one Ian Iredale, bank officer of HSBC’s private Geneva bank, which specialises in dealing with high-value clients. This vital fact recorded on the last page of the trust deed raises a strong suspicion that Tareen holds or held Swiss Bank accounts.

A chartered accountant, who advises on offshore shells and trusts, said that someone who doesn’t have a Swiss account wouldn’t get the services of Swiss bankers to get his offshore trust registered – and that too in Geneva. He said Shiny View Limited is registered in British Virgin Islands (BVI) and Hyde House property, being debated and scrutinised in the Supreme Court, is located in United Kingdom.

The HSBC Guyerzeller Trust Company SA operates as a subsidiary of HSBC Private Bank (Suisse) SA. This is located in Switzerland, in the heart of the financial and private banking district of Geneva.

Jahangir Tareen’s ‘Trust Deed’ is witnessed by a person with the address of 2, Quai du Général-Guisan, Geneva, and this is the address of a luxury real estate company called “Société Immobilière Atlas”.

This further strengthens the fact, that sponsors of the offshore trust, formed to park the £7 million Hyde House in Berkshire UK, have well entrenched Swiss business and banking connections.

The ‘Trust Deed’ is signed by one Valerie Michalowski who is a well-known offshore ‘Trust Administrator’ in Geneva. Valerie Michalowski is a Swiss national and resident in Geneva. She specialises in administration of a variety offshore trusts, offshore companies and foundations for high net worth clients. She is well known in Geneva’s financial circuit for carrying out special transactions (acquisition/sale of real estate, and registration of offshore companies for billionaires).

The offshore trust expert was then working for HSBC Guyerzeller Trust Company, Geneva, and is presently senior advisor at Summit Trust International Switzerland – another company that specialises in offshore wealth management. A fact worth mentioning is that the Summit Trust International also finds a mention in Panama Papers as a leading facilitator of offshore shell companies.

The fact that expert Valerie Michalowsk who had Tareen’s offshore trust registered, is based in Switzerland and provides services to high-value individuals associated with Swiss banks, raises a key question; why was the transaction of Tareen’s trust registered in Switzerland?

This also highlights the fact that Tareen did not present the detailed banking record of overseas bank accounts in UK (or Switzerland) before the Supreme Court to avoid giving any insight into how the funds reached Shiny View Limited’s account, how these funds were used and whether funds from any other country or source were also deposited in this account, including from Switzerland and Canada.

Tareen’s lawyer has been repeatedly highlighting, that funds went out of Pakistan through legal channels but never produced overseas bank details.

Another very interesting aspect of Jahangir Tareen’s offshore ‘Trust Deed’ is that it is registered in St Helier Jersey. The territory is often considered a major world offshore financial haven for super wealthy individuals. Imran Khan’s Niazi Services Limited was also registered in Channel Island St Helier Jersey.

Five years ago, at its peak, the value of assets held through Jersey – its offshore banks, trusts and investment funds – was estimated at £700bn-£800bn, according to the island’s former chief adviser Colin Powell. The figure is equivalent to about half of the UK’s annual economic output.

Another key fact revealed by analysis of Jahangir Tareens ‘Trust Deed’ is that the trust provisions clearly show that he practically controls the trust. Hence its non-declaration with the Election Commission of Pakistan (ECP) and the Federal Bureau of Revenue (FBR) is seen as indefensible for the PTI leader.

In section 6.2, the settler of the trust (Jahangir Khan Tareen) has authority to direct the trustees to pay income of the trust fund to himself as lifetime discretionary beneficiary. Similarly, section 6.3 and 6.4 empower the trustees to pay capital of the trust fund to discretionary lifetime beneficiaries (Tareen and his wife Amina Tareen). The trustees are also empowered by the trust deed to lend money from the trust fund to lifetime discretionary beneficiaries (Tareen & wife), interest-free, and may even write it off.

Another key provision of the trust deed which gives absolute control of the trust to Jahangir Tareen in his role as settlor, in the constitution of the investment committee to manage investments and real estate portfolio of the trust. All key decisions pertaining to multi-million dollar investments will be made by the investment committee. Whereas Jahangir Tareen is the first and controlling member of the investment committee, and even two other members of the investment committee are to be appointed by the settler, Tareen. Section 2 of the Schedule I of the trust deed stipulates all the details pertaining to the investment committee. All provisions are designed to give unfettered control to Jahangir Tareen regarding all matters pertaining to the investment committee.

Section 5.2 and 5.7 further reveal that Jahangir Tareen, in his capacity as settlor of the trust, will call the shots in all important financial matters.

The Trust deed gives the settler (Jahangir Khan Tareen) powers to give directions to trustees to make real estate owned by the trust available for use and enjoyment of himself and his family, or guests or any other person. The ‘trust’ provisions also empower Jahangir Tareen to direct that real estate owned by the trust to be put on sale in light of his directions, the settlor (Tareen).

Another intriguing feature of the Trust deed is, that in a number of sections of the trust deed special provisions have been created vis a vis Canada and its tax law. These special provisions have been made part of the trust deed in order to cater for the legal compulsion created by famous Canadian tax and offshore trusts case called “Fundy Settlement”. Canadian Tax courts and Supreme Court have taken away the blanket protection enjoyed by offshore trusts. In Canada “offshore” and “illegality” are almost synonyms.

But this special provision for Candian Jurisdiction raises the question as to what’s the Canadian Connection? Does Tareen’s trust own properties or hold investments in Canada, if not why special provisions for Canada?

Jahangir Khan Tareen had told Shahzeb Khanzada on Geo News that he owned a property in Canada which he has sold. What happened to the income of that Canadian property? Was it owned through an offshore company?

Whether there are other properties owned by Tareen’s trust is not known and neither did the court ask Tareen’s lawyer about the Canadian property and its transactions, nor did his lawyer submit anything in this regard.

In schedule IV of the trust deed, the beneficiaries are mentioned, other than the discretionary lifetime beneficiaries (Tareen & wife). This schedule in para one contains the name of Jahangir Tareen’s wife. Tareen throughout the court proceedings has been arguing that he is not a beneficiary of the trust but his children are; but in the trust deed his wife is also mentioned as a ‘Beneficiary’.

Even if Tareen’s contention is accepted, he becomes liable, since as per election law, declaration of assets of one’s spouse is mandatory and hence Tareen gets trapped by his own argument that beneficiaries of the trust are listed in the deed.

It is worth noting, that the legal issue before the Supreme court was not about the source of funds, but whether assets were declared or concealed.

Going by this yardstick, Tareen may find it difficult to justify non-declaration of his wife’s offshore asset, his own control, his authority over the trust and the ‘Discretionary Lifetime Beneficiary’ status of himself and his wife.

A source close to Tareen, when approached for comment, said that Tareen had told the court that the trust deed was signed in London and that the witnesses gave their Geneva addresses because they live in Geneva and that’s where the headquarter of the HSBC is located.

“That’s how Geneva was mentioned.”

When told that the Trust deed indeed establishes that it was signed and executed in Geneva and not in London because if it was London then the witnesses were legally bound to declare their presence in London, the place where the trust would have been witnessed, the source said he can’t answer further questions.

Lawyers have confirmed that it would have been illegal for the witnesses to register their place as Geneva if they were in London. Three lawyers have confirmed that it would be “illegal” for Swiss witnesses to register their place of presence and witness status in Geneva if they signed these papers while in London.

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Senate to take up delimitation bill today http://rava.pk/107408-senate-to-take-uation-bill-today/ http://rava.pk/107408-senate-to-take-uation-bill-today/#respond Fri, 17 Nov 2017 05:35:41 +0000 http://rava.pk/?p=107408 ISLAMABAD: The Senate is expected to pass today the amendment to the Elections Act 2017 after the National Assembly did the same on Thursday. The constitutional amendment bill on delimitation was passed with 242 parliamentary members voting in its favour. The bill pertains to fresh delimitation of constituencies in line with...

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ISLAMABAD: The Senate is expected to pass today the amendment to the Elections Act 2017 after the National Assembly did the same on Thursday.

The constitutional amendment bill on delimitation was passed with 242 parliamentary members voting in its favour. The bill pertains to fresh delimitation of constituencies in line with the provisional results of the latest census in light of the general elections next year.

Moreover, the lower house also passed the amendment related to the restoration of the Khatam-e-Nabuwat [finality of Prophethood] clause to its original form.

Both the bills were presented before the assembly by Law Minister Zahid Hamid. They will now be presented in the Senate.

According to the new delimitation, Punjab’s seat share in the National Assembly will decrease by nine seats, while Islamabad will get one more seat, Khyber Pakhtunkhwa five and Balochistan three more.

NA seats for FATA and Sindh will remain unchanged.

Earlier, NA Speaker Ayaz Sadiq had said after chairing a meeting of parliamentary parties that the total NA seats will remain 272 but there would be a change in the allocation of NA seats for the provinces.

On November 13, the Council of Common Interests (CCI) approved delimitation of new constituencies on the basis of provisional results of Population Census 2017, paving a way for timely conduct of next general elections.

Briefing the media after the CCI meeting, the prime minister’s special aide, Musaddiq Malik, said the political leadership resolved a major constitutional crisis through wisdom. “The election commission will immediately start working on the delimitation of new constituencies following a constitutional amendment,” he said.

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