Ishaq Dar pays 16 Billion rupees to Roosevelt Hotel Employees

Munawarkhan

Chief Minister (5k+ posts)
So interesting that this is not covered by any local media house, cos apparently everyone is stuffed with money in their mouth.

Imagine they ran a whole campaign against PTI govt when they wanted to sort out the losses due to pandemic.
The major reason for the loss was a $105 Million loan secured by Nawaz Govt & was maturing in 2021. due to closure in 2020 Roosevelt was forced to close down.


ECC approves Roosevelt hotel transaction
Headed by Finance Minister Ishaq Dar, the ECC also endorsed the withdrawal of lawsuits and reach a $56 million (16 Billion rupees) settlement deal with the sacked employees of the Roosevelt Hotel, New York.

On April 28, the aviation ministry had presented the draft agreement for the approval of the ECC, which showed the per night room rent at $200. However, the ECC had termed the agreed rates too low and dispatched a team to New York to renegotiate the contract. Ironically, the team that flew from Pakistan got only $2 per night increase in rent and the hotel will now be rented out at $202 per night price.

According to the proposed contract, the city government would pay $202 per room per day for the first year, $205 per room for the second year and $210 per room for the third year – a price that is far below the prevailing market rates at the fifth avenue, which is the prime location for the tourists visiting New York.
 

ek hindustani

Chief Minister (5k+ posts)
hindustani bhai.. is waqt india me musalman community sakon se hai ya woh pakistanio ki tara mar rahi hai apni hokomat ke hatoo
... hum to martey hain jeetey hain, kabhi hukumat acchi aati hai kabhi buri. Us k hisaab sey sab chalta rehta hai.
Kabhi haan kabhi na wala mamila rehta hai.
Lekin agar aap اپنے mulk k hisaab sey dekhna chatey hain to sirf ek misaal ki... hum aaj takk kisi Aataa ki line mein nahi lagey.
Hamarey khait, hamarey Baghaat hamarey paas hi hain...
 

patwari_sab

Chief Minister (5k+ posts)
... hum to martey hain jeetey hain, kabhi hukumat acchi aati hai kabhi buri. Us k hisaab sey sab chalta rehta hai.
Kabhi haan kabhi na wala mamila rehta hai.
Lekin agar aap اپنے mulk k hisaab sey dekhna chatey hain to sirf ek misaal ki... hum aaj takk kisi Aataa ki line mein nahi lagey.
Hamarey khait, hamarey Baghaat hamarey paas hi hain...
fir india se partition ka kiya faida huva pakistanio ko.. jab ap hindu desh me pakistan se ziada sok chain se ho