#saifgroup — Public Fediverse posts

#MichaelAndTeene-174:
(B)
According to rumor, the #Peshawar Electric Supply Co (#PESCO) operates its business as a joint venture that makes #SaifPower (a subsidiary of the disgraced #SaifGroup) the de facto "owner" of all #PESCO power distribution contracts. In view of #PESCO's own admission that it is only receiving 40% of projected revenues, is it time to replace #SaifEnergy with, for instance, #AlternEnergy (a subsidiary of the highly-successful #DesconEngineeringLtd)?
https://mettisglobal.news/nepra-renews-altern-energys-generation-license-until-june-2031/

#MichaelAndTeene-169:
(B)
-Is #BankOfKhyber the only banking tragedy ravaging the world economy, since many years; considering, #Washington reportedly just seized #USD ~5.3 million from #JPMorgan & #TexasBankAndTrust, stolen from unsuspecting #Americans?
-However, the real question about BoK isn't "who is its MD", but what impact has #IsmailIndustriesLtd's 23.2% BoK shareholding had on BoK, if a member of the disgraced #SaifGroup (Mr. Munsarim Saifullah) is #Ismail's CEO?
https://profit.pakistantoday.com.pk/2023/11/28/what-in-the-world-is-happening-at-the-bank-of-khyber/