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As I saw the reports this week out of Munich about Siemens pleading guilty to bribing politicians and officials in Nigeria, Russia and Libya, it reminded me that Siemens is a large player in Pakistan. Has any one looked into Siemens engaging in similar corrupt practices in Pakistan?
And, how about the behavior of other American and European companies operating in Pakistan? There are definitely laws on the books in the West such as the Foreign Corrupt Practices Act (FCPA) in the…
ContinueAdded by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments
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South Asia Investor Review
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Riaz Haq's Current Affairs Blog
Ilyas Khan, the British Pakistan founder of Quantinuum, became a billionaire in the company’s IPO on NASDAQ last week. Khan is a pioneer in the revolutionary field of quantum computing which could speed up computing by orders of magnitude. It will have a huge impact in AI and encryption. Dr. Irfan Siddiqui, a Pakistani-American professor of Physics at University of California at Berkeley, is another top expert in quantum computing. …
ContinuePosted by Riaz Haq on June 12, 2026 at 10:00am
There are ten Pakistani immigrants included among founders or co-founders of unicorns in America, according to a recent study by the National Foundation for American Policy (NFAP). A unicorn is a startup with a valuation of at least one billion U.S. dollars. Immigrant entrepreneurs of US unicorns are diverse, hailing from 76 different countries. India, with 96 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies. Immigrants…
ContinuePosted by Riaz Haq on June 8, 2026 at 6:00pm — 4 Comments
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