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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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The Indian military leadership is finally beginning to slowly accept its losses in its unprovoked attack on Pakistan that it called "Operation Sindoor". It began with the May 31 Bloomberg interview of the Indian Chief of Defense Staff General Anil Chauhan in Singapore where he admitted losing Indian fighter aircraft to Pakistan in an aerial battle on May 7, 2025. General Chauhan further revealed that the Indian Air Force was grounded for two days after this loss. …
ContinuePosted by Riaz Haq on July 5, 2025 at 10:43am
US Secretary of State Marco Rubio called Pakistan Prime Minister Shehbaz Sharif to discuss promoting “a durable peace between Israel and Iran,” the State Department said in a statement, according to Reuters. Both leaders "agreed to continue working together to strengthen Pakistan-US relations, particularly to increase trade", said a statement released by the Pakistan government.…
ContinuePosted by Riaz Haq on June 27, 2025 at 8:30pm — 4 Comments
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