What is the "Evidence" of "Corruption" Against Retired General Asim Saleem Bajwa?

Pakistani reporter Ahmad Noorani has alleged that CPEC Authority Chairman Asim Bajwa's wife Farrukh Zeba is a shareholder in Bajwa family business. The reporter further alleges that the value of these holdings has been under-reported by General Asim Bajwa in his declaration of assets that he made recently in his position as Special Assistant to the Prime Minister (SAPM).  What Bajwa family business is Mr. Noorani referring to? It is Bajco, a business that Asim Bajwa's brother Nadeem Bajwa built in the United States. Noorani has made multiple allegations of corruption against CPEC Authority Chairman Asim Bajwa. Of these allegations, the only one that may require further investigation is that General Asim Bajwa may have deliberately understated the value of his wife Farrukh Zeba's shares in Bajco, a company built by Asim Bajwa's brother Nadeem Bajwa who is a self-made millionaire. Undervaluing assets is the kind of allegation that many apply to many Pakistani politicians, judges, bureaucrats and others who are required by law to disclose their assets.

General Asim Bajwa's Wife's Shareholdings

Evidence Cited:

Ahmad Noorani has cited a document signed by Asim Bajwa's brothers and his wife as proof of ownership by Mrs. Asim Bajwa. They have also shared General Asim Bajwa's declaration of assets which clearly says "shares in family business" held "in wife's name" and values them at Rs. 3.1 million. Noorani says the value of shares is significantly understated.  Noorani also alleges that "(T)he growth of the Bajwa family’s business empire in the United States and later in Pakistan directly matches the rise in power of retired general Asim Saleem Bajwa, who is now chairman of the country’s massive China-financed infrastructure project and a special assistant to the prime minister".  Noorani implies that Nadeem Bajwa's success is built on his brother Asim Bajwa's corrupt earnings.

General Asim Bajwa's Declaration of Assets

Who is Nadeem Bajwa?

Nadeem Bajwa is General Saleem Bajwa's younger brother. While it is true that Nadeem Bajwa owns a large Papa Johns' franchise business in the United States, there is nothing to support the allegation that this business has been built with funds stolen and remitted from Pakistan. Nadeem Bajwa is a self-made millionaire. His story is, in fact, typical of many successful Pakistani immigrants who have worked hard to achieve entrepreneurial success in America.  The best example of a Pakistani immigrant's franchise success story is that of Shoukat Dhanani whose Dhanani Group's annual revenue is over $2 billion, according to Forbes magazine. Other examples of Pakistani immigrant multi-restaurant franchise success stories include Aziz HashimAslam KhanTabassum MumtazAli Butt, and many more. Most of them started as drivers, cooks or cashiers and then bought and built up their franchise successes.

Nadeem Bajwa's Success Story:

Nadeem Bajwa came to the United States as a student in 1991. He took a job as a pizza delivery driver for Domino's while going to college in Indiana. “The delivery driver job was one of the easiest when going to school,” Bajwa told Nation's Restaurant News in 2014. “There wasn’t a lot of stress or pressures and other students were doing it. I heard they made good pay, and every day you just deliver pizzas and make decent tips.”

In 1994, Bajwa took a job with Papa John’s as a driver, was quickly promoted to general manager and then operating partner within 10 months — all while continuing his education. “I was busy, and then when I got promoted I was still finishing up school,” he said. “But when you have goals in mind, you just keep going. Sometimes anxiety isn’t such a bad thing.”  Bajwa signed his first franchise in 2002 and then grew his business from there.

The franchisees such as Nadeem Bajwa's main asset is the prior franchise operations experience they bring. Franchisee and his/her partners/investors must also come up with 10-20% of the total funds needed to start operations. The rest of the money comes from commercial banks or other lenders such as the US Small Business Administration (SBA). Borrower must be creditworthy, typically must contribute some equity, and are expected to repay the loan out of the franchise's cash flow. The franchise loans from US Small Business Administration (SBA) offer the lowest rates. Some franchisers may also offer internal financing, according to Wall Street Journal.

Summary:

Pakistani reporter Ahmad Noorani has made multiple allegations of corruption against CPEC Authority Chairman Asim Bajwa. Of these allegations, the only one that may require further investigation is that General Asim Bajwa may have deliberately understated the value of his wife Farrukh Zeba's shares in Bajco, a company built by Asim Bajwa's brother Nadeem Bajwa who is a self-made millionaire. Undervaluing assets is the kind of allegation that may apply to many Pakistani politicians, judges, bureaucrats and others who are required by law to disclose their assets.  Nadeem Bajwa started in a low-level job in a pizza restaurant and worked his way up. His story is a typical immigrant success story like many other immigrant success stories in America.  Other examples of Pakistani immigrant multi-restaurant franchise success stories include Aziz HashimAslam KhanTabassum MumtazAli Butt, and many more. Most of them started as drivers, cooks or cashiers and then bought and built up their franchise successes.

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Comment by Riaz Haq on September 7, 2020 at 4:02pm

What Does A Papa John’s Franchise Make?

https://www.franchise.com/blog/what-does-papa-johns-franchise-make/

By Kelly MangumJanuary 18, 2019


● Papa John’s was founded in 1984 and has been offering franchise opportunities since 1986.
● You can start a Papa John’s franchise with an initial investment of as low as $300K
● Liquidity Requirements: Papa John’s calls for at least $70K in liquid assets
● Net-worth Requirements: $250K (for 1 unit, and $1 million for up to 10 units)
● Franchise Fees: As low as $25K plus royalty fee of 5 percent of monthly net sales (also payable monthly)
● Advertising/Marketing Fee: 8 percent of monthly sales

-------------------

What Does a Papa John’s Franchise Make?
The franchise dictates all the financial info you might want to know within their franchise agreement document (FDD) which is released annually. According to a recent FDD, you can pull in an average of $781, 202 in revenue from your Papa John’s franchise. A company owned location brings in a slightly higher average of $966,460 in annual revenue.
Costs of Operation (Expenses) of a Papa John’s Franchise

While they don’t officially release cost break-down for franchise locations, you can still estimate these using figures for company locations. According to recent stats, the average costs associated with running a Papa John’s location are:
● $284,000 on food costs (or nearly a third of revenue)
● $194,000 on labor and labor-related costs (a fifth of the revenue)
● $89,000 on marketing and advertising (approximately 9 percent of the revenue)
● $45,000 on mileage (about 5 percent of revenue)
● $44,000 on location manager costs
● $22,000 on store deals and bonuses
● $44,000 on tech, supplies, uniforms and other miscellaneous items
● $34,000 on location maintenance, lease, and rent

From that, you can easily determine that the cost of operating a franchise is approximately $824,500. That means that pre-tax profit is around $142,000, which spells approximately 14 percent of the total annual revenue.

Papa John's Franchise - After-Tax Profit
For franchisees, there are a few adjustments you might want to put into consideration. For starters, some franchise stores do experience lower sales due to poor location, insufficient advertising or inadequate sitting. Also, a franchisee has to pay the mandatory 5 percent of net sales towards royalty fee as well as put in at least 8 percent of the profit towards advertising and marketing. All things considered, a Papa John’s franchise can expect to make around $66K to $67K annually.

Of course, you can make more from a Papa John’s franchise if you put in more effort and time, as well as delegate more money towards advertisements and marketing.

Comment by Riaz Haq on September 8, 2020 at 7:41am

"I'm not saying the military's in love with me," Trump said. "The soldiers are, the top people in the Pentagon probably aren't because they want to do nothing but fight wars so that all of those wonderful companies that make the bombs and make the planes and make everything else stay happy."

https://theweek.com/articles/936207/are-troops-turning-trump

Now, there are reasonable discussions to be had about America's massive defense spending and the country's warmaking. And it is true that many generals find comfortable sinecures in the armaments industry in their retirement years. But Trump, who has spent this election season touting his administration's increase to the military budget, is in no position to make the critique. Instead, what his comments on Monday really indicate is how rattled he is by The Atlantic's report — and how desperate he is to find a scapegoat. But the tension between Trump and military leaders has deep roots.

Trump doesn't understand the culture of the American armed forces. Trump may say publicly that he loves the military, but what he really seems to admire is a show of strength, and even violence. He delighted in then-Defense Secretary James Mattis' "Mad Dog" nickname, promoted the use of torture against prisoners of war, gave pardons to service members accused or convicted of war crimes, and relaxed the rules of engagement for forces in Afghanistan. The president also loves to bask in the glory of a little bit of spit-and-polish pomp: His 2019 "Salute to America" military parade was prompted by a case of Bastille Day envy.

Comment by Riaz Haq on September 10, 2020 at 4:21pm

U.S. Public Diplomacy: Background and
Current Issues
Kennon H. Nakamura
Analyst in Foreign Affairs
Matthew C. Weed
Analyst in Foreign Policy Legislation

https://fas.org/sgp/crs/row/R40989.pdf

The United States has long sought to influence the peoples of foreign countries through public
diplomacy (PD) efforts. Public diplomacy provides a foreign policy complement to traditional
government-to-government diplomacy which is dominated by official interaction carried out
between professional diplomats. Unlike public affairs which focus communications activities
intended primarily to inform and influence domestic media and the American people, U.S. public
diplomacy includes efforts to interact directly with the citizens, community and civil leaders,
journalists, and other opinion leaders of another country. PD seeks to influence that society’s
attitudes and actions in supporting U.S. policies and national interests. Public diplomacy is
viewed as often having a long-term perspective that requires working through the exchange of
people and ideas to build lasting relationships and understanding the United States and its culture,
values, and policies. The tools of public diplomacy include people-to-people contact; expert
speaker programs; art and cultural performances; books and literature; radio and television
broadcasting and movies; and, more recently, the Internet. In contrast, traditional diplomacy
involves the strong representation of U.S. policies to foreign governments, analysis and reporting
of a foreign government’s activities, attitudes, and trends that affect U.S. interests. There is a
growing concern among many in the executive branch, the Congress, the media, and other foreign
policy observers, however, that the United States has lost its public diplomacy capacity to
successfully respond to today’s international challenges in supporting the accomplishment of U.S.
national interests.

-------------

A number of congressionally mandated NGOs, many founded during the Cold War, continue to
receive appropriated funds to perform work in support of U.S. foreign policy objectives. These
NGOs seek to develop long-term relationships and to improve foreign populations’ understanding
of and attitudes toward the United States. Among these organizations are the National
Endowment for Democracy (NED), the Asia Foundation, the East West Center at the University
of Hawaii, and the Eisenhower Exchange Fellowship Program.

--------------


The BBG had responsibility for supervising, directing, and overseeing the operations of the
International Broadcasting Bureau (IBB). The IBB included the worldwide broadcasting services
of the Voice of America (VOA) and television’s Worldnet, Cuba Broadcasting, an Engineering
and Technical Operations Office, and various support services. The BBG also had funding and
oversight authority over surrogate radio grantees: Radio Free Europe/Radio Liberty (RFE/RL)
and Radio Free Asia (RFA). Among BBG’s responsibilities was to review and evaluate the
operations of the radios, and assess their quality, effectiveness, and professional integrity. It also
was responsible for determining the addition or deletion of the language services under the IBB.16
In 1999, the U.S. government and surrogate services broadcast hours included

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