Khwaja Asif vs Imran Khan: investor speaks and answers key questions
The man at the centre of the PML-N vs Imran Khan controversy over Shaukat Khanum investments, Imtiaz Hydari has come out publicly and blasted Khwaja Asif and his party declaring that his company handling $1.8 billion in funds has already absorbed the drop in value of a sound investment decision taken by the board.
“My company, HBG has taken steps to absorb the impairment in value by granting increased shares to SKMT i.e. the reduced value of Sugarland shares will be compensated by higher percentage shareholding of SKMT in Sugarland BVI. This preserves and protects SKMT investment. Additionally, HBG has also provided an undertaking to assist SKMT’s exit from the investment with Capital Protected,” Hydari said in a response released to the media on Saturday.Read More »Khwaja Asif vs Imran Khan: investor speaks and answers key questions