Suo Motu Action Against Corrupt Stock Brokers of KSE

"These Stock brokers then sold these stocks to investors at maximum prices by supporting it with bogus financial research. Since the prices of these stocks were based on rumors and illegal practices and not on the financial performance of the company and when these rumors were proved wrong the stock prices started a free fall in March 2005.

Within fifteen days (March 14,2005 to March 28, 2005) most of the stocks lost their values by fifty(50) percent. As a result more than hundred thousands investors lost their life long savings."

Enron scam was a lil similar. But no heads have rolled yet. I believe the 'American' investigative team they brought in couldn't help much. Unfortunately the data of transactions was lost in a computer glitch I hear.

Behan - I'm sorry for your loss,
My dad/mom lost 11 million PKR - through our broker Arif Habib . Zoya, we approached everyone
from Ministers to Directors of the KSE but nothing happened - and nothing will. It's astonishing to
know - that you recieved death threats - could you kindly message me through chowk messaging service
as who gave to the threats ; I will be greatful.
As for the Supreme Court ; I honestly have doubts over the CJ - he is only intrested in cosmetics and
political revenge then anything else.