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PML-N asks Imran Khan to quit SKMT chairmanship over losses

* Tells PTI chief to deposit Rs 380 million in trust’s account * Urges CJP to take suo motu, order audit of trust from day one

ISLAMABAD: Pakistan Muslim League-Nawaz chief coordinator Siddiq ul Farooq on Sunday asked Imran Khan to tender resignation from the chairmanship of the board of Shaukat Khanum Memorial Trust (SKMT) for allegedly causing Rs 80 million more loss to the organisation.
In a statement issued at a press conference here, the PMLN leader asked Imran Khan to deposit a total amount of Rs 380 million in the trust’s account. His relatives must also resign from membership of the board so that the hospital, in future, could never be used for political objectives, he added. “Had it been in any other country, Imran Khan would have been behind bars for committing breach of trust,” he observed.
Farooq appealed to the chief justice of Pakistan to take suo motu notice and appoint an administrator to run trust’s affairs in a transparent manner. The chief justice, he requested, might also constitute a three-member investigation committee of auditors representing reputed audit firms to re-conduct audit from the formation of the trust and put facts before the nation through the court. Farooq, however, appealed to all philanthropists from Pakistan and abroad to continue contributing funds with more zeal so that the treatment of cancer patients was not affected.
The PML-N leader said since most of the contributions and donations had been made by public, therefore Imran Khan and his relatives should not run trust’s affairs as chairman and members of the board of governors.
To a question, he said Edhi Trust is one hundred times bigger than SKMT but Maulana Edhi has never misused Edhi Trust for any personal or political purposes.
To another question about Sharif Medical City, he said Sharif family has never ever referred to Sharif Medical City or family’s other philanthropic contribution from the society from any political platform.
To a question that why Imran Khan should tender resignation from the chairpersonship of the trust, Farooq said undoubtedly Khan established this trust with good intention and for a noble cause but the day he stepped in the politics, he started using the trust and its image for his political objectives, therefore, under the principle of ‘Conflict of Interest’ his resignation from the trust was a must.
Farooq reminded that the PTI chairman in an interview on January 28, 2013 had committed that if the loss caused to the trust because of the investment of off-shore companies were not compensated in one year, he would sell out his Zaman Park’s ancestral residence and make good the loss. He said despite passage of 17 months, Imran Khan had not fulfilled his promise.
Giving breakup of the Rs 380 million loss, he said 3 million dollar were wasted through a dubious investment in an off-shore company while almost one million dollar were lost by investing in Trust Investment Bank and defence saving certificates.
The SKMT management had admitted collective loss of Rs 380 million, he added.

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