- Invested $3m in endowment funds in real estate: SKMT.
- Endowment funds used to provide cancer care: spokesperson.
- SKMT investments are audited by third parties, says spokesperson.
LAHORE: Following controversy on Imran Khan’s comments in court, the management of Shaukat Khanum Memorial Trust (SKMT) clarified that they invested $3 million in an endowment fund in a real estate project in Oman so they can be used to provide quality cancer care, The News reported on Monday .
The clarification came in response to news items regarding the usage of SKMT funds in real estate by its founder Imran Khan. The SKMT said that its funds have never been misused or “diverted”, by its chairman, Imran Khan, or any other individual
An SKMT spokesperson said that all its funds, including those invested in its endowment fund, are used only to support its mission of providing world-class care to cancer patients.
“As is common for many charity organisations, SKMT created an endowment fund to provide financial security and to cater for expenses in the long term. This endowment fund is supervised by an investment committee, with all investments made by the fund upon the recommendations of this committee. The chairman does not, and has never, made investment decisions in isolation,” the spokesperson said.
He added, “It is crucial to point out that only non-Zakat funds are invested in this manner, with all Zakat collected being utilised on direct patient care within the year in which it is collected.”
On investment in real estate, the spokesperson said: “In 2008, an amount of US$3 million was invested by the endowment fund in a real estate project in Oman. The investment allowed for an early exit, with a 100% capital guarantee on the investment. In 2015, SKMT exercised its early exit option and the entire amount of US$3 million was duly recovered.”
He added the trust has already shared details of this investment, and recovery of its funds with the public numerous times. Although the investment did not generate a profit in dollar terms, it certainly did in rupees, since the difference in exchange rate referred to in the article in question worked in favour of SKMT, he added.
The spokesperson added: “As with all other financial transactions, all investments made by SKMT and its Endowment Fund are duly audited and reported, with financial reports being made publicly available through the Shaukat Khanum website. Both the initial investment, and its subsequent return were reflected in the organisation’s financial reports, and continue to be publicly available.”
Complete data of all contributions are held and audited by autonomous third parties to guarantee compliance with all relevant laws, not only within Pakistan, but in all jurisdictions where funds are collected on behalf of the SKMT, or to support it.
The spokesperson said that over 30 years, the trust treated more than 45,000 to 50,000 cancer patients every year at SKMT hospitals in Lahore and Peshawar, most of whom would have been unable to access highly specialised cancer treatment elsewhere. It is strictly because of its strong clinical, administrative and governance systems that the SKMT became only the second institution in the world to gain Enterprise Accreditation from the US-based Joint Commission International in September 2022.
The spokesperson added that allegations aiming to sow doubt in their donor’s minds are equivalent to playing with patients’ lives.
The official added that the cost of providing cancer care is continuously on the rise, and despite brittle financial conditions, the management of SKMT is committed not only to providing state-of-the-art cancer treatment to all its patients but also to defending an excellent reputation for financial transparency.
The News reported on Sunday that the PTI Chairman Imran Khan admitted that he invested funds worth $3 million donated to the Shaukat Khanum Memorial Trust (SKMT) in a housing project.
The revelation was made during a hearing of an Rs10 billion defamation case filed against Defence Minister Khawaja Asif on Saturday. The former prime minister appeared in the court from his Lahore residence in Zaman Park via video link.
US Fulbright scholarship prgramme opens for Pakistani students
ISLAMABAD: The United States Educational Foundation in Pakistan (USEFP) has invited students to apply for the prestigious Fulbright Student Programme 2024.
The Fulbright Program in Pakistan is funded by the United States Government and is the world’s largest in terms of financial contribution, said a press release on Thursday.
Applications are welcome from all disciplines, including energy, water, agriculture, health, education, environmental science, and climate change. While clinical medicine is not included in the Fulbright Program, non-clinical public health applications are encouraged.
Interested applicants can apply at www.usefp.org before the deadline on February 28, 2024. The premier academic exchange program covers graduate studies, tuition, maintenance, insurance, and air travel.
All applicants are required to take the Graduate Record Examination (GRE) and must have a minimum score of 145 in both the verbal and quantitative sections of the exam. Shortlisted candidates will be required to take the Duolingo English Test.
On the impact of the Fulbright Program in Pakistan, US Ambassador Donald Blome said: “Pakistani Fulbrighters have solved social problems, written new laws, advanced policies to ensure equal access and voices to all, and so much more. They do this all for one purpose: to create a better, safer, and more prosperous Pakistan. In this goal, the United States and Pakistan are united.”
Under the Fulbright Programme, nearly 3,000 Pakistani students have received fully funded scholarships to study for graduate study since 2005. These awardees have completed their studies and research and are now making significant contributions to the public and private sectors with their knowledge and expertise.
In a message to potential applicants, USEFP Executive Director Rita Akhtar encourages talented students and working professionals to consider applying.
“We especially want to encourage applicants from public universities and under-served areas. Fulbright is a merit-based program, but in defining merit, the program considers the obstacles and challenges applicants have faced as well as their achievements.
“One of the goals of the program is to build human capacity in Pakistan, so successful applicants will plan to return to Pakistan on completion of their degrees and use their new skills and knowledge for the benefit of the country.”
FDE announces winter vacations for schools
ISLAMABAD: The government has announced the winter vacations for educational institutes functioning under the federal administration.
The winter break in the federal educational institutes will officially start from December 25 to December 29, a notification issued by the Federal Directorate of Education read.
However, Federal Directorate of Education officials said that the institutes will close on December 22, which falls on Friday, and reopen on January 1, 2024, (Monday).
Earlier in the month, Punjab and Sindh governments also announced the winter vacation schedule for the year.
In Punjab, the winter break for school children will commence from December 18, 2023, and continue till January 1, 2024.
“Winter vacations for children will commence from Dec 18 , 2023 to Jan 1, 2024,” Punjab caretaker Chief Minister Mohsin Naqvi had announced.
Meanwhile, the Sindh schools will have the vacations from December 22 to 31.
After the winter break, the educational institutions will reopen on Monday (January 1, 2024).
“In pursuance of decisions taken in the steering committee meeting, all public and private educational institutions under the administrative control of School Education and Literacy Department Government of Sindh shall remain closed w.e.f 22-12,023 to 31-12,023 for Winter Vacation,” a statement by the provincial government read.
Meanwhile, the new academic year in the public and private schools across Sindh will commence on April 15, 2024, and August 1, 2024, in the colleges.
The matriculation and intermediate exams will be started in the last week of May 2024, while the results will be announced on July 31 and the second week of August, respectively.
Pakistan to ‘ascertain facts’ on Afghan minister using its passport
- Haqqani possessed a Pakistani passport until recently: report.
- FO says the answer will come only after facts are ascertained.
- US officials are set to visit Pakistan to discuss several matters.
ISLAMABAD: Pakistan said Thursday it will first ascertain facts before issuing a comment on a report that claims that Afghanistan’s acting Interior Minister Sirajuddin Haqqani possessed a Pakistani passport until recently.
In her weekly press briefing, Foreign Office (FO) spokesperson Mumtaz Zahra Baloch said: “I have seen the report on the use of a Pakistani passport by the Afghan minister. The matter will be answered after [ascertaining] the facts.”
A report published in The News today revealed that Haqqani was issued a Pakistani passport for five years which he used to travel abroad, particularly to Qatar for negotiations with the United States for the signing of the Doha Agreement that resulted in the latter’s exit from Afghanistan.
The publication, via the interior ministry officials, learnt that these passports were issued from different cities of Khyber Pakhtunkhwa, Balochistan, and Sindh.
Meanwhile, two passport officials involved in issuing Haqqani’s passport have been arrested, one of whom had retired from service by the time the action was initiated against him.
The issue around the minister using the Pakistani passport comes at a time when Pakistan continues to repatriate illegal foreigners, most of whom are undocumented Afghan migrants.
Baloch also briefed the presser about top officials from the United States visiting Pakistan this week.
“The focus of these visits is not only Afghanistan. These visits are related to the multifaceted aspects of Pakistan-US relations,” she said, adding that Pakistan has decided to talk to America.
Pakistan and the US will conduct consultations over several issues including the situation in Afghanistan, the FO said last week.
In the meetings between Pakistan and US officials, reservations of both sides will be discussed. “We will also discuss the issues on which we have objections.”
Updated list of Afghans from US
The spokesperson further shared that Pakistan has received an updated list from the American authorities regarding the transfer of Afghan nationals to the US.
Last month, a coalition comprising former high-ranking United States (US) officials and resettlement organisations issued an urgent appeal to Pakistan, urging it to not deport Afghan individuals applying to seek refuge in and visas for the US.
The appeal came weeks after Pakistan announced November 1 as the deadline for all undocumented migrants — a substantial number of whom are Afghans — residing in the country to either leave on their own or face expulsion once the ultimatum ends.
The population of the aforementioned migrants includes roughly 20,000 or potentially more Afghans, who escaped their homeland following the Taliban’s return to power in 2021. Many of these migrants in Pakistan are awaiting their applications for the US Special Immigration Visas (SIVs) or refugee resettlement in the United States to be processed.
Commenting on regular skirmishes at the Pakistan-Afghanistan border, the spokesperson said: “There are often misunderstandings between the border authorities. These misunderstandings are cleared through communication channels.”
She added that the Torkham border was opened for all kinds of traffic yesterday.
Israels’ ‘barbaric attacks’
The FO yet again condemned the continuous Israeli aggression in the Gaza Strip, stating that the situation in the Strip is rapidly deteriorating.
“No place in Gaza is safe for the public,” Baloch said.
The UN Security Council must perform its primary responsibility under the Charter, impose an immediate and unconditional ceasefire and protect the people of Gaza from an impending genocide, the FO spokesperson said.
“We call on Israel’s backers to urge Israel to end its barbaric attacks and inhumane siege against Gaza,” she added.
The spokesperson further stated that Pakistan calls for an international conference for long-term peace on the Palestinian question.
“Durable peace in the region will emerge from the internationally agreed two-state solution and from the creation of a secure, viable, contiguous, and sovereign state of Palestine on the basis of the pre-June 1967 borders, with Al-Quds Al-Sharif as its capital,” she said.
Baloch also spoke about the United Nations Secretary-General Antonio Guterres’s efforts for Palestinians.
The head of the UN warned that he expects “public order to completely break down soon due to the desperate conditions” in Gaza, currently under relentless Israeli bombardment and invoked Article 99 of the UN Charter for the first time in his tenure owing to the gravity of the humanitarian crisis in the Strip.
‘Pakistani citizens welfare top priority’
During the presser, Baloch commented on the recent revelations regarding Dr Aafia Siddiqui, a Pakistani neuroscientist jailed in the United States for over a decade.
According to her lawyer, the Pakistani doctor has been sexually assaulted at least two times during her incarceration.
“The statements related to Aafia Siddiqui are serious,” the spokesperson said.
She further added that Caretaker Prime Minister Anwaar-ul-Haq Kakar has instructed that the matter should be taken up with the US Department of State and investigations should be conducted.
“The welfare of Pakistani citizens is among our priorities,” Baloch reiterated.
She also spoke about the acid attack on former special assistant to the prime minister Shahzad Akbar last week.
“Shahzad Akbar did not seek help from the Pakistani High Commission in this regard,” she said.
The FO strongly rejected the allegations of involvement of Pakistani agencies in the incident. “Pakistan has faith in the British authorities’ investigation.”