Tag Archives: Paktel
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Bypass drives “informal” FDI in Pakistan
Two years back China Mobile bought Paktel for US$460 million. That was a legitimate transaction.
Last week two Chinese nationals were arrested while the authorities busted a bypass den at Islamabad. They have been allegedly the partner of an “influential Pakistani” in this illegal venture. It claims to have caused an estimated six billion rupees (US$74 million) loss [...]
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