KHABAR Muhammad Malick Kay Saath | ARY News | 9th October 2024
#alimuhammadkhan #constitutionalamendment #ConstitutionalCourts #pti #imrankhan #juif #maulanafazlurrehman #khabar #muhammadmalick #supremecourt #NarendraModi #IndianOccupiedKashmir #BJP
(Current Affairs)
Host:
- Muhammad Malick
Guests:
- Ali Muhammad Khan PTI
- Bilal Azhar Kayani PMLN
- Hasnaat Malik (Court Reporter)
- Mushahid Hussain
Constitutional Courts ka Muamla, Hukumat Ka Peeche Hatne Ka Iradah? Hasnaat Malik's Give Inside News
"Hamare Members Nahi Tootay Gay, Tamam Members Say..." Ali Muhammad Khan's Big Claim
Why Modi's BJP lost elections in Indian occupied Kashmir? - Mushahid Hussain's Reaction
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
(Current Affairs)
Host:
- Muhammad Malick
Guests:
- Ali Muhammad Khan PTI
- Bilal Azhar Kayani PMLN
- Hasnaat Malik (Court Reporter)
- Mushahid Hussain
Constitutional Courts ka Muamla, Hukumat Ka Peeche Hatne Ka Iradah? Hasnaat Malik's Give Inside News
"Hamare Members Nahi Tootay Gay, Tamam Members Say..." Ali Muhammad Khan's Big Claim
Why Modi's BJP lost elections in Indian occupied Kashmir? - Mushahid Hussain's Reaction
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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NewsTranscript
00:00Assalam-o-Alaikum, you are watching Khabar Lahariya, I am Muhammad Malik.
00:15Khabrein, Khabrein.
00:16Saudi Arabia's investment minister has come with a delegation of 130.
00:21The government is very happy.
00:23It says that at least 2 billion dollars plus agreements will be made.
00:26The stock market has crossed the psychological limit of 86,000.
00:30They are very happy about that.
00:32The SCO is happening.
00:33They have broken the PTI, which was a procession.
00:37Mr. Gandapur has been passing clarifications for three days.
00:40So a lot is happening in the country at the moment.
00:42But the real thing is the same.
00:44The news is that what is going to happen is the news of the constitutional amendments.
00:49Mr. Kamran Murza, the JUI, the Cancos PTI, and the rest of the JUI is a very critical thing.
00:56The government says that we have numbers, but we need Mr. Maulana to be with us for moral authority.
01:02Mr. Kamran Murza, his legal team is also excited.
01:06They have done a lot of ifs and buts.
01:09This evening, Hafiz Abdullah, the senior leader of the JUI, tweeted something very scary.
01:16He said,
01:37It's very close.
01:38But those who know Mr. Maulana say that Mr. Maulana never takes such a definitive position.
01:44He always keeps a manoeuvring room.
01:46So these are pressure tactics.
01:48Because the government is saying that they will get reserve seats in the coming days.
01:53And so far, the Election Commission has not disappointed this government.
01:56Whether it is the service after 8th February to 9th February.
02:00Or when the election tribunals were held in Punjab.
02:04The election commission that fought the war.
02:06In the end, the Chief Justice of Lahore High Court had to step back two steps.
02:10And the Supreme Court also gave them tribunals.
02:13Then today, when all this was going on,
02:15while talking about another case,
02:17Chief Justice Faiz Issa said a very interesting sentence.
02:21He said,
02:31So maybe if the Election Commission is listening, they must have got more pressure.
02:35That the Chief Justice has said, brother, leave the court orders.
02:38You follow the act passed by the government.
02:42So things look hunky-dory on this front.
03:12Attorney General has met people.
03:14He has met friends.
03:15He has spoken to others.
03:16It is going on from there that maybe the Constitutional Amendment is coming.
03:19But the Constitutional Court is not coming.
03:22I have spoken to a lot of relevant people.
03:26They said that the work for which all the gatherings are being organized.
03:29So that jewel of the crown is the Constitutional Court.
03:32So it will come.
03:34What is your opinion?
03:35Look, Mr. Mahik, there is a meeting of the government on the 7th.
03:40In that, it comes that even if we make the Federal Constitutional Court,
03:43it is not sustainable.
03:45The pressure of lawyers is increasing.
03:48And it will increase further.
03:50There is the election of the Supreme Court.
03:52In the last week of October,
03:54in the last week of the month,
03:56there are more chances of setbacks.
03:59So it has been said that the idea of the Federal Constitutional Court,
04:02rethink it, drop it.
04:05And then it is happening that whether we make Judgement Mansoor Ali Shah
04:10directly the Chief Justice of Pakistan,
04:13whether we issue his notification or not.
04:15Now it is being discussed whether in the next 2-3 days,
04:19Judgement Mansoor Ali Shah's notification will be issued or not.
04:22One opinion is also that we have to amend the Constitution.
04:25There are many other things.
04:27For example, the issue of appointment of judges.
04:29In that, the Judicial Commission and the Parliamentary Committee,
04:32that is, all the representatives of the Parliament and the Judges will sit in one place.
04:37The second issue is that in the Supreme Court,
04:39there should be a panel for appointment of Chief Justice.
04:42So these are some things that even if Judgement Mansoor Ali Shah's notification is issued,
04:46still efforts are being made to amend the Constitution.
04:49But it is being said in the Federal Constitutional Court
04:51that rethinking, in fact, drop the idea.
04:53This is also the news of the day that the idea has been dropped.
04:56What do you say, sir?
04:58Has it been dropped?
04:59Yes.
05:00Thank you for having me on your show.
05:01See, according to my information, there is nothing like that.
05:04Because other parties are still talking.
05:08Including those people who…
05:10But the idea has not been dropped.
05:12No, no, no.
05:13As far as I know, the Constitutional Court is completely under discussion.
05:16On its methodology, on its details.
05:18The Constitutional Court is the jury composition of the Judicial Commission,
05:21which was also mentioned by Mr. Asnath just now,
05:23in which the Parliamentary Representation,
05:25both the Opposition and the Treasury are present.
05:28Yes, the exact limits of the Constitutional Court…
05:32Now the Reserve Seats will also come to you.
05:34See, and after that, the rest of the debate is ongoing on its details.
05:40But the Constitutional Courts, as per my information,
05:43are very much still on the table.
05:44And these three main parties, JUI, PMLN, People's Party,
05:47are all discussing this.
05:48As far as the Reserve Seats are concerned…
05:50See, the Reserve Seats…
05:52Mr. Speaker has now sent two letters to the Election Commission.
05:56And apart from that, you have seen that the Election Commission
05:59and the Government's own review petitions are still pending,
06:02regarding the main judgement, which we still consider to be unconstitutional.
06:06I will not go into the details of that.
06:07But Mr. Chief Justice has also said that,
06:09man, they should leave the judicial decisions.
06:11When it comes to the constitution and the law,
06:13when the law has been made, then the government is fine.
06:15No, see, the thing is that, whether it is Parliamentarian or Judiciary,
06:18the consistency is of the constitution.
06:20Even a decision of the Supreme Court,
06:22which is contrary to the constitution, cannot prevail.
06:24For example, the 63A judgement.
06:26You saw that it was a blatant rewriting of the constitution.
06:29It was the Supreme Court's judgement.
06:31It was corrected after two years of delay.
06:33No, I am saying that you people did the right thing,
06:36but in a wrong way.
06:38I was a critic of the 63A decision.
06:40No, what did we do in that?
06:41But the way you did it…
06:42No, we did nothing.
06:43The court itself corrected it.
06:44And, and, and…
06:45First you gave an order,
06:47the judge gave powers to make a bench again.
06:50Then he made a bench again.
06:52Then he made a bench of five members.
06:54One of the judges did not sit that day,
06:56neither did he recuse, nor did Muneeb Akhtar get up.
06:58Yes, yes.
06:59Even then, along with four judges,
07:01CJ sir did all the proceedings.
07:03The next day, the judges also came.
07:06So, there are a lot of question marks in that.
07:08A lot of question marks.
07:09No, no.
07:10I don't think there were any question marks.
07:11There was no direct action.
07:12No, no.
07:13In my opinion, rather,
07:14it was a case of better late than never.
07:16Because it should have been done two years ago.
07:18So, a rewriting of such a constitution,
07:21But you are adamant that
07:22a constitutional court will be formed.
07:23A constitutional court,
07:24till now, look,
07:25the thing is that…
07:26Then I will take Ali Mohammad Khan sir as well.
07:27No, no.
07:28Yes, very, very quickly.
07:29I would just like to say,
07:30look,
07:31at what stage we are at now.
07:32A constitutional court,
07:34Judicial Commission of Pakistan,
07:35and other cases,
07:36under a constitutional amendments package,
07:38there are discussions,
07:39there are debates,
07:40there are details.
07:41In that,
07:42there are debates on its various aspects,
07:43on a daily basis.
07:44Working groups are working.
07:45Drafts are also being shared.
07:46There will be numbers.
07:47Look,
07:48the numbers will flow from the agreement
07:49between the three parties.
07:50Once the three parties have agreed
07:51in principle to things,
07:52after that,
07:53there will be an agreement on a draft.
07:54So, first,
07:55there will be the numbers of those three parties.
07:56And then,
07:57the rest of the parliamentarians,
07:58the process of calling them,
07:59will be seen,
08:00how many members are required.
08:01But first,
08:02it has to flow from
08:03an agreement between
08:04these three parties.
08:05That will also be done.
08:06God willing.
08:07God willing.
08:08So, your cementing bond is very strong,
08:09right?
08:10Yes, yes.
08:11It is a constitution.
08:12It is a constitution.
08:13It is a parliament.
08:14It is a democracy.
08:15Unlike PTI.
08:16There are other bonds as well.
08:17Unlike PTI,
08:18there are other bonds as well.
08:19So,
08:20if you boycott the
08:21All Parties Conference,
08:22what is the point of
08:23being serious?
08:24Okay,
08:25Ali Muhammad Khan
08:26has joined us.
08:27He is the senior leader
08:28of PTI.
08:29As-salamu alaykum,
08:30Ali bhai.
08:31Walaykum as-salam,
08:32Ali sahab.
08:33Tell us,
08:34he is saying,
08:35he is saying,
08:36that we are bringing it.
08:37And,
08:38a constitutional court
08:39will also be formed.
08:40The whole protest
08:41that you had,
08:42he has also
08:43dealt with it.
08:44Gandapur sahab
08:45went back
08:46and sat in Peshawar.
08:47He is relying on Maulana sahab
08:48because
08:49Maulana sahab
08:50has supported
08:51the constitutional court.
08:52So,
08:53he will not move.
08:54The other 2-3 things,
08:55the transfer of judges,
08:56he may agree on
08:571-2 things.
08:58What is your
08:59strategy?
09:00How will you stop them?
09:01Yes,
09:02thank you very much,
09:03Maulana sahab.
09:04In the name of Allah,
09:05the Most Gracious,
09:06the Ever Merciful.
09:07Maulana sahab,
09:08first of all,
09:09these constitutional amendments,
09:10first of all,
09:11make it clear
09:12that there is
09:13only one book
09:14in the world
09:15in which
09:16there can be
09:17no change,
09:18and that is
09:19the Quran.
09:20The rest are
09:21man-made laws.
09:22No matter how
09:23sacred the
09:24constitution is,
09:25the constitution
09:26is always a
09:27living document.
09:28There can be
09:29change in it.
09:30They agree
09:31on all of this.
09:32But how can
09:33there be change?
09:34This is a
09:35very big question.
09:36Maulana sahab,
09:37all of you
09:38and all
09:39of our
09:40friends,
09:41whoever
09:42there are,
09:43I think
09:44they should
09:45not
09:46impose
09:47constitutional
09:48amendments
09:49or any
09:50kind of
09:51legislation
09:52from the
09:53outside.
09:54For example,
09:55that night
09:56when they
09:57wanted to
09:58bring the
09:59constitutional
10:00amendments
10:01and if
10:02they could,
10:03they would
10:04have done it
10:05that night
10:06because
10:07they had
10:08already
10:09arrested
10:10our people
10:11and took
10:12away
10:13our
10:14freedom
10:15and
10:16our
10:17rights.
10:18They
10:19should
10:20not
10:21impose
10:22constitutional
10:23amendments
10:24or any
10:25kind
10:26of
10:27legislation
10:28from the
10:29outside.
10:30They
10:31should
10:32not
10:33impose
10:34constitutional
10:35amendments
10:36or any
10:37kind
10:38of
10:39legislation
10:40from the
10:41outside.
10:42They
10:43should
10:44not
10:45impose
10:46constitutional
10:47amendments
10:48or any
10:49kind
10:50of
10:51legislation
10:52from the
10:53outside.
10:54They
10:55should
10:56not
10:57impose
10:58constitutional
10:59amendments
11:00or any
11:01kind
11:02of
11:03legislation
11:04from the
11:05outside.
11:06They
11:07should
11:08not
11:09impose
11:10constitutional
11:11amendments
11:12or any
11:13kind
11:14of
11:15legislation
11:16from the
11:17outside.
11:18They
11:19should
11:20not
11:21impose
11:22constitutional
11:23amendments
11:24or any
11:25kind
11:26of
11:27legislation
11:28from the
11:29outside.
11:30They
11:31should
11:32not
11:33impose
11:34constitutional
11:35amendments
11:36or any
11:37kind
11:38of
11:39legislation
11:40from the
11:41outside.
11:42They
11:43should
11:44not
11:45impose
11:46constitutional
11:47amendments
11:48or any
11:49kind
11:50of
11:51legislation
11:52from the
11:53outside.
11:54They
11:55should
11:56not
11:57impose
11:58constitutional
11:59amendments
12:00or any
12:01kind
12:02of
12:03legislation
12:04from the
12:05outside.
12:06They
12:07should
12:08not
12:09impose
12:10constitutional
12:11amendments
12:12or any
12:13kind
12:14of
12:15legislation
12:16from the
12:17outside.
12:18They
12:19should
12:20not
12:21impose
12:22constitutional
12:23amendments
12:24or any
12:25kind
12:26of
12:27legislation
12:28from the
12:29outside.
12:30They
12:31should
12:32not
12:33impose
12:34constitutional
12:35amendments
12:36or any
12:37kind
12:38of
12:39legislation
12:40from the
12:41outside.
12:42They
12:43should
12:44not
12:45impose
12:46constitutional
12:47amendments
12:48or any
12:49kind
12:50of
12:51legislation
12:52from the
12:53outside.
12:54They
12:55should
12:56not
12:57impose
12:58constitutional
12:59amendments
13:00or any
13:01kind
13:02of
13:03legislation
13:04from the
13:05outside.
13:06They
13:07should
13:08not
13:09impose
13:10constitutional
13:11amendments
13:12or any
13:13kind
13:14of
13:15legislation
13:16from the
13:17outside.
13:18They
13:19should
13:20not
13:21impose
13:22constitutional
13:23amendments
13:24or any
13:25kind
13:26of
13:27legislation
13:28from the
13:29outside.
13:30They
13:31should
13:32not
13:33impose
13:34constitutional
13:35amendments
13:36or any
13:37kind
13:38of
13:39legislation
13:40from the
13:41outside.
13:42They
13:43should
13:44not
13:45impose
13:46constitutional
13:47amendments
13:48or any
13:49kind
13:50of
13:51legislation
13:52from the
13:53outside.
13:54They
13:55should
13:56not
13:57impose
13:58constitutional
13:59amendments
14:00or any
14:01kind
14:02of
14:03legislation
14:04from the
14:05outside.
14:06They
14:07should
14:08not
14:09impose
14:10constitutional
14:11amendments
14:12or any
14:13kind
14:14of
14:15legislation
14:16from the
14:17outside.
14:18They
14:19should
14:20not
14:21impose
14:22constitutional
14:23amendments
14:24or any
14:25kind
14:26of
14:27legislation
14:28from the
14:29outside.
14:30They
14:31should
14:32not
14:33impose
14:34constitutional
14:35amendments
14:36or any
14:37kind
14:38of
14:39legislation
14:40from the
14:41outside.
14:42They
14:43should
14:44not
14:45impose
14:46constitutional
14:47amendments
14:48or any
14:49kind
14:50of
14:51legislation
14:52from the
14:53outside.
14:54They
14:55should
14:56not
14:57impose
14:58constitutional
14:59amendments
15:00or any
15:01kind
15:02of
15:03legislation
15:04from the
15:05outside.
15:35They
15:36should
15:37not
15:38impose
15:39constitutional
15:40amendments
15:41or any
15:42kind
15:43of
15:44legislation
15:45from the
15:46outside.
15:47They
15:48should
15:49not
15:50impose
15:51constitutional
15:52amendments
15:53or any
15:54kind
15:55of
15:56legislation
15:57from the
15:58outside.
15:59They
16:00should not
16:01impose
16:02constitutional
16:03amendments
16:04or any
16:05kind
16:06of
16:07legislation
16:08from the
16:09outside.
16:10They
16:11should
16:12not
16:13impose
16:14constitutional
16:15amendments
16:16or any
16:17kind
16:18of
16:19legislation
16:20from the
16:21outside.
16:22They
16:23should
16:24not
16:25impose
16:26constitutional
16:27amendments
16:28or any
16:29kind
16:30of
16:31legislation
16:32from
16:33the
16:34outside.
17:02They
17:03should
17:04not
17:05impose
17:06constitutional
17:07amendments
17:08or any
17:09kind
17:10of
17:11legislation
17:12from the
17:13outside.
17:14They
17:15should
17:16not
17:17impose
17:18constitutional
17:19amendments
17:20or any
17:21kind
17:22of
17:23legislation
17:24from the
17:25outside.
17:26They
17:27should
17:28not
17:29impose
17:30constitutional
17:31amendments
17:32or any
17:33kind
17:34of
17:35legislation
17:36from the
17:37outside.
17:38They
17:39should
17:40not
17:41impose
17:42constitutional
17:43amendments
17:44or any
17:45kind
17:46of
17:47legislation
17:48from the
17:49outside.
17:50They
17:51should
17:52not
17:53impose
17:54constitutional
17:55amendments
17:56or any
17:57kind
17:58of
17:59legislation
18:00from
18:01the
18:02outside.
18:30They
18:31should
18:32not
18:33impose
18:34constitutional
18:35amendments
18:36or any
18:37kind
18:38of
18:39legislation
18:40from the
18:41outside.
18:42They
18:43should
18:44not
18:45impose
18:46constitutional
18:47amendments
18:48or any
18:49kind
18:50of
18:51legislation
18:52from the
18:53outside.
18:54They
18:55should
18:56not
18:57impose
18:58constitutional
18:59amendments
19:00or any
19:01kind
19:02of
19:03legislation
19:04from the
19:05outside.
19:06They
19:07should
19:08not
19:09impose
19:10constitutional
19:11amendments
19:12or any
19:13kind
19:14of
19:15legislation
19:16from the
19:17outside.
19:18They
19:19should
19:20not
19:21impose
19:22constitutional
19:23amendments
19:24or any
19:25kind
19:26of
19:27legislation
19:28from
19:29the
19:30outside.
19:32They
19:33should
19:34not
19:35impose
19:36constitutional
19:37amendments
19:38or any
19:39kind
19:40of
19:41legislation
19:42from the
19:43outside.
19:44They
19:45should
19:46not
19:47impose
19:48constitutional
19:49amendments
19:50or any
19:51kind
19:52of
19:53legislation
19:54from the
19:55outside.
19:56They
20:27We are trying to convince them in a systematic way.
20:30And the second thing is that I am literally telling you that you will not tell them,
20:34not even the PTI, that PM Allan is saying to drink a cup of coffee.
20:37They will say, we don't drink.
20:39We will say, he didn't drink.
20:40They will say, now we will drink this only.
20:41This is neither good nor bad.
20:42They will be afraid, don't put too much coffee in the cup.
20:44They don't trust you.
20:45That is neither good nor bad.
20:46I want to come back to the subject.
20:47This discussion will continue.
20:48Sir, tell me, if your sources or your analysis is that maybe they are backing off,
20:54then why did they ask all the MNAs and Senators outside to reach till 15?
20:59Why are they calling everyone?
21:01Look, Mr. Malik, it is obvious that now if Justice Mansoor Ali Shah has to show his strength
21:07that by doing everything we are doing for the Chief Justice.
21:12And it is obvious that they have opened all their cards.
21:15Now this cannot happen.
21:17Then why is there no notification?
21:18Are they afraid that if they make a notification now,
21:22then other people will get very upset.
21:25And they will make a few decisions.
21:27I am already upset.
21:28What is your opinion? Are they upset?
21:30Look, they have said a lot that there is no day of gratitude on anyone.
21:36They have spoken of gratitude.
21:38So there is no doubt that this system,
21:40the strength that the Chief Justice Qazi Faisal has given,
21:43I think maybe someone can give.
21:45And after decades, they will not get a Chief Justice like Qazi Faisal has done.
21:50Like you saw the case of 63A, or the decision of 13th January,
21:55or many other decisions.
21:57They have been de-seated in three PTIs, in recounting.
22:01Those cases could have gone to the Election Tribunal.
22:03But now the Election Tribunals have also been made at the will of the President.
22:06Yes, they have done that in Punjab as well.
22:08Are you grateful or will you be grateful to those who have done good to you?
22:13Will you be grateful or will you be grateful?
22:16Look, we are with every person who works in that institution,
22:21who makes decisions according to the law,
22:23and discharges his duties,
22:25even if he is a constitutional body.
22:27And as far as being person-specific is concerned,
22:32his Jamaat talks about it all the time.
22:35I am telling you for real.
22:37If anyone is person-specific in all these discussions,
22:39it is the PTI itself.
22:41Because whenever they see Qazi Faisal,
22:43they see their injustice.
22:45The same presidential reference.
22:47They say that whatever injustice we have done,
22:49it should be removed from our face.
22:51No other person is person-specific.
22:53We don't do it either.
22:55They see it all the time.
22:57In yesterday's interview,
22:59he was asked,
23:01these reserve seats,
23:03this conscience,
23:05he himself remembers,
23:07when his people were revolted,
23:09he had said a lot,
23:11that he will do an inquiry in the Senate.
23:13His advisor,
23:15he said that the Supreme Court
23:17interpreted the law in July 12.
23:19You cannot take reserve seats
23:21with simple legislation.
23:23So it is very important
23:25that when his own legal team
23:27does not agree that he can get the seats,
23:29then how will he get them?
23:31He says that even without reserve seats,
23:33it is a different matter.
23:35Look, Mr. Malik,
23:37this is the ideal on reserve seats.
23:39Like in 63A,
23:41even in the case of reserve seats,
23:43the review petitions
23:45have been delayed.
23:47Now the review petitions are pending.
23:49So why is the court not setting
23:51those petitions up for the hearing?
23:53Whatever is going to be corrected
23:55should be done by the Supreme Court
23:57instead of this kind of situation.
23:59There is a religion in Pakistan.
24:01We cannot object to it.
24:03There is bloodshed,
24:05there is reconciliation,
24:07money has been given.
24:09If one person is very strong,
24:11then the other person
24:13will either take the money
24:15or the rest of the family
24:17will also be killed.
24:19Are you doing any political
24:21activities with everyone
24:23that this is an option
24:25and they should either
24:27listen to us or
24:29this will happen with X, Y, Z?
24:31No, Mr. Malik.
24:33How are you convincing people
24:35that they will cross the lines
24:37If those people who are
24:39with the Jamaat,
24:41who boycott Palestine,
24:43do not listen to everything,
24:45I am telling you,
24:47there are better people in PTI
24:49than Ali Ameen Ghandapur.
24:51Why did Imran Khan choose
24:53Ali Ameen Ghandapur?
24:55What value does Gohar Ali Khan
24:57have in the Jamaat today?
24:59It is not a domestic matter.
25:01Gohar Ali Khan has come
25:03to talk about loyalty with you.
25:05Sir, listen to me.
25:07Listen to me in Punjab.
25:09Was there no one more experienced
25:11than Maryam Nawaz Sahiba
25:13when she became the Chief Minister?
25:15No, no.
25:17If you bring in experienced
25:19Chief Ministers and justify
25:21them, then they also have
25:23justification.
25:25This is a matter of the party.
25:27No, no.
25:29This is not a matter of the party
25:31when you see Gohar Ali Khan
25:33and Ali Ameen Ghandapur
25:35on the floor of the house.
25:37Maryam Nawaz Sahiba,
25:39you still see her doing
25:41climate change, education,
25:43health initiatives.
25:45You can criticize her.
25:47Ali Ameen Ghandapur is
25:49being terrorized.
25:51Where did Gohar Ali Khan
25:53versus Ali Ameen Ghandapur
25:55and Imran Khan settle?
25:57Ali Ameen Ghandapur
25:59stood on the floor of the
26:01house.
26:25Last 10 seconds.
26:27Do you think
26:29that the federal
26:31constitutional court
26:33should be postponed?
26:35No, no.
26:37The federal constitutional
26:39court should be postponed.
26:41The expenses and the hard work
26:43that is being done.
26:45Nothing is going to happen.
26:47Everything is going to happen.
26:49Double, double the expenses
26:51and double, double the effort.
26:53You are saying that...
26:55The 18th update that we are
26:57waiting for.
26:59We are waiting for it.
27:01We are waiting for it.
27:03We are waiting for it.
27:05We are waiting for it.
27:07We are waiting for it.
27:09We are waiting for it.
27:11We are waiting for it.
27:13We are waiting for it.
27:15We are waiting for it.
27:17We are waiting for it.
27:19We are waiting for it.
27:21We are waiting for it.
27:23We are waiting for it.
27:25We are waiting for it.
27:55Pakistan
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29:47The first statement they gave was that they would prefer to abolish the statehood.
29:52They will adopt all the legal and political aspects.
29:55I think we are heading towards the reversal of August 5, 2019 and the statehood will be abolished.
30:02BJP has won 29 seats, which is their best showing to date.
30:10They are seeing that they did not win so many seats earlier and now they have won.
30:15They have more seats in the areas where they had made Hindu majority constituencies.
30:20The split between the Hindu population and the Muslim population has deepened.
30:26Can BJP see this as a partial victory?
30:31You can say that BJP has found a small foothold in their core Jammu Hindutva Hindu area.
30:41And they tried a lot for that.
30:44Like I said, they increased Jammu by 6 seats in the deal limitation.
30:48They gave 4.2 million people, 42 lakh people, a domicile.
30:54The voters list was revised.
30:56So they did all the work that the Election Commission does.
31:02But despite that, their desire to become the government of BJP and the chief minister of BJP,
31:08even if it is in the coalition, was not possible.
31:11So this division has become clearer in Makbooza Kashmir.
31:16In terms of religion, in terms of politics, and in terms of ideology.
31:20But why do you think that statehood can come back?
31:23The issue of 370 can be raised again.
31:26Delhi will ignore it.
31:27There are all the fathers of Hindutva, Doval, Amit Shah, Modi.
31:33What pressure can you put on them?
31:35How will they make it happen?
31:38Their pressure is that this is the second big setback for Modi.
31:43But even in the election, Modi did not win the election.
31:47303 seats in Lok Sabha.
31:49This time, 400 seats.
31:51He got 240 seats.
31:53And he came to a coalition government.
31:55Modi is at his weakest in the last 10 years.
31:58And the pressure that is being put at this time.
32:01And another thing to note is that the Kashmiri freedom struggle,
32:04I am talking about armed struggle, Jado Jado Azadi,
32:08has also undergone a lot of pressure for the past year.
32:11People in the valley and especially in Jammu.
32:15So there is a lot of pressure on them.
32:17And this pressure is also in Punjab.
32:19The Khalistan Movement has been launched.
32:21This pressure, these seven sisters, the young ones who are in the Northeast.
32:25And after the revolution of Bangladesh, the pressure has increased from there too.
32:28So to diffuse that pressure, they will do it.
32:31And don't forget that Pakistan is becoming a member of the UN Security Council from January 1.
32:36And our focus will be very clear.
32:39Apart from Palestine, our focus will be on Kashmir.
32:43Right of self-determination.
32:45So to deflect that pressure.
32:48Because Kashmir is still the Indian Union Territory.
32:51The left-wing governor is the boss there.
32:54These people will be a kind of glorified municipal boss.
32:57Like Umar Abdullah.
32:59Because the real power is executive power.
33:01Even now the left-wing governor who is appointed by New Delhi.
33:03So to deflect the pressure, to reduce it,
33:07I think they will take action.
33:09Because this is not such a difficult option.
33:12The territory is in their hands.
33:14The government is in their hands.
33:16The government belongs to those people who do not talk about freedom.
33:21So it will suit them.
33:23And their international pressure will also be reduced.
33:25Tell me this.
33:27What you said is related to the next question.
33:29What can Pakistan do in this?
33:31Because as I said in the beginning,
33:33our relations with the rest of the people were a lot.
33:36And Pakistan matters a lot.
33:38When we talk to the people of Kashmir,
33:40they rely a lot on Pakistan.
33:42International, diplomatic, fighting, everything.
33:44Umar Abdullah, we have never seen you in Pakistan's camp
33:48or so sympathetic that the rest of the people were.
33:51So how much will Pakistan play a role in this?
33:55Will that be our diminished role?
33:57Or can we take more advantage of this?
34:00To help out Kashmiris.
34:02There are two-three aspects to this.
34:04One is that I do not know Umar Abdullah so much.
34:07But I have a good friendship with his father, Dr. Farooq Abdullah.
34:10He is a very intelligent and lively person.
34:12And he has very good thoughts about Pakistan.
34:15I am not saying that he is pro-Pakistan or anti-Indian.
34:18But he has a positive thinking.
34:20And when Umar Abdullah came to Pakistan,
34:23and he had a very good opening up in the era of General Musharraf.
34:27And we told him to look at new options.
34:29So he also has good thoughts.
34:31The basic thing is that Umar Abdullah,
34:33he knows that he is representing anti-status quo forces.
34:39In which not only does he have his own party, National Conference,
34:43not only does he have a Congress party,
34:45but he is also an element of the Kashmiri people
34:47who are very opposed to India.
34:49But he thinks that at this stage, BJP's opposition is important.
34:54So he will also appease that constituency.
34:56The second aspect is that Pakistan also needs strategic clarity.
35:01We also have zigzags and ups and downs in our policy.
35:05Sometimes we say that Modi is the best person for us.
35:08Sometimes we tweet Modi.
35:10Then we send a message for Modi ji.
35:13And in the past, there was a little bordering on appeasement policy.
35:16So now there should be strategic clarity
35:18that we have to put international pressure on this.
35:20And we have also got a platform for the next two years.
35:23We are a member of the UN Security Council.
35:25So in that regard, Pakistan should say that
35:28our stand was that in Indian-occupied Kashmir,
35:33the people reject status quo, Indian occupation and Indian annexation.
35:38So our stand has been vindicated.
35:40And let's move on.
35:42And remember that if you link it with the Palestine cause,
35:45in which the voices of self-determination are being heard in the West as well.
35:48For the first time, there has been a positive opinion
35:50towards Palestinian self-determination in America and in Europe as well.
35:53So overall, if we have a smart, sophisticated and sustained policy,
35:58we can revive the Kashmiri cause and change the status quo
36:02so that the Kashmiri people...
36:04Tell me one thing.
36:05Pakistan is now a member of the Security Council.
36:08If Pakistan moves anything,
36:11then will the Umar Abdullah government
36:14obviously violate the limits and restrictions there?
36:19Can they throw their support for Pakistan
36:24for the right of self-determination?
36:30I think there is a midway point between freedom,
36:33which is the right of self-determination,
36:36and maximum autonomy.
36:41So in that midway point,
36:44there will be sympathetic voices in the occupied Kashmir,
36:48including the National Conference, including Umar Abdullah.
36:51Because they have seen the worst of Hindutva.
36:54And they have seen that this is a very smelly kind of fascism,
36:58and on the basis of division, contradiction and corruption,
37:01this was the view, which is now failing.
37:04The total has failed in the occupied Kashmir,
37:06but it is now decreasing in India after the election.
37:10So in that regard, I think there will definitely be a soft voice in them.
37:13I think you have raised a very valid point
37:17that we have cleared the ground reality in the occupied Kashmir.
37:20Now it is necessary for Pakistan to bring its own strategic clarity
37:24and see how we have moved forward.
37:27Thank you very much for your time.
37:30Pleasure is always talking to you.
37:32Let's take a break.
37:34When we come back after the break,
37:36we will talk about the stock market boom.
37:38Is it a bubble of water?
37:40Is it a temporary thing?
37:42Is it manufactured just to show the government
37:44that the government is doing a great job?
37:46Is there really a basis in this?
37:48This is a very critical point.
37:50We will talk about this after the break.
37:58Welcome back to the show.
38:00Today, the government is standing on the roof
38:02and making noise.
38:04They are saying that the economy is seriously turning around.
38:07The stock exchange limit of 86,000 has been crossed.
38:13The stock market boom and spike in the stock market is temporary?
38:23Is it sustainable?
38:25Because many people think that
38:27the index heavy stocks are moving up and down
38:31in two or three sectors.
38:34So, the overall psychological limits are crossed.
38:38But when you look at the overall stock market,
38:41it is not as rosy as it is being told.
38:45So, let's talk about this.
38:47We have Mohammed Sohail,
38:49the Chief Officer of Topline Securities.
38:51Assalam-o-Alaikum.
38:53Assalam-o-Alaikum.
38:55Sohail, a simple question.
38:57There is a lot of noise that this is tenable.
39:00Some signs and mega-trends are good,
39:02but this spike of 86,000
39:04is happening in two or three sectors.
39:09Sir, thank you very much.
39:11The structure of our index is such
39:14that the banking sector, ENP sector, and the fertilizer sector
39:18are more than 50%.
39:20So, institutional buying is happening in their shares.
39:26So, their prices are increasing.
39:29So, this is not abnormal.
39:31Whenever the index heavyweight shares increase,
39:34the index increases.
39:35And the institutions, unlike speculators or individuals,
39:39do not work in small stocks
39:42or those whose quality is not so good.
39:47Only blue-chip companies and dividends work in them.
39:50So, I think this is a good signal
39:53that the prices of good companies and big companies are increasing.
39:57No, but today I saw that your foreign investors have sold a lot
40:02and there has been buying of mutual funds
40:05and the insurance companies have bought more.
40:07So, that is why I am asking.
40:10Because if you look at our ratings,
40:12we are below the investment rating of the French.
40:15So, is this temporary only because
40:19the interest rates have fallen
40:21and some money has come to the stock market
40:23to make some quick money?
40:25Is this reflecting on the economy or not?
40:28Or is it only because of the variation in the interest rate
40:31that the stock market has increased?
40:33I would like to ask two or three things.
40:35In today's selling,
40:38a foreign fund has sold a stock
40:42and an insurance company has bought it.
40:45I don't think we should see this on a daily basis.
40:50Sometimes they buy and sometimes they sell.
40:53If you look at the last year,
40:55foreign investment has increased a lot in Pakistan after 10 years.
40:58And according to us,
41:00the interest rate that is coming now,
41:02as you know, in 2016-17,
41:04a lot of foreign investors are coming to Pakistan
41:06from companies and governments.
41:09So, they have an interest.
41:11Secondly, the reason for the decrease in the interest rate
41:14is that it happens all over the world.
41:16The US market is increasing
41:18because the interest rate there has increased from 4.5% to 4.75%.
41:22It is true that the 20% return
41:25that the investors were earning in mutual funds
41:27and bank deposits,
41:29is now 12-14%.
41:31So, the money is moving from the fixed income to the equity market
41:34everywhere.
41:36It is happening in Pakistan as well.
41:38It has been happening for the past 5-6 days,
41:40especially the local mutual funds,
41:42they have been very supportive.
41:44Because they think that the dividend yields
41:46and capital gains in the next 12 months
41:48will be more than the fixed income.
41:50In America and other countries,
41:52people have invested a lot in companies.
41:56In America, 70-80% of households
41:58are invested in the stock market.
42:00Our stock market is very small.
42:02That is why many people say
42:04that it can be manipulated very easily.
42:06You can play it up and down very easily.
42:08Even if 8-10 big people come,
42:10it can be played up and down.
42:12That is why I am asking
42:14what is the interest rate factor in this?
42:16If I ask you 1-10,
42:18how much is the interest rate factor
42:20contributing to the spike?
42:22And what is the percentage of the
42:24potential and health of the economy
42:26and companies?
42:28Look, Mr. Malik,
42:30the most unique thing about Pakistan
42:32is that the earnings
42:34have not been affected
42:36by the economic crisis
42:38of the Pakistani companies
42:40to a large extent.
42:42And this is indicated by
42:44many big economists in the media.
42:46If you go to Bloomberg,
42:48India's corporate earnings
42:50of the last 10-15 years
42:52have outperformed Pakistan
42:54in a lot of ways.
42:56First, the earnings are higher
42:58and second, the interest rate
43:00is a very big factor.
43:02Third, the market size is very small.
43:04100 billion dollars was in 2017
43:06when the economy was 300 billion.
43:08Today, the economy is 400 billion dollars
43:10and we are 40 billion dollars.
43:12But the market of 40 billion dollars
43:14is very small.
43:16Every investor has an ID.
43:18The regulators have software
43:20and they monitor the market.
43:22I think it is wrong to shake
43:24the market of 8-10 people.
43:26It would have happened 20-25 years ago
43:28when the regulatory environment
43:30was different,
43:32when there was no unique ID,
43:34when the regulations were very relaxed.
43:36But today,
43:38if you want to shake the market
43:40of 8-10 people,
43:42big foreign investors
43:44like today, one foreign investor
43:46has sold 10 billion dollars.
43:48They can sell it.
43:50I think it is wrong to shake the market
43:52of 4-5 people.
43:542-3 good things have happened.
43:56ADB has announced
43:58that it will give 2 billion,
44:006 billion over the next 3 years.
44:02Your ratings are getting better.
44:04But if the interest rates
44:06don't go down
44:08as expected,
44:10as I saw today,
44:12some banks are leasing
44:14from 17.5% to 15.5%
44:16so that
44:18they can lock deals
44:20with people.
44:22If the interest rate
44:24doesn't go down
44:26by 10-11%,
44:28can the trend reverse?
44:30Can the stock market reverse?
44:32If the interest rate
44:34doesn't go down,
44:36it is possible.
44:38We don't expect
44:4011% interest rate.
44:42We think
44:44it will go down
44:46to 13%
44:48which is 17.5% now.
44:50In the next 3-9 months,
44:52we don't expect
44:54it to go down.
44:56If it goes down,
44:58the market will increase.
45:00On the other hand,
45:02banks want to
45:04lease 14-15%
45:06for the next 3 years.
45:08Another problem with banks
45:10is that the government
45:12has an advance deposit ratio
45:14of 50%.
45:16Many banks
45:18are less than
45:20their ADR.
45:22They are not only
45:24leasing cars,
45:26they are also
45:28leasing a lot of
45:30mutual funds.
45:32Liquidity is increasing
45:34and it is getting
45:36cheaper.
45:38Thank you so much,
45:40Mr. Sohail.
45:42We will talk to you
45:44in the future.
45:46In the next
45:482-3 months,
45:50the government's
45:52economic policy
45:54will be the deciding factor.
45:56If the stock market
45:58only varies on the
46:00interest rate,
46:02the government
46:04may not be waiting
46:06for pleasant news.