In the last century thousand such frauds took place which amazed the human mind. The biggest fraud of the 19th century was done in the city of London. This fraud was done by a cashier of an international bank in London. The cashier withdrew 1 penny daily from each customer's account of that bank by the help of the computer, and deposited it into his sister's account. He continued to practice this for almost 15 years and made millions of pounds in this time. He was finally caught on the complain of a Jewish trader.
A similar fraud is being practiced in Pakistan since past 30 years. And this fraud is being done by our Government machinery. But before coming to the fraud, i would like you to tell the history of Pakistani currency because it is deeply related with the fraud itself. Pakistan's currency was launched in 1948. This currency had 6 different coins. Rupae, atanee, chuwanee, dawanee, akani and one paisa. On 1st January 1961, these coins were stopped and Ayub Khan introduce the decimal system. According to this now we had cpins of 50, 25. 10. 5 and 1 paisa. Till Zia regime they continued but started to diminish and since 30 years they have completely finished.
Why have these coins finished?? This is because state bank no more issues these coins. But the act of government is worth our attention, that whenever prices of petrol, electricity and gas are increased. They are increased in both rupee and paisa terms. For example, recently government raised the petrol prices by 5 rupee 92 paisa per liter. After which the petrol price per liter is 62.13 rupee. But the question is, if there is no system of paisa and no coins are available of paisa in the country, then why prices are changed in paisa terms. If a citizen purchases one liter of petrol, he will not be able to pay 62.13 rupee because of absence of paisa coins and would be forced to par 63 rupee instead. Meaning he would be paying an extra amount ov 87 paisa. So just estimate, daily 320,000 barrel petrol is sold in Pakistan. That makes 5,880,000 liter per day. Earning 87 paisa extra per liter means an amount of 5,115,600 rupee are earne by oil companies daily.And if u mutliply this amount by 365 dqays and later 30 years, you can imagine the amount Pakistani's have payed without any reason. And there is no accountability where that money has been used, it certainly hasnty been used on our welfare. Think,if there is no paisa system, in our country,then how come prices could be changed in paisa terms.
