Sunday, September 23, 2012

Pak riots cost: Rs. 42 billion

http://www.hindustantimes.com
The economic cost of the riots that erupted in Pakistan on Friday to protest an anti-Muslim film may be as high as Rs76 billion (R42.84 billion), local business associations have warned. As the country picked up the pieces of the rioting and mayhem on Saturday, the government said that arrested and would be sent to anti-terrorism courts in Karachi and Lahore. Militant groups like the Jesh-e-Muhammad and the Jamaat-ud Dawah (JuD) teamed up with other religious parties to stage the demonstrations. In Some of the damage may be irreversible. The Bambino Cinema in Karachi, which was once owned by Hakim Ali Zardari, the father of President Asif Zardari, was gutted along with ten other cinema houses in the country. Famous Karachi cinemas like the Nishat, Prince and Capri were set also ablaze. Nawab Hasan Siddiqui, the owner of Nishat Cinema, said he will never open it again. “Now I know there is no guarantee of our safety.”

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