Criticism
In 2004, Mansha's group and his preferred candidate were defeated by a margin of two votes in the All Pakistan Textile Mills Association (APTMA). Mansha subsequently resigned from APTMA.
According to his first interview to a foreign magazine, Mian Mansha stated that, "my net worth is about $4–5 billion." Indeed, there have been claims by many circles in Pakistan that the closely held group has a total capitalisation of nearly US$10 Billion (Rs. 800 billion). However, due to a mix of private and public companies in the group, it is not possible to accurately arrive at a definitive capitalization of sea ports.
D.G. Khan cement, which is part of Mansha's Nishat group, was once the target of violence by local people living near the factory. The issue was eventually resolved by discussions and increased security around the plant.
Read more about this topic: Mian Muhammad Mansha
Famous quotes containing the word criticism:
“Good criticism is very rare and always precious.”
—Ralph Waldo Emerson (1803–1882)
“When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.”
—Ben Hecht (1893–1964)
“Unless criticism refuses to take itself quite so seriously or at least to permit its readers not to, it will inevitably continue to reflect the finicky canons of the genteel tradition and the depressing pieties of the Culture Religion of Modernism.”
—Leslie Fiedler (b. 1917)