World

Children Deserve to Know the Truth about the Environment

Published

4 years ago

October 14, 2021

If possible, you want to protect your children from reality. It’s why you want them to believe that Santa Claus is real and the world is full of wonderful human beings. Even if you know the truth, you want them to be innocent for as long as possible. However, you also have to understand that children deserve to know the truth about certain issues. When it comes to the environment, they need to know what’s happening.

Your children are never too young to understand what’s going on. It’s their future at stake. You want them to know what’s happening so that they can do their share. If not, they can at least be aware of what’s going on and eventually realize that they can do something about it.

Good values should start at a young age

When people already start forming their values, it would be challenging to change them. The problem is that they failed to understand the truth when they were younger. Therefore, they ended up being misguided and not having the right information. They must understand what’s right and wrong even if they’re not yet mature enough to know the difference. Constantly telling them that there’s a problem with the environment will make them realize that they can do their share.

Start with something simple

You can explain some facts about environmental issues to your children in many ways. Start by showing some videos about what’s going on in different places. You can use animations at first. Eventually, you can show real videos and news stories. You may also use children’s stories to understand the plight of people suffering from environmental problems. Awareness is an excellent start. If they have questions, you can try to respond and simplify. Even if the questions are challenging to respond to, you have to try your best to answer.

Improve habits at home

Some concepts about environmental issues might be difficult to grasp. Even adults can’t comprehend them. The best way to simplify it for your children is by changing the practices at home. Start by segregating your trash. They must end in different bins. Otherwise, they end go to a landfill. Non-biodegradable waste shouldn’t be in a landfill since it doesn’t decompose quickly. It will only worsen landfill problems. You may also work with a junk Removal in Alpharetta to show your children that you’re sincere in helping solve trash disposal issues.

Another practice is recycling. Teach your children some creative ways to recycle. It lets them know more about recycling and improves their creative and critical thinking skills.

You have a responsibility

There are different ways to join the fight against global warming. One of them is by being active in organizations that help solve some issues. However, there are steps that you can start now, even without leaving home. Educating your children is an excellent idea. It also reveals your sincerity in taking up the fight to end global warming.

Image: https://unsplash.com/photos/ubt6OzW2KBg

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

1 week ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.