ISLAMABAD The legislators in the Upper House of the Parliament on Tuesday termed the recent target killings in Karachi a part of an organised conspiracy hatched by many nations planning to ruin the local industry of the financial capital of the country an urged the Interior Minister to brief the House on the issue. Later, Interior Minister Rehman Malik briefed the House on the issue. He assured that he was ready to give an in camera briefing to the House at any time regarding all the matters pertaining to law and order situation. Many Senators on the point of orders raised the issues of target killings and ethnic as well as sectarian violence in Karachi from the very beginning of the proceedings. Mina Raza Rabbani termed the privatisation of KESC (Karachi Electric Supply Company) a part of that conspiracy intended to shut down the industry of Karachi and make it a market for multinational companies. Maula Bukhsh Chandio of PPP urged to expose the elements, while quoting the statement of Chief Minister Sindh, The forces which created hurdles in the initiation of Thar Coal Power Project were a real threat to Federation. However, Malik while briefing the House said that two gangs were operating in Lyari area, adding that the police were conducting raids and the situation was totally under control. He also shared some information with the members about the presence of foreign hands in target killings, saying that in some incidents of sectarian violence, it revealed that neither Shiites nor Sunnis were involved in it. He also blamed the land mafia for creating law and order situation in the city. A committee including the representatives of all schools of thought, intelligence agencies and police has been constituted to resolve the issue, he added. Safdar Abbasi was of the view that the Minister had talked about all the issues but failed to identify of the perpetrators. The House also continued its debate on the Finance Bill 2010-11 and Senators Tahir Hussain Mashhadi, Abdul Ghaffar Qureshi and Maulana Gul Naseeb took part in it. Mashhadi commented that 2 percent of the elite class had made hostage of the entire 98 percent masses of the country, adding that the budget was only of the elite, for the elite and by the elite. The Senator expressed concerns over corruption, smuggling and hoarding, saying the Government had failed to control inflation, unemployment and revival of industries and agriculture. He also stressed for the implementation of the recommendations of Pay & Pension Committee in true letter and spirit, asking for a special pay package for teachers. Abdul Ghaffar Qureshi talked about the decrease in purchase power of the masses, unemployment, foreign investment and inflation. Maulana Gul Naseeb commented that budget was prepared on the aspirations of IMF and World Bank rather than masses. He also questioned the independence of the countrys foreign policy, saying the country even deviated from its principle stance on Kashmir. Minister of State for Foreign Affairs Malik Ammad Khan also briefed the House about the measures taken by the Government to rescue the stranded students in Kyrgyzstan.