Who Owns Pakistan - Yimg

Major defaulters among the politicians were Chaudharies of Gujrat who were
defaulting in payment of six loans worth Rs 109.66 million against Phalia Sugar,
Punjab Sugar and Sapco Limited, Ittefaq group Rs 83 million against Ittefaq
Foundry, Saifullah's Rs 37.3 million while Zardari group was in default of Rs 7
million.
List of Top Loan Defaulters by Benazir 6.9.1996.
S.No Name
Amount Borrowed Default (Rs in Millions)
1 Ittefaq 3,675 2,891
2 Fazalsons 3,475 3,475
3 Tawakkal 1,768 1,464
4 Bela Chemicals 1,259 1,217
5 Abdul Shakoor Kalodia 1,215 1,215
6 Naqvi 1,213 1,060
7 Zahur 1,035 905
8 Ghani 1,023 985
9 Arabian Sea Enterprise 950 913
10 Hyesons 750 725
11 Chaudri Cables 716 684
12 Farooq A Sheikh 632 632
13 Habib 615 615
14 Bawany-Alnoor 601 485
15 Chaudry Shujaat 544 381
16 Dawood 540 325
17 Adamjee 526 494
Total 20,537 18,466
Top Defaulters by Meraj Khalid in January 1997
S.No Name
Amount in Default (Rs. in Million)
1 Ittefaq 3,013
2 Tawakkal 2,956
3 Fazalsons 2,800
4 Bela Chemicals 2,339
5 Chaudri Shujaat 1,557
6 Abdul Shakoor Koladia 1,254
7 Fauzi Ali Kazim 1,159
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