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