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Who Owns Pakistan - Yimg

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<strong>Pakistan</strong>'s Robber Barons<br />

Nishat Saigol Crescent Dewan Ittefaq<br />

Chakwal<br />

Saphire/Gulistan Habib<br />

Atlas Hashwani Dawood<br />

GulAhmed/Al-<br />

Karam<br />

Bibojees /<br />

Saifullah<br />

Packages<br />

Monnoo<br />

Fecto Lakson Fateh Bawany Sargodha<br />

Al-Noor Ghulam Farooq Ibrahim Schon United<br />

Rupali Dadabhoy Colony Shahnawaz Premier<br />

Umer Fazal / Fatima Calico Jehangir Elahi Adamjee<br />

Tawakkal Kassim Dada<br />

Kohistan<br />

Nishat<br />

Nishat is <strong>Pakistan</strong>'s biggest industrial and financial conglomerate controlling<br />

assets worth Rs 192 billion and its Chairman, Mian Mohammad Mansha Yahya<br />

represented on the board of 45 companies is undisputedly <strong>Pakistan</strong>'s richest<br />

individual.<br />

Mian Mansha has catapulated to the top of <strong>Pakistan</strong>'s richest families from the<br />

15th position in 1970 and 6th in 1990 because of combination of factors like his<br />

marriage to Naz, daughter of Yusuf Saigol, a lot of luck and bit of politics under<br />

Nawaz Sharif.<br />

" Investing in the shares of Muslim Commercial Bank (MCB) has been one of my<br />

biggest business slip ups. In hind sight, I should have never invested in this<br />

bank", Mansha told Ayesha Haroon of daily, The Nation, Islamabad when asked<br />

to comment on the general perception that MCB was privatized to him and his<br />

associates because of his friendship with Nawaz Sharif.<br />

Windmills of God work in strange ways. In 1948 when Mansha's father Mian<br />

Mohammad Yahya and his three brothers incorporated a partnership concern, it<br />

was called Nishat Corporation after Nishat Haroon, the three year old grandson<br />

of Mian Mohammad Yaqub, eldest of the four brothers. The child who gave his<br />

name to the group has disappered in thin air and Mian Mohammad Mansha,<br />

Chairman Nishat Group is today on top of <strong>Pakistan</strong>'s corporate world, boastfully<br />

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