Who Owns Pakistan - Yimg

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63. The sick industary therapy, article by H U Beg in The Banker Jan-June 1994. 64. The Daily Business Recorder 4.1.96. 65. Restructuring the financial system, World Bank document 11637-Pak 66. Credit for the housing sector, A study by USAID 67. A letter by Shahbaz Sharif to Columnist Irshad Haqani Daily Jang 31.10.95. 68. Interview with BOI officials. 69. Impact and implications of income tax amendments, by Prof. Massod Ahmad Abbasi, Daily Dawn 16.9.91. 70. Daily Jang Lahore,25.5.97. 71. Daily Jang Lahore, 14.1.95. 72. Business Recorder 30.4.95, The Nation 21.6.96, Dawn 27.4.96. 73. Mehran Bank Commission of Inquiry p 19. 74. CBR Wealth Tax Directory. 75. PML Press release dated 7.5.96. 76. A report by Shaheen Sehbai, Dawn Washington Correspondent 23.1.97. 77. Domestic Resource Mobilisation World Bank Document 632 p 26. 78. IBID 79. Press conference by caretaker Minister for Petroleum Javed Jabbar 1.2.97. 80. Monopoly Control Authority Report into Cement Price hike 81. Interview with Hamid Gul. 189
References 1. Biographical Encyclopedia of Pakistan, 1970 edition, published by International publisher, Lahore. 2. No hard feeling Mr Mansha, an interview by Amir Mateen, Daily Nation. 3. Pakistan wants market accross not aid, Asia week interview with Mian Mansha. 4. Looking for a place in history, an interview with Mahmood Awan, The Nation. 5. Mrecs, Motown and Peking duck, The Friday Times December 22, 1994. 6. The name of the game is cost, interview with Ayesha Haroon, The Nation April 28, 1997. 7. The timeless quality, Nishat group profile 1990. 8. Coming into their own, Business today profile of Naseem Saigol March 22, 1992. 9. The legend of Kohinoor, The Friday Times May 20, 1993. 10. Saigol Group of companies, a profile. 11. We support every govt, Nasim Saigol interview with Sohail Warraich, Daily Jang 22.5.92. 12. Crescent on the horizon. By Meena Hasan The Friday Times 1993. 13. Crescent Group clarification to Shaheen Sehbai dated April 28, 1993. 14. Press conference by Mian Zahid Sarfraz, Labour Minister, Chairman Accountibility Committee, May 7, 1993. 15. Federal Anti corruption committee enquiry into the accounts of the Ittefaq Foundaries Ltd. 16. Press conference by Shahbaz Sharif Auguat 3, 1989. 17. Press conference by Salman Taseer, Information Secretary Pakistan Peoples Party September 25, 1991. 18. Memorandum of understanding between the families of the Ittefaq group. 19. Shabaz rebutts Babar's claim, daily Dawn, November 16, 1995. 20. Plunders by Mian Nawaz Sharif and looters of Nawaz League, released by PPP. 21. Muslim banking pioneer, letter to editor by Haji Aziz Dossa Daily Dawn 11.9.91. 22. Habib Bank A G (Zurich) Silver Jubilee supplement, Daily Dawn September 16, 1992. 23. 50 years of Habib Bank. Souvenir publication. 24. The House that Habib built, a group profile. 25. A Pakistani capitalist runs a nationalized, the New York Times, July 31,1977. 26. Not my bread alone, by Jugnu Mohsin, The Friday Times July 29,1993 27. Lala Amjad, a life well spent. The Friday Times, June 6,1996. 28. Chakwal group poised for growth, an interview with Khawaja Mohammad Javed, Asian Money, May 1991. 190
Page 1:
Who Owns Pakistan By Shahid-ur-Rahm
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G: UBL Privatization Bid ..........
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Pakistan's Robber Barons ..........
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A Brief introduction - For those wh
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Prologue "I Nawaz Sharif, do solemn
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Nawaz Sharif was not an individual.
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A white paper on " Economy under Bh
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The first Nawaz government was foll
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Another remarkable person mentioned
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Dawood lost Karnaphuli Paper Mills,
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disprove that bulk of the banking a
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perpetuated their control over the
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Kohat Cement, Dandot Cement and Tha
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Earlier in this chapter, we have li
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Insurance companies of 22 families
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Born in Rangoon, M A Rangoonwala ha
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Crescent was a joint venture of fou
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Privatization - Turning the Clock B
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day Privatization Conference in Isl
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Independant Resource Group (IRG) of
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companies, management was to be tra
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Accelerated privatization under a f
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Finance Minister took a conscious d
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clauses and buyers have committed b
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22nd May, 1989 suggested a strategy
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Pakistan Petroleum Limited (PPL) to
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group but thanks largely to the ala
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caretaker govt. to recover Rs 1,500
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Pakistan, had incorporated Muslim C
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Cement for Rs 137 million and Rs 18
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5-star hotel. Bhutto who had planne
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For example, PSL is being managed b
Page 66 and 67:
According to the Khalid Anwar, Burm
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also been assigned to the shelves o
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32 Harijanss 61 - 61 33 Shafi 60.2
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21 Sargodha 2,743 -- 22 Al-Noor 2,5
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had opened their offices in Japan,
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East, REDCO Textile Mills and Const
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4 billion and a roaster of impressi
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The geographic location of the comp
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Haroon's great grandfather had migr
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Gujrati and tended to be organised
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9 Karim 3 10 Hasham 2 11 Latif Jama
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At present, the Kaiser Monnoo group
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Sugar Mills and Samundri Sugar Mill
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" The days immediately after nation
Page 94 and 95:
fortunes which were multiplied, in
Page 96 and 97:
the pioneer Muslim industrialist in
Page 98 and 99:
According to Lawrence White, top se
Page 100 and 101:
Beginning of Bad Loans Bhutto's nat
Page 102 and 103:
Jang, Rawalpindi of December 14, 19
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8 Saigol 1,086 9 Naqvi 1,056 10 Zah
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10, 1997, the Supreme Court observe
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Prime Minister Nawaz Sharif will gl
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specific tax holidays. It was not c
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This decision is based on personal
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oil". It is not difficult from the
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In the fiscal year 1991-92, Messers
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21 Hussain Nawaz Sharif 3,285,6813
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The voiceless small investors have
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Chapter Four - Pakistan's Tax Web P
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28. Ushr 29. Oilseeds Development C
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political heavyweights or their hen
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Export Duties It is one of the most
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Capital Gain Tax As is evident from
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Law Authority will soon seek public
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Chapter 5 - Money and Politics Elec
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Some of the known units of Saifulla
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These charges were peanuts when vie
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In the references about Lakeview Ho
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Epilogue For several years, the peo
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One wonders how a government that c
Page 146 and 147: accustomed to buying his casual out
Page 148 and 149: 141
Page 150 and 151: chemicals, synthetic fibres, cookin
Page 152 and 153: Iqbal Saigol S. No Name Assets Turn
Page 154 and 155: In a communication to the author in
Page 156 and 157: Dewan Listed Companies S. NO Names
Page 158 and 159: conference in Islamabad, on March 2
Page 160 and 161: Listed Companies S. No Company Asse
Page 162 and 163: when the Rserve Bank of India faile
Page 164 and 165: 10. Noble Computer Services (pvt) L
Page 166 and 167: Syed Maratib Ali was a well known n
Page 168 and 169: Unlisted Companies 1. Clearance and
Page 170 and 171: Akbar Hashwani 1. Hashwani Construc
Page 172 and 173: Dawood Cotton Mills was set up in 1
Page 174 and 175: 5. Margalla Textile 6. Rawal Textil
Page 176 and 177: Lakhani (Lakson) Lakhanis have grow
Page 178 and 179: 6 Husein Sugar 358 560 7 Shadman Te
Page 180 and 181: Unlisted Companies 1. Ibrahim Agenc
Page 182 and 183: 4 B F Modaraba 16 16 5 Bawany Air 5
Page 184 and 185: Financial Assets 5 Schon Bank 1,994
Page 186 and 187: Mian Mohammad Ismaeel Sheikh was a
Page 188 and 189: 1 Mubarik Textiles 346 119 2 Fatima
Page 190 and 191: 1 K S B Pumps 343 385 2 Adamjee Pap
Page 192 and 193: Independently his group has four co
Page 194 and 195: Bibliography 1. 50 years presentati
Page 198: 29. Hotelier in Pakistan looks for
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