Who Owns Pakistan - Yimg

Crescent was a joint venture of four sons of Shams Din, namely Mohammad
Amin, Mohammad Bashir, Mohammad Shafi, Fazal Karim and their two cousins.
It is only group that has remained united through thick and thin during last 50
years.
The Colony group founded by Mohammad Ismaeel has been divided in three
groups headed by Farooq A Shaikh, Naseer A Shaikh and Mughis A Shaikh.
K M Bashir, born n 1910 at Bellary India, had founded the business of Hyesons,
after the name of his father Abdul Hayee Khan and was engaged in the import of
steel and manufacture of iron and steel pipes for gas and motor supplies, electric
lamps and several mining concessions. According to the list of defaulters
released by Benazir Bhutto government, Hyesons was fifth biggest defaulter
of RS one billion and has become almost extinct in Pakistan.
Valibhai of Bombay was the founder of the dynasty that came to be known as
Valika. He had four sons, Fakhruddin Valibhai, Najjamuddin Valibhai, Saifuddin
Valibhai and Nooruddin Valibhai. The group is operating two archaic textile mills
in Karachi and its main fmaily members are known to have moved abroad.
Habib group was founded by Seth Ismaeel Habib who had died in1931 and the
business passed to hands of his four sons, Mohammad Ali Habib, Ahmad Habib,
Dawood Habib and Ghulam Ali Habib who shifted to Karachi when Pakistan into
existence. After nationalization the members of Habib family also split and are
now operating in to two distinct groups headed by Rafiq Habib and children of
late Rashid D Habib but Habib Bank A G Zurich is a joint venture of all the
Habibians.
Nishat was a joint venture of Mian Mohammad Yahya and his three brothers but
after the divisions of assets in 1970 it is owned by Mian Mansha while the three
other brothers and their off-springs seem to have disappered in thin air.
The House of Ittefaq of Prime Minister Nawaz Sharif was a joint venture of
seven brothers. But 119 offspring of founding fathers and their spouses are
battling in a court in Lahore for division of the assets. The members of House of
Ittefaq are now operating in three distinct groups namely Ittefaq group, Sharif
group and Habib Waqas group of Industries.
The Fecto best illusterates how the psyche of big business, particularly of
Memons and Karachi-based business communities was affected by the
nationalization and seperation of East Pakistan.
The Fecto group was founded by Ghulam Mohammad M Adamjee of Jetpur,
Kathiawar, India, with the humble beginning as a foot wear merchant at Bombay.
In 1951 he established Mohammadi Oil Mills at Chittgong and Eastern Textile,
East Pakistan's first art silk mills. He alos signed an agreement with Japanese
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