Where would you turn if you were looking for ways to capture new users for your web browser? And not necessarily savvy tech-types like Download Squad readers. I'm talking about average users, who might not know what Google Chrome is - or even what a web browser is, for that matter.
Here's a wacky idea. What not ask the developers of one of the most popular pieces of free software in the entire world to offer your browser whenever someone installs the latest version? That's exactly what Google has done -- shaking hands with Alwil Software, the makers of Avast.
Download.com alone has logged some 65 million downloads of Avast over the years, and it's available from other places as well. The bottom line is that Google now gets the benefit of a prominently displayed billboard that will be seen by several hundred thousand people every week, many of whom will likely opt-in and download Chrome.
On top of that, the opt-in screen says "Avast recommends." It's another subtle but brilliant move. After all, who knows what browser is going to keep you safe and secure better than a company developing antimalware products (again, in the eyes of the average user)?
Here's another wacky idea for you, Google. Maybe it's time to bump Firefox from the Google Pack and start pushing Chrome instead? Just a thought.
Favit by Favstar.fm brings the funniest tweets to your iPhone
Don't know where to look for the funniest material on Twitter? Favstar.fm keeps tracks of the most-favorited tweets on the site, and delivers them all in one place. And now they've got an iPhone app that's even better! It's called Favit and its extremely simple UI delivers the laughs directly to your face, with no clutter involved. It even filters out boring tech tweets and celebrities, making sure you only get the funny stuff.
Favit will show you a popular tweet, and the only decision you need to make is whether to give it a star or not. The tweets are all anonymized, unlike on Favstar.fm, which adds the extra element of trying to guess who wrote the joke in question. If you're curious, you can peek, but you have to favorite (or not) first, which removes bias. Favit is a good way to find funny people to follow, and it's also like having a constantly-updated joke book in your pocket. LOL!
Favit will show you a popular tweet, and the only decision you need to make is whether to give it a star or not. The tweets are all anonymized, unlike on Favstar.fm, which adds the extra element of trying to guess who wrote the joke in question. If you're curious, you can peek, but you have to favorite (or not) first, which removes bias. Favit is a good way to find funny people to follow, and it's also like having a constantly-updated joke book in your pocket. LOL!
No ID no worry, get loans and get them written off also
By Rauf Klasra
ISLAMABAD: As if the generous writing off of loans worth Rs59.94billion during the General Pervez Musharraf reign wasn’t bad enough, now official documents show that hundreds of these borrowers were even given these loans with such casualness and deliberate neglect that not even the national identity cards of the borrowers were demanded by the banks, what to talk of other collateral and sureties.
The official record of these written off loans submitted to the National Assembly and available with The News revealed that in an unbelievable large number of cases the lending institutions, a bank and another (now defunct) financial entity, had issued huge loans to the individuals without even getting their National Identity Cards (NICs) as per prudential requirements.
The bank has not given any reason about how the loans were issued to these business parties and the individuals without getting their proper NICs as per requirements. One official has commented that this was not possible without the active collaboration of the bank officials as no bank could give loan to anyone without NICs.
The following cases reveal just another ugly aspect of this sordid plunder of national wealth where, barring a few genuine deserving cases, billions were siphoned away by hundreds of corrupt businessmen colluding with equally corrupt bankers. There were some genuine cases where loans were written off in accordance with the rules. In all cases listed below, none of the cited borrowers had been forced by the lending institutions to submit their ID cards, an otherwise basic requirement.
The ID cards of five directors of Ms Bawani Industries were missing. This loan was ultimately written off.
One foreign national Saral Dynamic Hardware Bobignv too managed to get a loan of Rs5.5million and later got his total outstanding Rs6.4million written off including the principal amount and Rs0.8million mark up. The loan was given in foreign currency to this foreign national.
The two banks wrote off billions of rupees during the Musharraf era and in one case, the defunct bank wrote off a loan of Rs137million outstanding against four individuals.
First Tawakal Modrab Karachi got Rs 628million written off while the borrowers—-Abdul Qadir Tawakal, Rafiq Tawakal,Ali Husasin Mooney and Abid Husain did not even bother submitting their NICs. Shahfa Corporation Lahore and its owners Saluddin Ahmed Sahaf, Wajiddin Mahmood Shaf also got Rs146million written off. Regnet Dyeing and Finishing Mills also got Rs 91million written including Rs50million principal loan. Fatima Foods Lahore also got Rs 80million written off with Rs 40million principal loan waived off. National Garments also got Rs 335million written off including Rs 140million principal amount. In Multan Mohib textile got Rs 1.17billion written off including principal amount of Rs546million. In Karachi Bawani Industries got Rs 70million written off including 11.3million principal amount. The names of the fathers of borrowers are not on official record of the bank who got this loan written off.
The papers show that even a London based n ex-employee of a bank, Abdul Haleem also got Rs 2.744million written off and now the bank says it did not have even the ID card of its own former employee available in record. His principal loan was Rs 2.7million which was written off.
Adamjee Industries also got Rs 48million written off including Rs168million principal amount. Farooq Sheikh, Mrs Shereen Farooq, Zafar Sheikh, Mumtaz Saleem, Tahir Sehikh got Rs 168million loan and got the whole principal wavied off. They also got the mark up of Rs225million written off too. Master Rubber Tyer owners Fayyaz Malik and Farooq Malik got 52m written off.
Even an industrial unit Ms Metropolitan National Textile Karachi owned by Sikandar Ali Jatoi, Mazhar Ali Jatoi, Jamal Hassan, SM Masood was given the loan without any NICs. A sum of Rs190million outstanding the Jaoti family was also written off.
The papers showed that even, the owners of Daweeo Corporation -Kim Woo Choong, Kim Joun Sung, Lee Woo Bok, Yoon Nuke Neon, Chug Myuong Kul did not submit their Ids at the time of obtaining Rs10.8million loan. Interestingly, the same amount was later written off by the bank. They got principal amount written off in addition to Rs2.3million mark up payable against this loan.
Even Ch Shujaat Hussain, Pervez Elahi and their family members who got Rs37.987 loan written off never produced their national identity cards.
Hearts International Rawalpindi got Rs0.9million written off while the bank did not have the IDs of Dr Major Gen retired Zulifkar Ali Khan, Dr Abdus Qudus Khan, Mohammad Rafi, Shamim Ashraf Khan, Naheed Mashud Kiani, Rahat Azfa. Johoson and Philips also got Rs 64 million loan written off and there is no record of NICs of the borrowers-Bilal Ahmed Qureshi, Raja Ahmed Khan, Habibulah Baig, Rasid Y Chinoy, Abdul Rehman Khan, Syed Abdul Noor. Johnson and Philips again got another loan of Rs26million written off and once again the same borrowers did not give their NICs. Ahmed Chemical limited owners Aftab Khan, Jehan Ara Khan, Mahjabeen Ahmed, Sabiuddin Ahmed, Iqbal Ahmed Khan, Iram Aftab, Aftab Ahmed Khan NICs are not available. They got Rs0.6million written off. Ksornos Corporation Lahore also got Rs 4.3million written off. Again NICs of Sh Abdul Hafeez, Sh Imran Hafeez, Sh Salman Hafeez, Sh Nauman Hafeez, Qari Khalid Mahmood, Shahbaz Murad and Zahida Hafeez are not available in the record. Zodesh Limited got Rs 40million written off. The borrowers Zoraia Lashari, Imrana Lashari, Ms Lubna Lashari and Hayat Khan did not give NICs.
GUJRAT: Mohammad Akram Rs 2.5m, Fazal Hussain Rs 0.6m, Malik Mohammad Akthar 0.5m, Yaqoob Brothers Rs 0.5m, Nisa Enterprise Rs 0.5m (Islamabad).
Mohammad Saleem Rs0.7m,
QUETTA: Abdul Qadir Rs 0.511m, Mohammad Alm Rs 0.4m, Haji Moula Dad Kalat Rs 0.5m, Mohammad Hassan Rs 0.5m, Mohammad Ramzan Rs 0.5m, Gul Mohammad Rs 0.5m,
KARACHI: Babar Rafiq Rs0/6, Mosar Ahmed Rs 0.5m, Qaisaurz Zaman Rs 0.6m, Sajid Husain Rs 0.570m, Nasir Rafique Rs 0.531m, Badar Ahmed Rs0.596m, Mazhar Fared Rs 0.683m, Khalid Mahmood Rs 0.653m, Saeed Ahmed 0.61m, Jawad Textile Industries 1m, Masnoor Yousuf Rs0.536m, Mohammad Ismail Rs0.595m, Amir Hashmi Rs0.5m, Sajid Ali Rs0.7m, Mushtaq Hussain Rs 0.579m, Tahir Ehtasham RS 0.6M, Mohammad Noman Bhatti Rs 0.54m, Saleemuddin Rs 0.522m, Anisuddin Rs 0.522m, Monbina Begum Rs0.639m, Miss Tabasum Shehnaz Rs 0.6m, Mohammad Yousuf Rs 0.665m, Mant Lal Mault Rs 0.674m, Athar Maqbool Rs 0.7m, Shahid Khan Rs 0.5m, Azaam Afridi Rs 0.633m, Syed Qasim Hussain Rs 0.539m, Abdul Qayyum Rs 0.681m, Mohammad Burhan Khan Rs0.825m, Syed Khurram Raza Naqvi Rs 0.543m, Hassan Shakeel Rs 0.825m, Ali Hassan Rs 0.534m, Mohammad Irfan Khan Rs 0.550m, Shafiq Ahmed RS 0.820M, Ali Hassan Hassan Rs 0.534m, Mohammad Irfan Khan Rs 0.550M, Khawaja Moin Hasan Rs 0.666m, Raza Hasan Rs0.528m, Syed Afaq Moid Rs 0.679m, Syed Mohammad Nasim Ali Rs0.680m, Syed Aslam Ali Rs0.67m, Asif Rehman Rs 0.665m, Asim Ilyas Rs 0.5m, Adnan Hassan Rs 0.820m, Syed Rasheed Ahmed Rs0.5m, Mobina Afzal Rs 0.7m, Kamran Rauf Rs 0.74m, Najma Akthar Rs0.825m, S Sharifuddin Rs 0.825m, Imtiaz Hussain Zaidi Rs 0.6m, Khalid Baig Rs 0.589m, Mohammad Awan RS 0.6M, Tariq Baloch Rs0.668m, Mohammad Mobin Sheikh Rs 0.614m, Ms Golden Paint industries Rs0.7m, Mohammad Arshad Shakeel Rs 1.441m, Altaf Hussain Shah Rs 0.5m, Mehmoodul Hassan Rs 0.548m, Mashuddin Rs0.9m, Atizaudin Rs 1.5m, Wajihuddin Rs1.5m, Ihtashamuddin Rs 0.557m, FS Aizauddin Rs 0.5m, FS Azauddin Rs 0.58m, Mrs Rubina Rs 0.655m, Abdul Azim RS 0.556M, Abdul Razakk Rs 0.5m, Akthar Hussain Rs 0.519m, Asif Soomro Rs 0.554m, Fayyaz Ahmed Rs 0.544m, M Saleem Rs 0.539m, Sadiq Bano Rs 0.54m, Moizudin Rs 0.562m, Abdul Haq Rs0.5m, Mrs Kasuar Perveen Rs0.514m, Mohammad Rafiq Rs 0.551m, Mohammad Saleem Rs 0.591, Rana Mohmmad Rs0.545m, Rukhsana Begum Rs0.504m, S. Rehan Shahid Rs0.560m. Hssan Khan Rs 0.503m, Kashan Ali Rs 0.624m, Saleem Medical Store Rs 1.5million, Ms Huma Electric Inds Nameem Ullsah Rs 1.4m, Ms Tariq Electric Inds Rs 3.2m, Ms New National Steel Inds Rs 2.5million, Ms Kashmir Industrial Corp Rs 1.1m,
Irfan Basharat Rs 2.1m, Jhangir Hadier Rs 6.5m, Mohammad Sadiq Rs 2.66m, Punjab Ceremaic owners Zahid Shkeel Rs 7.6million, Ms Gulberg Caters owned by Mohammad Aslam Rs0.9m.
ISLAMABAD: As if the generous writing off of loans worth Rs59.94billion during the General Pervez Musharraf reign wasn’t bad enough, now official documents show that hundreds of these borrowers were even given these loans with such casualness and deliberate neglect that not even the national identity cards of the borrowers were demanded by the banks, what to talk of other collateral and sureties.
The official record of these written off loans submitted to the National Assembly and available with The News revealed that in an unbelievable large number of cases the lending institutions, a bank and another (now defunct) financial entity, had issued huge loans to the individuals without even getting their National Identity Cards (NICs) as per prudential requirements.
The bank has not given any reason about how the loans were issued to these business parties and the individuals without getting their proper NICs as per requirements. One official has commented that this was not possible without the active collaboration of the bank officials as no bank could give loan to anyone without NICs.
The following cases reveal just another ugly aspect of this sordid plunder of national wealth where, barring a few genuine deserving cases, billions were siphoned away by hundreds of corrupt businessmen colluding with equally corrupt bankers. There were some genuine cases where loans were written off in accordance with the rules. In all cases listed below, none of the cited borrowers had been forced by the lending institutions to submit their ID cards, an otherwise basic requirement.
The ID cards of five directors of Ms Bawani Industries were missing. This loan was ultimately written off.
One foreign national Saral Dynamic Hardware Bobignv too managed to get a loan of Rs5.5million and later got his total outstanding Rs6.4million written off including the principal amount and Rs0.8million mark up. The loan was given in foreign currency to this foreign national.
The two banks wrote off billions of rupees during the Musharraf era and in one case, the defunct bank wrote off a loan of Rs137million outstanding against four individuals.
First Tawakal Modrab Karachi got Rs 628million written off while the borrowers—-Abdul Qadir Tawakal, Rafiq Tawakal,Ali Husasin Mooney and Abid Husain did not even bother submitting their NICs. Shahfa Corporation Lahore and its owners Saluddin Ahmed Sahaf, Wajiddin Mahmood Shaf also got Rs146million written off. Regnet Dyeing and Finishing Mills also got Rs 91million written including Rs50million principal loan. Fatima Foods Lahore also got Rs 80million written off with Rs 40million principal loan waived off. National Garments also got Rs 335million written off including Rs 140million principal amount. In Multan Mohib textile got Rs 1.17billion written off including principal amount of Rs546million. In Karachi Bawani Industries got Rs 70million written off including 11.3million principal amount. The names of the fathers of borrowers are not on official record of the bank who got this loan written off.
The papers show that even a London based n ex-employee of a bank, Abdul Haleem also got Rs 2.744million written off and now the bank says it did not have even the ID card of its own former employee available in record. His principal loan was Rs 2.7million which was written off.
Adamjee Industries also got Rs 48million written off including Rs168million principal amount. Farooq Sheikh, Mrs Shereen Farooq, Zafar Sheikh, Mumtaz Saleem, Tahir Sehikh got Rs 168million loan and got the whole principal wavied off. They also got the mark up of Rs225million written off too. Master Rubber Tyer owners Fayyaz Malik and Farooq Malik got 52m written off.
Even an industrial unit Ms Metropolitan National Textile Karachi owned by Sikandar Ali Jatoi, Mazhar Ali Jatoi, Jamal Hassan, SM Masood was given the loan without any NICs. A sum of Rs190million outstanding the Jaoti family was also written off.
The papers showed that even, the owners of Daweeo Corporation -Kim Woo Choong, Kim Joun Sung, Lee Woo Bok, Yoon Nuke Neon, Chug Myuong Kul did not submit their Ids at the time of obtaining Rs10.8million loan. Interestingly, the same amount was later written off by the bank. They got principal amount written off in addition to Rs2.3million mark up payable against this loan.
Even Ch Shujaat Hussain, Pervez Elahi and their family members who got Rs37.987 loan written off never produced their national identity cards.
Hearts International Rawalpindi got Rs0.9million written off while the bank did not have the IDs of Dr Major Gen retired Zulifkar Ali Khan, Dr Abdus Qudus Khan, Mohammad Rafi, Shamim Ashraf Khan, Naheed Mashud Kiani, Rahat Azfa. Johoson and Philips also got Rs 64 million loan written off and there is no record of NICs of the borrowers-Bilal Ahmed Qureshi, Raja Ahmed Khan, Habibulah Baig, Rasid Y Chinoy, Abdul Rehman Khan, Syed Abdul Noor. Johnson and Philips again got another loan of Rs26million written off and once again the same borrowers did not give their NICs. Ahmed Chemical limited owners Aftab Khan, Jehan Ara Khan, Mahjabeen Ahmed, Sabiuddin Ahmed, Iqbal Ahmed Khan, Iram Aftab, Aftab Ahmed Khan NICs are not available. They got Rs0.6million written off. Ksornos Corporation Lahore also got Rs 4.3million written off. Again NICs of Sh Abdul Hafeez, Sh Imran Hafeez, Sh Salman Hafeez, Sh Nauman Hafeez, Qari Khalid Mahmood, Shahbaz Murad and Zahida Hafeez are not available in the record. Zodesh Limited got Rs 40million written off. The borrowers Zoraia Lashari, Imrana Lashari, Ms Lubna Lashari and Hayat Khan did not give NICs.
GUJRAT: Mohammad Akram Rs 2.5m, Fazal Hussain Rs 0.6m, Malik Mohammad Akthar 0.5m, Yaqoob Brothers Rs 0.5m, Nisa Enterprise Rs 0.5m (Islamabad).
Mohammad Saleem Rs0.7m,
QUETTA: Abdul Qadir Rs 0.511m, Mohammad Alm Rs 0.4m, Haji Moula Dad Kalat Rs 0.5m, Mohammad Hassan Rs 0.5m, Mohammad Ramzan Rs 0.5m, Gul Mohammad Rs 0.5m,
KARACHI: Babar Rafiq Rs0/6, Mosar Ahmed Rs 0.5m, Qaisaurz Zaman Rs 0.6m, Sajid Husain Rs 0.570m, Nasir Rafique Rs 0.531m, Badar Ahmed Rs0.596m, Mazhar Fared Rs 0.683m, Khalid Mahmood Rs 0.653m, Saeed Ahmed 0.61m, Jawad Textile Industries 1m, Masnoor Yousuf Rs0.536m, Mohammad Ismail Rs0.595m, Amir Hashmi Rs0.5m, Sajid Ali Rs0.7m, Mushtaq Hussain Rs 0.579m, Tahir Ehtasham RS 0.6M, Mohammad Noman Bhatti Rs 0.54m, Saleemuddin Rs 0.522m, Anisuddin Rs 0.522m, Monbina Begum Rs0.639m, Miss Tabasum Shehnaz Rs 0.6m, Mohammad Yousuf Rs 0.665m, Mant Lal Mault Rs 0.674m, Athar Maqbool Rs 0.7m, Shahid Khan Rs 0.5m, Azaam Afridi Rs 0.633m, Syed Qasim Hussain Rs 0.539m, Abdul Qayyum Rs 0.681m, Mohammad Burhan Khan Rs0.825m, Syed Khurram Raza Naqvi Rs 0.543m, Hassan Shakeel Rs 0.825m, Ali Hassan Rs 0.534m, Mohammad Irfan Khan Rs 0.550m, Shafiq Ahmed RS 0.820M, Ali Hassan Hassan Rs 0.534m, Mohammad Irfan Khan Rs 0.550M, Khawaja Moin Hasan Rs 0.666m, Raza Hasan Rs0.528m, Syed Afaq Moid Rs 0.679m, Syed Mohammad Nasim Ali Rs0.680m, Syed Aslam Ali Rs0.67m, Asif Rehman Rs 0.665m, Asim Ilyas Rs 0.5m, Adnan Hassan Rs 0.820m, Syed Rasheed Ahmed Rs0.5m, Mobina Afzal Rs 0.7m, Kamran Rauf Rs 0.74m, Najma Akthar Rs0.825m, S Sharifuddin Rs 0.825m, Imtiaz Hussain Zaidi Rs 0.6m, Khalid Baig Rs 0.589m, Mohammad Awan RS 0.6M, Tariq Baloch Rs0.668m, Mohammad Mobin Sheikh Rs 0.614m, Ms Golden Paint industries Rs0.7m, Mohammad Arshad Shakeel Rs 1.441m, Altaf Hussain Shah Rs 0.5m, Mehmoodul Hassan Rs 0.548m, Mashuddin Rs0.9m, Atizaudin Rs 1.5m, Wajihuddin Rs1.5m, Ihtashamuddin Rs 0.557m, FS Aizauddin Rs 0.5m, FS Azauddin Rs 0.58m, Mrs Rubina Rs 0.655m, Abdul Azim RS 0.556M, Abdul Razakk Rs 0.5m, Akthar Hussain Rs 0.519m, Asif Soomro Rs 0.554m, Fayyaz Ahmed Rs 0.544m, M Saleem Rs 0.539m, Sadiq Bano Rs 0.54m, Moizudin Rs 0.562m, Abdul Haq Rs0.5m, Mrs Kasuar Perveen Rs0.514m, Mohammad Rafiq Rs 0.551m, Mohammad Saleem Rs 0.591, Rana Mohmmad Rs0.545m, Rukhsana Begum Rs0.504m, S. Rehan Shahid Rs0.560m. Hssan Khan Rs 0.503m, Kashan Ali Rs 0.624m, Saleem Medical Store Rs 1.5million, Ms Huma Electric Inds Nameem Ullsah Rs 1.4m, Ms Tariq Electric Inds Rs 3.2m, Ms New National Steel Inds Rs 2.5million, Ms Kashmir Industrial Corp Rs 1.1m,
Irfan Basharat Rs 2.1m, Jhangir Hadier Rs 6.5m, Mohammad Sadiq Rs 2.66m, Punjab Ceremaic owners Zahid Shkeel Rs 7.6million, Ms Gulberg Caters owned by Mohammad Aslam Rs0.9m.
Pakistan vs Afganistan - With the Eye of United States
Read Articles about Pakistan vs Afganistan - With the Eye of United States only on PKInside
US says al-Qaeda part of Quetta Shura
By Rahimullah Yusufzai
PESHAWAR: A US diplomat said here on Friday that some al-Qaeda figures were hiding in Balochistan as the so-called Quetta shura of Afghan Taliban also included members of the Osama bin Laden-led terrorist organisation.
E Candace Putnam, the US Consul General in Peshawar, said American intelligence reports indicated al-Qaeda’s close links not only with the Afghan Taliban but increasingly also with the Pakistani Taliban. She felt all this was in the knowledge of the Pakistani authorities but they may not want to say it openly. “We have to assume that your government and security forces know this,” she told a select group of journalists at the heavily-guarded US consulate.
Putnam said al-Qaeda was working and integrating its activities with the Afghan Taliban, TTP, LeT, Jaish and other groups in the region.
PESHAWAR: A US diplomat said here on Friday that some al-Qaeda figures were hiding in Balochistan as the so-called Quetta shura of Afghan Taliban also included members of the Osama bin Laden-led terrorist organisation.
E Candace Putnam, the US Consul General in Peshawar, said American intelligence reports indicated al-Qaeda’s close links not only with the Afghan Taliban but increasingly also with the Pakistani Taliban. She felt all this was in the knowledge of the Pakistani authorities but they may not want to say it openly. “We have to assume that your government and security forces know this,” she told a select group of journalists at the heavily-guarded US consulate.
Putnam said al-Qaeda was working and integrating its activities with the Afghan Taliban, TTP, LeT, Jaish and other groups in the region.
Will the govt make up its mind on NRO?
I will defend NRO in court, says Khawar
By Tariq Butt
ISLAMABAD: “I and my team will represent the federal government and defend the NRO in the apex court,” Shah Khawar told The News. When asked he said that he has no idea about hiring of some prominent private lawyers by the government in this case. “It is my and my team’s duty to speak for the government in courts.”
The attorney general said that he has so far received no instructions from President Asif Ali Zardari about the case. He would be meeting Prime Minister Syed Yusuf Raza Gilani on his return from Britain to know how to go about in the anti-NRO petitions in the Supreme Court.
On the other hand, when contacted, Minister of State for Law Afzal Sindhu said that the government would engage some legal minds, including retired judges, but added that a decision was yet to be taken about the names to be chosen for the purpose.
According to sources, the government plans to marshal a strong line-up of private leading lawyers to defend the National Reconciliation Ordinance (NRO) in the Supreme Court, which opens hearing on the petitions against the now lapsed law on Dec 7. This array will be apart from acting Attorney General Shah Khawar and a number of his deputies, who have already started preparations for the court fight. Other sources said that the government was not in a hurry to avail the services of private lawyers because it believed that no full-fledged hearing on the petitions against the NRO was expected to open on the very first day, Dec 7.
By Tariq Butt
ISLAMABAD: “I and my team will represent the federal government and defend the NRO in the apex court,” Shah Khawar told The News. When asked he said that he has no idea about hiring of some prominent private lawyers by the government in this case. “It is my and my team’s duty to speak for the government in courts.”
The attorney general said that he has so far received no instructions from President Asif Ali Zardari about the case. He would be meeting Prime Minister Syed Yusuf Raza Gilani on his return from Britain to know how to go about in the anti-NRO petitions in the Supreme Court.
On the other hand, when contacted, Minister of State for Law Afzal Sindhu said that the government would engage some legal minds, including retired judges, but added that a decision was yet to be taken about the names to be chosen for the purpose.
According to sources, the government plans to marshal a strong line-up of private leading lawyers to defend the National Reconciliation Ordinance (NRO) in the Supreme Court, which opens hearing on the petitions against the now lapsed law on Dec 7. This array will be apart from acting Attorney General Shah Khawar and a number of his deputies, who have already started preparations for the court fight. Other sources said that the government was not in a hurry to avail the services of private lawyers because it believed that no full-fledged hearing on the petitions against the NRO was expected to open on the very first day, Dec 7.
Guess who walked away with nation’s 100 bn rupees?
Chaudhrys, Saifullahs, Jatois, Legharis, Tawakals, Saigols,Jams, generals; some cases were genuine
By Rauf Klasra
ISLAMABAD: In a country where over 40 per cent of the population is said to be languishing under the poverty line with families surviving on less than $2 a day, the shameful revelation of the filthy rich getting loans worth over Rs100 billion written-off owing to their formidable clout is shocking the nation. And this shameful list carries some of the biggest names of our power elite.
The names of Ch Shujaat and Ch Pervez Elahi were found among about 1,000 influential businessmen and Army men who got a total of Rs18 billion loans written-off from the government-owned banks during the first three years of the military government. The list was submitted in the NA when Zafarullah Jamali was the prime minister and Shaukat Aziz was the finance minister.
The first loan of Rs70 million was outstanding against the Punjab Sugar Mills and was written off by the National Bank of Pakistan along with the actual loan amount. The mill was owned by Chaudhry Shujaat Husssain, Chaudhry Mansoor Elahi, Chaudhry Pervez Elahi, Chaudhry Gulzar Mohammad, Chaudhry Wajahat Hussain, Chaudhry Sabhat Elahi, Mrs Qisara Elahi (wife of Chaudhry Pervez Elahi), Mrs Kasur Hussain (wife of Chaudhry Shujaat Hussain), Mrs Khalida Begum (wife of Gulzar Muhammad).
The second loan of Rs15 million was written off by the UBL outstanding against Punjab Sugar Mills. The beneficiaries were once again Ch Manzoor Elahi, Ch Shujaat Hussain, Pervez Elahi, Wajahat Hussain, Shafaat Hussain, Gulzar Ahmed and Mrs Qaisra Elahi, Khalida Begum, and Kauser Hussain. The UBL once again wrote off another loan of Rs34.1 million outstanding against the Spaco Private Limited. The beneficiaries were the same — Ch Pervez Elahi, Shujaat Hussain, Manzoor Elahi, Wajahat Hussain, Sabahat Elahi, Mrs Kauser Hussain, Qaisra Elahi.
It may be added that these loans were written off after declaring their industrial establishments as “sick industry or on the pretext of bankruptcy.” Many of them denied having got their loans written-off.
The political sources claimed that Shahbaz Sharif and Nawaz Sharif knew this troubling fact about the Chaudhrys of Gujrat. Even Imran Khan had been showing the official documents of another bank, which had also written off loans to get the Chaudhrys disqualified from contesting the elections. But his desperate pleas were never entertained by the Election Commission of Pakistan courtesy the might and clout these cousins enjoyed during the early years of General Pervez Musharraf in power. The sources said, on the basis of their own knowledge about the Chaudhrys loan write off, the Sharif brothers were agitating the issue of loan write-off in the media with the public demand to put all the loan beneficiaries on trial after recovering the written-off amounts.
The mighty Chaudhrys of Gujrat — Ch Shujaat Hussain, Ch Pervez Elahi and their family members — reportedly got three different bank loans of Rs120 million written off from the National Bank and United Bank of Pakistan during their heady days of power. This has been revealed in the official record of the National Assembly library, which has now formally confirmed that several top politicians and their family members had quietly got several bank loans written off, which had been outstanding against their sugar and textile mills and other industrial units.
These bank loans were mainly written off by the state-run National Bank of Pakistan and United Bank Limited in the past. The official record available with The News, which was placed in the NA in the last one decade, revealed that a total of Rs30 billion loans were written off between 1985-2002, which had been outstanding against the top politicians and powerful industrial groups of the country. The list was compiled by the then caretaker government of 1993 led by Moin Qureshi.
In 2007, Auditor General of Pakistan revealed in its report that during the period 2002-2007, a sum of Rs54 billion was written off by Musharraf government. Thus, total figure had reached to Rs85 billions. But, now the recent official report to the NA during the question hour revealed that the total figure of written-off loans had finally crossed over Rs100 billion, after adding the loan amounts written off during two years of PPP government since 2008.
The official list of loan write-off beneficiaries of different periods since 1985 to 2002 revealed that former speaker Gohar Ayub Khan’s family and former Chief Minister Balochistan Jaam Yousuf, are also among other prominent politicians, who got the loans written off from the banks.
The three mighty business families of Pakistan are also among the beneficiaries of these loan write offs in the past. The former housing minister of General Pervez Musharraf -Abbas Sarfraz is also among the beneficiaries who got a massive loan against his sugar mill written off. Lt General Habibullah and Brig M Jan are among the list.
The Saifullah family of Lucky Marwat got four loans written off from different banks. The names of Anwar Saifullha Khan, Javed Saifullah, Hamayun Saifullah, Arbab Saddaullha Khan, Shah Jehan Khan, Nisar Khan are part of the list submitted in the NA in 1994 in response to a question by MNA Barjees Tahir. First, the Saifullah brothers got loans written off against their mill— Ms Kohat Textile Mills from the National Bank. The matriarch of the Saifullah family, Mrs Kalsoom Saifullah also got a loan of Rs12 million written off from NBP against Ms Frontier Towel Works, Kohat. Industrial bank also wrote off loan of Rs26 million of Javed Saifullah, Salim Saifullah, Hamayun Saifullah and others against Kohat Textile Mills. The MCB also wrote off loan against the Kohat Textile Mill. Jatoi family of Sindh also got a loan of Rs6.7 million written off from UBL. The beneficiary was Dr Ghafar Jatoi and his brothers. Leghari family also got Rs67 million loans written off from UBL. The beneficiaries included Jafar Khan Leghari, Jamil Ahmed Khan Leghari, Yousuf Khan Leghari, Tariq Khan Leghari, Atta Mohammad Leghari, etc.
Saigal group got the loan written off against Omaryar Limited, Lahore. The group got another loan of Rs4 million written off from the UBL.
A loan of Rs10.3 million was written off by Investment Corporation of Pakistan. Iqbal Z Ahmed, Mrs Saira Ahmed also got a loan of Rs5.5 million written off from United Bank of Pakistan. Another small loan of Rs1.4 million got written off from UBL against Hassan Ali and company. A loan of Rs18 million was also written off against Hashoo Holdings.
Meanwhile, investigations conducted by this correspondent after going through the official record of the National Assembly Secretariat, where all these loan documents were placed from time to time since 1994, even Daewoo Corporation of Pakistan was one of the beneficiaries of such big loans written-off by the government banks. National Bank of Pakistan had written off a loan of Rs10 million against Daewoo. The loan was outstanding against Kim Waoo Choong, Kim Joun Sung, Lee Woo Bok, Yoon Nuke NEON, Chui Myoung Kul.
The list showed that Karachi-based businessmen have been treated with exceptional kindness by the National Bank of Pakistan. According to the list of such people whose loans and principal amounts were written-off during the last three years, National Bank of Pakistan wrote off billion of rupees from taxpayers’ accounts. Most of the written-off loans went to the textile and industrial giants of the country owned by mighty businessmen, politically influential, former bureaucrats and military officers.
The big industrialists like Adamjee Industries owned by Farooq Sheikh, Mrs Shireen Farooq, Mumtaz Sheikh, Tahir Sheikh got Rs448 million written-off from the NBP. Mohib Textile owned by Asif Saigol also got Rs1.1 billion written-off in 2002.
The other big names included in the list are First Tawakkal Modaraba owned by Abdul Qadir Tawakkal, Mohammad Rafiq Tawakkal, Alif Husain Mooney, Abid Hussain Rs621 million written-off, National Frutctose Limited owned by Shairullah Durrani got Rs681 million written-off, Glamour Textile Mills owned by Iftikhar Ahmed Malik got Rs533 million written-off and others. Two foreign nationals also got the loans written-off.
Pakland Cement got Rs10 million written off, Cast N Link owned by Anwar Ahmed got Rs159 million written-off. Taha Spinning limited got Rs64 million written off.
Following is the list of mighty individuals and business tycoons whose loans were written-off in majority of cases along with principal amount from National Bank of Pakistan (NBP).
KARACHI: Zahid Fazal (Farah Enterprises) Rs09 m; White Bird Chick Limited Rs8.2 m, Advance Computer Technology Rs1.1 m, Hamid D Habib of Balochistan Glass Rs6 m, Latif Paul of TS Latisons Rs0.5 m, Anisure Rehman of Zeb Enterprises Rs1.9 m, Chaudhry Mohammad Younis of Ice Land Cold storage Rs16 m, Mohammad Saleheen of Naveed Farbics Rs0.7 m, Younis Rs0.5 m, Mohammad Sultan Rs0.5 m, Azhar Jamil of Sindh Industries Enterprises Rs0.2 m, Mushtaq Ahmed Rs0.5 m, Asghar Ali Rs05 m, Fida Mohamamd Rs0.5 m, Mohammad Ismail Rs0.5 m, Abdul Sattar Rs0.5 m, Lal Mohamamd Rs0.5 m, Mohammad Akbar Baloch Rs0.5 m, Ghulam Farooq Rs0.5 m, Amir Baksh Rs0.5 m, Mohammad Naseem Rs0.5 m, M Shoaib Rs0.5 m, Liaqat Ali Khan Rs0.514 m, Khaliq Farooqi Rs0.5 m, Irfan Rs0.572 m, Irfan Rs0.572 m, Sikandar Rs0.5 m, Asrar Hussain Sarbazi Rs0.56 m, Abdul Hameed Rs0.576 m, Mohammad Yaqoob Rs0.576 m, Shafqat Rehman Rs0.575 m, Shahbaz Aqeel Rs0.575 m, Abida Sultana Rs0.509 m, Mohammad Hanif Rs0.5 m, Tarranum Baig Rs0.5 m, Hidyatullah Farid Rs1.3 m, Pak Hardware and Paint Rs0.9 m, Mohammad Ali Rs0.5 m, Sh Mohammad Zahid Rs0.5 m, Mohammad Ayub Rs0.5 m, Nadeem Ahmed Rs0.5 m, Mushtaq Ahmed Rs0.517 m, Mushtaq Ishaq Rs0.5 m, Mir Mohammad Baloch Rs0.5 m, Mohammad Altaf Hussain Rs0.5 m, Abdul Khalil Rs0.5 m, Abdul Rahim Khatri Rs0.517 m, Imam Buksh Rs0.535m, Abdul Hameed Rs0.576 m, Wideyat Ali Rs0.5 m, Rizwan Hasan Rs0.5 m, Mohammad Sarwar Rs0.5 m, Maqbool Hussain Rs0.5 m, Ali Asghar Rs0.512 m, Shahnawz Rs0.524 m, Jawed Floor Mills of Rana Mohammad Siddiqui Rs20 m, Muhammad of Madina Food Industries Rs1.45 m, Syed Qmar Hai of Indus Poultry Farm Rs0.55 m, Mian Maqbool Ahmed of Alam Shuttle Industries Rs2.432 m, M Yousaf Khan of Progressive Industries Enterprises Rs0.7 m, Abdul Rashid of Aziz Company Rs0.5 m, Nasir Hussain Shah of Shah Cotton Factory Rs5.4 m, Hazoor Khan Chanido of Chandi Floor Mills Dadu Rs0.7 m, Pir Sarfrarz Ahmed of Nawab Shah Rs0.8 m, Munawar Hussain Rs0.722 m, Manzoor Hussain of Al Imran Hotel Ranipur Rs0.6 m, Arjandas of Arjandas Rice Rs1.05 m, Atta Mohamamd Marri of Mari Fish Farm Rs0.7 m, Atta Mohammad Mari Rs1.4m, S Zaheer Hussain Shah Rs0.9 m, Mst Ashraf Begum Rs0.5 m, Mohammad Idris Rs0.6 m, Sardar Taj Mohammad Rs0.8 m,Sh Saleem Ali of Capital Flour Mills, Murdikey Rs3 m, Mohamamd Afazal of Arshaq and Co, Lahore Rs0.9 m, Sanullah from Gujranwala Rs0.6 m, Hassan Ali Khan of Lahore Rs0.5 m, Sh Abdul Rehman Rs1.33 m, Lali Akbar of Abbas Trader, Kasur Rs0.8 m, Tariq Mir of Mir Iron Store, Lahore Rs0.5 m, Mustafa Ali Mir, Lahore Rs0.6 m, M Latif of Arshad Latif Indus Rs6.3 m, Mohammad Riaz of Riaz Furniture House Rs0.8 m, Mohammad Amin Khan of Makran Int Rs1.7 m, Haji Mohammad Ishaq of Tariq Industries Rs0.9 m, Mian Mohammad Sarwar of Al Ahmed Knitting Rs1.3 m, Mohammad Ahmed of M A S Stell Mills, Lahore Rs0.9 m, Mian Hamid Sarwar of Shishmahal Hosiery Rs0.9 m, Sh Mohammad Ashraf of Ashraf Ice Factory Rs0.9 m, Gulshan Begum W/o Zubaidullah Khan of Lahore Rs0.5m, Iftikhar Ali of Lahore Rs0.5 m, Khalid Bashir Khokar of Lahore Rs0.5 m, Arshad Javed Ghurki, Lahore Rs0.5 m, Arshad Javed Khurki, Javed Ghurki, Mhammad Khalid, Jamshed Asghar Ghurki, Sohail Asghar Ghurki, Mrs Rubina of Unique Trading, Lahore Rs0.891 m, Mohammad Iqbal of United Factory Rs0.5 m, Syed Izhar Hussain of Bhatti Brothers Sheikhupura Rs0.9 m, Abdul Rauf Qureshi of Rauf Corporation Lahore Rs0.6 m, Dr Abdul Rauf of Leatheron Lahore Rs0.7 m, Sabir Javed Lhr, Rs 1.2m, Azfar Manzoor Lahore Rs1m, Mrs Qaiser Manzoor Lahore Rs 1.2m, Mohammad Iqbal Javed of Mughal Technical Indus Lahore Rs 0.4m, Mohammad Ishaq Khan of Zahid Industries Lahore Rs 1.5m, Khalid Hatyat of Millat Corporation Rs 0.4m, Mohammad Azhar Leghiar, Dewan Aashiq Hussain, Umer Hayat Bosan, Shauakt Hayat Bosan, Niaz Ahmed, Muzaffar Hussain Bokhari, Mushtaq Shah and Nazar Abbas of Hayat Textile Mills Lahore Rs 110 million, Ghulam Mustafa Khan of Nashika Impex Lahore Rs 4.3m, Mian Tajamal Hussain, Mian Nusratuddin, Mrs Azra Tajamal, Mrs Laila Nusrat, Mrs Saeeda begum of Chenab textile Mills Lahore Rs 25m, Mian Abdur Rehman of Abdulur Rehman and Com Bhwalpur Rs 1.6m, Mian Ghulam Owais Owasi of Owais Industries Bhwalpur Rs 0.9m, Shad Ahmed of Shahzad Cotton Rahim Yar khan Rs 0.9m, Ch. Mohiuddin of Five Star Industries Okara Rs 0.7m, Mohammad Ehsan of Ehsan Soap factory Lahore Rs 09m, Sh. Abdul Jabbar of Feroze Oil and General Mills Okara Rs 0.6m, Sh. Mohammad Latif of Baba Farid Roller flour mill, Pakpattan Rs 0.6m, Shafiqe Ahmed of Mehran Cotton Multan Rs 1.m, Asad Zuabir of Jhangir Industries Multan Rs 0.5m, Riaz Ahmed of Riaz Textile Mills Multan Rs 0.6m, Ch Niaz Muhmmad Multan Rs 0.5m, Zulifkar Ali Industries Multan Rs 0.8m, Hamid Azmat Sheikh of Azmat Towellers Industries Multan Rs 2.4m, Mohammad Hussain of Rafay Textile Industries Burewala Rs 1.4m, Mohammad Ashgar of Asif Oil Mills Kehror Pacca Rs 0.6m, Mohammad Iqbal of Mashal Cotton Kehror Pacca Rs 0.6m, Mohammad Iqbal of Asif Irfan Cold storage Mianchannu Rs 1.4m, Mohammad Nazir of Mudhwal Enginnering Khushab Rs 4.7m, Farooq Saigal, Usman Siagal, Umer Saigal, Saleem Saigal of Kohirnoo textile Mills Liaquatbabad Rs 29m, Abdul Rehman of Gatth Foundary Workshop Faisalabad Rs 7.3billion, Ashraf Textile Rs0.7m, Mohammad Ashraf Rs 1.2m, Universal enterprises Faisalabad Rs 1.m, Javed Autos Sargodha Rs 1.0, Khursheed Ahmed Shad Faisalabad Rs0.66, Imran Saleem Ch. Gujrat Rs 0.737m, Jhangir Saleemullah Gujrat Rs 0.9m, Adnan Aziz Trader Gujrat Rs1.2m, Inayat Industries Gujrat Rs 1.2m, M. Rashid General Metal Works Gujrat Rs 0.8m, Safdar and Com Gujrat Rs 2.2m, Younis-National Weaving Fact, Gujrat Rs 1.2m, S. Mohammad Oil Mills Attock Rs 1.286m, Imran Shah and Bros Rwalpindi Rs 1.03m, Hazara Wodden Mills Rawalpindi Rs 1.133m, Lt. Col Rabnawaz of Nawaish Gypsum Jhelum Rs 0.6m, Food Department of NWFP Rs 3.434m, Begum Noor Jehan Mardan Peshawar Rs 6.8m, K. Mahmoodullah of MS LTCF, Islamabad Rs3m, Seth Dawood Group of MS Pakistan Paper corporation Charsada Rs 19 million, Seth Sahbir Hussain of MS Castle Industries Haripur Rs 12 million, Fateh Weeolen Industries Rs5million, Juma Khan Quetta Rs 4.6 m, Abdul Qayum Quetta Rs 0.5m, Ghazi Khan Quetta Rs 0.7m, Syed Abdul Rashid Quetta Rs 0.9m, Zahoor Ahmed Quetta Rs 0.7m, Zahoor Ahmed son of Haji Abdullah Samad Quetta Rs 0.74m, Ahmed Khan Quetta Rs 0.814m, Jhangir Khan Quetta Rs 06m, Mirza Mohammad Quetta Rs 0.5m, Mir Khuda Bux Muri, Mir Nawaz Marri, Mrs Elsa Mariie Benazir , Ms Kamal Faria Marri and Miss Anita Marri Rs 1.7m, Malick Abdullah Jan Quetta Rs 0.7m, Ashraf shoe company Mirpur, Kashmir, Rs 6.4m, Abdulleh Saleh Rs 123m Saudia Arabia, Amjad Malick Karachi Rs 2.2m, Abdul Wahab Karachi Rs 2.4m, Ghazala Haq and Amjad Malick Karachi Rs 6m, Mir Mehraullah Mengal Karachi Rs1.2 m.
Mohammad Sadiq of Chand Mills Karachi Rs 0.5m, MB Dhody Karachi Rs 3m, Sardar Mohammad of General Tractor Machinery Karachi Rs 3m, Noor Ali Group, Karachi got about Rs 3m written-off, Mohammad Hussain of Process Pakistan Rs 1.19m, Mohammad Sarfraz Paracha of East Asia Trading Karachi Rs 0.7m, Ghulam Ali Talpur Karachi Rs 0.6m, Lt-Col M . Jaffar Karachi Rs 2.7m, Noor Ali Hirani Karachi Rs 1.2m, Sun Publication Rs 1.3m, Tariq Jaffar Campher Pak Karachi Rs 10m, Mohammad Pervez, Col Akhlaq Ali Khan, Talibul Rasool, Abdul Jalil, Mohammad Yousaf Mirza of Allied Textile Mills Larkana Rs 296m, R Hasan Ali, Hyderabad Rs 0.9m, Mehboob Elahi of Sindh Tanneris Hyderabad Rs 4.89m, Haji and company Lahore Rs 0.9m, Syed Amjad Ali Gujranwala Rs 2.178m, Ch. Mohammad Anwar of Elegzender and co Rs 1.7m, Mohammad Younis of Younis Company Lahore Rs 8.4m, Sh Javed Iqbal and Brother LahoreRs 2.4m, Denn Autos Lahore Rs 1.8m, Begum Sherin Wahab, Abdul Qayum, Mumtaz Ahmed Abdul Jabbar, Mrs Sahiba Qayum of Sarhad Cresent Indsutries Rs 9.5m, Javed Zia, Mrs Kasur Javed, Salman Zai, Umer Javed, Miss Amber Javed nad Zafar Inami and Ghulam Rasool of Okara Textile Mills Rs 126million. And Fazal Elahi Malik, Teshin of Ally Hoisery Mills Lahore got Rs 0.7 million written-off.
In year 2000, the NBP wrote off many loans. In Peshawar Rs1 m of Mrs Aurangzeb of Ms Rahman Ice Factory was written-off.
FAISALABAD: Maryam Fatama weaving factory, Rs 4.5m, Ashfaq Hussain of Al Najaf Traders Faisalabad Rs 2.5m, Ch. Mohamamd Tufail of Rehan Cotton Primahal Rs 1.4m, Ms Sajja International F/abad Rs 0.5m.
MULTAN: Mohammad Hanif Rahm Yar Khan Rs1.0m, Mhamamd Aslam RYK Rs 0.9m, AJ Textile Industry RYK Rs6.9m, Madni electric traders Ahmedpureast Rs 0.666m, Ghulam Jaffar Jalwana Bhwalpur Rs 0.6m, Irfan Salman paper mills Sadiaqabad Rs 7.3m, Mian Tariq Gurmani and Suryia Iqbal Gurmani Thatta Gurmani Industries Kot Addu Rs1.5m, Al. Farooq Electronics Rs0.5m, Al Hasnaian Enterprises Rs 0.646m, Rizwan Textile Mills Rs0.6m, Mehboob Ahmed Rs 0.7m, Mohamamd Khalid Rs0.6m, Abul Sattar Rs 0.5m, Shahid Pervez Rs 0.7m, Al Azhar Textile Mills ( Mirza Azhar Beg nad Mrs Rafiqan Begum) Rs 6.4m, Barington Pharama of Pervez Iqbal Rs 1.9m, Jhandir Textile of Mohammad Akram Rs 0.5m, Mohammad Naeem of Four NS Fabrics Rs 1.3m, Mudasar Haider Chemica Rs1.5m, Sultan Wool Industries, Sahiwal Rs1.11m, Baby soap factory Kasoor Rs 2.7m, Mian AND Company Malsi Rs 0.7m Dhah Brothers weaving Vehari of Munir Khan, Sadia Shabnam, Raheem Baksh Rs 3.2m and Javed Cotton Industries Lodhran of Malik Usman, Malick Meraj Khalid and Mohammad Ajmal Rs 1.5m, and Mashallah Cotton factory Mailisi Rs 0.9m.
HYDERABAD: Sardian Paints Rs 2m, Al Amna Entp Rs 1m, MS Prince Rice Rs 1.3m, Niazi Ice Rs 1.44m, Associates Rs 0.766m, Jan Mohammad Rs 0.6m, Abdul Jabbar Rs 0.7m, Ali Gul Brohi Rs 1.1m, Abdul Majeed Rs 0.9m, MaliK Rice Mills Rs 2.7m, Intasia Entp Rs 43m, Expotex Limited Rs 49m, Excelisor industries Rs 5.1m, All Leather Limited Rs 1m, Mumtaz Mohammad Khan Zai Rs 0.772m, Sameer Garments Rs 0.8m, Rafiq Saigal, Afsar Khan, got two loans of Allied Paper Industries Karachi to the tune of Rs 35m written-off. Abdul Rashid Rs 0.5, Khan Ice Factory Rs 1m, Ashraf Traders Rs 0.7m, Anglo Universal Karachi Rs 0.7m, Gulf Food Industries Rs 0.8m, Makhdoom Traders Rs 0.5m, MA Footwear Rs 1.1m, Commodity Impex Rs 3m, Fetisal Grain Rs 1.2m, Aftab Garments Rs 0.6m, Citizen Process Rs 0.5m, Farm Products Rs 0.7m, Javed Iqbal Rs 0.6m, Masood Ahmed Qureshi Rs 1.14m, Moash Traders Rs 4m, Sabeena Enterprises Rs 8.9m.
LAHORE: Ms Jarral International Rs 1.8m, Ms Ghulam Hussain Rs 0.9m, Ehssan Machinery story Rs 0.5m, Tariq Mansoor Rs 0.8m, Zab Poly Proplyeine Products Rs 3.4m, Syed Waseem Ahmed Rs 0.55m, and M/S Wasjid Ali of Gulberg-II Rs 18m.
ISLAMABAD: Bashir Awan Rs 0.7m, Tariq Rehman Rs 0.7m, Amir Nawab Rs 0.9m, Azra Noreen Rs 2.2m, Nasir Fatima Rs 2.2m, Inamullah Saeed Rs 1.2m, M Safdar Rs 0.88m, Star Corporation Rs 2.735m, Mughal Ice Plant of Col Rafiq Baig Rs 1.3m, Shaheen Engineering Rs 2.2m, Fazal Electric Rs 0.7m, Malick Mohammad Akhtar Rs 0.5m, Yaqoob Brothers Rs 0.5m, Amjad Gilani, Tariq Gilani and Khalid Gilani of Nisa Enterprises Rs 0.5m.
EX-MBL: They belong to Karachi. Al Rehman Services Rs 0.6m, Baba Manna Rs 1.m, Saeedudin Zubair Rs 0.6m, Trade Link of Manzoor Qaider Rs 1.2m, Bhai Hashim Rs 0.7m, IK Corporation Rs 0.7m, M Farooq Rs 0.6m, and Saleem Khan Rawalpindi Rs 0.7m.
QUETTA: Sonmiani Fish Rs 2.2m, Abdul Qadier Rs 0.511m, Mohammad Alam Rs 0.5m, Hanid Moula Dad Rs 0.5m, Mohamamd Ramzan Rs 0.5m, Mohammand Hassan Rs 0.5m, Gul Mohammad Rs 0.5m, Mazar Khan Rs 0.5m, Faiz Ahmed Rs0.7m, Abdul Mateen Rs 0.86m, Shin Gul Tareen Rs 0.6m, Abdul Qadir Rs0.6m, Mohamamd Zahir Rs0.77m.
The loan written-off during year 2001:
KARACHI: Amed Trading Rs 2.9m, Farna Ice Rs 1.2m, Mohamamd Yasin Rs 1m, Shaffaf Ice Factory Rs 2.5m, Anwar Iqbal Rs 1.1m, Engineering Products Rs 1.5m, Indus Oil Expellers Rs 3m, Poshak International Rs 0.8m, Eastern Garments Rs 21m, Asif Owais Rs 0.6m, Nazir Ahmed Rs 0.8m, Mohammad Khursheed Khan Rs 0.5m, Mohammad Ramzan Rs 1m, General Traders Rs 10m, Quality Builders Rs 1.5m, Karachi Water Proofing Rs 0.9m, Mohammad Ramzan Rs 0.6m, Hukum Khan Rs 0.8m, Syed Raziddin Rs 0.5m, MS Tehseen Rs 0.5m, Yousaf Cheema Rs 0.7m, Jamil Rs 1.3m, Shabbir Ahmed Junami, Tasveer Ahmed Jumani, Taheree Ahmed Jumani, Azshraf Kahton, Salla Jumani, Shaukat Memon and Ms Shereen Jumani of Annud Textile Mills got a massive loan of Rs 279m written-off.
Abid Hassan Rs 0.5m, Haq Nawaz Dahri Rs 0.5m, Shah Nawaz Khan Rs 0.5m, Fizza Nazim Rs 0.8m, Mohammad Hayat Rs 0.5m, Nadeem Ahmed Rs 0.7m, FB Burki Ice Factory Rs 1.4m, Karachi Transport Corporation Rs 79m, Babar Rafiq Rs 0.6m, Nisar Ahmed Rs 0.5m, Qaisruzzman Rs 0.6m, Sajjad Hussain Rs 0.5m, Nasir Rafiq Rs 0.5m, Badar Ahmed Rs 0.5m, Manzar Farreed Rs 0.6m, Khalid Mehmood Rs 0.6m, Saeed Ahmed Rs 0.6m, Jawaid Textile Industries Rs 0.9m, Mansoor Yousaf Rs 0.5m, Mohammed Ismail Rs 0.5m, Aamir Hashmi Rs 0.551m, Sajid Ali Rs 0.7m, Mushtaq Hussain Rs 0.5m, Tahir Ehtasham Rs 0.6m, Mohamamd Noman Bhatti Rs 0.5m, Saleemuddin Rs 0.5m, Anissudin Rs 0.6m, Mobina Begum Rs 0.6m, Miss Tabassum Shehnaz Rs 0.6m, Mohaamd Yousaf Rs 0.6m, Mant Lal Maulal Rs 0.67m, Athar Batool Rs 0.78m, Shahid Khan Rs 0.5m, Azam Afraid Rs 0.6m, Syed Qasim Hussain Rs 0.539m, Syed Khaliluddin Rs 0.575m, Abdul Qayum Rs 0.681m, Mohammad Burhan Khan Rs 0.825m, Syed Khuram Raza Naqvi Rs 0.543m, Saad Ahmed Rs 0.6m, Hasan Shakeel Rs 0.8m, Ali Hassan Rs 0.534m, Mohammad Irfan Rs 0.55m, Shafiq Ahmed Rs 0.8m, Khwajamoinul HasanRs0.666m, Raza Hassan Rs 0.5m, Syed Afaq Rs0.6m, Syed Mohammad Nasim Ali, Rs0.6M, Mohammad Aslam Rs 0.6m, Syed Aslam Ali Rs 0.6m, Asif Rehman Rs 0.665m, Asif Rehman Rs 0.66m, Asim Ilyas Rs 0.5m, Adnanul HassaN Rs 0.8m, Syed Rasheed Ahmed Rs 0.5m, Monbina Afzal Rs 0.7m, Kamran Rauf Rs 0.7m, Najam Akthar Rs 0.8m, S Sharafifuddin Rs 0.8m and Imtiaz Hussain Zaid Rs 0.6m.
Khalid Beg Rs 0.5m, Mohammad Aman Rs 0.6m, Tariq Baloch Rs 0.666m, Mohamamd Mobin Sheikh Rs 0.6m, Ms Golden Plant Ind Rs 0.7m, S Ali Ahmed Zaidi Rs 0.7m, Siddiqi Rs 1.1m, Ms Pakistan Rs 1.4m, Ms Metropolitan Rs 190m,
Altaf Husain Shah Rs 0.5m, Mehmoodul Hassan Rs 0.5m, Mashiuddin Rs 0.9m, Aitzazuddin Rs 1.55m, Ihtashamuddin Rs 0.55m, FS Aizuddin Rs 0.5m, FS Ayazuddin Rs 1.6m, Mrs Shaim Fatima Rs 0.6m, Iqbal Shakoor Rs 0.6m, Mujeebuddin Rs 0.5m, Mrs Meharur Nisa Rs.7m, Anwar Raza Khan Rs 0.7m, Anwar Raza Khan Rs 0.7m, Mohmmad Jamil Rs 0.9m, Sardar Shakeel Rs 0.6m, Rashid Ali Rs 0.6m, Mohmmad Hanif Rs 0.8m, Abdul Shakoor Rs 0.6m, Adnan Husain Rs0.7m, Ahsan Anjum Rs 0.66m. Fareed Gul Rs 0.6m, Khuda Bux Rs 0.5m, M Faisal Rs 0.7m, Basir Alam Rs 0.6m, M Waseem Rs 0.65m, Mrs Rubena Rs 0.665m, Shahbaz Aqeel Rs 0.659m, Sharjeel Qaider Rs 0.5m, Tahir Anjum Rs 0.655m, Abdul Azim Rs 0.5m, Abdul Razak Rs 0.5m, Akhtar Hussain Rs 0.5m, Asif Sormoo Rs 0.554m, Fayyaz Ahmed Rs 0.544m, M Saleem Rs 0.5m, Sadia Bano Rs 0.5m, Moizuddin Rs 0.5m, Adul Haq Rs 0.54m, Mrs Kasur Perveen Rs 0.5m, Mohammad Rafiq Rs 0.55m, Mohammad Saleem Rs 0.5m, Rana Mohamamd Rs 0.545m, Rukhsan Begum Rs 0.5m, Rehan Shahid Rs 0.5m, Tahir Raza Rs 0.5m, Ashifaq Ahmed Rs 0.5m.
Year 2002: Following tycoons got their loans written-off in 2002.
Agri Autos Inds, Haleema Majeed Sons, Amie Investment, Sultan Textile Mills, Century Weaving, Husasin Towels, Durrani Associations, Nasir Khan, Muhammad Zafeef, Mohammad Usman, Ali Bux, Malick Munsif Khan, Mohammad Usman, Nabi Bux Baloch, Nisar Fatima, Akhar Bhugi Assoicates, Irfan Basharat, Samco Industries, Saeed Hasan, RN Stell products, Punjab Ceremic, Mahbub Ashraf, Gulberg Caterers, Samanabad enterprises, Azhar company, Sindhu Marbal company, Shabirruddin, Mohammad Husain, Rashid Sons, Rehman Oil Mills, Abu Bakar cold storage and oil factory.
BHAWALPUR: Shafi Oil mills, Ahmed Industries, Goheer Oil mills,
MULTAN: Union Straw paper board, jail traders, Omar Hardware, Khan Brothers cotton, Ali Intp, NK Medicot private limited, Al Munir textile private limited and Sadiqabad textile mills. Sinopak. (The list is still incomplete because of space constraints)
A few of those who got loans written off were genuine cases as they suffered sick industry or bankruptcy. Their loans were written off according to rules and prevalent law. Some of the beneficiaries, however, submitted bogus claims and the banks did not follow rules and regulations in writing off their loans.
By Rauf Klasra
ISLAMABAD: In a country where over 40 per cent of the population is said to be languishing under the poverty line with families surviving on less than $2 a day, the shameful revelation of the filthy rich getting loans worth over Rs100 billion written-off owing to their formidable clout is shocking the nation. And this shameful list carries some of the biggest names of our power elite.
The names of Ch Shujaat and Ch Pervez Elahi were found among about 1,000 influential businessmen and Army men who got a total of Rs18 billion loans written-off from the government-owned banks during the first three years of the military government. The list was submitted in the NA when Zafarullah Jamali was the prime minister and Shaukat Aziz was the finance minister.
The first loan of Rs70 million was outstanding against the Punjab Sugar Mills and was written off by the National Bank of Pakistan along with the actual loan amount. The mill was owned by Chaudhry Shujaat Husssain, Chaudhry Mansoor Elahi, Chaudhry Pervez Elahi, Chaudhry Gulzar Mohammad, Chaudhry Wajahat Hussain, Chaudhry Sabhat Elahi, Mrs Qisara Elahi (wife of Chaudhry Pervez Elahi), Mrs Kasur Hussain (wife of Chaudhry Shujaat Hussain), Mrs Khalida Begum (wife of Gulzar Muhammad).
The second loan of Rs15 million was written off by the UBL outstanding against Punjab Sugar Mills. The beneficiaries were once again Ch Manzoor Elahi, Ch Shujaat Hussain, Pervez Elahi, Wajahat Hussain, Shafaat Hussain, Gulzar Ahmed and Mrs Qaisra Elahi, Khalida Begum, and Kauser Hussain. The UBL once again wrote off another loan of Rs34.1 million outstanding against the Spaco Private Limited. The beneficiaries were the same — Ch Pervez Elahi, Shujaat Hussain, Manzoor Elahi, Wajahat Hussain, Sabahat Elahi, Mrs Kauser Hussain, Qaisra Elahi.
It may be added that these loans were written off after declaring their industrial establishments as “sick industry or on the pretext of bankruptcy.” Many of them denied having got their loans written-off.
The political sources claimed that Shahbaz Sharif and Nawaz Sharif knew this troubling fact about the Chaudhrys of Gujrat. Even Imran Khan had been showing the official documents of another bank, which had also written off loans to get the Chaudhrys disqualified from contesting the elections. But his desperate pleas were never entertained by the Election Commission of Pakistan courtesy the might and clout these cousins enjoyed during the early years of General Pervez Musharraf in power. The sources said, on the basis of their own knowledge about the Chaudhrys loan write off, the Sharif brothers were agitating the issue of loan write-off in the media with the public demand to put all the loan beneficiaries on trial after recovering the written-off amounts.
The mighty Chaudhrys of Gujrat — Ch Shujaat Hussain, Ch Pervez Elahi and their family members — reportedly got three different bank loans of Rs120 million written off from the National Bank and United Bank of Pakistan during their heady days of power. This has been revealed in the official record of the National Assembly library, which has now formally confirmed that several top politicians and their family members had quietly got several bank loans written off, which had been outstanding against their sugar and textile mills and other industrial units.
These bank loans were mainly written off by the state-run National Bank of Pakistan and United Bank Limited in the past. The official record available with The News, which was placed in the NA in the last one decade, revealed that a total of Rs30 billion loans were written off between 1985-2002, which had been outstanding against the top politicians and powerful industrial groups of the country. The list was compiled by the then caretaker government of 1993 led by Moin Qureshi.
In 2007, Auditor General of Pakistan revealed in its report that during the period 2002-2007, a sum of Rs54 billion was written off by Musharraf government. Thus, total figure had reached to Rs85 billions. But, now the recent official report to the NA during the question hour revealed that the total figure of written-off loans had finally crossed over Rs100 billion, after adding the loan amounts written off during two years of PPP government since 2008.
The official list of loan write-off beneficiaries of different periods since 1985 to 2002 revealed that former speaker Gohar Ayub Khan’s family and former Chief Minister Balochistan Jaam Yousuf, are also among other prominent politicians, who got the loans written off from the banks.
The three mighty business families of Pakistan are also among the beneficiaries of these loan write offs in the past. The former housing minister of General Pervez Musharraf -Abbas Sarfraz is also among the beneficiaries who got a massive loan against his sugar mill written off. Lt General Habibullah and Brig M Jan are among the list.
The Saifullah family of Lucky Marwat got four loans written off from different banks. The names of Anwar Saifullha Khan, Javed Saifullah, Hamayun Saifullah, Arbab Saddaullha Khan, Shah Jehan Khan, Nisar Khan are part of the list submitted in the NA in 1994 in response to a question by MNA Barjees Tahir. First, the Saifullah brothers got loans written off against their mill— Ms Kohat Textile Mills from the National Bank. The matriarch of the Saifullah family, Mrs Kalsoom Saifullah also got a loan of Rs12 million written off from NBP against Ms Frontier Towel Works, Kohat. Industrial bank also wrote off loan of Rs26 million of Javed Saifullah, Salim Saifullah, Hamayun Saifullah and others against Kohat Textile Mills. The MCB also wrote off loan against the Kohat Textile Mill. Jatoi family of Sindh also got a loan of Rs6.7 million written off from UBL. The beneficiary was Dr Ghafar Jatoi and his brothers. Leghari family also got Rs67 million loans written off from UBL. The beneficiaries included Jafar Khan Leghari, Jamil Ahmed Khan Leghari, Yousuf Khan Leghari, Tariq Khan Leghari, Atta Mohammad Leghari, etc.
Saigal group got the loan written off against Omaryar Limited, Lahore. The group got another loan of Rs4 million written off from the UBL.
A loan of Rs10.3 million was written off by Investment Corporation of Pakistan. Iqbal Z Ahmed, Mrs Saira Ahmed also got a loan of Rs5.5 million written off from United Bank of Pakistan. Another small loan of Rs1.4 million got written off from UBL against Hassan Ali and company. A loan of Rs18 million was also written off against Hashoo Holdings.
Meanwhile, investigations conducted by this correspondent after going through the official record of the National Assembly Secretariat, where all these loan documents were placed from time to time since 1994, even Daewoo Corporation of Pakistan was one of the beneficiaries of such big loans written-off by the government banks. National Bank of Pakistan had written off a loan of Rs10 million against Daewoo. The loan was outstanding against Kim Waoo Choong, Kim Joun Sung, Lee Woo Bok, Yoon Nuke NEON, Chui Myoung Kul.
The list showed that Karachi-based businessmen have been treated with exceptional kindness by the National Bank of Pakistan. According to the list of such people whose loans and principal amounts were written-off during the last three years, National Bank of Pakistan wrote off billion of rupees from taxpayers’ accounts. Most of the written-off loans went to the textile and industrial giants of the country owned by mighty businessmen, politically influential, former bureaucrats and military officers.
The big industrialists like Adamjee Industries owned by Farooq Sheikh, Mrs Shireen Farooq, Mumtaz Sheikh, Tahir Sheikh got Rs448 million written-off from the NBP. Mohib Textile owned by Asif Saigol also got Rs1.1 billion written-off in 2002.
The other big names included in the list are First Tawakkal Modaraba owned by Abdul Qadir Tawakkal, Mohammad Rafiq Tawakkal, Alif Husain Mooney, Abid Hussain Rs621 million written-off, National Frutctose Limited owned by Shairullah Durrani got Rs681 million written-off, Glamour Textile Mills owned by Iftikhar Ahmed Malik got Rs533 million written-off and others. Two foreign nationals also got the loans written-off.
Pakland Cement got Rs10 million written off, Cast N Link owned by Anwar Ahmed got Rs159 million written-off. Taha Spinning limited got Rs64 million written off.
Following is the list of mighty individuals and business tycoons whose loans were written-off in majority of cases along with principal amount from National Bank of Pakistan (NBP).
KARACHI: Zahid Fazal (Farah Enterprises) Rs09 m; White Bird Chick Limited Rs8.2 m, Advance Computer Technology Rs1.1 m, Hamid D Habib of Balochistan Glass Rs6 m, Latif Paul of TS Latisons Rs0.5 m, Anisure Rehman of Zeb Enterprises Rs1.9 m, Chaudhry Mohammad Younis of Ice Land Cold storage Rs16 m, Mohammad Saleheen of Naveed Farbics Rs0.7 m, Younis Rs0.5 m, Mohammad Sultan Rs0.5 m, Azhar Jamil of Sindh Industries Enterprises Rs0.2 m, Mushtaq Ahmed Rs0.5 m, Asghar Ali Rs05 m, Fida Mohamamd Rs0.5 m, Mohammad Ismail Rs0.5 m, Abdul Sattar Rs0.5 m, Lal Mohamamd Rs0.5 m, Mohammad Akbar Baloch Rs0.5 m, Ghulam Farooq Rs0.5 m, Amir Baksh Rs0.5 m, Mohammad Naseem Rs0.5 m, M Shoaib Rs0.5 m, Liaqat Ali Khan Rs0.514 m, Khaliq Farooqi Rs0.5 m, Irfan Rs0.572 m, Irfan Rs0.572 m, Sikandar Rs0.5 m, Asrar Hussain Sarbazi Rs0.56 m, Abdul Hameed Rs0.576 m, Mohammad Yaqoob Rs0.576 m, Shafqat Rehman Rs0.575 m, Shahbaz Aqeel Rs0.575 m, Abida Sultana Rs0.509 m, Mohammad Hanif Rs0.5 m, Tarranum Baig Rs0.5 m, Hidyatullah Farid Rs1.3 m, Pak Hardware and Paint Rs0.9 m, Mohammad Ali Rs0.5 m, Sh Mohammad Zahid Rs0.5 m, Mohammad Ayub Rs0.5 m, Nadeem Ahmed Rs0.5 m, Mushtaq Ahmed Rs0.517 m, Mushtaq Ishaq Rs0.5 m, Mir Mohammad Baloch Rs0.5 m, Mohammad Altaf Hussain Rs0.5 m, Abdul Khalil Rs0.5 m, Abdul Rahim Khatri Rs0.517 m, Imam Buksh Rs0.535m, Abdul Hameed Rs0.576 m, Wideyat Ali Rs0.5 m, Rizwan Hasan Rs0.5 m, Mohammad Sarwar Rs0.5 m, Maqbool Hussain Rs0.5 m, Ali Asghar Rs0.512 m, Shahnawz Rs0.524 m, Jawed Floor Mills of Rana Mohammad Siddiqui Rs20 m, Muhammad of Madina Food Industries Rs1.45 m, Syed Qmar Hai of Indus Poultry Farm Rs0.55 m, Mian Maqbool Ahmed of Alam Shuttle Industries Rs2.432 m, M Yousaf Khan of Progressive Industries Enterprises Rs0.7 m, Abdul Rashid of Aziz Company Rs0.5 m, Nasir Hussain Shah of Shah Cotton Factory Rs5.4 m, Hazoor Khan Chanido of Chandi Floor Mills Dadu Rs0.7 m, Pir Sarfrarz Ahmed of Nawab Shah Rs0.8 m, Munawar Hussain Rs0.722 m, Manzoor Hussain of Al Imran Hotel Ranipur Rs0.6 m, Arjandas of Arjandas Rice Rs1.05 m, Atta Mohamamd Marri of Mari Fish Farm Rs0.7 m, Atta Mohammad Mari Rs1.4m, S Zaheer Hussain Shah Rs0.9 m, Mst Ashraf Begum Rs0.5 m, Mohammad Idris Rs0.6 m, Sardar Taj Mohammad Rs0.8 m,Sh Saleem Ali of Capital Flour Mills, Murdikey Rs3 m, Mohamamd Afazal of Arshaq and Co, Lahore Rs0.9 m, Sanullah from Gujranwala Rs0.6 m, Hassan Ali Khan of Lahore Rs0.5 m, Sh Abdul Rehman Rs1.33 m, Lali Akbar of Abbas Trader, Kasur Rs0.8 m, Tariq Mir of Mir Iron Store, Lahore Rs0.5 m, Mustafa Ali Mir, Lahore Rs0.6 m, M Latif of Arshad Latif Indus Rs6.3 m, Mohammad Riaz of Riaz Furniture House Rs0.8 m, Mohammad Amin Khan of Makran Int Rs1.7 m, Haji Mohammad Ishaq of Tariq Industries Rs0.9 m, Mian Mohammad Sarwar of Al Ahmed Knitting Rs1.3 m, Mohammad Ahmed of M A S Stell Mills, Lahore Rs0.9 m, Mian Hamid Sarwar of Shishmahal Hosiery Rs0.9 m, Sh Mohammad Ashraf of Ashraf Ice Factory Rs0.9 m, Gulshan Begum W/o Zubaidullah Khan of Lahore Rs0.5m, Iftikhar Ali of Lahore Rs0.5 m, Khalid Bashir Khokar of Lahore Rs0.5 m, Arshad Javed Ghurki, Lahore Rs0.5 m, Arshad Javed Khurki, Javed Ghurki, Mhammad Khalid, Jamshed Asghar Ghurki, Sohail Asghar Ghurki, Mrs Rubina of Unique Trading, Lahore Rs0.891 m, Mohammad Iqbal of United Factory Rs0.5 m, Syed Izhar Hussain of Bhatti Brothers Sheikhupura Rs0.9 m, Abdul Rauf Qureshi of Rauf Corporation Lahore Rs0.6 m, Dr Abdul Rauf of Leatheron Lahore Rs0.7 m, Sabir Javed Lhr, Rs 1.2m, Azfar Manzoor Lahore Rs1m, Mrs Qaiser Manzoor Lahore Rs 1.2m, Mohammad Iqbal Javed of Mughal Technical Indus Lahore Rs 0.4m, Mohammad Ishaq Khan of Zahid Industries Lahore Rs 1.5m, Khalid Hatyat of Millat Corporation Rs 0.4m, Mohammad Azhar Leghiar, Dewan Aashiq Hussain, Umer Hayat Bosan, Shauakt Hayat Bosan, Niaz Ahmed, Muzaffar Hussain Bokhari, Mushtaq Shah and Nazar Abbas of Hayat Textile Mills Lahore Rs 110 million, Ghulam Mustafa Khan of Nashika Impex Lahore Rs 4.3m, Mian Tajamal Hussain, Mian Nusratuddin, Mrs Azra Tajamal, Mrs Laila Nusrat, Mrs Saeeda begum of Chenab textile Mills Lahore Rs 25m, Mian Abdur Rehman of Abdulur Rehman and Com Bhwalpur Rs 1.6m, Mian Ghulam Owais Owasi of Owais Industries Bhwalpur Rs 0.9m, Shad Ahmed of Shahzad Cotton Rahim Yar khan Rs 0.9m, Ch. Mohiuddin of Five Star Industries Okara Rs 0.7m, Mohammad Ehsan of Ehsan Soap factory Lahore Rs 09m, Sh. Abdul Jabbar of Feroze Oil and General Mills Okara Rs 0.6m, Sh. Mohammad Latif of Baba Farid Roller flour mill, Pakpattan Rs 0.6m, Shafiqe Ahmed of Mehran Cotton Multan Rs 1.m, Asad Zuabir of Jhangir Industries Multan Rs 0.5m, Riaz Ahmed of Riaz Textile Mills Multan Rs 0.6m, Ch Niaz Muhmmad Multan Rs 0.5m, Zulifkar Ali Industries Multan Rs 0.8m, Hamid Azmat Sheikh of Azmat Towellers Industries Multan Rs 2.4m, Mohammad Hussain of Rafay Textile Industries Burewala Rs 1.4m, Mohammad Ashgar of Asif Oil Mills Kehror Pacca Rs 0.6m, Mohammad Iqbal of Mashal Cotton Kehror Pacca Rs 0.6m, Mohammad Iqbal of Asif Irfan Cold storage Mianchannu Rs 1.4m, Mohammad Nazir of Mudhwal Enginnering Khushab Rs 4.7m, Farooq Saigal, Usman Siagal, Umer Saigal, Saleem Saigal of Kohirnoo textile Mills Liaquatbabad Rs 29m, Abdul Rehman of Gatth Foundary Workshop Faisalabad Rs 7.3billion, Ashraf Textile Rs0.7m, Mohammad Ashraf Rs 1.2m, Universal enterprises Faisalabad Rs 1.m, Javed Autos Sargodha Rs 1.0, Khursheed Ahmed Shad Faisalabad Rs0.66, Imran Saleem Ch. Gujrat Rs 0.737m, Jhangir Saleemullah Gujrat Rs 0.9m, Adnan Aziz Trader Gujrat Rs1.2m, Inayat Industries Gujrat Rs 1.2m, M. Rashid General Metal Works Gujrat Rs 0.8m, Safdar and Com Gujrat Rs 2.2m, Younis-National Weaving Fact, Gujrat Rs 1.2m, S. Mohammad Oil Mills Attock Rs 1.286m, Imran Shah and Bros Rwalpindi Rs 1.03m, Hazara Wodden Mills Rawalpindi Rs 1.133m, Lt. Col Rabnawaz of Nawaish Gypsum Jhelum Rs 0.6m, Food Department of NWFP Rs 3.434m, Begum Noor Jehan Mardan Peshawar Rs 6.8m, K. Mahmoodullah of MS LTCF, Islamabad Rs3m, Seth Dawood Group of MS Pakistan Paper corporation Charsada Rs 19 million, Seth Sahbir Hussain of MS Castle Industries Haripur Rs 12 million, Fateh Weeolen Industries Rs5million, Juma Khan Quetta Rs 4.6 m, Abdul Qayum Quetta Rs 0.5m, Ghazi Khan Quetta Rs 0.7m, Syed Abdul Rashid Quetta Rs 0.9m, Zahoor Ahmed Quetta Rs 0.7m, Zahoor Ahmed son of Haji Abdullah Samad Quetta Rs 0.74m, Ahmed Khan Quetta Rs 0.814m, Jhangir Khan Quetta Rs 06m, Mirza Mohammad Quetta Rs 0.5m, Mir Khuda Bux Muri, Mir Nawaz Marri, Mrs Elsa Mariie Benazir , Ms Kamal Faria Marri and Miss Anita Marri Rs 1.7m, Malick Abdullah Jan Quetta Rs 0.7m, Ashraf shoe company Mirpur, Kashmir, Rs 6.4m, Abdulleh Saleh Rs 123m Saudia Arabia, Amjad Malick Karachi Rs 2.2m, Abdul Wahab Karachi Rs 2.4m, Ghazala Haq and Amjad Malick Karachi Rs 6m, Mir Mehraullah Mengal Karachi Rs1.2 m.
Mohammad Sadiq of Chand Mills Karachi Rs 0.5m, MB Dhody Karachi Rs 3m, Sardar Mohammad of General Tractor Machinery Karachi Rs 3m, Noor Ali Group, Karachi got about Rs 3m written-off, Mohammad Hussain of Process Pakistan Rs 1.19m, Mohammad Sarfraz Paracha of East Asia Trading Karachi Rs 0.7m, Ghulam Ali Talpur Karachi Rs 0.6m, Lt-Col M . Jaffar Karachi Rs 2.7m, Noor Ali Hirani Karachi Rs 1.2m, Sun Publication Rs 1.3m, Tariq Jaffar Campher Pak Karachi Rs 10m, Mohammad Pervez, Col Akhlaq Ali Khan, Talibul Rasool, Abdul Jalil, Mohammad Yousaf Mirza of Allied Textile Mills Larkana Rs 296m, R Hasan Ali, Hyderabad Rs 0.9m, Mehboob Elahi of Sindh Tanneris Hyderabad Rs 4.89m, Haji and company Lahore Rs 0.9m, Syed Amjad Ali Gujranwala Rs 2.178m, Ch. Mohammad Anwar of Elegzender and co Rs 1.7m, Mohammad Younis of Younis Company Lahore Rs 8.4m, Sh Javed Iqbal and Brother LahoreRs 2.4m, Denn Autos Lahore Rs 1.8m, Begum Sherin Wahab, Abdul Qayum, Mumtaz Ahmed Abdul Jabbar, Mrs Sahiba Qayum of Sarhad Cresent Indsutries Rs 9.5m, Javed Zia, Mrs Kasur Javed, Salman Zai, Umer Javed, Miss Amber Javed nad Zafar Inami and Ghulam Rasool of Okara Textile Mills Rs 126million. And Fazal Elahi Malik, Teshin of Ally Hoisery Mills Lahore got Rs 0.7 million written-off.
In year 2000, the NBP wrote off many loans. In Peshawar Rs1 m of Mrs Aurangzeb of Ms Rahman Ice Factory was written-off.
FAISALABAD: Maryam Fatama weaving factory, Rs 4.5m, Ashfaq Hussain of Al Najaf Traders Faisalabad Rs 2.5m, Ch. Mohamamd Tufail of Rehan Cotton Primahal Rs 1.4m, Ms Sajja International F/abad Rs 0.5m.
MULTAN: Mohammad Hanif Rahm Yar Khan Rs1.0m, Mhamamd Aslam RYK Rs 0.9m, AJ Textile Industry RYK Rs6.9m, Madni electric traders Ahmedpureast Rs 0.666m, Ghulam Jaffar Jalwana Bhwalpur Rs 0.6m, Irfan Salman paper mills Sadiaqabad Rs 7.3m, Mian Tariq Gurmani and Suryia Iqbal Gurmani Thatta Gurmani Industries Kot Addu Rs1.5m, Al. Farooq Electronics Rs0.5m, Al Hasnaian Enterprises Rs 0.646m, Rizwan Textile Mills Rs0.6m, Mehboob Ahmed Rs 0.7m, Mohamamd Khalid Rs0.6m, Abul Sattar Rs 0.5m, Shahid Pervez Rs 0.7m, Al Azhar Textile Mills ( Mirza Azhar Beg nad Mrs Rafiqan Begum) Rs 6.4m, Barington Pharama of Pervez Iqbal Rs 1.9m, Jhandir Textile of Mohammad Akram Rs 0.5m, Mohammad Naeem of Four NS Fabrics Rs 1.3m, Mudasar Haider Chemica Rs1.5m, Sultan Wool Industries, Sahiwal Rs1.11m, Baby soap factory Kasoor Rs 2.7m, Mian AND Company Malsi Rs 0.7m Dhah Brothers weaving Vehari of Munir Khan, Sadia Shabnam, Raheem Baksh Rs 3.2m and Javed Cotton Industries Lodhran of Malik Usman, Malick Meraj Khalid and Mohammad Ajmal Rs 1.5m, and Mashallah Cotton factory Mailisi Rs 0.9m.
HYDERABAD: Sardian Paints Rs 2m, Al Amna Entp Rs 1m, MS Prince Rice Rs 1.3m, Niazi Ice Rs 1.44m, Associates Rs 0.766m, Jan Mohammad Rs 0.6m, Abdul Jabbar Rs 0.7m, Ali Gul Brohi Rs 1.1m, Abdul Majeed Rs 0.9m, MaliK Rice Mills Rs 2.7m, Intasia Entp Rs 43m, Expotex Limited Rs 49m, Excelisor industries Rs 5.1m, All Leather Limited Rs 1m, Mumtaz Mohammad Khan Zai Rs 0.772m, Sameer Garments Rs 0.8m, Rafiq Saigal, Afsar Khan, got two loans of Allied Paper Industries Karachi to the tune of Rs 35m written-off. Abdul Rashid Rs 0.5, Khan Ice Factory Rs 1m, Ashraf Traders Rs 0.7m, Anglo Universal Karachi Rs 0.7m, Gulf Food Industries Rs 0.8m, Makhdoom Traders Rs 0.5m, MA Footwear Rs 1.1m, Commodity Impex Rs 3m, Fetisal Grain Rs 1.2m, Aftab Garments Rs 0.6m, Citizen Process Rs 0.5m, Farm Products Rs 0.7m, Javed Iqbal Rs 0.6m, Masood Ahmed Qureshi Rs 1.14m, Moash Traders Rs 4m, Sabeena Enterprises Rs 8.9m.
LAHORE: Ms Jarral International Rs 1.8m, Ms Ghulam Hussain Rs 0.9m, Ehssan Machinery story Rs 0.5m, Tariq Mansoor Rs 0.8m, Zab Poly Proplyeine Products Rs 3.4m, Syed Waseem Ahmed Rs 0.55m, and M/S Wasjid Ali of Gulberg-II Rs 18m.
ISLAMABAD: Bashir Awan Rs 0.7m, Tariq Rehman Rs 0.7m, Amir Nawab Rs 0.9m, Azra Noreen Rs 2.2m, Nasir Fatima Rs 2.2m, Inamullah Saeed Rs 1.2m, M Safdar Rs 0.88m, Star Corporation Rs 2.735m, Mughal Ice Plant of Col Rafiq Baig Rs 1.3m, Shaheen Engineering Rs 2.2m, Fazal Electric Rs 0.7m, Malick Mohammad Akhtar Rs 0.5m, Yaqoob Brothers Rs 0.5m, Amjad Gilani, Tariq Gilani and Khalid Gilani of Nisa Enterprises Rs 0.5m.
EX-MBL: They belong to Karachi. Al Rehman Services Rs 0.6m, Baba Manna Rs 1.m, Saeedudin Zubair Rs 0.6m, Trade Link of Manzoor Qaider Rs 1.2m, Bhai Hashim Rs 0.7m, IK Corporation Rs 0.7m, M Farooq Rs 0.6m, and Saleem Khan Rawalpindi Rs 0.7m.
QUETTA: Sonmiani Fish Rs 2.2m, Abdul Qadier Rs 0.511m, Mohammad Alam Rs 0.5m, Hanid Moula Dad Rs 0.5m, Mohamamd Ramzan Rs 0.5m, Mohammand Hassan Rs 0.5m, Gul Mohammad Rs 0.5m, Mazar Khan Rs 0.5m, Faiz Ahmed Rs0.7m, Abdul Mateen Rs 0.86m, Shin Gul Tareen Rs 0.6m, Abdul Qadir Rs0.6m, Mohamamd Zahir Rs0.77m.
The loan written-off during year 2001:
KARACHI: Amed Trading Rs 2.9m, Farna Ice Rs 1.2m, Mohamamd Yasin Rs 1m, Shaffaf Ice Factory Rs 2.5m, Anwar Iqbal Rs 1.1m, Engineering Products Rs 1.5m, Indus Oil Expellers Rs 3m, Poshak International Rs 0.8m, Eastern Garments Rs 21m, Asif Owais Rs 0.6m, Nazir Ahmed Rs 0.8m, Mohammad Khursheed Khan Rs 0.5m, Mohammad Ramzan Rs 1m, General Traders Rs 10m, Quality Builders Rs 1.5m, Karachi Water Proofing Rs 0.9m, Mohammad Ramzan Rs 0.6m, Hukum Khan Rs 0.8m, Syed Raziddin Rs 0.5m, MS Tehseen Rs 0.5m, Yousaf Cheema Rs 0.7m, Jamil Rs 1.3m, Shabbir Ahmed Junami, Tasveer Ahmed Jumani, Taheree Ahmed Jumani, Azshraf Kahton, Salla Jumani, Shaukat Memon and Ms Shereen Jumani of Annud Textile Mills got a massive loan of Rs 279m written-off.
Abid Hassan Rs 0.5m, Haq Nawaz Dahri Rs 0.5m, Shah Nawaz Khan Rs 0.5m, Fizza Nazim Rs 0.8m, Mohammad Hayat Rs 0.5m, Nadeem Ahmed Rs 0.7m, FB Burki Ice Factory Rs 1.4m, Karachi Transport Corporation Rs 79m, Babar Rafiq Rs 0.6m, Nisar Ahmed Rs 0.5m, Qaisruzzman Rs 0.6m, Sajjad Hussain Rs 0.5m, Nasir Rafiq Rs 0.5m, Badar Ahmed Rs 0.5m, Manzar Farreed Rs 0.6m, Khalid Mehmood Rs 0.6m, Saeed Ahmed Rs 0.6m, Jawaid Textile Industries Rs 0.9m, Mansoor Yousaf Rs 0.5m, Mohammed Ismail Rs 0.5m, Aamir Hashmi Rs 0.551m, Sajid Ali Rs 0.7m, Mushtaq Hussain Rs 0.5m, Tahir Ehtasham Rs 0.6m, Mohamamd Noman Bhatti Rs 0.5m, Saleemuddin Rs 0.5m, Anissudin Rs 0.6m, Mobina Begum Rs 0.6m, Miss Tabassum Shehnaz Rs 0.6m, Mohaamd Yousaf Rs 0.6m, Mant Lal Maulal Rs 0.67m, Athar Batool Rs 0.78m, Shahid Khan Rs 0.5m, Azam Afraid Rs 0.6m, Syed Qasim Hussain Rs 0.539m, Syed Khaliluddin Rs 0.575m, Abdul Qayum Rs 0.681m, Mohammad Burhan Khan Rs 0.825m, Syed Khuram Raza Naqvi Rs 0.543m, Saad Ahmed Rs 0.6m, Hasan Shakeel Rs 0.8m, Ali Hassan Rs 0.534m, Mohammad Irfan Rs 0.55m, Shafiq Ahmed Rs 0.8m, Khwajamoinul HasanRs0.666m, Raza Hassan Rs 0.5m, Syed Afaq Rs0.6m, Syed Mohammad Nasim Ali, Rs0.6M, Mohammad Aslam Rs 0.6m, Syed Aslam Ali Rs 0.6m, Asif Rehman Rs 0.665m, Asif Rehman Rs 0.66m, Asim Ilyas Rs 0.5m, Adnanul HassaN Rs 0.8m, Syed Rasheed Ahmed Rs 0.5m, Monbina Afzal Rs 0.7m, Kamran Rauf Rs 0.7m, Najam Akthar Rs 0.8m, S Sharafifuddin Rs 0.8m and Imtiaz Hussain Zaid Rs 0.6m.
Khalid Beg Rs 0.5m, Mohammad Aman Rs 0.6m, Tariq Baloch Rs 0.666m, Mohamamd Mobin Sheikh Rs 0.6m, Ms Golden Plant Ind Rs 0.7m, S Ali Ahmed Zaidi Rs 0.7m, Siddiqi Rs 1.1m, Ms Pakistan Rs 1.4m, Ms Metropolitan Rs 190m,
Altaf Husain Shah Rs 0.5m, Mehmoodul Hassan Rs 0.5m, Mashiuddin Rs 0.9m, Aitzazuddin Rs 1.55m, Ihtashamuddin Rs 0.55m, FS Aizuddin Rs 0.5m, FS Ayazuddin Rs 1.6m, Mrs Shaim Fatima Rs 0.6m, Iqbal Shakoor Rs 0.6m, Mujeebuddin Rs 0.5m, Mrs Meharur Nisa Rs.7m, Anwar Raza Khan Rs 0.7m, Anwar Raza Khan Rs 0.7m, Mohmmad Jamil Rs 0.9m, Sardar Shakeel Rs 0.6m, Rashid Ali Rs 0.6m, Mohmmad Hanif Rs 0.8m, Abdul Shakoor Rs 0.6m, Adnan Husain Rs0.7m, Ahsan Anjum Rs 0.66m. Fareed Gul Rs 0.6m, Khuda Bux Rs 0.5m, M Faisal Rs 0.7m, Basir Alam Rs 0.6m, M Waseem Rs 0.65m, Mrs Rubena Rs 0.665m, Shahbaz Aqeel Rs 0.659m, Sharjeel Qaider Rs 0.5m, Tahir Anjum Rs 0.655m, Abdul Azim Rs 0.5m, Abdul Razak Rs 0.5m, Akhtar Hussain Rs 0.5m, Asif Sormoo Rs 0.554m, Fayyaz Ahmed Rs 0.544m, M Saleem Rs 0.5m, Sadia Bano Rs 0.5m, Moizuddin Rs 0.5m, Adul Haq Rs 0.54m, Mrs Kasur Perveen Rs 0.5m, Mohammad Rafiq Rs 0.55m, Mohammad Saleem Rs 0.5m, Rana Mohamamd Rs 0.545m, Rukhsan Begum Rs 0.5m, Rehan Shahid Rs 0.5m, Tahir Raza Rs 0.5m, Ashifaq Ahmed Rs 0.5m.
Year 2002: Following tycoons got their loans written-off in 2002.
Agri Autos Inds, Haleema Majeed Sons, Amie Investment, Sultan Textile Mills, Century Weaving, Husasin Towels, Durrani Associations, Nasir Khan, Muhammad Zafeef, Mohammad Usman, Ali Bux, Malick Munsif Khan, Mohammad Usman, Nabi Bux Baloch, Nisar Fatima, Akhar Bhugi Assoicates, Irfan Basharat, Samco Industries, Saeed Hasan, RN Stell products, Punjab Ceremic, Mahbub Ashraf, Gulberg Caterers, Samanabad enterprises, Azhar company, Sindhu Marbal company, Shabirruddin, Mohammad Husain, Rashid Sons, Rehman Oil Mills, Abu Bakar cold storage and oil factory.
BHAWALPUR: Shafi Oil mills, Ahmed Industries, Goheer Oil mills,
MULTAN: Union Straw paper board, jail traders, Omar Hardware, Khan Brothers cotton, Ali Intp, NK Medicot private limited, Al Munir textile private limited and Sadiqabad textile mills. Sinopak. (The list is still incomplete because of space constraints)
A few of those who got loans written off were genuine cases as they suffered sick industry or bankruptcy. Their loans were written off according to rules and prevalent law. Some of the beneficiaries, however, submitted bogus claims and the banks did not follow rules and regulations in writing off their loans.
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