Subject: HDS Dubai
HDS Tower in Cluster F of Jumeirah Lakes Tower is only one of the 34
Storey buildings that belongs to the mighty HDS Group. The News Tribe
learnt that several other buildings in Jumeirah Lake Towers, Business
Bay and International City, like the HDS Sunstar Towers, are also
owned by the millionaire brothers, surprisingly Pakistanis.
The owners of HDS Group, Ali Dar and Hasnain Dar, are none other than
the sons of finance minister of Pakistan, Senator Ishaq Dar. It's
worth mentioning here that the elder son Ali Dar is also the
son-in-law of Pakistan Muslim League's leader Mian Mohammad Nawaz
Sharif.
Apart from several real estate ventures, The HDS Group had also
launched HDS Rent a Car, JLT in July 2012.
Senator Ishaq Dar's son Ali Dar takes the Lamborghini Aventador LP
700-4 for the inaugural run.
The uniqueness of the car rental company lies in its array of niche
car manufacturers and models of cars unavailable to the market. HDS
Rent a Car owns the 2012 Lamborghini Aventador LP700-4, Mercedes Benz
SLS 63 AMG Gullwing, apart from the more economy cars such as Peugeot
and Renault. Some of the many exotic, luxury and SUVs in the lineup
are the the Ferrari Berlinetta F12 and the McLaren F1, and you can do
the numbers yourself!
The owners from a 'poor and starving' country Pakistan, where the
average monthly income for an individual is $41, are offering such
exotic services in Dubai, whhadich even the local Emiratis fail to
afford.
Madhu Bhindari, the Indian Billionaire who invested money in Dubai
with Pakistani politicians.
Sources further told The News Tribe that the story does not end here;
another Finance Minister from the Nawaz Sharif Government, made
hundreds of real estate transactions with Madhu Bhindari, an Indian
billionaire entrepreneur, who is on a run-away from Dubai, after
losing 150 million dirhams in the 2008 crisis. However, the finance
minister's buildings and investments are still there, earning a hefty
income.
A Pakistani real estate agent, who claimed to carry out transactions
for a serving government officer in Sindh Government, told The News
Tribe that a lot of Pakistani bureaucrats and politicians have
properties worth millions in Dubai.
"The son of a serving government officer from Sindh government
invested a huge amount of money in real estate here in 2008, and I
carried out transactions for him," the agent claimed.
"Where are these politicians getting the money from?" asked a
frustrated Pakistani in Dubai, who came to know that the building he
lived in is owned by Ali and Hasnain Dar's HDS Group.
"If they have billions of dollars and so much money, why is it not in
Pakistan? These politicians talk about the welfare of Pakistani
people, but all they can think about is themselves!"
Previously, Director Swiss Bank had stated that Pakistan has around
97 billion dollars only in Swiss Banks. But, it seems that Pakistani
politicians and businessmen have more than 97 billion dollars outside
Swiss Banks, invested in various countries and financial hubs like
Dubai.
According to the Swiss Bank director, if the money is utilized for
the welfare of Pakistan and its people, then Pakistan can make tax
free budget for next 30 years, can create 60 million jobs, can carpet
four lanes road from any village to Islamabad, provide endless power
supply, every citizen can earn Rs. 20,000 salary for the next 60 years
and there is no need to take loans from IMF or World Bank.