
LAHORE - Transparency International Pakistan (TIP) has drawn attention of Prime Minister Nawaz Sharif towards illegal award of US $2.4 billion 1,100 megawatt Kohala Hydropower Project contract to a World Bank blacklisted company M/s CWE causing an annual loss of over Rs 17 billion to the national kitty.
read more here . . . . .
The following is a list of the richest Pakistanis, sorted by order of their declared or estimated net worth. It includes Pakistani people who are citizens of Pakistan as well as people of Pakistani descent.
| Rank | Name | Net Worth ($ USD) | Age | Residence | Sources of income and wealth | Industries |
|---|---|---|---|---|---|---|
| 1 | Shahid Khan | 4.5 bil[1][2] | 64 | Residence: USA Origin: Lahore | Flex-N-Gate, Jacksonville Jaguars, Fulham F.C. | Automotives |
| 2 | Asif Ali Zardari | 1.8 bil[3] | 57 | Nawabshah (hometown) | Multiple Sources | Agricultural income, Industry, Real Estate, Businesses in Middle East, United Kingdom and United States |
| 3 | Mian Muhammad Mansha | 2.6 bil[4] - 5 bil[5] | 64 | Lahore | Nishat Group, MCB, Adamjee Group, Nishat Chiniot power | Textiles, Banking, Energy, Transport |
| 4 | Sir Anwar Pervez, O.B.E. | 1.67 bil | 77 | London | Bestway group, United Bank Limited | Cement, Banking, Cash & Carry (Wholesale) |
| 5 | Nawaz Sharif | 1.4 bil[6] | 64 | Lahore | Ittefaq Group | Steel Manufactures,Sugar Mills,Farming |
| 6 | Saddaruddin Hashwani | 1.1 bil | 71 | Islamabad | Marriott Hotels, Pearl Continental Hotel, Orient Petroleum | Hotels & Resorts, Oil & Gas |
| 7 | Nasir Schon | 1 bil | 55 | Karachi and Dubai | Schon Group | Real estate, Fertilizer |
| 8 | Abdul R Yaqoob | 1 bil | Karachi and Dubai | ARY Group | Media, Real estate, Retail | |
| 9 | Malik Riaz Hussain | 1.1 bil | Rawalpindi | Bahria Town | Real estate | |
| 10 | Tariq Saigol | 850 mil | Lahore | Saigol Group Kohinoor Textile Mills, Pak Elektron Ltd, Saigol Motors, Sajeel Motors | Energy, car production, Textiles | |
| 11 | Dewan Mushtaq | 800 mil | Karachi | Dewan Mushtaq Group, Dewan Salman Fibre, Dewan sugar mills, Dewan textile mills, Pakland Cement | Automobiles, Textiles, Sugar, Polyester | |
| 12 | Sultan Ali Lakhani | 800 mil | Karachi | Lakson Group | Media, Food, Insurance, Energy | |
| 13 | Rafiq Habib | 900 mil | Karachi | House of Habib Habib Bank AG Zurich, Makro Pakistan | Banking & Finance, Retail, Construction, Manufacture and Retail of Toyota Cars, Etc. | |
| 14 | Sheikh Abid Hussain alias Seth Abid | 780 mil | Lahore | Green Fort | Real estate | |
| 15 | Mian Muhammad Latif | 700 mil | Faisalabad | ChenOne & Chenab Group | Textiles & Fashion | |
| 16 | Abdul Ghafoor | 660 mil | Faisalabad | Sitara Chemicals & Yasir Spinning | Textiles & Energy |
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With his departure for the United Nations General Assembly meeting, the Prime Minster leaves the country at a time when floods, IDPs and a political crisis remain challenges he has not confronted head-on. Despite the degree of scrutiny the government is under, the PM has taken an entourage of over 17 people with him, with the trip costing as much as $400,000 while protesters on Constitution Avenue raise questions of accountability and corruption.
This is also from Net.
He said the prime minister’s family members and cooks were part of his entourage."
Read more here:
This is what Nation says about his recent trip to US. Good thing they were only 17 otherwise we would have spent our whole GDP equivalent on themUNGA MeetingSeptember 24, 2014For news details visit : http://nation.com.pk/editorials/24-Sep-2014/unga-meeting
For news details Read on : UNGA MeetingWith his departure for the United Nations General Assembly meeting, the Prime Minster leaves the country at a time when floods, IDPs and a political crisis remain challenges he has not confronted head-on. Despite the degree of scrutiny the government is under, the PM has taken an entourage of over 17 people with him, with the trip costing as much as $400,000 while protesters on Constitution Avenue raise questions of accountability and corruption.
This is also from Net.
Nawaz Sharif’ visit to America to address UN General Assembly, has raised many questions regarding the extravagance of his trip. Normally people look at the outcome of such visits, but this time people have pointed out his style of travelling and that it is beyond the means of a poor nation like Pakistan, after all he is representing us. It is said that the PM of a debt ridden country travelled in a special luxury plane, hired from a gulf state, while at New York he and all his companions are staying at the most expansive hotel; where one room costs US $ 8000 per day. Perhaps our government booked a complete floor of this hotel, seeing as our PM needs security in New York. The public wants the government to clarify people’s concerns and answer following questions:-
Did he travel in normal PIA flight or a chartered luxury plane from a gulf state? Who travelled with him ? Did his servants and cooks also travel, te stayed in New Yoo prepare his special food for him? Where did he and his entouragrk? What was the mode of transport provided to him and his troupe, during the stay in America and at what rate? How much total expenditgain from this trip? Considering that the Indianure was incurred on his trip including shopping and what did Pakistan PM stayed at his friend’s house, saving his country millions of dollars.
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