Friday, March 27, 2009

Saudis Electrocuted the Terrorists enmass in the Grand Mosque ! Can Pakistan Deliver ?

Pakistanis have the will to defeat these terrorists ? Their half hearted attempts are not taking them anywhere. We have to follow what the US did after 9/11 and India did to curb the rebellion in Kashmir, Mizoram, Assam and Tripura.

Why can't Pakistan declare these bombers 'Murtid' (*) first.
What did the Saudis do the the terrorists on their soil. They handled the attack on the Grand Mosque much better then what Pakistan did over the Red Mosque take over in Islamabad ! Saudis flooded it with water and then electrocuted everyone !

Pakistan needs 100,000 snipers posted all over Pakistan, a example like Asifa Siddiqi a Gitmo type prison and a Gaza type operation to crush the Militias.

MONA Khan a journalist inquired, ‘One thing that has struck me as odd is how Saudi Arabia has stayed immune from terrorist attacks all this while. What security measures do they have in place that act as deterrents?’

Her question deserves a doctoral thesis, but what is needed is a short and focussed response germane to the question. A cogent remark by a British journalist deserves attention in the context of the war on terror. He said Pakistan was neither a democracy nor a dictatorship. This was said in the summer of 2007 when, during the Musharraf era, two crises were running simultaneously: the Lal Masjid rebellion and the lawyers’ movement.

Pakistan has never been the barbaric dictatorship that Latin America and many parts of Southeast Asia had been and which the Middle East continues to be. Even in Ziaul Haq’s days — when Pakistan came nearest to being a barbaric dictatorship — the military regime had to have regard for basic notions of constitutionalism. He might have said that the constitution was nothing but a piece of paper he could tear up any time, but even Zia had to have his takeover approved by the Supreme Court and to rely on pseudo-constitutional nostrums to perpetuate his tyranny. Even for Bhutto’s ‘judicial murder’ (Dorab Patel’s words) he had to go through the charade of a trial. No such compulsions existed for tyrants in Latin America, the Middle East and Southeast Asia.

One of Pakistan’s major problems has been lack of continuity of the political system. Even if a dictatorship lasts — notwithstanding the phut that comes later — certain advantages do accrue. Ayub’s decade of development wasn’t all fraud. The foundations of industrialisation were laid, the middle class expanded, and the world, from Beijing to Washington, respected Pakistan. Ziaul Haq’s tyranny was a disaster domestically, but the world knew who was minding the store. As for Musharraf, the US dealt with him as did India because they knew who was in charge. More important, under Musharraf the media was quite free (till the curbs in his final days in office). This had a direct but negative bearing on questions relating to the war on terror.

Let us now note some of the major differences between Pakistan and Saudi Arabia in the context of the war on terror. One, the desert is not guerilla-friendly. On a moonlit night you can spot a moving object miles away. Two, Saudi Arabia does not have a terrain where three of the world’s mightiest mountain ranges — the Himalayas, Karakoram and Hindukush — meet. For that reason it does not have those valleys and canyons and dry rivers-beds and hundreds of thousands of caves which provide sanctuary to terrorists armed to the teeth.

In Pakistan, arms for terrorists come from the tribesmen’s own improvised arms industry or are bought from the global market with drug money. The Saudi kingdom wouldn’t tolerate a semi-autonomous arms manufacturing industry which would flood Saudi Arabia not with delicious dates but a variety of arms ranging from a ‘toy’ like the Kalashnikov to the rocket launcher.

Three, in Saudi Arabia the government controls the ulema, who are not in a position to bully the officials. A slight deviation from the government-authorised version of the Friday sermon, and the imam is in trouble. In Pakistan, the so-called ulema — most of them semi-literates — bully the government and society and are a source of social anarchy. Well-armed and well-funded, Pakistan’s religious parties and institutions are the biggest hindrance in the war on terror and extremism.

Let us note the difference between how Islamabad handled the Lal Masjid rebellion and how the Saudis tackled the failed bid to take over the Grand Mosque and take the royal family hostage. While the Musharraf government acted late and half-heartedly against the Aziz–Rashid duo, let us see the ease — or, if your prefer, the ruthlessness — with which the Saudi government dispatched the rebels

Three decades after the failed takeover of the Grand Mosque in Makkah in November 1979 we do not know the details of how the mutiny was crushed. The Saudis called in French legionnaires to flush out the dissidents. Most rebels died fighting or were later captured and executed. Even encyclopaedias till today have no clue as to the number of the dead. Some accounts say the Grand Mosque was flooded with water and electric current released.

In our case, what do you do if half a dozen terrorists hide in a Swat or Fata village of 20,000? Do you order the army and air force to take out the village? Can any government in Islamabad do what Israel did in Gaza and Lebanon?

Far from taking out the village, even if Pakistani security forces seal off the village for a fortnight, within no time Pakistan’s human rights’ organisations and the pro-Taliban media would be up in arms, with lurid stories about babies dying for want of milk and pregnant women without healthcare in the biting cold. The government would retreat, and the terrorists would be the gainers. Neither Pakistani liberals nor aid-givers understand this point.

Pakistan has taken every imaginable step possible so far as security measures are concerned for tackling the rebellion in Swat and Fata. But Pakistan doesn’t enjoy the support of the liberals, who live in a world of their own, and seem to forget that their theoretical sermons on constitutional and liberal values may sound fine in Scandinavia, but help the Taliban and their supporters in the media and politics over here

* Murtids are muslims who have rejected Islam openly and publicly and are therefore under sentence of death. Murtids currently in hiding include, Salman Rushdie and Taslima Nasreen. Anwar Sheikh is not a murtid because he is the figment of some hindu zealot's imagination. Disbelieving in the Quran as word of Allah in private is not punishable by death.

Friday, March 20, 2009

Obama on Jay Leno !

Obama on Jay Leno !

Watch :

Turn on the Volume !

Wednesday, March 18, 2009

Indira Gandhi's grandson Varun Gandhi vows to cut Muslims' heads

This is What Maneka Raised ! Indira was right !
:Varun Gandhi the grandson of Indira Gandhi and son of (estranged daughter-in-law) Maneka and Sanjay Gandhi. Sanjay Gandhi the elder son of Indira Gandhi was killed in a plane crash. Maneka his wife blames Indira Gandhi for his death.

India goes to the polls to elect a new parliament and government from April 16 to May 13

Watch his speech live :

Varun Then and NOW !

Another speech on Youtube !

NEW DELHI (Agencies) - Cracking the whip, the Indian Election Commission on Tuesday moved against Varun Gandhi, Bharatiya Janata Party candidate and a member of the Gandhi-Nehru family, for his anti-Muslim speeches and police quickly filed a case against him.

Varun Gandhi, the grandson of late Indian prime minister Indira Gandhi, (son of Sanjay and Maneka Gandhi) reportedly told a rally that his Hindu nationalist BJP would “cut heads of Muslims.”

According to footage aired by the NDTV news channel, Varun Gandhi also said Muslims “have scary names like Karimullah, Mazullah” and that “if you meet them at night you will be scared.”In a slew of decisions, the EC filed a criminal case under non-bailable law against BJP candidate in the Lok Sabha Varun for allegedly making inflammatory remarks with communal overtones and served notice to the party seeking its explanation.

The EC also directed the Uttar Pradesh Chief Electoral Officer to file a case against Varun Gandhi under Indian Penal Code and Representation of the People Act and issued a notice to him for violation of Model Code of Conduct. BJP was also slapped with a notice over Varun’s remarks.
The Election Commission has slapped a notice seeking his explanation.

Varun’s comments were criticised by the ruling Congress party, which is headed by Sonia Gandhi, the widow of Indira’s eldest son Rajiv, and the torchbearer of the Nehru-Gandhi dynasty.
Varun is the son of Indira’s second child Sanjay, a side of the family that was disowned by the dynasty. The Nehru-Gandhi dynasty has no blood relation to Mahatma Gandhi, the icon of India’s independence movement.
A Congress spokesman accused the BJP of being a party with an anti-minority ideology.

A BJP spokesman, however, insisted that “the traditional culture of BJP can never teach a person to speak so irresponsibly.”

At a time when everyone has come out in strong criticism for the young Varun Gandhi, there is some support for him as well. The editorial in today's Saamna, the Shiv Sena's mouth-piece has supported him.

Orchestrated Speech to Gain Attention ?

A day after the Election Commission filed a case against him for his vitriolic remarks against the Muslims, an unrepentant Varun Gandhi said he is the victim of a political conspiracy. He said he is well aware of his roots as a proud Gandhi, an Indian and a Hindu in equal measure.

In a brief statement to the media, Varun said there was an effort to malign his faith.

He also said that anyone attempting to identify with Hinduism was inevitably branded communal.

"I am a victim of political conspiracy," the young Gandhi, son of sitting Pilibhit MP and former central minister Maneka Gandhi, said on Tuesday. "I am a proud Gandhi, an Indian and a Hindu in equal measure," he said.

"Nothing I have said was to incite anybody. There is a rigorous attempt to malign my faith," he said, adding "each time anyone tries to identify with Hindusim, he is being branded communal."

"I am pro-India, I am not against anybody," he said.

Meanwhile, the BJP's allies are divided over this issue. While the party's ally in Maharashtra, the Shiv Sena has patted him on the back for his speech, Bihar Chief Minister Nitish Kumar has condemned Varun's remarks, terming them disrespectful.

Nitish says he is sure the BJP will take appropriate action against Varun Gandhi.

BJP's reaction - two voices !
EW DELHI: On the defensive over his anti-Muslim statements, BJP on Wednesday "dissociated" itself from and "disapproved" Varun Gandhi's

allegedly communal remarks in Pilibhit which have created a political storm.

"BJP disassociates from and disapproves of the statements attributed to him. He (Varun) has himself raised questions over the statements attributed to him and the Election Commission will deal with that," party spokesman Ravi Shanker Prasad told reporters on Wednesday.

"We have not received any notice from the Election Commission on the issue," he said.

Varun and the party had been under attack from rivals over the inflammatory statements made by the young member of the Gandhi-Nehru family in his speeches in Pilibhit

Meanwhile, party sources said the party denied permission to Varun Gandhi to hold a press conference at its headquarters here after which he decided to meet reporters at his mother's residence.

They said that Gandhi also talked to party chief Rajnath Singh and vice-president Mukhtar Abbas Naqvi on the issue.

It was total confusion and at Menaka Gandhi's residence after Varun Gandhi's personal bodygaurd allegedly manhandled journalists trying to enter the premises.

Personnel of news channels were asked to place their microphones inside the iron gates and journalists stopped outside the gates. Gandhi read out from a written statement.

Pakistan's most influential business magnates

Short-listing Pakistan's most influential business magnates or Groups has never been an easy task because there are the people who have been very powerful in nearly every regime that has held this country's reins since the last 60 years and then we have had those seasonal species that maneuvered their voice to be heard better than most within the power corridors, but later vanished into the oblivion for one reason or the other. We have selected only those tycoons who have made their presence felt for a better part of country's history, have earned consistently, have been setting up units at regular intervals or have been legends in stocks, currency or real estate business.

The list excludes many names that have previously qualified and all of Pakistan's most prominent feudal land lords who would definitely make it to the top 10, expect the few land owners which have declared their assets and work force and registered with the CBR Islamabad. In order to promote the new and "unknown" Pakistani magnates we have excluded in previous entities.

Unfortunately, our extensive research does not currently include the names of a few stars that shone brightly amidst the galaxy of the influential creed of yesteryear like C.M.Latif of BECO- the Steel Man of Pakistan- who did make a lot of name once, but then got gifted with contentment somehow, although the late business wizard got very badly hit by Bhutto's nationalization of 1970 which had inflicted an astounding thud to everybody in business then. Had it not been the case, many of our tycoons may well have managed to gain the kind of status greeting the likes of Birlas and Tatas in India today, if not the one saluting Bill Gates or Warren Buffet. Among these gifted individuals, you will find politicians-turned-businessmen, businessmen-turned-politicians or even the businessmen-cum-politicians. With malice towards none and with no intention to decorate somebody, We thus takes the pride of announcing these names. We hope this document will go a long way in serving as the most authentic endeavor of its kind for a very long time to come. It has been prepared very carefully in consultation with leading real estate barons, stock moguls, business leaders of virtue and senior bureaucrats at the Central Board of Revenue.

1 - Mian Muhammad Mansha Yaha Pakistan - Karachi-Lahore
Ranking: 1 Worth: £1.25b ($2.5billion)Industry: Businessman
Mansha has around 40 companies on board. Mansha, who owns the Muslim Commercial Bank is also setting up a $ 17m paper mill. He is one of the richest Pakistanis around. Nishat Group was country's 15th richest family in 1970, 6th in 1990 and Number 1 in 1997. Mansha is on the board of nearly 50 companies. He is deemed to have made investments in many bourses, currency and metal exchanges both within and outside Pakistan. He could have bought the United Bank too, but then who doesn't have adversaries. Nishat Group comprises of textiles, cement, leasing, insurance and management companies. If Mansha was bitten by Bhutto's nationalization stint of 1970, his friends think he was compensated by Nawaz Sharif's denationalization programme to a very good effect. There is no stopping Mansha and he is still on the move.
Nishat group assets are $4.4Billion. He is sometimes even regarded as the richest Pakistani around by his friends claiming he does not "show it off".

2 - Asif Ali Zardari Pakistan
Ranking: 2 Worth: £900m ($1.8billion) Industry: Politics
Asif Zardari dubbed "Mr 10%" an unknown happy-go-lucky son of a small-time businessman who struck gold by marrying one of the worlds most glamorous women Former Prime Minister of Pakistan Benzair Bhutto. Taking advantage of his wife's authority he is known to have taken kickbacks from many deals inside and outside of Pakistan. The most famous was a $4 billion deal to buy 32 Mirage jets from the French company Dassault. Documents, which include letters from Dassault executives, indicate an agreement was reached to pay a 5% "remuneration" - about $200m - to Marleton Business, a BVI company controlled by Zardari. Besides these many more kickback deals were taken with companies such as ARY Gold, Société Général de Surveillance (SGS), Cotecna, and ZPC Ursus, a Polish tractor company.
Zardari assets holding amount into hundreds of millions of dollars easily, Having 8 prime properties in the UK, of which once is the famous Rockwood Estate 365 acres in Surrey, worth £4.35m has now been sold and money sent back to the Govt. of Pakistan. Also 14 multi-million dollar mansions in the USA, including owning Holiday Inn hotel Houston, Texas Owned by "Mr 10%" and Iqbal Memon and Sadar-ud-Din Hashwani.
They (Zardari and the Late Benazir Bhutto) also have huge business ventures in the Middle East running into hundreds of millions if not billion mark. Mr Zardari also has huge stakes in sugar mills all over Pakistan,which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Sugar Mills, Badin, Pangrio Sugar Mills, Thatta and Bachani Sugar Mills, Sanghar.

3 - Sir Anwar Pervaiz UK
Ranking: 3 Worth: £750m ($1.5billion) Industry: Businessman
Chairman of Bestway Group. The Bestway Group started in 1976 with its first Bestway cash and carry warehouse opened in London. Today the have in total around 50 Cash and Carry's. Including their recent takeover of rival group Batleys for around £100m. Bestway Group ventured into Pakistan's huge the cement business in 1995 and set up cement manufacturing plant in Pakistan at a cost of $120 million.
Taking Advantage of Pakistan growing economy they also acquired a 25.5% stake in United Bank Limited in 2002. Today, the Bestway Group has interests in cash & carry wholesale, property investments, retail outlets, milling of rice, lentils and pulses, cement production and more recently into banking. The group's total sales amounted to in excess of £ 2 billion. The group provides direct employment to thousands in the UK and Pakistan. The have many interests in Pakistan too. Sir Anwar Pervaiz and his his partners sheer hard work has bought them to outstanding international levels, which definitely makes him an ideal role model for many young Pakistanis today. He still on the move!

4 - Nawaz Sharif & Shahbaz Sharif family Pakistan
Ranking: 4 Worth: £700m ($1.4billion) Industry: Politics/Businessman
Mr Sharif Businessman turned politician the former Prime Minister of Pakistan. He was ousted in a military coup in 1999 and was forced to forfeit $9million dollars and some of his assets including his $5m Mansion is Raiwind near Lahore. Before becoming PM he was a major share holder along with his brother and cousins of Ittefaq Group, having assets well in excess of £50m in the 90's. However he got richer when he took commissions from foreign companies for construction in Pakistan. He build the first motorway and many new roads and took heavy kickbacks. He then also stole $100m from the Iqra funds, he started a new scheme "Ghar Apna" in which he again looted around $40m, the "Mulk swaaro" scheme involving public & govt. money collections to help pay pf Pakistan's debts also was pocketed.

5 - Saddaruddin Hashwani Pakistan- Islamabad-Lahore-Karachi-Peshawar
Ranking: 5 Worth: £550m ($1.1billion) Industry: Businessman
Saddaruddin Hashwani is Chairman Hashoo Group is known for his dominance in Pakistan's hotel industry, though Hashwanis are have huge strength in real estate business too. Hashwanis are involved in trading of cotton, grain and steel and till the nationalization of cotton export in 1974, they were widely being dubbed as the Cotton Kings of Pakistan. Today, this group has excelled in export of rice, wheat, cotton and barley. It owns textile units, besides having invested billions in mines, minerals. hotels, insurance, batteries, tobacco, residential properties, construction, engineering and information technology. In 1984, Hashwani defeated the Lakhanis in the bid for Premier Tobacco but was arrested along with his brother Akbar in 1986 for allegedly evading customs duty on cigarettes. Sadarduddin's brother Akbar and the children of another late brother Hassan Ali Hashwani together manage around 45 companies. Akbar runs the second Hashwani Group. He is one of the most well-known magnates in Pakistan who is a regular invitee at the Diplomatic Enclave. The list of local and international bigwigs known personally to Hashwani is unending.

6 - Nasir Schon & family U.A.E/Pakistan-Karachi
Ranking: 6 (tied at 6) Worth: £500m ($1billion) Industry: Businessman
Nasir Schon is a prominent business leader of Pakistan and the CEO of Schon Group. Nasir Schon is the son of Captain Ather Schon Hussain, an ex-pilot of PIA. The Schon family are a prominant Muhajir Urdu Speaking business families in Pakistan. Starting off in Singapore in 1982, the peek of Schon group was in 1995 when they owned National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers. Famous for the trend-setting roundabout, Schon Circle, Nasir Schon is also known to be one of the first people to have a Rolls-Royce in Pakistan. The directors of Schon group were known to have close contacts with the husband of former Prime Minister, Asif Zardari. Now living in Dubai gave Nasir Schon an opportunity to start businesses there. Currently working on an $830 million real estate project known as Dubai lagoon. Currently, the Schon group operates a pilot training center in Pakistan known as Schon Air.

7 - Abdul Razzaq Yakoub & family U.A.E/Pakistan - Karachi
Ranking: 6 (tied at 6) Worth: £500m ($1billion) Industry: Businessman
Mr Yakoub is a prominent Pakistani expatriate businessman based in Dubai. He is the president ARY group ($1.5Billion turnover) and World Memon Organization (WMO). He is one of Pakistan's biggest media barons controlling around 7 channels. Besides this he has a huge property holdings in Karachi, Islamabad and Dubai amounting to over $200m. He is major in the gold market also having around 20 outlets in Asia. He has also been involved in paying Asif Zardari $5m in 1990's for allowing him to import/export gold. Which he denies and claim's is government forgeries.

8 - Rafiq Habib & Rasheed Habib Pakistan-Karachi
Ranking: 7 Worth: £450m ($900) Industry: Businessman
Legend has it that the Goddess of Wealth has been in love with the seasoned Habibs more than anybody else in Pakistan. Most pundits believe that Habibs own at least 100 companies throughout the world, but these content mega-tycoons never boast off, something which has made it uphill for most to predict about their financial standing. This industrial group was founded by Seth Habib Mitha, born in 1878 to Esmail Ali-a factory owner in Bombay. The financial strength of the Habibs can be gauged from the fact that Muhammad Ali Habib gave a cheque of Rs 80 million to Quaid-e-Azam in 1948 at a time when Pakistan government was penniless owing to delay in transfer of Pakistan's share of Rs. 750 million by the Reserve Bank of India. They had offices in Europe in 1912. They incorporated the Habib Bank in 1941. They own the Habib Bank A.G Zurich, Bank Al-Habib, Arif Habib Bank, Indus Motors manufacturing Toyota Corolla cars and many dozens of units in sectors such as jute, paper sack, minerals, steel, tiles, synthetics sugar, glass, construction, concrete, farm autos, banking, oil, computers, music, paper, packages, leasing and capital management. Habibs today are headed by Rafiq Habib, Arif Habib Rashid Habib in three distinct groups. What makes them extremely influential players of all times is the fact that for dozens of top businessmen today, Habib were a myth once.

9 - Tariq Saigol & Nasim Saigol Pakistan - Lahore
Ranking: 8 Worth: £425m ($850) Industry: Businessman
Hailing from Jhelum. The pioneer of the Saigol dynasty in 1890 was Amin Saigol who established a shoe shop that eventually transformed into Kohinoor Rubber Works. And then times saw them shining literally like the Kohinoor until their progress was halted by Nationalization in which they lost two-thirds of their wealth. Saigols got trifurcated in 1976 and 15 descendents of Amin Saigols four sons got a share. The name of the Saigols has been used in this part of the world as similes describing quantum of wealth. Yousaf Saigol, along with his brothers Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an excellent crop. In 1948, Saigols established the Kohinoor Textile Mills with a cost of Rs 8 million and this group happens to be the first to open an LC with the State Bank of Pakistan. They bought the United Bank in 1959 and then witnessed five of their units getting nationalized. They lived in Saudi Arabia during the Bhutto regime. Today, cousins Tariq and Nasim are holding the family's fort together and have risen to unprecedented heights in individual capacities. NAB did haunt Nasim but Tariq spent more time either accepting or refusing prized slots everywhere. Tariq is the one of the finest business brains around.

10 - Dewan Yousaf Farooqui Pakistan - Karachi
Ranking: 9 (tied at 9) Worth: £400m ($800) Industry: Businessman
Mr Farooqui. The mentor of this group has been the Sindh Minister for Local Bodies. Industries, Labour, Transport, Mines & Minerals. Dewan Mushtaq Group is one of the Pakistan's largest industrial conglomerates in sectors like polyester acrylic fiber, manufacturing and automotives. Six of their companies are listed at the Karachi & stock Exchange and one at the Luxembourg bourse. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea. The Dewan Salman Fiber is the pride of this empire as it ranks 11th in the world in total production capacity. The group owns three textile units, a motorcycle manufacturing concern and the largest sugar unit in the country. Dewans also have business interests in India. They possess dozens of millions of shares of Saudi Cement and Pak land Cement. They also have the franchise licence for BMW in Pakistan and now Rolls Royce showrooms.

11 - Sultan Ali Lakhani & family Pakistan - Karachi
Ranking: 9 (tied at 9) Worth: £400m ($800) Industry: Businessman
Kachi Speaking the Lakhanis were given a hard time at the hands of NAB. Sultan Lakhani and his three brothers run this prestigious group and the chain of McDonald's restaurants in Pakistan. NAB has alleged the Lakhanis of having created phoney companies through worthless directors and raised massive loans from various banks and financial institutions. Sultan is currently abroad after having served a jail term with younger sibling Amin, though the latter was released much earlier. NAB had reportedly demanded Rs 7 billion from Lakhanis, but later agreed they pay only Rs 1.5 billion over a 10-year period. Lakhanis, like their arch-rivals Hashwanis, are the most well-known of all Ismaeli tycoons. Their stakes range from media, tobacco, paper, chemicals and surgical equipment to cotton, packaging, insurance, detergents and other house-hold items, many of which are joint ventures with leading international conglomerates. Though Lakhanis are in turbulent waters currently, the success that greeted them during the last 25 years especially has been tremendous. They have rifts with large business empires despite being known fur their genteel nature. Whether it is any government in Sindh or at the Federal level, Lakhanis have had trusted friends everywhere, though the present era has proved a painful exception.

12 - Malik Riaz Hussain Pakistan - Lahore
Ranking: 9 (tied at 9) Worth: £400m ($800) Industry: Businessman
Malik Riaz Hussain heads the massive project which is currently developing state-of-the-art schemes in Lahore, Karachi and Rawalpindi/Islamabad. Emerging out of the blue, this developer has reportedly developed tremendous connections where it matters in Pakistan-One of the few reasons why his constructed projects get completed in time without hindrance. Whether he has gifted bungalows free of cost of country's bigwigs or offered them at highly concessional rates, the reality on the ground is that Malik has managed to mesmerize most through his generous wallet. His land-holdings both within and outside Pakistan amounts to nearly a billion dollar. He is the man behind the Bahria Town. Irrespective of who is in power; he continues to build house after house-swelling his wealth. He is also the first man to drive a Bentley car on Pakistani soil.

13 - Sheikh Abid Hussain alias Seth Abid Pakistan - Karachi
Ranking: 10 Worth: £390m ($780) Industry: Businessman
Sheikh Abid Hussain alias Seth Abid. He is one of the most resourceful developers/builders in the country owning vast stretches of land in major cities. On this land worth many billion of rupees, Seth has constructed residential schemes under the brand name of "Green Fort." Seth came into this business after decades of notoriety as being one of the spearheads in cross-border smuggling. While many remember Seth for his allegedly illegal trading stints, a lot of informed circles still say with conviction that he, along with Dr.Qadeer and former Premier Bhutto, was the brain behind the success of Pakistan's nuclear programme. About three dozen of Seth's very close relatives, friends and nephews are members of country's bourses and for many years now, the Seth Abid group assumes the role of king-makers during the annual polls of these stock exchanges. He is a leading investor in stocks, metals and currency but what gives him immense pleasure is his philanthropic institution Hamza Foundation that he sponsors for the welfare of deaf and dumb children. Pakistan has not had a single ruler, politician, bureaucrat or Army General who doesn't know the Seth who is more of a myth for most. The Seth, throughout his life, has avoided publicity-a fact known to most journalists.

14 - Mian Mohammed Latif Pakistan - Lahore
Ranking:11 Worth: £350m ($700) Industry: Businessman
Chenab Group Mian Muhammad Latif supervises this group along with his brother Mian Ashfaque- a legislator in the National Assembly of Pakistan. Founded in 1975, Chenab Limited set up its first fashion outlet "Chen One." Chen One has seven outlets throughout Pakistan. After establishing its retail chain stores in various cities of Saudi Arabia, the group is now planning to establish its new retail chains in Bahrain, UA.E, Qatar, Kuwait and Central Asian Republics. While Chenab Group is an eight-time Export Trophy winner, its Chief Mian Latif has won the 'Businessman of the Year award on four different occasions from various business bodies. Chenab is principally engaged in manufacture and distribution of clothing, furniture goods, including non-iron suit, quilt cover and curtains etc. Chenab processes 50 million square metres fabric weaving and 75 million square metres fabric dyeing every year and has established a global sales network spanning across five continents. Chenab is licensed to the Swedish Texcote Technology in the manufacturing and sale of textile materials, garments and textile house-hold goods. The group's textile products have been awarded the Oekotex 100 accreditation.

15 - Haji Abdul Ghafoor & Haji Bashir Ahmed Pakistan- Karachi
Ranking: 12 Worth: £330m ($660) Industry: Businessman
Sitara Group Started its activity with textile weaving as early as 1956, under brothers Haji Abdul Ghafoor and Haji Bashir Ahmed. It is now its textile cloth finishing and processing, textile spinning, chlor-alkali sector and in power generation. The units owned by this establishment include Sitara Chemicals, Sitara Chemicals (Textile Division 1) and Sitara Chemicals (Textile Division 11), Sitara Textiles, Sitara Energy and Yasir Spinning. The charities being managed under the aegis of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Children Hospital and Aziz Fatima Girls School. Sitara's name with the industrial City of Faisalabad is synonymous. They are the decades-old veterans in business, who have excelled in leaps and bounds. At their units, the owners of Sitara use technology imported from Japan, UK and Germany and are export leaders in bedding and fabric collection to South America, USA, Canada, New Zealand and Europe. Their textile divisions together operate at strength of 33,984 spindles. The Sitara (group, to a common man, is more famous for its lawn brands like Sitara Sapna and Mughal-e-Azam. The men at helm of affairs in Sitara hardly believe in setting up dozens of units, of which they are otherwise very much capable of.

16 - Sheikhani Family Pakistan - Karachi
Ranking: 13 Worth: £300m ($600) Industry: Businessman
They are one of the most reputed land developers in the country. The Sheikhani, although not a very big industrial establishment by any means, are led by Abu Bakar Sheikhani. The Sheikhanis are famous for their construction and land development-related errands. Abu Bakar is deemed to be one of the largest investors in real estate trade at Gwadar Port. He has all the right connections that are required to be in such business. Despite being well known to the national political circles, the man in street knew more of him during March/April 1991 when he surfaced as the single largest contributor to then Premier Nawaz Sharif's Debt Retirement Fund with a donation of $ 8million. Today, his adversaries dub him a land mafia man, alleging him for selling his Gwadar land at only $ 4000 per acre only to senior Army officials while the same was being sold at $ 2,50,000 per acre to ordinary investors. But that is the way Sheikhani runs his vast land/construction empire. Accusations don't disturb Sheikhani, who according to many large developers is a man who has managed to create tremendous impression in land business. The rumours of his landing in any Pakistani City for land acquisition purposes, helps the price of real estate surge unprecedented overnight

17 - Razzaq Dawood UAE / Pakistan - Karachi
Ranking: 14 (tied at 14) Worth: £250m ($500) Industry: Businessman
Razzaq Dawood belongs to the Memon community presently heads one of Pakistan's biggest construction and engineering conglomerate know as Dawood group/Descen group. With a roaster of impressive clients. His group has won many contracts in Dubai, Saudi Arabia and Iraq and employ's over 1,000 people directly. His name was more prominent among the top 22 richest families in 1970 until the Bhutto nationalization which then made him set up abroad, he returned to Pakistan in the early 90's and started from scratch and today makes it in the top easily. The group also has investment of $300m in Bangladesh in investments in fertiliser, energy and infrastructure and development sectors.

18 - Byram Dinshawji Avari Pakistan
Ranking: 14 (tied at 14) Worth: £250m ($500) Industry: Businessman
Byram Dinshawji Avari is a prominent Pakistani Parsi tycoon in Karachi, Sindh, Pakistan. Together with his sons Dinshaw and Xerxes and their direct families, he owns and operates the Avari Group of companies, of which he is the chairman. Hotel management is the Avari Group's core business. In Pakistan, the group owns and operates Avari Hotels which includes 5-star deluxe hotel in Lahore, the 5-star Avari Towers and the seafront Beach Luxury Hotel in Karachi. The group is also actively pursuing opportunities for owning and/or managing 3 and 4-star properties elsewhere in Pakistan. The Avari Group is the first Pakistani company to have obtained international hotel management contracts: they operate the 200-room 4-star hotel in Dubai in United Arab Emirates and manage the 200-room Ramada Inn in Toronto at Pearson Airport in Canada.

19 - Rafiq Rangoonwala Pakistan - Karachi
Ranking: 15 (tied at 14) Worth: £240m ($480) Industry: Businessman
Another Memon Mr. Rafiq Rangoonwala, Chief Executive Officer Cupola Group of Companies, was born in Karachi, did BA (Hons.) from University of Karachi, went to United States of America in 1979, and did Executive Development Course from Whittemore School of Business, University of New Hampshire along with several management courses from U.K, U.S, Canada, Australia and Singapore. In 1980, he started his career in Fast Food restaurants from KFC in Houston. Since then he has managed several other brands alongside KFC like Pizza Hut, Harry Ramsden's, TGI Fridays, Pizza Express etc. e joined Artal Restaurants International as CEO in October 1999 and is currently heading Cupola Group of Companies who has franchise rights in Pakistan for KFC, Indulge, Freshens and Casa. The associate Investment Company of Cupola is AL ABRAJ, with approximately US $400 million under management.

20 - Shimmy Querishi USA- Pakistan - Karachi
Ranking: 15 (tied at 15) Worth: £240m ($480) Industry: Businessman
A jet-setting international businessman who fly's by jet and swings a polo mallet with some of the world's top players, Qureshi seems a model of successful enterprise. Shimmys business interests are mainly property, which with the boom and his holidings has took his wealth to a new level. Although people may remember him for his stunt in the early 90's with George Lindemann, the billionaire founder of Cellular One, when Lindemann took him to court claiming he has cheated them in to a deal to buy their home on Hurlingham Drive in Wellington for $3.5 million. A year before the Lindemanns filed their suit, Qureshi bartered with another wealthy family - the al-Thanis, who rule the Arab country of Qatar - to buy Gulf Union Bank in the Cayman Islands.
In May 1997, the al-Thanis agreed to sell Gulf Union to International Business Holdings - a Cayman Islands company owned by Qureshi - for $4.5 million, according to court records.
While Cayman Islands officials were reviewing the deal, Qureshi named an associate, Kazmi, to run Gulf Union and a subsidiary, First Cayman Bank. Within three months, Kazmi, acting at Qureshi's direction, had shunted more than $5 million from First Cayman into his own account and into accounts held by Qureshi and the al-Thanis. Shimmy Qureshi also fully manages all the properties in the USA owned by Asif Zardari.

21 - Faruque Khan Pakistan
Ranking:15 (tied at 15) Worth: £240m ($480) Industry: Businessman
One of the only Pushtuns The late Khan Bahadur Ghulam Faruque Khan (1899–1992) was a politician and industrialist of Pakistan. He belonged to the village Shaidu in Nowshera District, Nowshera is the home of the famous Pashtun Tribe the Khattaks of the NWFP Province in Pakistan. Because of his contribution to Pakistan's Industrial development he is sometimes described as "The Goliath who Industrialized Pakistan., today his family own Cherat Cement Company Ltd. Cherat Papersack Ltd. Cherat Electric Ltd. Mirpurkhas Sugar Mills Ltd. Faruque (pvt) Ltd Greaves Air-Conditioning(pvt) Ltd Greaves Engineering Services(pvt) Ltd Unicol Ltd.- A JV Company Madian Hydro Power Ltd. - A JV Company Zensoft (pvt) Ltd and prime properties around Pakistan

22 - Shahid Luqman UK - Pakistan- Gujrat
Ranking: 16 (tied at 16) Worth: £230m ($460) Industry: Businessman
Shahid Luqman, born in Gujrat, is a financier from Manchester and has founded 'Pearl Holdings' for the property finance market He is a prominent property developer in the UK and in Pakistan is projects run into multi-million pounds. He also runs a loan facility. Although in the past it has been noticed of him filling bankruptcy and pocketing huge unpaid loans.

23 - Mukhtar Ahmed Pakistan - Karachi/Faisalabad
Ranking: 16 (tied at 16) Worth: £230m ($460) Industry: Businessman
Late Haji Sheikh Mohammad Ibrahim, founder of the Ibrahim Group, settled in Faisalabad after partition of India in 1947 and re-established his ancestral business of cloth trading by the name of "Ibrahim Agencies". What is known in business today as Ibrahim Group with diversified business interests from Spinning to PSF, Financial Institutions to Banking and Energy, started off as a mere cloth trading agency just half a century ago. Recently Mr Ahmed bought a stake in the Allied Bank at $300m.

24 - Aqeel Karim Dhedi Pakistan- Karachi
Ranking: 16 (tied at 16) Worth: £230m ($460) Industry: Businessman
Memon Tycoon starting from interests in real estate and stock-broking in the year 1947, the late Haji Abdul Karim Dhedhi (may he rest in peace) laid the foundation of what today is the AKD group of companies, one of the largest domestic business enterprises in Pakistan with a combined net worth of over US$ 1 billion, of which Mr Karim share is at $400m. Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, is the Chairman of the AKD Group. He has built the AKD Group as a leading and vibrant set of business enterprises operating in key sectors of Pakistan's economy, ranging from stocks and shares, media, textile, real estate and Oil and Gas exlporation. Yet AKD is still on the move!

25 - Syed Family Pakistan - Lahore
Ranking: 17 (tied at 17) Worth: £220m ($440) Industry: Businessman
Listed on all three stock exchanges in Pakistan, Packages Limited has maintained a long-time credit rating of AA. The joint ventures and business alliances with some of the world's biggest names reflect our forward-looking strategy of continuously improving customer value through improvements in productivity. The group also acquired a good number of Coca Cola plants in Pakistan. Its famous brands include Nestle Milk Pak, Treet, Mitchells and Tri Pack Films. It has stakes in the textile, dairy, agriculture and rice sectors too. The group's contributions towards the cause of an independent Pakistan are unprecedented are the only packaging facility in Pakistan offering a complete range of packaging solutions including offset printed cartons, shipping containers and flexible packaging materials to individuals and businesses world-wide. They employ over 4000 people.

26 - Saif Family Pakistan
Ranking: 17 (tied at 17) Worth: £220m ($440) Industry: Businessman
Saifullah family is owned and operated by the sons of famous NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah heads this very powerful business group. Javid obtained his Master degree in Business Administration from the University of Pittsburgh, USA in 1973, followed by diversified experience of over 30 years in textiles, telecommunication, cement and Information Technology. He also remained the Chairman of All Pakistan Textile Mills Association (APTMA) for two years and NWFP for seven years. He has also been the member Task Force IT & Telecommunication Advisory Board, Ministry of Science and Technology, Member of Task Force (Liberalization & Privatization of Pakistan Telecommunication Company Limited), Ministry of Science & Technology) Javed Saifullah Khan is looking after the group businesses for the past 20 years. Saifullahs are in power always, in one form or the other. Javaid's brothers Anwar Saifullah Khan (Former Federal Minister), Salim Saifullah Khan (king-maker in NWFP polities) and Osman Saifullah (another APTMA & wizard) have very close family ties with a lot of key politicians in the country, besides being related directly or indirectly through marriages to the families of a few leading and famous Army Generals who ruled Pakistan.

27 - Jehangir Elahi Pakistan
Ranking: 18 (tied at 18) Worth: £200m ($400) Industry: Businessman
Jehangir Elahi is brother in law of Mian Mohammad Mansha and is ranked among the tycoons in Pakistan. He has launched several projects as joint ventures with Mian Mohammad Mansha, as for example Genertech, one of the earliest private sector power plants conceived in Pakistan. Independently his group has four companies listed on the stock exchange.

28 - Sherazi Family Pakistan - Lahore
Ranking: 18 (tied at 18) Worth: £200m ($400) Industry: Businessman
This group was founded by Yousaf Sherazi, a former Income Tax official and journalist in 1962 with a capital of Rs 03 million only. The first company set by the Atlas Group was Sherazi Investments (Pvt) Limited and since then, there is no looking back. The East Pakistan tragedy, however, nearly crippled Sherazi but he never lost hope and went out forming numerous joint ventures with leading Japanese concerns like Honda. Atlas-Honda today is a name to reckon with in country's engineering sector and associated with this just one name are hundreds of vendors. He holds stakes in insurance, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides running a renowned firm that manufactures batteries. Sherazi owns the Atlas Investment Bank too. The Federal Budget 2004-05 is perhaps the only budget in country's history that has hit the very influential car manufacturers on the head, otherwise people like Yousaf Sherazi have always managed to dictate terms where it matters. The Atlas Group owns no less than seven companies quoted on the stock exchanges of Pakistan. The group's assets are believed to have touched the hundreds of millions dollars mark and so have the sales.

29 - Noon family Pakistan - Lahore
Ranking: 19 Worth: £190m ($380m) Industry: Businessman
Noon family comes from Tiwana family from Mitha Tiwana. The Tiwana family lives in an old historical village in Khushab district. The Tiwana caste is a very popular landholding and influential political caste in the Khushab district. The Noon Family own 27 villages in Bhalwal and Bhera. The fields of these villages are very cultivated and fertile. The Landlord Noon family created many bankers, industrialists, ambassadors and politicians for Pakistan. The Noon family is very popular in the area because of their character , their attitude,their behaviour with the people and helps the poor and needy people in the area without any prejudice so Noon family is very well-wisher,well-behaved ,sympathetic with the area. On their land they own over 40 factories on total ranging from brick manufacturing to cotton farms and production. They are a tax paying landlords for this reason they are the only feudal lords including in this edition.

30 - Mian Abdullah Pakistan
Ranking: 19 Worth: £190m ($380m) Industry: Businessman
One of the largest manufacturers and exporters of textile products in Pakistan, Sapphire technology comes from Europe, Japan and USA. Capitalizing on the region's principal crop, cotton, we source this locally, and augment our offerings by providing imported fiber from the world's best crops. We work with specialized fibers bringing in the newest innovations from major fiber and chemical producers, and our manufacturing from yarn to finished fabric is performed in our facilities in Pakistan. Synergies are formed with offshore garment manufacturing companies. Our products are marketed to the industry's biggest names in Asia, Europe, Australia, and North America. Over 14,000 employees ,Annual turnover US $ 500 Million
Headed by a veteran industrialist Mian Abdullah, this splendid empire owns 11 yarn spinning plants (producing 60,000 tonnes of yarn annually), 3 woven plants of greige fabric ( producing 50 million metres annually), one yarn dyeing plant (capacity 5 tonnes per day), one knitting unit (10 tonnes per day), one knitted fabric dyeing plant (10 tonnes per day), one woven fabric dyeing and finishing plant ( 1.2 million metres per month) and three power plants having the capability to produce 40 MW of energy. Sapphire forms synergies with off-shore garments companies. The group markets its products in biggest brand names in Asia, Europe, Australia and North America. Sapphire started with one spinning mill in 1969 and employs over 10,000 people. Mian Abdullah's repute can be gauged from the fact during the October 2003 minis at APTMA, more than 1000 textile millers bad tendered their resignations against incumbent Chief Waqar Monnoo to him. Dozens of leading tycoons had proposed his name to head APTMA in case of an interim setup. Having an influence among textile millers is no easy job but Mian Abdullah stands privileged in this context He is often seen part of the entourages of key business leaders to foreign countries and provides input to fellow colleagues whenever requested.

31 - Shahzad Family Pakistan - Karachi
Ranking: 20 (tied at 20) Worth: £170m ($340m) Industry: Businessman
Shahzad Group is a reputable name which takes pride in being identified as a beacon of business development involved in almost all avenues of Nation building activities i.e. Energy, Communications, Minerals, Construction, Geophysical survey, Security and many other ventures. Shahzad Group has , by itself, and in some cases in collaboration with foreign and local partners, who are the leading brand names in the world, identified, initiated, supervised and successfully completed major business ventures. Shahzad Group prides itself for its accomplishments during almost three decades of business activity. The Group has actively participated in enhancing Pakistan's international competitiveness and social development, and for promotion of foreign and domestic investment in business ventures. It takes pride in delivering quality products, solutions and services that obtain a competitive advantage over others.
The Group is a wholly owned Pakistani establishment with offices in Calgary (Canada), Houston (USA), London, Kuwait, Beijing and Singapore, with a strong presence in various other metropolises all over the world. Shahzad International Group of Companies,Oil and Gas,Gold and Minerals Mining,Geological surveys,Defence supplies,Travel and Tour Operators,Flash security services and Trading Worldwide.

32 - Nazir Family Pakistan - Faisalabad
Ranking: 20 (tied at 20) Worth: £170m ($340m) Industry: Businessman
One of Faislalabads most prominent families is the Haji Nair family. Owning Masoos textiles, Mahmood Textiles, Asim Textiles and power generation plants. Son of Mr Nazir Shahid Nazir is also a prominent politician.

33 - Abdul Bhati UK
Ranking: 21 (tied at 21) Worth: £150m ($300m) Industry: Businessman
Bhatti, 71, is a director of London-based wholesaler Bestway, which saw profits up 27% in 2005-06 at £73m on a turnover up 26% at £1.7 billion. Bhatti and his family have a stake worth £140m as well as other assets.

34 - Adalat Chaudhary UK
Ranking: 21 (tied at 21) Worth: £150m ($300m) Industry: Businessman
Director of the London-based Bestway cash-and-carry business established by Sir Anwar Pervez.

35 - Younis Sheikh UK
Ranking: 21 (tied at 21) Worth: £150m ($300m) Industry: Businessman
Bestway director Sheikh, 70, London cash-and-carry business Bestway continues to thrive.

36 - Chaudrey Zameer UK
Ranking: 21 (tied at 21) Worth: £150m ($300m) Industry: Businessman
Finance director of the London-based Bestway cash-and-carry business started in 1976 by Anwar Pervez . In 2004 Pervez stepped down as managing director, Choudrey took over. In 2005-06 Bestway profits rose 27% at £73m on turnover up 26% at £1.7 billion. Choudrey and his family have a 10.1% stake. They also own 70% of the Buybest supermarket chain in UK

37 - Zafar Iqbal Khwaja Pakistan
Ranking: 21 (tied at 21) Worth: £150m ($300m) Industry: Businessman
Zafar Iqbal Khawaja (born January 3rd, 1952) is a prominent Pakistani businessman who owns a number of companies around the world. He is better known in Pakistan as the "Prince of Sargodha". Also referred to as the "Shaheen of Sargodha" (The Eagle of Sargodha). Zafar Iqbal Khawaja, is the son of a significant military commando Muhammed Sadiq Khawaja, who worked with Muhammed Ali Jinnah (The Founder of Pakistan) during the 1947 partition of India and Pakistan. Zafar Iqbal Khawaja is most widely known as the Managing Director of a multi-million dollar company called Inter Equipment. It's Head Quarters are located at the Jebal Ali Free Zone, Dubai which is a recognized commercial capital of the Middle-East. In Mr.Khawaja's business circle, he is known for his commitment to honest work and his ethical manner of business. Within 15 years, he has developed himself from a fresh college graduate, into a business tycoon. Currently, he is in the process of writing an auto-biography describing his success story. This auto-biography would be a must-read for any business-person pursuing major success.

38 - Shahid Hussain Pakistan
Ranking: 22 (tied at 22) Worth: £130m ($260m) Industry: Businessman
With more than 325 retail outlets and 13 wholesale depots, Service Sales Corporation (Pvt.) Limited is the leading retail and wholesale company in Pakistan with annual sales $300m. The Company has established some of Pakistan's leading footwear brands including DON CARLOS, CHEETAH, SKOOZ, TOZ and LIZA and has distribution agreements with CATERPILLAR and NIKE. As part of our growth strategy, we have expanded our businesses to include Service Communications, Shoe Planet (Pvt.) Limited and Soul Collections.

39 - Younis Brothers Pakistan
Ranking: 22 (tied at 22) Worth: £130m ($260m) Industry: Businessman
Yunus Brothers is actively involved in international trading of various products including Cotton & Blended Yarn, Cotton & Blended Fabrics, Garments, Rice, Sugar, Fertilizer, Earth moving equipments, Chemicals, Spare Parts and Automotive Vehicles etc. Yunus Brothers is one of the largest export houses of the Pakistan exporting mainly to the European, US, Far Eastern, Middle Eastern and African markets. Yunus Brother's annual sales turnover exceeds USD 300/- million with 95% of the sales geared towards the export markets.

40 - Ghani Family Pakistan - Karachi
Ranking: 22 (tied at 22) Worth: £130m ($260m) Industry: Businessman
Another Memon Abdul Ghani Dada Bhoy was the founder of Dada Bhoy group, starting in trade and branching off into the construction business. The group has a big share of cement market in Southern Pakistan. Like other Memon groups, Dad Bhoys are closely linked through intermarriages with other leading families like Jaffer and Bawany. Abdul Ghani Dada Bhoy had five sons and two daughters, namely Noor Mohammad Dada Bhoy, Mohammad Farooq Dada Bhoy, Mohammad Hussain Dada Bhoy, Abdullah Hussain Dada Bhoy and Ghulam Mohammad Dada Bhoy. Daughters are Mrs Mehrunisa Jaffer and Mrs Zaibunisa Tanveer .

41 - Saddiq & Sons Pakistan
Ranking: 22 (tied at 22) Worth: £130m ($260m) Industry: Businessman
This group made the bulk of its fortune during the chief ministership and premiership of Nawaz Sharif when the group was sold Pasrur Sugar Mills for a token price of Rs one and its Chairman, Mohammad Saleem was appointed managing director of National Development Leasing Corporation (NDLC) replacing Rafiq Habib. Today the have invested huge amounts in prime properties around Pakistan.

42 - Afzal Kushi UK
Ranking: 23 (tied at 23) Worth: £120m ($240m) Industry: Businessman
Afzal Khushi, 51, managing director of Jacobs & Turner, last year received a CBE for services to business in Scotland. He and his brother, Akmal, 50, have made the £90m Glasgow sportswear firm a global business. They also have £30 other assets.

43 - Ghulam Hassan Khan Pakistan - Karachi
Ranking: 23 (tied at 23) Worth: £120m ($240m) Industry: Businessman
The SK group of companies shares a set of five core values: integrity, adaptability, excellence, unity and responsibility. These values, which have been part of the SK Group's beliefs and convictions from its earliest days, continue to guide and drive the business decisions of SK companies. The SK Group and its enterprises have been steadfast and distinctive in their adherence to business ethics and their commitment to corporate social responsibility. This is a legacy that has earned the SK Group the trust of many thousand of stakeholders The SK Group comprises of six operating companies in following business segments: Information technology, Real estate, Developer and Builders, Media, Welfare, Import and exports and CNG stations. The SK Group was founded by Sardar Gulam Hassan Khan Niazi in the mid 1980's. Sardar Khan Niazi and those who followed him aligned business opportunities with the objective of nation building. This approach remains enshrined in the SK Group's ethos to this day. Rose Shopping Mall
Companies owned by the family today: Paradise City, SK Trading, DUBAI Gasco 2000, chain of CNG stations SK Constructions , rose club, SK plazaz, Chuna Pa chain fast food chinese., SKN tust and sk farms.

44 - Kasim Dada Pakistan
Ranking: 24 Worth: £100m ($200m) Industry: Businessman
Kasim hails from a 19th Century Memon business family known to have possessed the vision of international trade when most of their contemporaries were rather naïve on this count. This family had offices in Burma, South Africa and countries of the Far-East long before 1940. Dadas, have held decisive positions at the Karachi Stock Exchange and own shares of various Pakistani and foreign monopolies without creating any hype. Kassim Dada's family is known to have held major local equity in multinationals like Glaxo SmithKline, Brook Bond and Berger Paints, besides being the sponsoring directors of Messrs Hyderabad Electronics, Automotive Battery Limited and Interfund Bank etc. Kassim Dada is one of the few Pakistani Tycoons who used to fly on private planes from Karachi to hit cement plants in Hyderabad. It was this family which had hired Mahatama Gandhi as a solicitor in 1890 to contest a business case in South Africa. Dada, was once a symbol of wealth. Had his assets not been nationalised by Bhutto he would definitely had the status many richest men in the world enjoy today.

Prominent family belonging to the Ahmadiya Jamaat. They keep a very low profile due to their religious affiliation and their true wealth is undetermined but it is believed that their wealth is around $200 million. They were audited by the Ahmadiya Jamaat for not giving 10% of their profits to the Jamaat. Nothing came out of the audit because they had hidden it well. Their main business includes Air Conditioning, Refrigeration & Heating. Air Conditioners, Airconditioning & Refrigeration Supplies & Parts Industrial Machinery & Services. Abrasives, Pressure Gauges, Sugar Mill Machinery & PartsMiscellaneous.Cork & Cork Products

46. Another Prominent family from the Lahori sect of Ahamadiya Jamaat. Shahnawaz (Pvt.) Limited represent in Pakistan the complete range of Mercedes-Benz vehicles, including Passenger Cars, Vans, Buses & Trucks. Their plan to set up a Mercedes plant was canceled after protests by the religious right. Shahnawaz group offers a country-wide network comprising of full fledged Sales Offices and Spare-Part / Service centres at Karachi, Lahore, Rawalpindi, Islamabad & Peshawer. Their true wealth is also undetermined because of their low profile but it is thought they are worth a $1 billion.They own the following companies in Pakistan Shahnawaz (Pvt.) Limited, Shahnawaz Engineering (Pvt.) Limited, Shahtaj Textile Limited,Shezan International Limited, Comstar ISA Limited, Shahtaj Sugar Mills Limited, Hattar Food Products Limited, Shezan Services (Pvt.) Limited, Shahnawaz Textile (Pvt.) Limited, Nawazabad Farms, Shahtaj Services (Pvt.) Limited.

47. Mir Shakeel-ur-Rehman
Owner Geo and Jang group of Newspapers.
Undetermined - Estimated $350 million.

48. Bosicor Group - Pervaiz Abbasi - Karachi
Owner Bosicor Refinery in Hub.
Undetermined - Estimated $300 million.

49. Haleem Siddiqui - Karachi
Karachi Port Operations
Undetermined - Estimated %500 million.

50. Bawani Group of Industries - Karachi
Real Estate
Undetermined - Estimated $200 million.

51. Isphanis Group
Tea, Real Estate, etc.
Undtermined - Estimated $200 million

52. Adamjee Group
Former Insurance, Real Estate.
Undetermined - Estimated $100 million

Sunday, March 15, 2009

We Miss you Already

Pakistan is at war with itself, with blackouts, corruption and terror attacks. Now there are calls for the return of the reviled Musharraf

By Fatima Bhutto

Pakistan has become a very unusual place. In Lahore, the heart of Pakistani cricket, the Sri Lankan cricket team was attacked in broad daylight by masked gunmen carrying guns and rocket launchers, because you never know when a rocket launcher will come in handy during an urban attack. The government had been warned of a potential terror threat but, true to form, ignored it. After killing eight people, mostly policemen, and wounding several others including the foreign cricketers, the gunmen ambled leisurely away. They were caught on CCTV camera calmly mounting their motorcycles and surveying the scene before deciding they had other places to be.
Immediately the cacophony of ludicrous claims hit the media. “The attack is to ruin our [the ruling party’s] image,” bellowed Raja Riaz, a Pakistan People’s Party hack. Er, no. “The motive was to damage the state of Pakistan and end cricket here,” said Imran Khan, head of the Tehreek-e-Insaf party. Er, no. The Pakistan cricket team are perfectly capable of ruining the state of cricket in the country on their own; masked gunmen are not required, thank you very much. Incidentally, on Monday night local police attacked the offices of Khan’s party brandishing Kalashnikovs and pistols. It’s probably not a coincidence that Khan has been openly critical of the Zardari government.
It’s fear. That’s what it is. It’s the state of a nation at war with itself. When vigilantes armed with sophisticated weaponry can attack a team of cricket guests (and there are no guests more esteemed in south Asia) in the middle of the afternoon, what they’re telling you is that no one is above the reach of the terror that has taken over Pakistan. It’s startling how adept this government has been at losing control of law and order, leasing out Pakistan’s stability for an increased role in the war on terror in preparation for the troop surge in Afghanistan, and generally running the country to rot.
“Droned” is a verb we use now in Pakistan. It turns out, interestingly enough, that those US predator drones that have been killing Pakistani citizens almost weekly have been taking off from and landing within our own country. Secret airbases in Balochistan – what did we ever do before Google Earth?
The PPP-led government, hailed as being “democratic”, capitulated to the Pakistan Taliban’s demands for sharia law in the Swat Valley in February. There was no vote, no referendum, nothing. The government, tired of fighting those pesky militants who’ve been burning down Sufi shrines and local girls’ schools, just declared that a part of the country would be ruled no longer by federal law, but by a myopically interpreted and Taliban-approved “Islamic” code. And verily it shall be.
We’ve just had senate “elections”. Of course, there are no actual elections involved: the ruling party puts forward winners and they end up in parliament. On Monday, in a shock move, President Asif Ali Zardari’s former attorney, who defended the erstwhile criminal on corruption and murder charges, was made chairman of the senate. What a gas!
Meanwhile, with Delhi still beating war drums over the November Mumbai attacks, our former dictator/president Pervez Musharraf travelled to India recently, and there he warned our neighbours of an all-out war should they strike Pakistan. He also let us know that he is ready to return to the call of political duty. Outsiders might be confused at this change in the situation – what’s he doing there? Didn’t he resign in August? Here’s the beauty of it all: Musharraf’s re-emergence has many middle-class Pakistanis excited and hopeful. Is he back?! A series of op-eds in a local English newspaper (not highly censored because no one reads them) was titled “Why I miss Musharraf”. When a dictator tickles your fancy, you know something has gone very, very wrong.
So, the mood in Pakistan is one of confusion. How did we come to this? How do we get out?
On the eve of spring, it is the same problems that blight the country’s poor – there is no electricity, there is no potable water, and food inflation continues to rise. The newspapers warned us this week that “load shedding” in the summer will be some 15 hours long, which is not that bad considering the fact that we’re sitting in darkness for 12 hours a day now. Pakistan has long missed its millennium target goals of eradicating polio, largely because we can’t keep the electricity going long enough for the vaccines to be properly refrigerated, so they keep going bad. And we’re a nuclear country, a grossly corrupt one at that.
The press censorship continues unabated with future threats of an absolute blackout on any criticisms of the government safely enclosed within the Prevention of Electronic Crimes Act that the parliament is currently sitting on. The bill, which imposes jail sentences from three months (for having an email account not registered in your real name) to the death penalty, and criminalises the acts of “spoofing”, “spamming” and “character assassinating”, will apply to the width and breadth of the country and to any person, regardless of nationality or citizenship. It will crack down on all objectionable – the definition of what is objectionable is typically vague – messages sent via, but not limited to, “electrical, digital, analogue, magnetic, optical, biochemical, electrochemical, electromechanical, electromagnetic, radio electric, and wireless technology”. So any subversive content found on cell phones, computers, or toasters will soon be illegal. Your head should be spinning by now.
Pakistan is in a dire situation. Religious extremism, violence and a faltering economy have made the state of affairs here decidedly grim. Joe Biden and John Kerry see American dollars as the only way of helping Pakistan stave off extremism; but Yankee aid donations and senatorial money will not help us now. It is estimated that President Zardari and his late wife, Benazir Bhutto, stole between $2bn and $3bn from the country’s treasury during their two previous stints in power. Now Zardari has claimed his personal wealth to be somewhere in the ballpark of $1.8bn. Nawaz Sharif, leading coalition partner and head of the Pakistan Muslim League, declared his fortune to be not as grand, at only $1.4bn. You do the maths.

Saturday, March 14, 2009

Nawaz Sharif's Long March ! The War is between the Left and the Right !

All in a nutshell !
The war is between the Secular PPP-MQM-ANP on one side and PML(N)-JI on the other has the whole country reeling with turmoil.
The religious forces are loosing their grip on power after a clear drubbing by the Musharraf government for 9 years. JI is using PML(N) once a 'center right' party to get into the corridors of power. PML(Q) is on the fence Watching the show. Its clearly looking at Musharraf to join its ranks in 18 months. (Musharraf has to be out of politics for 2 years after leaving the army).

NAWAZ Sharif’s declaration, that matters will now be settled on the streets, and Raja Pervez Ashraf’s statement, that attempts at reconciliation have been abandoned, have taken the political crisis in the country to new heights.

Normally, parliament is the forum where political battles are fought. That is the democratic norm to which the PML-N continues to be publicly committed. However, Nawaz Sharif’ pronouncement indicates that the PML-N has jettisoned the parliamentary route and opted for flexing its muscles on the streets.

PML-N politics since Nawaz Sharif’s second return to the country has centered around an absolutely uncompromising one-point agenda -- the restoration of Iftikhar Chaudhry as Supreme Court chief justice. The judicial crisis is essentially a political issue and politics is the art of compromise. Adopting uncompromising positions is tantamount to creating a deadlock and that is precisely what the PML-N appears to have done. Certainly, the PPP has reneged on agreements and the imposition of governor’s rule in Punjab is indefensible; however, a refusal to negotiate on a give-and-take basis amounts to allowing force to prevail over democratic processes.

The current crisis is stated to have been triggered by the disqualification of the Sharif brothers and the imposition of governor’s rule in Punjab. However, the crisis can be said to have been initiated by the PML-N decision to participate in the lawyers’ long march. The PPP is in government at the centre and was in coalition with the PML-N in Punjab. In this context, the PML-N’s decision to march against the federal government of their provincial coalition partner sealed the fate of the Punjab provincial coalition government.

From the PPP’s perspective, the PML-N could not be expected to run with the hare and hunt with the hounds. The PPP and its coalition partners in the federal government command a clear majority in the National Assembly and, from their perspective again, an opposition party in the centre cannot be allowed to dictate policy to the federal government, even if that party is the ruling party in one of the provinces. Two important coalition partners, the ANP and MQM, have publicly disassociated themselves from the lawyers’ movement with the former explicitly stating that the NWFP has other priorities.

However, the PML-N’s position cannot be dismissed out of hand, despite the questions it raises. The PML-N has chosen to place the restoration of Iftikhar Chaudhry above the imperatives of a serious economic crisis and the security challenges facing the state of Pakistan, with insurgents striking in Punjab as well, including in the heart of Lahore. It was perplexing to find that hours after the terrorist attack on the Sri Lankan cricket team in Lahore -- an event with international repercussions -- Shahbaz Sharif addressed a press conference and continued to dwell upon the issue of restoration of the judiciary. This single-minded pursuit of a one-point agenda to the exclusion of all else merits a closer analysis and explanation.

The answers to the conundrum can perhaps be found in the arithmetic of electoral results. It is pertinent to note that, despite being billed as one of the two national parties with Nawaz Sharif as a national leader, the PML-N has emerged in the 2008 elections as a regional party representing Punjab and Hazara. The party has no representation whatsoever at either the national or provincial levels in Sindh and Balochistan or from the majority Pakhtun areas of the NWFP. That PML-N has been able to carry forth its current campaign only in northern Punjab cities underlines its geographically narrow political base.

PML-N’s jettisoning of the parliamentary route can, therefore, be attributed to the fact that it does not command the numbers in the National Assembly and in the Senate to be able to possess an effective say in national decision-making. The recent Senate election underscored the PML-N’s marginalisation, except in Punjab. Its coalition status government in Punjab did provide it with a tenuous hold therein. However, seasoned power brokers know that real power rests in Islamabad. And having been in power for most of the last 30 years, Nawaz Sharif is fully aware of this reality. Of course, the PML-N can wait for the next elections due in 2013 to improve its electoral fortunes, but appears to be unwilling to sit out of the corridors of power for that long. This may explain its current confrontational extra-parliamentary politics.

The alleged unwillingness to remain in opposition for another four years also needs to be accounted for. Two explanations can be forwarded. One is that the Punjabi elite has held virtually absolute power since the military coup in 1977. However, the party configuration in parliament that the 2008 elections has thrown up has placed regional forces from Sindh, the NWFP and Balochistan in a decisive position and they are asserting their claims on state resources.

Resultantly, the Punjabi elite is no longer in a position to use its hitherto near-monopolistic influence in the federal government to sway resource-allocation decisions. And having thrown its weight behind the PML-N, it now finds itself on the wrong side of the power fence. Thus, its backing of the PML-N attempts to create centres of power outside parliament.

The other explanation for the PML-N’s alleged unwillingness to play the role of the parliamentary opposition for long can be found in the ideological composition of the PML-N and its allies. Many of the stalwarts of the PML-N have previously been affiliated with religious parties. These parties have now also allied themselves with the PML-N in the confrontation with the government in Islamabad. The PPP, ANP and MQM are perceived to be committed to a Pakistan that is free from religious bigotry. As such, the religious establishment too can be seen to be unwilling to tolerate, for the next four years, a government that is not only unsympathetic to their cause but is out to curb their influence. They do not want to risk seeing their gains since the Ziaul Haq days whittled away.

The battle lines are, therefore, drawn on two fronts. One divides the northern Punjab elite and the rest of the country; the other divides overt and covert proponents of varying degrees of religious theocracy and those who wish to see an enlightened society in the country. The present confrontation around Iftikhar Chaudhry’s reinstatement and the imposition of governor’s rule in Punjab, couched in moralistic terms, are mere symptoms of a deeper struggle for power and for control. Which way the conflict settles will decide the future of democracy in the country and of the country itself.

Wednesday, March 11, 2009

Musharraf Travels to India for Cathartic Debate

Former Pakistani President Pervez Musharraf jousted with Indian questioners about how to improve one of the world's most dangerous relationships

NEW DELHI -- He came. He sparred. And in the end, he received a standing ovation from the combative crowd.

Former Pakistani President Pervez Musharraf, who won power in Pakistan during a 1999 military coup and was ousted last summer, asked the Indian audience he spoke to Saturday to accept Pakistan. He appealed for India's help in curbing violent religious extremism, rather than demonizing Pakistan as a source for it. And he said he had come to India as "a man for peace," describing years of official and back-channel talks to settle sea and land border disputes that have plagued the two nations since they were formed by the bloody 1947 partition of British-ruled India.

In between a polite welcome and the warm conclusion, Mr. Musharraf also jousted with Indian questioners about how to improve one of the world's most dangerous relationships. Nuclear-armed India and Pakistan are burdened by a past that includes three wars, a present relationship strained from the Mumbai terrorist attacks and the looming prospect that a new strike could trigger another conflict.

Mr. Musharraf tried his best to steer the countries from confrontation, in a long discursive meditation about burying the past and tackling problems together.

"We have done enough damage to each other," he told a conference hosted by the news magazine India Today. "We should try for peace now, with equal zeal that we had confronting each other."

It was his first trip to India since being driven from power in August last year, and it comes at extremely delicate time. Pakistan's civilian government, led by the new president, Asif Ali Zardari, is embroiled in several crises -- including a violent militancy, a struggling economy and an energized political opposition.

Foreign governments fear that Pakistan's instability poses a threat to others. India, in particular, has been scathing.

"In Pakistan, with regret, I would say we don't know who is in control there -- whether it is the army or the president or the government,' ' the Press Trust of India news agency quoted Indian Home Minister Palaniappan Chidambaram as saying Friday. "It is not a failed state, but it is threatening to become one." A home ministry spokesman couldn't be reached over the weekend to confirm his comments.

In late November, militants arrived in Mumbai from Pakistan, officials from both countries say, and a gun and grenade siege on hotels and restaurants left more than 170 dead. Last week, about a dozen gunmen attacked the Sri Lankan cricket squad in the Pakistani city of Lahore, killing six policemen and two others before escaping. Critics of Pakistan say the attacks show its security forces are, at best, ineffective and, at worst, complicit in the attacks.

The former president and ex-army chief -- who oversaw a brief 1999 battle with Indian forces in the contested region of Kashmir -- rejected any official role in the attacks. He also jabbed back at critics.

When challenged about the role Pakistan's army and Inter-Services Intelligence agency played in fostering Islamic militants, Mr. Musharraf said there was plenty of evidence to show India's spy service, known as the Research and Analysis Wing, has helped antigovernment fighters in Pakistan.

'Your RAW does exactly to us what our ISI does to you," he said.

Mr. Musharraf has kept a low profile since his ouster. He seldom speaks to the media in Pakistan, and has avoided criticizing the current government. His public appearances overseas have been rare. But on Saturday, the 65-year old retired general, wearing a business suit with a tie of deep purple, seemed to relish being back in the spotlight.

"I can go on for ten hours," he said at one point.

Mr. Musharraf made the trip despite friends, and his daughter, urging him to cancel because of hostilities between the two countries. Late into the night, though, both the speaker and his crowd seemed to recognize the cathartic nature of the debate. Even skeptics of his arguments gave him credit for showing up.

"It was a brave attempt," said Deepak Kapoor, managing partner in India of PricewaterhouseCoop ers Pvt. Ltd.

An Indian foreign ministry spokesman said there were no official meetings planned for Mr. Musharraf. Before his departure from Pakistan Friday, Mr. Musharraf said he may meet with former Indian Prime Minister Atal Bihari Vajpayee, his counterpart in some of the peace talks.

He gave few clues about his own future. Although he said he was enjoying his retirement, Mr. Musharraf didn't rule out a return to public life. He allowed that he would be interested in a peace-brokering role between the two nations, when it was suggested by a questioner. Some in the audience admitted to nostalgia for a Pakistani leader clearly in charge of the country.

"He's received a fantastic reception," said Venu Nayar, a sales director for a petrochemical company. "We Indians have very short memories.