Why u r so jealous of his british nationality, and its not sin, on this forum there will be many pakistani's who have foriegn nationality!!
@ BaneBlade why u talk abt Altaf's Residence??
I think u have forgotten Nawaz Sharif's helicopter, his thousand acre raiwand mehel, and Itefq group!! And one more thing Altaf Hussain is surely more eduated then nawaz sharif,
he was doing M.Pharm from Karachi University, when JUI attacked urdu speaking peoples of KU and then Altaf Hussain laid foundation of AMPSO!! I dont know if he also got education from UK!
Here's info abt nawaz sharif's ittefaq group!!
The new industrial units were set up with electrifying speed in the 1980s while Nawaz Sharif was the finance minister and later Chief Minister of Punjab province. Ittefaq Sugar Mills was set up in 1982, Brothers steel in 1983, Brother's Textile Mills in 1986, Ittefaq Textile units in 2-3 in 1987, Khalid Siraj Textile Mills in 1988.
During first Benazir govt when Nawaz Sharif was the uncrowned King of the powerful Punjab province, the group started work on Brothers Sugar Mills and Ramzan Sugar Mills which turned out to be the last project set up under the banner of Ittefaq. As soon as Nawaz Sharif became Prime Minister in 1990, Mian Mohammad Sharif switched over to setting up projects independent of the other partners, thus laying the grounds for split.
It was said that when Nawaz Sharif became prime minister, the group took a decision to secure project loans from the foreign banks and only working capital was taken from the nationalized commercial banks. The project financing from foreign banks was ostensibly secured against the foreign currency deposits, a number of which were held in benamee accounts, as repeatedly claimed by Interior Minister Naseer Ullah Babar at his press conferences.
At a press conference in Islamabad, on August 3, 1989 Shahbaz Sharif was gave the assets of the group at Rs 3.6 billion, but the report of the Cooperative Scam Tribunal estimated the group assets in 1989, according to their own declaration at Rs 6 billion.
In 1992 when Salman Taseer, Information Secretary, PPP released an account of Nawaz govt's corruption in a booklet "The Plunder of Pakistan" a spokesman of House of Ittefaq said in a counter statement that the group has incurred loans worth Rs 4,420 million only from the commercial banks contrary to Salman Taseer 's claim of Rs 12 billion. According to the spokesman, the group comprised only 14 companies in its fold with assets of 6 billion.
H U Beg Committee, set up by Nawaz govt in 1990 to investigate the allegations of concentration of wealth had identified 19 companies in the House of Ittefaq with assets worth Rs 10 billion and for the purpose of ranking in this book. I have relied on the estimates of the H U Beg Committee. However at a press conference in Islamabad, on March 2, 1994, Khalid Siraj, a cousin of prime minister claimed that the assets of the seven brothers were valued at Rs 21 billion.
Quaid-Azam, Allam Iqbal, ZA Bhutto etc.
