List of ZTBL defaulters -DAWN - Business; November 24, 2006

ISLAMABAD, Nov 23: Zari Taraqqiati Bank Limited (ZTBL) here on Thursday provided to the Public Accounts Committee (PAC) the list of 47 industrialists who were written off Rs4.48 billion under the October 2002 remission of the State Bank of Pakistan for write-off of irrecoverable loans and advances.

The committee was informed that ZTBL had written off over Rs4.5billion irrecoverable loans to 11,964 defaulters under the SBP Circular No. 29 BPD. However, the irony was that a bigger chunk of the money went to only 47 industrialists, while only Rs400 million went to the rest of small farmers.

S.No.	Name of Project Main Sponsor	Write-off (Rs in million)	Region Name

1	Abdul Sattar Baluch	7.912	Karachi
	Abdul Sattar Baluch
2	Agri Project	26.063	Karachi
	Ahmed Shah Shahzada
3	Agro Tech Associates	5.215	Lahore
	Ch. Umer Asadullah Bajva
4	AM Pak Dairies	113.651	Lahore
	Muhammad Ayaz
5	Compact Particle Board	33.016	Lahore
	Ch Shah Muhammad
6	Diamond Breeders	10.254	Lahore
	Ch Muhammad Ishaq
7	Drilling Engineer Pvt Ltd.	0.804	Lahore
	Jehanzeb Burki
8	Fine Foods Ltd.	5.853	Karachi
	Saleem Ahmed Khan
9	Ghafco Industries	14.669	Karachi
	Mahmood Ashraf Khan
10	Ghousia Oil Mill	0.397	Muzaffargarh
	Ch Muhammad Mushtaq
11	Golden Chicks	7.646	Rawalpindi
	M Abdul Wadood Khan
12	Grain Tech Pvt Ltd.	40.45	Lahore
	Khalid Umer Khakwani
13	Haji Ashiq Pehlwan	1.907	Lahore
	Muhammad Farooq
14	Hepco Pvt Ltd.	50.187	Rawalpindi
	Taimur Hassan Amin
15	Ice Pac Ltd.	13.535	Lahore
	Mansoor Arifeen
16	Imran Oil Extraction	36.992	Lahore
	Danish M Khan (Late)
17	Kabir Fertilizer	217.212	Karachi
	Khwaja Kabir Amed
18	Kashmir Edible Oil	317.931	Lahore
	Haroon Rashid
19	Mian Brothers Dairy Farm	2.455	Lahore
	Muhammad Aslam Khan
20	Khawaja Oil Mills	0.251	R Y Khan
	Khawaj Arshad Ahmed
21	Khiljee Ind Pvt Ltd	50.508	Lahore
	M Rafiq Khiljee
22	M A Farms	1.268	Karachi
	Ateeq Muhammad Mustafa
23	Marium Feed	4.579	Karachi
	Sardar M Iqbal Khan
24	Masraf Agro Services	1.369	Lahore
	Syed Mansoor Ali Shah
25	Mian Muhammad Sugar Mill	584.902	Rawalpindi
	Mushtaq Ahmed Bhatti
26	Milk Ways Limited	342.254	Lahore
	Ch Nazir Ahmed
27	Modern Sargodha S Board	19.817	Sargodha
	Muhammad Ashraf
28	Monoo Dairies	136.642	Lahore
	Muhammad Irfan Monoo
29	National Agro Service	63.604	Lahore
	Hasan Masud Malik
30	Qadri Industrial Corp	15.551	Lahore
	S Saleem Hussain Qadri
31	Ravi Agri & Dairy Prod	509.726	Lahore
	Ch Mohammad Akram
32	S & W Storage	10.151	Gujranwala
	Ch Iftikhar Ahmed Chatta
33	S. S Oil Mills	372.419	Lahore
	Shahzad Ali Khan
34	Sanam Flour Mills	3.4	Lahore
	Pir Ghulam Safdar Rasool
35	Sargaroh Farm Aid	2.216	Lahore
	Asif Sharif
36	Shah Live Stock Farm	8.286	Karachi
	Mrs Kishwar Rizvi
37	Shan Feed Ltd	434.538	Karachi
	Jam Sher Ali Khan
38	Sirani Oil Mills	0.521	Bahawalpur
	Cap Shehrez Latif
39	Standard Food Pvt Ltd	0.757	Lahore
	Habibullah Khan
40	Suraj Mukh Co	103.547	Rawalpindi
	Malik Asad Khan
41	Tauqeer Wild Life	0.013	Lahore
	Tauqeer Hussain Shah
42	Agri Ind.	34.194	Lahore
	Haji Habib ur Rehman
43	Thall Dairies	4.831	Muzaffargarh
	Rana Nazir Ahmad Mujahid
44	Transtech Ltd.	403.385	Lahore
	Rabnawaz Khan Khichi
45	Usman Cold Storage	0.691	Sheikhupura
	Malik Muhammad Arshad
46	Zakia Dairies/Margala Dairies	70.564	Rawalpindi
	Shafi Ullah Khan
47	Zamindara Paper & Board	62.729	Lahore
	Abdul Hameed Ch.
	Total:	Rs4.48 billion