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November 24, 2006
Friday
Ziqa'ad 2, 1427
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List of ZTBL defaulters
By Our Reporter
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
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