0
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 |
Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com. Read moreLatest StoriesMeta's social networks down for thousands of usersSupreme Court to lift austerity measures from June 15Former senator Taj Afridi dies in M-1 motorway crashPM Shehbaz stresses importance of 'strong security' ahead of budget presentationMQM-P delegation calls on PM Shehbaz ahead of budget; party leader says Rs20bn allocation sought for Karachi projectsSpaceX IPO makes Elon Musk the world's first trillionaireOpinion Pakistan’s AI checklistIf AI is to be embedded into governance, we cannot rely entirely on foreign models.
 Is K-IV a pipe dream? Drugs and teens Missing middle Regulation and deregulationEditorial A difficult storyUnless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
 Rough watersAMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised footballALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
 GB polls’ aftermathThe new administration must address the region’s issues proactively.
Peace in retreatTHE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good menIT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
|
