Sultan Ali Lakhani
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Sultan Ali Lakhani is one of the richest people in Pakistan. He has a B.A degree in Economics from Karachi University. Sultan Ali currently holds the following positions:
- Joint owner the Lakson Group
- CEO of Century Publications (Pvt. Ltd.), Editor-in-Chief of the Daily Express & Express News Channel (Pvt. Ltd.)
- Honorary Consul General of Mexico in Pakistan
- Member, Senate (Upper House) of Pakistan from 1987 to 1994
- Advisor to the Century Insurance Company Limited[1]
[edit] Criticism
Sultan Ali caused controversy in 2006 when a legal notice was served against him. Allegations accused his newspaper of printed false stories regarding the televising of a Sports Cup.[2]
Sultan Ali Lakhani was questioned by the National Accountability Bureau (NAB) in Spring 2000 regarding alleged charges which include: underwriting bonds to a member of Pakistan's political dynasty, evasion of excise duty, concealment of foreign property and Merchant banking in domiciled offshore institutions to avoid paying tax.[3]
[edit] References
- ^ "The Executive Committee". Century Insurance Company Limited. http://www.cicl.com.pk/html/management.htm. Retrieved 15 October 2010.
- ^ "unknown". International News Pakistan. http://www.thenews.com.pk/top_story_detail.asp?Id=3585. Retrieved 15 October 2010.
- ^ "Lakhani brothers in NAB hands". DAWN Group of Newspapers. http://www.karachipage.com/news/May_00/051000.html. Retrieved 15 October 2010.
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