Mian Mansha Net Worth - $2.7 Billion. Mian Muhammad Mansha (Urdu: ) is a Pakistani business magnate and billionaire. How do you create an environment where youre surrounded by people who lift you up and feel genuine concern for your wellbeing? Mian Mohammed Mansha is Chairman and CEO Nishat Group, a Pakistani multinational conglomerate company. [2] Mansha and some of his immediate family members are among the richest and highest tax-paying individuals in Pakistan. She mentioned only one bank account in her tax filing with an amount of Rs803,376,729 in the Royal Bank of Scotland, Egerton Road Branch, Lahore. In 2015, the bank generated around 66.43 billion which makes it one of the well-performing banks of Pakistan. Another account in Barclays Bank Lahore has a balance of Rs20,882. Pakistans richest person Mian Muhammad Mansha, who has been named in almost every offshore leak reported so far, is now named in the OCCRPs #SuisseSecrets. His father and uncles jumped into textiles with Nishat Mills in 1951. Eventually he became a contractor and established his construction company named Hussain Global which ended up as Bahria Town in 1996. [8], MCB Bank is one of the four largest banks in Pakistan. Runner ups in the list of richest Pakistani men. He did his early schooling at Sacred Heart Convent, Faisalabad, and later joined Hendon College, London[4] for higher studies in business administration. 20 Indians feature on the list of top 500 richest people in the world. List of Top 10 Richest Pakistani Men in 2020, Day I of Saudi Media Forum: Strategic media partnerships are need of the day, Pakistans HC Raza Bashir Tarar highlights Kashmir issue at Jinnah Award Ceremony in Winnipeg, Protected: Cyber Security in Pakistan: Government Initiatives and Internet Security Best Practices, Protected: A Few Effective Ways to Unblock Streaming Services: A Handful of Tips, Top 10 Best Marriage Bureau in Lahore to Find a Partner, List of Visa-Free Countries for Pakistani Passport Holders. He will be discharged by this weekend and have further follow-up appointments over the next two weeks, the source said. 2019. [3], In the 1930s, Mansha's family had migrated to Kolkata, Bengal from Punjab. Mian Mohammad Mansha is a leading businessman of the country who has business ventures set up in a variety of different industries, for example textile, cement, power generation, banking, dairy, real estate, insurance, etc. Kubra Khan, His father and uncles jumped into textiles with Nishat Mills in 1951. Sadruddin Hashwarni was born in February 1940 in Karachi, and in 1960 he established a Cotton Trading Company Hassan Ali & Company along with his brother; however, it was nationalized in 1973 by Bhutto regime. Mian Mashas decade-long denials about the purchase of a five-star hotel in London: Tax authorities in Pakistan began investigating Mansha and other members of his family in 2015 after they came to suspect irregularities in the US$46.74 million purchase of the historic St. James Hotel & Club of London in November 2010. New revelation about Easy Investments Ltd could change the course of these investigations. He may also face criminal prosecution for concealment, added Khan Tareen. Bahria Town is Pakistans Largest Real Estate Developer with over 100,000 employees. The roots of the group date back to 1951, when Mian Mohammed Mansha's father and uncles jumped into textiles with Nishat Mills. The bid from Manshas consortium of 12 partners was not the highest submitted, but he was allowed to match the high bid to win the auction. Short Introduction Mian Muhammad Mansha is a Pakistani businessman and billionaire. Tours and travels, Oil and Gas, Pharmaceuticals, Minerals, Trading, Investment, Ceramics, Welfare, and Net-21 (Pvt) Limited are operating under the banner of Hashoo Group. Born in Lahore in 1947, Mian Mansha joined his family business in 1969 and began looking after the Nishat Textiles Mills Pakistans largest Fabric Manufacturing Mills established by his father Mian Muhammad Mansha in 1951. The account, which was closed in 2013, had a maximum balance of around 18.5 million Swiss francs (about $20.32 million) in 2012, two years after the hotel deal was concluded. Mian Mansha is known as the richest businessman in the country. In 2010, he received a place in the world's richest men list compiled by Forbes -- he was at the 937th place. The Manshas have challenged the tax agencys jurisdiction because Residentia Holdings PTE LimitedM/s RHPL, the subsidiary holding the hotel, is a foreign entity. Born: February 22, 1973 (age 49 years), Karachi, Pakistan Parents: Muhammad Sharif Awards: Agahi Award, Asian Investigative Media Award, War Correspondent Award Employer: ARY Digital Network Born Arshad Sharif 22 February 1973 (age 49) Karachi, Sindh, Pakistan Alma mater Gordon College at Rawalpindi (BA in Journalism) Quaid-e-Azam University It had a net income of 520 million dollars in 2022. Babar Azam, They started a cotton ginning business, which . Some companies which group owns are:[5]. Besides, it is also constructing the Countrys largest Rafi Cricket Stadium in Karachi. zatarain's chicken fry mix ingredients New Lab; brown service funeral home obituaries; Bill Gates, Now leaked data reveals that one Easy Investments Ltd has a joint account with Mian Mansha and Naz Mansha. mian mansha family pics. Learn more about Industrial Conglomerates. Source of income:Marriott Hotel, Pearl Continental Hotel, Orient Petroleum. He started his career as one of the most prominent industrialists of Pakistan. Who is Mian Muhammad Mansha? Their trading monopoly, built on bribery and alleged smuggling, was exposed. Mian Muhammad Mansha (Urdu: ) is a Pakistani business magnate and billionaire. [5], In March 2017, it was announced that Nishat Group will setup their first plant in Faisalabad, Pakistan, which will assemble electric cars. Nishat Textiles Mills is Pakistan's largest fabric manufacturing mills. Mian Mansha Chairman of Nishat Group of Companies and Chairman of MCB Bank Limited flew from Pakistan to meet Prince Charles and other dignitaries including notable guests Chancellor Rishi. Mukesh Ambani is one of the richest men in Asia. Source of income:Diversified, Agriculture, and Real Estate. The FBR wrote to both jurisdictions; only Guernsey responded and said the company under reference, Easy Investments Ltd, never existed there. For years, the Abdukadyr familys self-confessed money launderer sent their money abroad using a variety of invented pretexts. , Muhammad Name Meaning In Hindu meaning is : Moonshine and Mansha Name Meaning Intended,factor .. Ihsanullah, This situation enables corruption and starves developing countries of much-needed tax revenue.. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Mian Mansha. To help make sense of this complex story and provide additional context, weve put together this list of questions and answers about Khabibula Abdukadyr and his family. Manshas wealth grew even greater in the 1990s when he acquired Muslim Commercial Bank, Pakistans third-largest, and two cement companies during the privatization drive led by the then Prime Minister Mian Nawaz Sharif. After falling short of 2022 expectations, Tesla is even more overvalued than it was at the beginning of 2023. Eventually split with uncles and took over his family's business in West Pakistan decades ago. Everything in the account belongs to both of you.. Manshas businesses expanded in the 1990s, when, thanks to a privatization drive led by Prime Minister Mian Nawaz Sharif, he acquired stakes in two cement companies and was part of a consortium that bought Muslim Commercial Bank, one of Pakistans largest. [11], Mansha was named richest Pakistani in 2008 by Daily Pakistan with net worth of US$2.5billion equivalent to Rs 200billion at that time. Tariq Saigol is the owner of the Kohinoor group which further owns the owner of Kohinoor-Maple group, Saigol motors, and Sajeel motors along with huge investment in Kohinoor textile mills, Pak electron, and Kohinoor Power Company. In 2010 he became the first Pakistani to make the Forbes list of billionaires. But that hasn't stopped the secretive Khabibula Abdukadyr and his relatives. No foreign bank account was declared. 4. Naz Mansha. With a net worth of $2.7 billion, Mian Mansha ranks as the 4th richest person in Pakistan. He runs a textile business named Nishat Textiles Mills. Neither he nor his family members have been charged with any crimes related to the deals. One was a USD account in Barclays Bank, Lahore, Pakistan having an amount equal to Rs58,514. Mian Muhammad Mansha siblings name is (will update soon). He was born in 1947 in Faisalabad and is the top entrepreneur and industrialist of Pakistan. The Suisse Secrets Investigation Suisse Secrets is a collaborative journalism project based on leaked bank account data from Swiss banking giant Credit Suisse. Manshas bid was not the highest submitted, but he was allowed to match the high bid to win the auction. Now besides having major shares in United Bank Limited (UBL), Answer Pervezs Bestway also deals in cement, banking, and pharmacy sectors. [6], Mian Muhammad Mansha has never met U.S. businessman Warren Buffett but is one of his admirers. Bahria Icon Tower, and runs Cinemas i.e. mian mansha family pics . Facebook gives people the power to. [5] His father died one year after he returned from London after finishing his studies there in 1968. He is synonymous with economic progress. Besides, the group also owns a number of unlisted Associated Companies. Donald Trumps real net worth? After 1947, they moved to Punjab. In 1976, he opened his first wholesale warehouse in Londons Acton Town. He also has interest in banking, insurance, cement and power. Limited in 2007, Sharif Dairy Farms (Pvt.) [9], Mansha is currently on the board of various prominent institutes in Pakistan and is one of the most powerful and influential people in the country. Its ownership is likely unobtainable. The Chairman of Nishat Group - Mian Muhammad Mansha - is believed to have wealth worth $2.7 billion. Green Valley Hypermarket, Skyscrapers i.e. In 2004, Mansha's group and his preferred candidate were defeated by a margin of two votes in the All Pakistan Textile Mills Association (APTMA) elections. Mian went to college in the U.K.; joined family business after graduation. The two may in fact be related to the same company. Pakistan is not known for its economic might. [1] According to Forbes listings in 2010, he was the 937th richest person in the world and the richest person in Pakistan. Advertising| He has made it into a billion dollar enterprise. The real estate tycoon Malik Riaz stands at number six in terms of Pakistans richest persons for having a net worth of $1.5 billion. But the inquiry soon reached a dead end, since investigators couldnt learn much about the offshore companies that supposedly lent the money. [Watch Fact Focus #GoFundMe campaign video], Paradise Leaks and another Swiss bank account-. He may also face criminal prosecution for concealment, added Khan Tareen. Blessed with the business empire set up by his father Mian Muhammad Sharif along with his brothers with the foundation of Ittefaq Steel Foundry in 1939 and later Sharif Group of Companies in 1974, Nawaz Sharif didnt have much to bother to live a luxurious life and ended up as one of Pakistans riches men with net worth of $1.4 billion. UNICEF and partners make sure than children in Jordan's Azraq Refugee Camp get the immunizations they need to stay healthy. Everything in the account belongs to both of you.. The wealth Statement was not available. We welcome all corrections and feedback using the button below. He also has interest in banking, insurance, cement and power. Chairman and CEO: Nishat Group & Muslim Commercial Bank Net worth: $2.7 billion. Mian Muhammad Mansha - life story of mian mansha || mian mansha ki kahaniMian Muhammad Mansha House - mian muhammad mansha cars and houses collection 2017.see what a girl said about mian muhammad mansha wife in audition.mian muhammad mansha's residence | lahore | pakistan | srdw. Yet another account was opened in the same year on October 06, 2005. However his illustrious life has since the beginning been marred by corruption allegations, and he also suffered imprisonment for that spanning over years. They also questioned the jurisdiction of the National Accountability Bureau, which is pursuing a separate case over suspicion that the deal involved money laundering. He said he didnt have any financial stake. Born during the tumultuous Partition winter of 1947, when his parents When the dust settled, Mansha had acquired a controlling position in Adamjee Insurance, the country's largest non-life insurer. Shahid Khan, the man of a strong will and a charismatic personality, jumped the stairs of success when he started his own business. Bestway Group, United Bank Limited. Now he has scaled that company to an extent where the company has 66 operational plants worldwide and over 24,000 employees. "The Nishat Hotel starts operations in Lahore", "Nishat Group to introduce electric, hybrid cars", "Hyundai to assemble cars in Pakistan in venture with textile group Nishat Mills", "The man behind Pakistan's biggest conglomerate", "AICL - Stock quote for Adamjee Insurance Company Limited - Pakistan Stock Exchange (PSX)", "DG Khan Cement rakes in Rs2.06 billion profit", "NCL - Stock quote for Nishat Chunian Limited - Pakistan Stock Exchange (PSX)", "The dominance of the Big Five banks is about to be broken", https://en.wikipedia.org/w/index.php?title=Nishat_Group&oldid=1146968715, Conglomerate companies established in 1951, Multinational companies headquartered in Pakistan, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Security General Insurance Company Limited, Nishat (Aziz Avenue) Hotel and Properties Limited, Nishat (Gulberg) Hotel and Properties Limited, Nishat (Raiwind) Hotel and Properties Limited, Nishat Agriculture Farming (Private) Limited, Nishat Real Estates Development Company (Private) Limited, This page was last edited on 28 March 2023, at 01:35. Mansha is said to be close to Sharif, who was disqualified from public office in 2017 in the wake of public corruption charges. | 24/06/2022 | 1955 chris craft capri | star citizen character reset what do you lose. Mian Muhammad Mansha height is 5 Feet 7 Inches and weight 65 KG. As per the GWI (Global Wealth Indexes), the total count of Pakistans elite-class wealth (assets minus debt) in 2018 was just 0.1 percent. His father owned a cotton mill. Mian Masha's decade-long denials about the purchase of a five-star hotel in London: Tax authorities in Pakistan began investigating Mansha and other members of his family in 2015 after they came to suspect irregularities in the US$46.74 million purchase of the historic St. James Hotel & Club of London in November 2010. Father died one year after his return. He also serves as Chairman of MCB Bank Limited, a bank in which his Nishat Group owns a. Apart from that, a number of Companies i.e. By 2014, Answer Pervezs Bestway had become the second largest independent wholesaler in the United Kingdom. $2.5 billion, according to our most recent tally. In 1978, he started making car one-piece bumpers for customized pickup trucks and body shop repairs. With new political alliances and projects worth billions around the world, theyre more powerful than ever. Mian Muhammad Mansha was born in 1947. Get in Touch This was eventually turned into a multi-billion-dollar enterprise under the leadership of Mansha. Source of Income:Sharif Group,Ittefaq Group, Real Estate. Mian Mansha categorically denied having any link with the purchase of the hotel and have been maintaining this position for many years. He also serves as Chairman of MCB Bank Limited, a bank in which his Nishat Group owns a majority stake. Mansha and his wife, Naz, opened a joint bank account at Credit Suisse in 2005 that named Easy Investments Limited as a co-holder. Under the banner of Sharif Group, Ramzan Sugar Mills Limited was established in 1990, Sharif Feed Mills (Pvt.) He owns many swanky cars, including Mercedes E-Class, Jaguar convertible, Porsche, BMW 750, Range Rover and Volkswagen. View the profiles of people named Main M Mansha. Leaked data from Credit Suisse reveals that the wealthy businessman, Mian Mohammad Mansha, appears to have held a joint bank account with a mysterious company that helped finance the deal. Mohammad Amir was poised to be one of the all-time great fast bowlers when he was caught in a spot-fixing scandal, banned from cricket for five years and sent to jail. Who is Mian Muhammad Mansha? The Pakistani Federal Board of Revenue started looking into the deal after coming to suspect that the family had moved funds out of the country without declaring them. A company controlled by Mansha and his wife, Naz, opened a bank account at Credit Suisse in 2005 that named Easy Investments Limited as a co-holder. Born in Lahore in 1947, Mian Mansha joined his family . [2] Under Mansha's watch, MCB Bank has demonstrated execution and growth and which has made it one of the premier financial service management teams in the Indian subcontinent. Profile of Mian Muhammad Mansha Born: He was born on 1st December, 1947 in Lahore to a wealthy Chiniotis family. Mian was born in affluence. Mufti Taqi Usmani, British Virgin Islands officials didnt provide any information about the company registered there, Avendale Enterprises Limited, which had lent the Manshas $22 million. can general dentists do bone grafts; apple tartlets with pillsbury pie crust; what bulbs will squirrels not eat; can cinnamon cause a miscarriage; mian mansha family pics. Though the Ittefaq Group was acquired by Al-Rehmat Group of Companies in 2004 but Sharif Group has expanded into a massive business conglomerate with its foothold in industries like sugar, power, milk & dairy, feed, poultry and even plastics. [7], After 1979, Mansha set up Pakistan's largest textile complex of seven factories in Nishatabad in the city of Faisalabad. Mian Muhammad Mansha is the current chairman of the group. Join Facebook to connect with Man Sha and others you may know. Reported By:| Edited By: DNA Web Team |Source: DNA Web Desk |Updated: Jan 28, 2023, 09:10 PM IST. But bank records obtained by OCCRP and partners in the Suisse Secrets investigation have possibly linked him to the hotel acquisition for the first time. Now hes playing in his first one-day World Cup. [2][3] The company was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mansha was admitted to Hammersmith Hospital over two weeks ago over complaints of chest pain. LAHORE: Prominent businessman and chairman of Nishat Group, Mian Muhammad Mansha Saturday asked the government to stop calling everyone a thief, stressing that Pakistan's problem was not corruption but incompetence and flawed decision-making. His Nishat Group is now Pakistan's largest exporter of cotton clothes (for brands like Gap) and nation's largest private employer; also invests in power projects, cement and insurance. UAE and Chinese companies have partnered together to innovate transportation systems in UAE and Africa. 4. The source of the money and similarity to the amount of the purported loan two years after the hotel purchase remain unexplained. He was awarded the Sitara-e-Imtiaz civil award by President of Pakistan Pervez Musharraf on 23 March 2004. In the 1990s, it was privatized by then Prime Minister Nawaz Sharif's government and came under the Nishat Group.[6]. In 2005, he emerged as the richest Pakistani. If Mansha secretly owned the company and lied to investigators about it, he could be on the hook for serious financial penalties and even perjury charges, a tax official who worked on the investigation told OCCRP. MCB Bank already has international operations, and the Nishat Group also owns an automobile leasing company in Kazakhstan. Reporters on five continents combed through thousands of bank records, interviewed insiders, regulators, and criminal prosecutors, and dug into court records and financial disclosures to corroborate their findings. By learning what went wrong during Covid and what works in other industries, you can become a resilient leader. Despite the fact that Pakistanis economy is trembling these days but the total net worth of these richest men remains untouched. Mian went to college in the U.K.; joined family business after graduation. Questions are still being raised about the acquisition of the bank. A NAB investigation launched in 2002 remains open. [1], Mansha is also a member of the board of directors at the Atlantic Council. Iqra Aziz, Mansha has proceeded to venture into new terrain, executing deals with state-owned WAPDA (Water and Power Development Authority) to sell its excess electric power capacity generated at Nishat's various power stations. The data was provided by an anonymous source to the German newspaper Sddeutsche Zeitung, which shared it with OCCRP and 46 other media partners around the world. Neither he nor his family members have been charged with any crimes related to the deals. Submit a correction suggestion and help us fix it. Mian muhammad mansha: mian muhammad mansha is the richest person of pakistan.Mian muhammad mansha is the rechest people of pakistan.Here's a vid about mian muhammed mansha's house.Mian muhammad mansha the richest man of pakistan appeared in aaj kamran khan key saath on its series to find the solutions of problems country is facing now days.Mian muhammad mansha the richest man of pakistan appeared in aaj kamran khan key saath on its series to find the solutions of problems country is facing now days. In 2005, he emerged as the richest Pakistani. The Manshas said the Guernsey company was called Easy Investments Limited. One year after his return his father died and didn't pass much time before he took over the business from his uncles. In later years, another textile complex followed in Chunian near Lahore. 2023 Forbes Media LLC. 01444899 info@futureinternationalschools.com. Mansha did not respond to questions from journalists. Pakistani investigators didnt find a trace of it anywhere else in the world, either. It would not be possible for somebody else to be listed as the [co-]owner of your account if you dont have anything to do with them and youve never met them, she said. [10] One of Mansha's companies, Nishat Textile Mills Limited, is the largest exporting entity in Pakistan. Shahid Khan made a fortune for himself by working hard. He owns the Nishat Group, a . The source, who. Mian Muhammad Mansha | richest man in Pakistan | family of Mian Mansha | richest family in Pakistan Mian Muhammad ManshaPakistani business magnateMian Muhamm. He graduated from London. Mall of Lahore/Islamabad/Karachi, Super Markets i.e. Mansha opened two accounts in the Swiss bank Credit Suisse in the year 2005. Reporters found a handful of companies named Easy Investments Limited registered at the time of the deal in other jurisdictions around the world, but either their owners could not be identified, or they did not appear to be connected to the deal. Limited in 2008, Ramzan Energy Limited in 2010, Sharif Milk Products (Pvt.) 1,990 executive movements have been recorded in the last 12 months. Mansha, who took over the family group aged 22 after the death of his father, and who has never before been interviewed by the international media, has grand plans for his sprawling group, which boasts 30 company divisions stretched across sectors as diverse as tourism, cement, insurance and textiles. All Rights Reserved. Shahid Khan is an American businessman born in Pakistan who is . Mian Mansha. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. In 2010 he became the first Pakistani to make the Forbes list of billionaires. Only four bank accounts in Pakistan were declared. Tax authorities in Pakistan began investigating Mansha and other members of his family in 2015 after they came to suspect irregularities in the purchase of the historic St. James Hotel & Club in November 2010 for around $50 million. Gautam Adani, with a net worth of 120 billion dollars, is second on the list. [5], Nishat Group is one of largest conglomerate companies in Pakistan. Nishat Mills Faisalabad was the first textile mill they started. In addition to his known wealth, Asif Ali Zardari also allegedly owns properties worth billions in UAE, UK, France and Switzerland which havent yet been documented under his name as it was allegedly earned through malpractices when his late wife Benazir Bhutto was in power. According to Mansha, the family moved to Bangladesh in 1930. Imran Riaz Khan, Mian Muhammad Mansha wife or spouse name is Naz Saigol. Nishat Group (Urdu: ) is a Pakistani multinational conglomerate company which is based in Lahore, Pakistan. Even right now, he has been facing trails for his alleged involvement in money laundering and establishing fake bank accounts. He was born in 1950 and he has made his way up from washing dishes to owning a company like Jaguars. [1] 3. Get information about all key achievements or accomplishments of Mian Muhammad Mansha. Mansha is known as the Mukesh Ambani of Pakistan as he is the richest Pakistani in the world. Limited in 2011, Crystal Plastic Limited in 2012, Chiniot Power Limited (CPL) in 2013, and Al-Arabia Sugar Mill in 2017. One thing that should be mentioned here is that during the recent tussle between the the political parties PTI and PLMN, a lot of propoerties and assests belonging to Nawazs Family has been seized. After the 1947 Partition of British India, the family returned to Punjab, Pakistan. One of Pakistans richest men has long maintained that he had nothing to do with the purchase of a five-star London hotel in a deal under investigation for possible forgery, tax fraud, and money laundering. [9] Later in early 70s, his store was renamed as Bestway with 10 branches in and around West London. Later on, he bought Flex-N-Gate Corporation where he worked as an engineering director. These top 10 are the richest men of Pakistan and their names are also called among the top 500 richest families of the world. A source within the hospital confirmed that Mansha had had five by-pass operations at the Hammersmith Hospital. Mansha and some of his immediate family members are among the richest and highest tax-paying individuals in Pakistan.. Mansha owns some of the most expensive houses in Europe, including at the St . The Chairman of Nishat Group Mian Muhammad Mansha is believed to have wealth worth $2.7 billion. He is the real man to handle the team around the Country and get news from them and provide to you instantly. Mian Muhammad Mansha, Pakistan's wealthiest man, has invited me to lunch at his home, an estate outside Lahore he created some years ago by purchasing almost 250 acres from 50 smallholders. Both loan agreements were signed by Hassan Mansha and witnessed by Muazzam Rashid, an assistant manager at a Mansha family-owned business in Pakistan, according to court documents. Rafique M is a famous and renowned name in Pakistan and he has been among the prominent names in the country when it comes to the business sector. Mansha recently stepped down as chairman of Nishat Group, a conglomerate founded by his father and uncles in 1951.He joined the family business in 1968 after the death of his father. Only bank accounts declared were three MCB Bank in Pakistan having amounts Rs1,163,107, Rs26,769, and Rs1,638,889. It has a production capacity of 24,000 tons per day. He was selected for a special Lunch with the UK Financial Times newspaper. [6] Apart from making large acquisitions, he was simultaneously expanding his Nishat Textiles segment. Guernsey officials were more helpful, but their response when queried about Easy Investments Limited raised red flags. Here in this article, we are going to talk about the top 10 personalities who have made a name of themself in terms of their worth (financially). He is the founder and CEO of the Lahore-based international conglomerate Nishat Group. From there, they built a cotton ginning and processing plant. Turgut Alp, About us| Mian Muhammad Mansha is the current chairman of the group. The other two companies are not likely related to the deal. It cant be definitively proven that the company listed on the bank account is the same as the offshore that loaned the Mansha family money since Suisse Secrets data does not include the jurisdictions where corporations are registered. Sharif came under investigation after the Panama Papers revealed that several of his children are secret beneficial owners of luxury apartments in London. Imran Khan, The 79-year-old Sadruddin Hashwarni also owns Pearl-Continental (PC) Hotels in Pakistan. The former President of Pakistan and the Co-Chairman Pakistan Peoples Party (PPP) Asif Ali Zardari reportedly owns $1.8 billion which enables him to become the 5th richest man in Pakistan. Together, they held funds worth more than $100 billion. But Maira Martini, a policy expert at Transparency International, said the Suisse Secrets data indicated that Mansha must have a close relationship with a company called Easy Investments Limited. Mian Mohammed Mansha is Chairman and CEO Nishat Group, a Pakistani multinational conglomerate company. [1][5] He was worth US$2.5billion in 2013. Mansha made these remarks during an interview with a local media outlet while commenting on the ongoing anti-corruption drive of the government against .

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