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The Pakistan's Billionaires 2010

 

Nawaz Sharif &amp: Shahbaz Sharif family Saudi Arabia


Mr Sharif Businessman turned politician the former Prime Minister of
Pakistan. He was ousted in a military coup in 1999 and was forced to
forfeit $9million dollars and some of his assets including his $5m
Mansion is Raiwind near Lahore . Before becoming PM he was a major
share holder along with his brother and cousins of Ittefaq Group,
having assets well in excess of £50m in the 90's. However he got
richer when he took commissions from foreign companies for
construction in Pakistan . He build the first motorway and many new
roads and took heavy kickbacks. He then also stole $100m from the Iqra
funds, he started a new scheme "Ghar Apna" in which he again looted
around $40m, the "Mulk swaaro" scheme involving public & govt.. money
collections to help pay pf Pakistan's debts also was pocketed. Today
he lives in exile in Saudi Arabia where it is known he has a new huge
business empire in various sectors
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