Senator Sultan Ali Lakhani | |
---|---|
Member of the Senate of Pakistan | |
In office March 1988 – March 1994 | |
Personal details | |
Born | Gondia, Maharashtra, India | 24 July 1948
Nationality | Pakistani |
Political party | Pakistan Muslim League |
Occupation | Politician Businessman |
Sultan Ali Lakhani is a Pakistani businessman and former senator who is the co-founder of the Lakson Group and owner of McDonald's Pakistan.[1] He was a member of the Senate of Pakistan from March 1988 to March 1994.
Early life
[edit]Lakhani was born on 24 July 1948 in Gondia, Maharashtra, India.[2] He holds a degree in economics from the University of Karachi.[2]
Career
[edit]Political career
[edit]Lakhani was elected to the Senate of Pakistan as a candidate of Pakistan Muslim League on the general seat from Sindh. He was a member of the Senate between March 1988 and March 1994.[2][3]
He was arrested in 2000 on the orders of National Accountability Bureau (Pakistan) for alleged loan defaults and being a business partner of Hassan Nawaz, son of the former Prime Minister, Nawaz Sharif. They co-owned fast-food chain McDonald's (Pakistan). They were arrested for failing to pay back loans they had taken from various banks.[4][5]
Business career
[edit]Lakhani is also the owner of Lakson Group and was the Honorary Consul of Mexico in Karachi.[2]
Awards and recognition
[edit]In 2012, Lakhani received the Hilal-i-Imtiaz (Crescent of Excellence) conferred by then President of Pakistan Asif Ali Zardari.[6]
References
[edit]- ^ "Debts deal frees detained Pakistani tycoon". BBC. 23 February 2001. Retrieved 27 February 2022.
- ^ a b c d "Profile of Sultan Ali Lakhani on Senate of Pakistan website (his first term)". senate.gov.pk. Retrieved 30 January 2019.
- ^ "Profile of Sultan Ali Lakhani as member of the Senate of Pakistan (his second term)". Retrieved 30 January 2019.
- ^ "SOUTH ASIA – Anti-corruption squad holds McDonalds boss". BBC. 11 May 2000. Retrieved 30 January 2019.
- ^ "Pakistan arrests loan defaulters, including McDonald's co-owner". UPI (news agency). Retrieved 30 January 2019.
- ^ "President confers 189 civil awards at Aiwan-e-Sadr". Business Recorder (newspaper). 23 March 2012. Retrieved 30 January 2019.