Sultan Ali Lakhani

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 the member of the Senate of Pakistan from March 1988 to March 1994.

Senator

Sultan Ali Lakhani
Member of the Senate of Pakistan
In office
March 1988 – March 1994
Personal details
Born (1948-07-24) 24 July 1948 (age 72)
Gondia, Maharashtra, India
NationalityPakistani
Political partyPakistan Muslim League
OccupationPolitician
Businessman

Early lifeEdit

He was born on 24 July 1948 in Gondia, Maharashtra, India.[2] He holds a degree in economics from the University of Karachi.[2]

CareerEdit

Political careerEdit

He 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. Both of them co-owned fast-food chain McDonald's (Pakistan). They were arrested for failing to pay back loans they borrowed from various banks.[4][5]

Business careerEdit

Sultan Ali Lakhani is also the owner of Lakson Group and also was the Honorary Consul of Mexico in Pakistan.[2]

Awards and recognitionEdit

In 2012, Lakhani received the Hilal-i-Imtiaz (Crescent of Excellence) conferred by then President of Pakistan Asif Ali Zardari.[6]

ReferencesEdit

  1. ^ "Debts deal frees detained Pakistani tycoon". BBC. 23 February 2001.
  2. ^ a b c d "Profile of Sultan Ali Lakhani on Senate of Pakistan website (his first term)". senate.gov.pk. Retrieved 30 January 2019.
  3. ^ Profile of Sultan Ali Lakhani as member of the Senate of Pakistan (his second term). Retrieved 30 January 2019
  4. ^ "SOUTH ASIA – Anti-corruption squad holds McDonalds boss". BBC. 11 May 2000. Retrieved 30 January 2019.
  5. ^ "Pakistan arrests loan defaulters, including McDonald's co-owner". UPI (news agency). Retrieved 30 January 2019.
  6. ^ "President confers 189 civil awards at Aiwan-e-Sadr". Business Recorder (newspaper). 23 March 2012. Retrieved 30 January 2019.