Benami property Govt to take legal action against 32 ‘Benami’ companies of Zardari



:Special Assistant to the Prime Minister on Accountability Shahzad Akbar on Tuesday said the government would take legal action against 32 “Benami” companies of Co-Chairman Pakistan Peoples Party (PPP) Asif Zardari.
Addressing a press conference along with Federal Minister for Maritime Affairs Syed Ali Haider Zaidi here, the PM’s special assistant said action would be taken against “Benami” properties as per law of the country and the money recovered from such “Benami” properties and companies would be deposited to the national exchequer.
Both made it clear that the government would continue taking action against money laundering, “Benami” properties, companies and trade-based Benami besides making recovery of the same.
They added that Prime Minister Imran Khan would now receive briefing on this matter on fortnightly and monthly basis.
Shahzad Akbar said as per law, all such “Benami” properties of Asif Zardari would be confiscated on failing to produce documents proofing legality of such properties within 60 days. Sharing details, he said these “Benami” companies included sugar mills, trading companies, construction companies, cement factory, automobile manufacturing companies, holding companies, consultant firms, gas companies etc.
These 32 “Benami” companies included Al-Miftah (Pvt) Ltd, Sky Pak (Pvt.) Ltd, Seracom Stock and Capital (Pvt.) Ltd, Alfa Zulu Company (Pvt.) Ltd, Paramount Builders and Devs (Pvt.) Ltd, New Thatta Sugar Mills (Pvt.) Ltd, Pak Ethanol (Pvt.) Ltd, Bandhi Sugar Mills Ltd, Rubicon Builders and Devs (Pvt.) Ltd, Seracom Builders and Devs (Pvt.) Ltd, Parthenon (Pvt) Ltd, Pak Track (Pvt) Ltd, Vanguard Sugar Mills (Pvt) Ltd, Sindhri Sugar Mills (Pvt) Ltd, Princeton Builders and Devs (Pvt) Ltd, Diamond Builders and Devs (Pvt) Ltd, Sujawal Agro Farms (Pvt) Ltd, Benazirabad Facilities (Pvt) Ltd, Orient Automotive Industries (Pvt) Ltd, Karachi Gas Company (Pvt) Ltd, Bandhi Powergen Company (Pvt) Ltd, Triton LPG (Pvt) Ltd, Abaseen Environment Management Company (Pvt) Ltd, Quality Control (Pvt) Ltd, Wahaj Wind Energy (Pvt) Ltd, Malir Warehouse (Pvt) Ltd, Omni Welfare Foundation and Belpaktractors (Pvt) Ltd. Moreover, he said several “Benami” plots in posh areas of Karachi had also been identified.