Asset Freezing - 05-01-2019

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Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 1

FREEZING OF ASSETS OF OMNI GROUP AND ZARDARI GROUP The prima facie evidence brought to the record during the JIT investigation clearly indicates that Zardari and Omni Groups which started with a paid up capital of Rs 600/- (1981) and Rs 6000/- (2001) respectively amassed assets through misappropriation of loans, Government Funds, kickbacks and proceeds of crime. The available evidence suggests that these groups have history of laundering their illegal proceeds abroad through Hundi / various channels of Hawala. The august Supreme Court of Pakistan is requested to freeze the assets of Zardari and Omni Groups held through various subsidiary and front companies and assets held in the name of their directors, pending the final adjudication by the accountability courts: lest this ‘money laundering cartel’, shifts their assets, abroad. 2.

It would be pertinent to point out here that IBSC was identified to be a

‘Benami’ of Mr Asif Ali Zardari held in the name of his then frontman Iqbal Memon (International Builders) and was frozen in 1998. Iqbal Memon, got exposed and left the country for Canada. However, that property changed hands in 2000 through AR Developers (Nasir Jamal) and ultimately came back again in 2008 to be held by Mr. Asif Ali Zardari, this time through M/s Park Lane Pvt. Ltd. 3.

Similarly, Plots C5 & 6, Clifton, Karachi were identified and frozen in 1998 (as

per Ehtisab Commission report in Ehtisab Reference No. 26/1998) as ‘Benami’ of Mr Asif Ali Zardari held in the name of M/s Galaxy Construction, owned by his then frontman Saleem Akhter. This property has also again come back to be held by Mr. Asif Ali Zardari through M/s Galaxy Construction owned by his present frontman Dr. Dinshaw Hoshang Ankleseria. 4.

In view of the aforementioned facts, in addition to freezing the assets, it is

recommended that SECP may be directed not to change the ownership through the change of directors of any of the companies holding assets mentioned below: -

A.

ASSETS HELD BY ZARDARI GROUP AND DIRECTORS


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 2

S 1

2 3 4 5 6 7 8 9 10 11 12 13 14 15

Title / Nature of Asset to be Frozen Opal 225 Saddar Karachi Bahria Icon Twin Tower, Clifton Karachi

IBSC Saddar Karachi Tando Allah Yar Farms Tando Allah Yar (Chamber Farms) Deh Nusrat Daur (Nawabshah) Farms House F-4, Block-3, Clifton Karachi House F-5, Block-3, Clifton Karachi House F-3, Block-3, Clifton Karachi House F-1, F-2, F-6 Block3, Clifton Karachi House F-5/1, Block-3, Clifton Karachi House D-23, Block-3, Clifton Karachi House D-25, Block-3, Clifton Karachi House D-34, Block-3, Clifton Karachi Bilawal House Lahore

31-35 Acres land, Deh 16 Safooran, Taluka airport, Malir Karachi 7 Acres Land, Deh Safooran, Gulistan-e17 Jauhar, Karachi 24 Acres Land, Sector 31 & 47 of Scheme 33, KDA HouseNo. 8, Street 19 F19 8/2 Islamabad 18

Owned Through

Controlling Authority to be Directed

Zardari Group Pvt. Ltd.

BOR Sindh / KDA

M/s Galaxy Construction (Dr. Dinshaw Ankleseria Frontman) M/s Park Lane

Zardari Group Pvt. Ltd.

BOR Sindh / KDA BOR Sindh / KDA BOR Sindh

Bilawal House Karachi (Zardari Group Pvt. Ltd.) BOR Sindh / KDA

Zardari Group Pvt. Ltd.

Zardari Group Pvt. Ltd. M/s Al-Ain Holdings (Younas Kudwai Frontman) M/s Pink Residency (Abdul Jabbar and Younas Kudwai Frontmen) Aslam Qureshi (Frontman) Zardari Group Pvt. Ltd.

BOR Punjab / Bahria Town

BOR Sindh / MDA / KDA

CDA


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 3

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House D-75 Block-5, Clifton Karachi House 19, St.28, Phase V Ext. DHA Khayaban-eShamsher Karachi ST 28 (Public Library), Clifton Block 1 Karachi ST 28/A (Mandir), Clifton Block 1 Karachi ST 28/B (Public Gymnasium), Clifton Block 1 Karachi Scan 1000596 (Entry 11) 100 Nusrat, Daur, Shaheed Benazir Abad Scan 858131 (Entry 168) Shadiagham, Rattodero, Larkana Scan 768681 (Entry 26) Shahdadkot, KamberShahdadkot Scan 768680 (Entry 25) Shahdadkot, KamberShahdadkot Scan 659435 (Entry 110) 89 Nusrat, Nawabshah, Shaheed Benazir Abad Real Estate held in Karachi and Sindh Interior in the name of Zardari Group / Park Lane / Mussawat News Pvt. Ltd. / Gold Field Cattle Farming Company Pvt. Ltd. or in the name of Al-Ain Holding / Pink Residency or Mr. Asif Ali Zardari / Mrs. Faryal Talpur and Mr. Bilawal Zardari (Directors / major shareholders of Zardari Group)

Faryal Talpur

BOR Sindh / KDA

Faryal Talpur

BOR Sindh / KDA

Nadeem Ahmed Khan (Frontman) BOR Sindh / KDA Haris Raees (Frontman)

Faryal Talpur

BOR Sindh

Details not provided to JIT by Commissioners / DCs despite requests

BOR Sindh / DCs


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 4

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BMW 760 Bullet Proof (Reg No. PF-442 Islamabad) BMW 760 Bullet Proof (Reg No. PH-442 Islamabad) Lexus 570 Bullet Proof (Reg No. NA-442 Islamabad) Mitsubishi Bullet Proof SUV (Reg No. ST-347 Islamabad) Mitsubishi Bullet Proof SUV (Reg No. ST-348 Islamabad) Bank Accounts (including foreign currency accounts) held in Pakistan in the name of Zardari Group / Park Lane / Mussawat News Pvt. Ltd. / Gold Field Cattle Farming Company Pvt. Ltd. or in the name of Al-Ain Holding / Pink Residency or Mr. Asif Ali Zardari / Mrs. Faryal Talpur and Mr. Bilawal Zardari (Directors / major shareholders of Zardari Group) All international assets declared (Revised wealth statements 20142016) or known to be held directly by Zardari Family / Mrs. Faryal Talpur or through their frontmen

Mr. Asif Ali Zardari (Tosha Khana Vehicles)

Excise and Taxation Islamabad

Mr. Asif Ali Zardari

Excise and Taxation Islamabad

Details may be provided by SBP

SBP

Zardari Family and Mrs. Faryal Talpur

Government of Pakistan / Asset Recovery Unit


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 5

B. S

ASSETS HELD BY OMNI GROUP AND DIRECTORS Title / Nature of Asset to be Frozen

1

‘16’ Sugar Mills / Companies (Bawany, Ansari, Khoski, Naudero, Tando Allah Yar, Chamber, Larr, New Thatta, Omni Summercoast, Omni, New Dadu, Southern, TMK, Bandhi, Sindhri, Vanguard) and Real Estate, Agricultural Lands, Plants & Equipment, Vehicles and Bank Accounts (including foreign currency accounts) held by these companies

2

‘19’ Power Generation Companies (Thatta, Ansari, Bawany, Naudero, Omni, Rohri, Shikarpur, TAY, Dadu, Platinum, Naudero, Nara, Nawab Shah, Wahaj, Triton, Quality Control, Bandhi, Sukkur Solar, Thatta Solar) and Real Estate, Agricultural Lands, Plants & Equipment, Vehicles and Bank Accounts (including foreign currency accounts) held by these companies

Owned Through

Controlling Authority to be Directed

SECP / Omni Group Subsidiary Sugar Companies

Ministry of Industry and Commerce Sindh

SECP / Omni Group Subsidiary Energy Companies

Ministry of Industry and Commerce & Ministry of Energy Sindh


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 6

3

‘9’ Agricultural Farms / Companies (Thatta, Dadu, Sajawal, Southern, Sindh MultiPurpose, Omni, Badin, Energy Crops, Benazir Abad) and Plants & Equipment, Vehicles and Bank Accounts (including foreign currency accounts) held by these Farms / Companies

4

All assets held by Omni Omni Group Subsidiary SECP / BOR / Group companies at Annex-A Government of Sindh

5

All assets held by Omni Omni Group front SECP / BOR / Group through front companies at Annex-B Government of Sindh companies registered in the names of their employees / frontmen

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Real Estate, Agricultural Lands, Plants & Equipment, Vehicles and Bank Accounts (including foreign currency accounts) held in Pakistan in the name of Directors / major shareholders of Anver Majid Family & Omni Group All domestic assets declared (Tax Amnesty 2018, initial and revised declarations) by Anver Majid Family members

Omni Group Subsidiary Agriculture companies

Anver Majid Family Members (Directors of Omni Group) Annex-C

SECP / BOR / Ministry of Agriculture Sindh

SBP / BOR Sindh / KDA SECP / Excise and Taxation / Registrar of Companies / Ministries of Industries / Energy / Agriculture / Government of Sindh


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 7

8

All international assets declared (Tax Amnesty 2018, initial and revised declarations) and known to be owned either directly or indirectly through offshore companies by the members of Anver Majid Family

Government of Pakistan / Asset Recovery Unit


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 8

Annex – A

OMNI GROUP COMPANIES S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

Company Name New Dadu Sugar Mills (Private) Limited Ansari Sugar Mills Limited Tando Allayar Sugar Mills Limited Bawany Sugar Mills Ltd Khoski Sugar Mills (Pvt.) Limited Larr Sugar Mills Limited Naudero Sugar Mills (Private) Limited Chambar Sugar Mills (Pvt.) Limited Dadu Agro Development Farms (Pvt.) Limited Thatta Cement Company Limited Golden Globe Holding (Pvt.) Limited Thatta Power (Pvt.) Limited Omni Polymer Packages (Private) Limited Omni Aviation (Pvt.) Limited Omni Power (Pvt.) Limited Omni (Private) Limited Anoud Gas Limited Tcb Aviation (Pvt.) Limited Pinnacle Distilleries (Pvt.) Limited Regents Services (Pvt.) Limited Southern Agro Farms (Pvt.) Limited Badin Agro Development Farms (Pvt.) Limited National Gases Limited Shikarpur Power (Pvt.) Limited Tay Powergen Company (Pvt.) Limited Naudero Energy (Pvt.) Limited Dadu Energy (Pvt.) Limited Omni Sugar Mills (Pvt.) Limited Agro Farms Thatta (Private) Limited Captain Al'S Seafood (Pvt.) Limited Omni Agro Farms (Pvt.) Limited Omni Eko (Pvt.) Limited Omni Summercoast (Pvt.) Limited Platinum LPG (Pvt.) Limited Sukkur Godowns (Pvt.) Limited Tiger Petroleum (Pvt.) Limited

Remarks Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns Filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 9

37 Worldwide Flight Services Pakistan (Pvt.) Limited 38 Ansari Powergen Company (Pvt.) Limited 39 Bawany Powergen (Pvt.) Limited 40 Rohri Hydropower (Pvt.) Limited 41 Sindh Multi Purpose (Pvt.) Limited 42 TMK Sugar Mills (Pvt.) Limited 43 Dadu Storage (Pvt.) Limited 44 Energy Crops (Pvt.) Limited 45 Nara Hydropower (Pvt.) Limited 46 Nawab Shah Green Power (Pvt.) Limited 47 Niva Pharmaceuticals (Pvt.) Limited 48 Allco Universal Pakistan (Private) Limited 49 Southern Sugar Mills (Pvt.) Limited 50 E-Horizon Pakistan (Pvt.) Limited 51 Naudero Powergen (Pvt.) Limited

Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR Tax Returns NOT filed with FBR


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 10

Annex – B

OMNI GROUP ‘FRONT’ COMPANIES (Owned in the name of Omni Group employees or beneficially serving as front for Omni Group companies)

S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

Company Name Al-Miftah Holding (Private) Limited Sky Pak Holding (Private) Limited Rising Star Holding (Private) Limited Seracom Stock And Capital (Private) Limited Parkview Stock And Capital (Private) Limited Alfa Zulu Company (Private) Limited Plaza Enterprises (Private) Limited Paramount Builders & Developers (Private) Limited New Thatta Sugar Mills (Private) Limited Pak Ethanol (Private) Limited Bandhi Sugar Mills Limited Parthenon (Private) Limited Pak Track (Private) Limited Vanguard Sugar Mills (Private) Limited Sindhri Sugar Mills (Private) Limited Princeton Builders & Developers (Private) Limited Rubicon Builders & Developers (Private) Limited West Point Builders & Developers (Private) Limited Seracom Builders & Developers (Private) Limited Diamond Builders & Developers (Private) Limited Sujawal Agro Farms (Private) Limited Benazirabad Facilities (Private) Limited Orient Automotive Industries (Private) Limited Karachi Gas Company (Private) Limited Bandhi Powergen Company (Private) Limited Triton LPG (Private) Limited Abaseen Environment Management Company (Private) Limited Quality Control (Private) Limited Wahaj Wind Energy (Private) Limited Malir Warehouse (Private) Limited Omni Welfare Foundation Belpaktractors (Private) Limited


Freezing of Assets of Zardari and Omni Groups Included in Final (Synthesis) Report submitted by JIT H.R.C No. 39216-G of 2018 Page No. 11

Annex – C

MEMBERS OF KHAWAJA ANVER MAJID (KAM) FAMILY (Omni Group Directors)

S 1 2 3 4 5 6 7 8 9 10

Name Khawaja Anver Majid Khawaja Abdul Ghani Majid Khawaja Nimr Majid Khawaja Mustafa Zulqarnain Majid Khawaja Ali Kamal Majid Nazli Majid Menahil Majid Noor Nimr Majid Saima Majid Sara Tareen Majid

DOB 18-06-1943 19-10-1972 07-01-1983 16-06-1975 04-05-1980 29-11-1953 15-06-1978 24-08-1989 04-10-1971 11-03-1983

UK Passport 508306910 538546007 536542335 510718550 507999047 508074106 518251166 500968648 520071081 521998961

CNIC 42000-3036006-3 42301-7764135-5 42000-1246900-5 42301-5973984-7 42301-8273075-3 42301-4252576-6 42301-0935605-2 42301-7724218-6 35201-1333152-0 42201-0625574-4


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