Sharif family

Sharif family
Ethnicity Kashmiris of Punjab
Current region Lahore, Punjab, Pakistan
Place of origin Anantnag, Kashmir[1]
Members Muhammad Sharif
Nawaz Sharif
Shahbaz Sharif
Kalsoom Nawaz
Tehmina Durrani
Hamza Shahbaz
Maryam Nawaz
Asma Nawaz Sharif
Hassan Nawaz
Hussain Nawaz
Traditions Sunni Muslim
Estate Ittefaq Group
Raiwind Palace
Sharif Medical City
Hudaibiya Paper Mills

The Sharif family (Urdu: شريف خاندان‎) is a prominent political family of Pakistan, based in the Pakistani province of Punjab. Along with the Bhutto family, the Sharif family has dominated for much of Pakistan's political history since 1983.[2] The Sharif family is of Kashmiri origin settled in Pakistani Punjab and uses the title of Mian.[2] Muhammad Sharif, the father of the former Prime Minister of Pakistan Nawaz Sharif, migrated from Jati Umra, Amritsar, India, after the creation of Pakistan in 1947. He was a businessman who founded the Ittefaq Group in 1939 in Lahore.[3]

In Pakistani politics

The Sharif family has been actively involved in the politics since the nationalization of their factories during the régime of Zulfikar Ali Bhutto.

Nawaz Sharif is the former Prime Minister of Islamic Republic of Pakistan. He currently heads the Pakistan Muslim League (N) (PML-N), a center-right, conservative political party, the largest in Pakistan.[4][5] Sharif previously served as the 12th Prime Minister of Pakistan in two non-consecutive terms from November 1990 to July 1993, and from February 1997 to October 12, 1999.[6][7] Sharif rose to prominence as part of General Muhammad Zia-ul-Haq's military regime in the 1980s under the wing of Governor of Punjab Ghulam Jilani Khan. He was appointed Chief Minister of Punjab by Zia in 1985. After Zia's death and Benazir Bhutto's election as prime minister in 1988, he developed an affiliation to Islami Jamhoori Ittehad (IJI), a right-wing alliance formed against Pakistan People's Party in 1988. Also in 1988, Nawaz Sharif was elected chief minister of the Punjab. Nawaz Sharif is the former Prime Minister of Pakistan.[8]

Shahbaz Sharif is the current Chief Minister of the Punjab,[9] and also held the position from 1997 to 1999.[2]

The family has influence mainly in Punjab province and their third generation is also becoming involved in Pakistani politics.[2]

List of family members

First Generation
Second Generation
Third Generation

Other relatives

Wealth

The Sharif family owns Ittefaq Group, a multimillion-dollar steel conglomerate.[18] In 2005, the Daily Pakistan reported that the family is the fourth wealthiest in Pakistan with an estimated net worth of only $1.4 billion.[19] They also own the extravagant Raiwind Palace in Lahore.

  • Ittefaq Textile Mills
  • Brothers Textile Mills
  • Khalid Siraj Textile Mills
  • Haseeb Waqas Sugar
  • Ittefaq Textile
  • Mehran Ramzan Textile
  • Brothers Textile Mills
  • Ramzan Baksh Textile Mills
  • Mohammad Baksh Textile Mills
  • Hamza Spinning Mills
  • Ittefaq Sugar Mills
  • Ramzan Sugar Mills
  • Chaudri Sugar Mills
  • Ittefaq Foundry (Pvt) Ltd
  • Brothers Steel Mills
  • Ittefaq Brothers (Pvt) Ltd
  • Ilyas Enterprise
  • Hudaibiya Paper Mills
  • Hamza Board Mills
  • Hudabia Engineering
  • Khalid Siraj Industries
  • Ali Haroon Textile Mills
  • Hanif Siraj Textile Mills
  • Farooq Barkat (Pvt) Ltd
  • Abdul Aziz Textile Mills
  • Barkat Textile Mills
  • Sandalbar Textile Mills
  • Haseeb Waqas Rice Mills
  • Sardar Board and Paper Mills
  • Model Trading House (Pvt) Ltd
  • Hamza Poultry Farms
  • Anhaar Milk
  • FZE Capital[20]
  • Mayfair Apartments[21]

Judiciary issues

In March 2000, three main cases were filed against the Sharif family in the Hudaibiya Paper Mills default case in Attock NAB Court. Nawaz and Shahbaz Sharif were accused of misuse of authority and of wealth accumulation beyond their means.[22] In addition to Senator Ishaq Dar,[22] nine members of the Sharif family were named:

In 2008, the National Accountability Bureau (NAB) reopened cases of corruption and money laundering against the family in reference to its Raiwind assets, Hudaibiya Paper Mills and Ittefaq Foundry.[2][23]

Ittefaq Group had obtained a loan totalling Rs 3.11 billion from eight different banks during 1982 and 1998. After selling four units the Group, a default loan-amount Rs 6 billion was recovered, but mark-up was yet to be recovered as per rules. On 7 November 2014, Lahore High Court (LHC), on the petition of a consortium led by the National Bank of Pakistan (NBP), directed Ittefaq to pay mark-up of Rs 3.5 billion against the loan from the consortium.[24] However, the Sharif family's spokesman said that the group had already paid the mark-up and "the factual position was that all banks had been repaid hundred percent of the loan’s required amount", and "it was for the first time in the history of Pakistan that any family or industrial unit had returned its complete loan, along with its markup, without getting it waived at all."[13]

In December 2000, 18 members of the family were exiled to [[Saudi Arabia, after a deal with the government of Pervez Musharraf.[2]

On 28 July 2017, the Supreme Court of Pakistan disqualified Nawaz Sharif as the Prime Minister of Pakistan and ordered National Accountability Bureau to initiate legal proceedings on his family regarding the Panama Papers Case and Anti-Corruption Laws.[25]

Photos

See also

References

  1. ↑ "As Nawaz Sharif becomes PM, Kashmir gets voice in Pakistan power circuit".
  2. 1 2 3 4 5 6 7 8 "Sharif Family". GlobalSecurity.org. Retrieved 2 September 2012.
  3. 1 2 Staff Report (31 October 2004). "Mian Sharif: businessman, kingmaker and philanthropist". Daily Times. Retrieved 2 September 2012.
  4. ↑ Carr, Adam. "2008 Parliamentary elections results". Adam Carr. Adam Carr and Pakistan Election Commission. Retrieved 4 September 2012.
  5. ↑ Editorial (17 January 2012). "Pakistan Muslim League (N)". Dawn. Herald. Retrieved 4 September 2012.
  6. 1 2 "Profile: Nawaz Sharif". storyofpakistan. 1 June 2003. Retrieved 1 July 2012.
  7. 1 2 "Nawaz Sharif Becomes Prime Minister (1990)". History of Pakistan. 1 June 2003. Archived from the original on 4 September 2012. Retrieved 4 September 2012.
  8. ↑ Husain Haqqani (2005). Pakistan: Between Mosque and Military. Carnegie Endowment for International Peace. pp. 202–203.
  9. 1 2 "Former Pak PM's brother elected provincial chief executive". People's Daily. Xinhua News Agency. 9 June 2008. Retrieved 4 September 2012.
  10. ↑ "Sharifs seek NAB cases quashed". Dawn. Herald. 18 October 2011. Retrieved 5 April 2013.
  11. 1 2 3 "Kulsoom vows to return in a few days". The News International. 11 September 2007. Retrieved 9 September 2012.
  12. ↑ "Nawaz Sharif's brother passes away". The Express Tribune. 11 January 2013. Retrieved 14 January 2013.
  13. 1 2 3 4 "Sharif family claims it has paid mark-up". Dawn. 8 November 2014. Retrieved 8 November 2014.
  14. ↑ Taseer, Sherbano (30 March 2012). "The Rebirth of Maryam Nawaz Sharif". Newsweek Pakistan. Retrieved 9 September 2012.
  15. ↑ Taseer, Sherbano. "The rebirth of Maryam Nawaz Sharif". The Nation. Retrieved 9 September 2012.
  16. ↑ Asad, Malik (21 October 2012). "Bakery tortures of employee: CM's son-in-law sent on judicial remand". Daily Times. Retrieved 23 October 2012.
  17. ↑ Asad, Malik (8 September 2012). "Court orders newspaper ad for Hamza appearance". Daily Times. Retrieved 23 October 2012.
  18. ↑ Baker, Raymond (2005). Capitalism's Achilles heel: Dirty Money and How to Renew the Free-market System. John Wiley and Sons. pp. 82–83. ISBN 978-0-471-64488-0. Retrieved 4 September 2012.
  19. ↑ Kharal, Asad (11 November 2011). "Nawaz Sharif owns only one sugar mill?". The Express Tribune. Retrieved 4 September 2012.
  20. ↑ https://www.dawn.com/news/1348211
  21. ↑ https://www.thenews.com.pk/latest/179154-Sharif-family-are-owners-of-London-flats-since-90s-BBC-report
  22. 1 2 "Loan default: NAB shares data on Sharif graft references". The Express Tribune. April 5, 2013. Retrieved May 25, 2016.
  23. ↑ Asad, Malik (29 July 2012). "Sharifs summoned in corruption cases again". Dawn. Herald. Retrieved 23 October 2012.
  24. ↑ Staff Report (7 November 2014). "LHC tells Sharif family to pay Rs 3.5bn mark-up on loan". Daily Times. Retrieved 8 November 2014.
  25. ↑ CNN, Euan McKirdy and Sophia Saifi. "Pakistan PM Sharif disqualified from office, resigns". CNN. Retrieved 2017-07-28.

Further reading

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