Pakistan's top defaulters:
According to the Moeen Qureshi list of 1993, Fazalsons group was defaulting in the payment of 34 loans amounting to Rs 2,164 million, Hyesons was defaulting in Rs 1,174 million, Habib group in payment of 32 loans worth Rs 850 million, an obscure Naqvi group was in default of Rs 676 million, Tawakkal Rs 479 million, Adamjee Rs 198 million, Dadabhoy Rs 191 million, Hashwani Rs 48.7 million and Fancy Rs 40.6 million.
Major defaulters among the politicians were Chaudharies of Gujrat who were defaulting in payment of six loans worth Rs 109.66 million against Phalia Sugar, Punjab Sugar and Sapco Limited, Ittefaq group Rs 83 million against Ittefaq Foundry, Saifullah's Rs 37.3 million while Zardari group was in default of Rs 7 million.
Top defaulters by Meraj Khalid in January 1997
S.No | Name | Amount in Default (Rs. in Million) |
1 | Ittefaq | 3,013 |
2 | Tawakkal | 2,956 |
3 | Fazalsons | 2,800 |
4 | Bela Chemicals | 2,339 |
5 | Chaudri Shujaat | 1,557 |
6 | Abdul Shakoor Koladia | 1,254 |
7 | Fauzi Ali Kazim | 1,159 |
8 | Saigol | 1,086 |
9 | Naqvi | 1,056 |
10 | Zahur | 1,028 |
11 | Abdullah Al-Rajaih | 1,031 |
12 | Ghani | 903 |
13 | Habib | 845 |
14 | Adamjee | 832 |
15 | Hashwani | 640 |
16 | Arabian Sea Enterprise | 626 |
17 | Sargodha | 581 |
18 | United | 501 |
19 | Chakwal | 441 |
20 | Dawood | 376 |
21 | Bawany-Alnoor | 352 |
22 | Fateh | 213 |
23 | Packages | 166 |
24 | Colony | 81 |
Total | 25,389 |