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
Gondia, Maharashtra, India
NationalityPakistani
Political partyPakistan Muslim League
OccupationPolitician
Businessman

Early life

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

Career

Political career

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 career

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

Awards and recognition

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

References
  1. "Debts deal frees detained Pakistani tycoon". BBC. 23 February 2001.
  2. "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.
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