Sultan Ali Lakhani

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 (age 76)
Gondia, Maharashtra, India
NationalityPakistani
Political partyPakistan Muslim League
OccupationPolitician
Businessman

Sultan Ali Lakhani (born 24 July 1948) 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 a member of the Senate of Pakistan from March 1988 to March 1994.

Early life

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

Career

Lakhani 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. They co-owned fast-food chain McDonald's (Pakistan). They were arrested for failing to pay back loans they had taken from various banks.[4][5]

Lakhani is also the owner of Lakson Group and was the Honorary Consul of Mexico in Karachi.[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. Archived from the original on 9 November 2022. Retrieved 27 February 2022.
  2. ^ a b c d "Profile of Sultan Ali Lakhani on Senate of Pakistan website (his first term)". senate.gov.pk. Archived from the original on 30 November 2020. 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. ^ "Anti-corruption squad holds McDonalds boss". news.bbc.co.uk. BBC News. 11 May 2000. Retrieved 19 December 2024.
  5. ^ "Pakistan arrests loan defaulters, including McDonald's co-owner". UPI (news agency). Archived from the original on 8 September 2018. 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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