UPDATE
After Pakistan Think Tank Investigative Reports Publication Many of these companies changed names and morphed under different titles.But, the key characters like Younus Habib,Sharif Bros, Tawakkal Group still do business in Pakistan.Euroguld Enterprises owners have either absconded or in hiding or protected by Asif Zardari and Nawaz Sharif/
PAKISTAN THINK TANK INVESTIGATION EXPOSING THE RATS: PAKISTAN’S STATE BANK LOAN DEFAULTERS LIST: NO.1 DEFAULTER: EURO GULF ENTERPRISES
Here is the URL of their company:
http://www.egpipes.com/contact.php
If Pakistanis have concrete proof of other defaulters, no on this list, we will publish it for all the world to see. Your Privacy will be protected, your name and location will not be exposed.
Please e-mail to:
(Report by Daily Jang, 21.10.2010)
The State Bank of Pakistan presented a list of loan defaulters before the Supreme Court on Wednesday October 20, 2010.
| Defaulter Company | Rs. in mil. |
| Eurogulf Enterprises | 5.342.55 |
| Younus Habib | 2.476.40 |
| West Pakistan Tank Terminal | 1.977.38 |
| Mercury Garments Industries | 1.565.89 |
| Siraj Steels Ltd Muridke | 1.412.66 |
| Spinning Machinery Co | 1.387.60 |
| Saad Cement Ltd Karachi | 1.265.97 |
| Pakistan National Textile | 1.166.45 |
| Mehr Dastagir Spinning Mills | 1.160.50 |
| Karachi Property Investment | 1.003.19 |
| Mohib Textile Mills | 1.117.49 |
| Redco Textiles Ltd | 1.116.77 |
| Chaudhry Cables | 1.050.58 |
| Abdullah S Al Rajhiest | 1.031.90 |
| Quality Steel Works | 981.60 |
| Mekran Fisheries | 960.12 |
| Kohinoor Looms | 945.41 |
| AH International Private Limited | 901.21 |
| Coral Cast Ltd | 900.92 |
| Aziz Spinning | 864.95 |
| Rashi Testile Mills | 859.17 |
| Farooq Habib Textile | 827.15 |
| Northern Polythene | 825.59 |
| Firdous Spinning Mills | 780.14 |
| Muhammad Ibrahim Murad | 748.15 |
| Metropolitan Steel | 747.67 |
| Tristar Polyester Ltd | 737.02 |
| Bindder Insad Tourism | 734.44 |
| Commodore Industries | 722.76 |
| Target Readymade Garments | 696.46 |
| Balochistan Foundary Ltd | 663.54 |
| Tawakkal Group of Industries | 642.22 |
| First Tawakal Muzarba | 628.65 |
| Synthetic Leather Industries | 620.56 |
| Nabchoon Garments Factory | 597.52 |
| Golden Textile Mills | 589.72 |
| Mian Muhammad Sugar Mills (Owners
Sharif Brothers |
584.90 |
| Saadi Cement | 584.11 |
| Service Fabrics Ltd | 571.23 |
| Punjab Cooperative Board for Liquidation | 538.23 |
| Glamour Textile Mills | 533.88 |
| Punjab Road Transport Corporation | 524.15 |
| Ravi Agri Dairy Products | 509.73 |
| Pakistan Concrete | 477.70 |
| Pakpattan Dairies | 467.12 |
| AlJamia & Alquasi Trading | 462.67 |
| Fabri Tex Limited | 454.32 |
| Apparel Trading Establishment | 454.00 |
| Adamjee Industries | 448.84 |
