“Action would be taken against benami properties as per law of the country and the money recovered from such benami properties and companies would be deposited to the national exchequer. He made it clear that the government would continue taking action against money laundering, benami properties and benami companies and trades. Sharing their details, the PM’s aide said these companies include sugar mills, construction companies, cement factory, trading companies, automobile manufacturing companies, holding companies, consultant firms and gas companies etc. These companies include Al-Miftah (Pvt) Ltd, Sky Pak (Pvt) Ltd, Seracom Stock and Capital (Pvt) Ltd, Alfa Zulu Company (Pvt) Ltd, Paramount Builders and Devs (Pvt) Ltd, New Thatta Sugar Mills (Pvt) Ltd, Pak Ethanol (Pvt) Ltd, Bandhi Sugar Mills Ltd, Rubicon Builders and Devs (Pvt) Ltd, Seracom Builders and Devs (Pvt) Ltd, Parthenon (Pvt) Ltd, Pak Track (Pvt) Ltd, Vanguard Sugar Mills (Pvt) Ltd. He claimed that former president Zardari established sugar mills and other properties through threat and extortion.

Source: The Express Tribune July 17, 2019 04:40 UTC