Sultan Ali Lakhani
Encyclopedia
Sultan Ali Lakhani is one of the richest people in Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

. He has a B.A degree in Economics from Karachi University. Sultan Ali currently holds the following positions:
  • Joint owner the Lakson Group
    Lakson Group
    The Lakson Group, was founded in 1954. Lakson Group is a well-known business group in Pakistan. The conglomerate is run by the Lakhani brothers among whom Iqbal Ali Lakhani is Chairman of the Lakson group. His siblings are Amin Lakhani, Sultan Lakhani and Zulfiqar Lakhani. Its head office is...

  • CEO of Century Publications (Pvt. Ltd.), Editor-in-Chief of the Daily Express
    Daily Express
    The Daily Express switched from broadsheet to tabloid in 1977 and was bought by the construction company Trafalgar House in the same year. Its publishing company, Beaverbrook Newspapers, was renamed Express Newspapers...

     & Express News
    Express News
    Express News may refer to:* Express News , a Pakistan private TV Channel* Express Newspapers, a British newspaper group* San Antonio Express-News, an American daily newspaper...

     Channel (Pvt. Ltd.)
  • Honorary Consul General of Mexico in Pakistan
  • Member, Senate (Upper House) of Pakistan from 1987 to 1994
  • Advisor to the Century Insurance Company Limited

Criticism

Sultan Ali caused controversy in 2006 when a legal notice was served against him. Allegations accused his newspaper of printed false stories regarding the televising of a Sports Cup.

Sultan Ali Lakhani was questioned by the National Accountability Bureau (NAB) in Spring 2000 regarding alleged charges which include: underwriting bonds
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...

 to a member of Pakistan's political dynasty, evasion of excise duty, concealment of foreign property and Merchant banking in domiciled offshore institutions to avoid paying tax.
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