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
Nationality	Pakistani
Political party	Pakistan Muslim League
Occupation	Politician 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. "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.