Abdul Razzak Yaqoob Explained

Abdul Razzak Yaqoob
Birth Date:7 May 1944[1]
Birth Place:Surat, Bombay Presidency, British India
Death Place:London, United Kingdom
Known For:Founder of ARY Digital Network
Relatives:Salman Iqbal (nephew)[2]

Abdul Razzak Yaqoob (7 May 1944 – 21 February 2014) was a Pakistani gold bullion trader who founded ARY Gold in the United Arab Emirates and later ARY Media Group.

Early life

He was born in Surat, British India to Memon family in 1944 which later migrated to Karachi after partition.[3]

Business career

Yakoob moved to the United Arab Emirates in the 1960s and started gold business with an outlet in Dubai. He founded ARY Group in 1972 and launched a private television channel ARY Digital in 2000.[3]

He was associated with the ARY Gold bribery case in which he paid a bribe to then Prime Minister of Pakistan Benazir Bhutto to get exclusive rights to import and trade gold in Pakistan.[3] In January 1994, Schlegelmilch established a British Virgin Island based named Capricorn Trading, with Zardari as its owner.[4]

Death

He died on 21 February 2014 in London, United Kingdom.[3]

Notes and References

  1. News: ARY Founder Haji Abdul Razzaq passes away. Dawn (newspaper).
  2. News: Master of many arts. 23 March 2021. 1 February 2022. Khaleej Times (newspaper).
  3. Web site: Founder of ARY Group passes away. The Newspaper's Staff. Reporter. 22 February 2014. Dawn (newspaper).
  4. News: HOUSE OF GRAFT: Tracing the Bhutto Millions -- A special report.; Bhutto Clan Leaves Trail of Corruption. John F.. Burns. New York Times. 9 January 1998 .