Liaqat Khan Tarakai Explained

Liaqat Khan Tarakai
Native Name:لیاقت خان ترکئی
Office:Member of the Senate of Pakistan
Term Start:March 2021
Office1:Member of the Senate of Pakistan
Term Start1:March 2015
Term End1:March 2021[1]
Office2:Managing Director
Gloria Jean’s Coffees International
Term Start2:March 2008
Office3:Managing Partner
DHA Cogen.Ltd/AEI Energy International Houston USA
Term Start3:August 2006
Office4:Chief Executive Officer
Crowne Plaza Hotels & Resorts
Term Start4:November 1999
Office5:Chief Executive Officer
Japan Power
Term Start5:April 1992
Nationality:Pakistani
Party:Pakistan Tehreek-e-Insaf (2021-present)
Relatives:Usman Khan Tarakai (cousin)
Mohammad Ali Tarakai (brother)
Children:Shahram Khan
Faisal Khan Tarakai
Jehangir Khan Tarakai

Liaqat Khan Tarakai (Urdu: {{Nastaliq|لیاقت خان ترکئی) is a Pakistani businessman and politician who is serving his second term as Member of the Senate of Pakistan since March 2021, representing the Pakistan Tehreek-e-Insaf.

Early life

Liaqat Khan Tarakai was born in Tarakai House of Razar Tehsil, Swabi district, Khyber Pakhtunkhwa.

Political career

Assets Declaration

In his declaration of assets and liabilities to the Election Commission of Pakistan in March 2015, he declared only the total current value of his immoveable properties held within Pakistan, at without giving any further details or addresses and declared that he had no immoveable property outside Pakistan.

He declared his business capital within Pakistan as, one vehicle, jewelry worth, cash in hand, bank balance, and furniture valued at .

2015 Senate Election

He was elected to the Senate of Pakistan as a candidate of the Pakistan Tehreek-e-Insaf in the 2015 Pakistani Senate election.[2] [3] [4]

2021 Senate Election

He was elected to the Senate of Pakistan as a candidate of the Pakistan Tehreek-e-Insaf in the 2021 Pakistani Senate election.[5]

ICIJ Offshore data leaks

On 12 May 2016, the International Consortium of Investigative Journalists revealed in offshore data leaks that Liaqat incorporated the offshare company Ambassador Overseas Limited in the British Virgin Islands in 1998 without Tarakai in his name. The offshore company is linked with the Pakistani company Imperial Cigarette Industries Pvt LTD, which is Tarakais main business. The News International sent questions to Liaqat and his son Shahram Khan, who received them but declined to comment.[6]

Notes and References

  1. https://senate.gov.pk/en/profile.php?uid=866
  2. News: Senate Election: Unofficial Results. 24 August 2017. www.thenews.com.pk. en. live. https://web.archive.org/web/20170824180801/https://www.thenews.com.pk/latest/2135-senate-election-unofficial-results. 24 August 2017.
  3. News: Senate Elections 2015: PML-N, PPP almost get equal representation in upper house Pakistan Dunya News. 24 August 2017. dunyanews.tv. live. https://web.archive.org/web/20170916145609/http://dunyanews.tv/en/Pakistan/265570-Senate-Elections-2015-PMLN-PPP-almost-get-equal. 16 September 2017.
  4. News: 46 Senators-elect take oath - Samaa TV. 24 August 2017. www.samaa.tv. live. https://web.archive.org/web/20170824220002/https://www.samaa.tv/pakistan/2015/03/46-senators-elect-take-oath/. 24 August 2017.
  5. https://senate.gov.pk/en/profile.php?uid=991
  6. News: PTI minister’s father and senator owns offshore company. www.thenews.com.pk. 12 May 2016 . en. The offshore leaks data of the International Consortium of Investigative Journalists (ICIJ) shows that PTI’s Liaqat Ali Khan Tarakai incorporated offshore company ‘Ambassador Overseas Limited’ at the address Portcullis TrustNet Chambers PO Box 3444, Road Town, Tortola, British Virgin Islands in 1998 without using word Tarakai in his name, shows he is director and shareholder of this offshore company..