Liaqat Khan Tarakai
لیاقت خان ترکئی
Member of the Senate of Pakistan
Assumed office
March 2021
Member of the Senate of Pakistan
In office
March 2015 – March 2021[1]
Managing Director
Gloria Jean’s Coffees International
Assumed office
March 2008
Managing Partner
DHA Cogen.Ltd/AEI Energy International Houston USA
Assumed office
August 2006
Chief Executive Officer
Crowne Plaza Hotels & Resorts
Assumed office
November 1999
Chief Executive Officer
Japan Power
Assumed office
April 1992
Personal details
NationalityPakistani
Political party Pakistan Tehreek-e-Insaf (2021-present)
ChildrenShahram Khan
Faisal Khan Tarakai
Jehangir Khan Tarakai
RelativesUsman Khan Tarakai (cousin)
Mohammad Ali Tarkai (brother)
NicknameTobacco King of KPK

Liaqat Khan Tarakai (Urdu: لیاقت خان ترکئی) also known as the Tobacco King of KP, 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.[2]

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 Rs. 213 million (equivalent to Rs. 1.1 billion or US$3.8 million in 2021) without giving any further details or addresses and declared that he had no immoveable property outside Pakistan.[2]

He declared his business capital within Pakistan as Rs. 107 million (equivalent to Rs. 540 million or US$1.9 million in 2021), one vehicle Rs. 3.4 million (equivalent to Rs. 17 million or US$60,000 in 2021), jewelry worth Rs. 3 million (equivalent to Rs. 15 million or US$53,000 in 2021), cash in hand Rs. 200,000 (equivalent to Rs. 1.0 million or US$3,500 in 2021), bank balance Rs. 11.043 million (equivalent to Rs. 56 million or US$190,000 in 2021), and furniture valued at Rs. 2 million (equivalent to Rs. 10 million or US$35,000 in 2021).[2]

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.[3][4][5]

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.[6]

ICIJ Offshore data leaks

On 12 May 2016, the International Consortium of Investigative Journalists revealed in offshore data leaks that Liaqat incorported 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.[2]

References

  1. ↑ https://senate.gov.pk/en/profile.php?uid=866
  2. 1 2 3 4 "PTI minister's father and senator owns offshore company". www.thenews.com.pk. 12 May 2016. 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.
  3. ↑ "Senate Election: Unofficial Results". www.thenews.com.pk. Archived from the original on 24 August 2017. Retrieved 24 August 2017.
  4. ↑ "Senate Elections 2015: PML-N, PPP almost get equal representation in upper house | Pakistan | Dunya News". dunyanews.tv. Archived from the original on 16 September 2017. Retrieved 24 August 2017.
  5. ↑ "46 Senators-elect take oath - Samaa TV". www.samaa.tv. Archived from the original on 24 August 2017. Retrieved 24 August 2017.
  6. ↑ https://senate.gov.pk/en/profile.php?uid=991
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