Asim Bajwa, 57, is also now the chairman of China-Pakistan Economic Corridor. If in his declaration, Asim wanted to declare his wife’s investments in United States by writing Rs3.1 million in the column of “Investments”, he could never have written word “NIL” in the specific column “Business Capital Outside Pakistan”. Asim also categorically declared that neither he nor his wife have any “Business Capital outside Pakistan”. Asim declared that he and his wife have no “Immovable Property Held outside Pakistan”. In his declaration of assets and liabilities signed in June as special assistant to Prime Minister Imran Khan, Asim Bajwa declared an investment of $18,468 (rupees 3.1 million) in his wife’s name. Estimated current net worth of businesses and properties of these companies jointly owned by Farrukh Zeba stands at $52.7 million. The records of US state governments and other records related to companies show that some of these American companies (all jointly owned by Asim’s wife Farrukh Zeba) also have investments in real estate sector and own some thirteen commercial properties in the United States including two shopping centers. At present, Asim’s wife, Farrukh Zeba, is associated with or is a shareholder in 85 companies including 82 foreign companies (71 in United States, seven in UAE and four in Canada). The businesses of the Bajwa family through different companies were named as Bajco Group.Īsim Bajwa’s sons joined the Bajco Group companies in 2015 and also started establishing new companies independent of the Bajco Group in Pakistan and in the United States after he became director general of ISPR and commander of the Southern Command.Īsim’s wife was a shareholder in all the foreign businesses from the very beginning. The Bajwa family’s companies spent an estimated $52.2 million to develop their businesses and $14.5 million to purchase properties in the United States, while Asim Bajwa and his department were encouraging Pakistanis to invest within their relatively undeveloped country. Out of total 99 companies, 66 are main companies, 33 companies are branch companies of some of the main companies while five companies are dead now. Nadeem Bajwa, 53, who started as a delivery driver for the pizza restaurant franchise, his brothers and Asim Bajwa’s wife and sons now own a business empire which set up 99 companies in four countries, including a pizza franchise with 133 restaurants worth an estimated $39.9 million. The growth of the Bajwa family’s business empire in the United States and later in Pakistan directly matches the rise in power of retired general Asim Saleem Bajwa, who is now chairman of the country’s massive China-financed infrastructure project and a special assistant to the prime minister.Īsim Bajwa’s younger brothers opened their first Papa John’s pizza restaurant in 2002, the year he went to work for General Pervez Musharraf as a lieutenant colonel on the military dictator’s staff. The image shows Lt Gen (R) Asim Saleem Bajwa, sons Muhammad Saleem Bajwa, Eusha Saleem Bajwa, Azib Saleem Bajwa, and wife Farrukh ZebaĪsim declared on oath his wife has no ‘business capital outside Pakistan’
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