#Nationalization

3 entries

People (2)

Saigol family Punjabi textile and industrial family whose account Agha Hasan Abedi carried from Habib Bank to United Bank and BCCI, and which owed BCCI 44 million dollars by 1990.
Zulfikar Ali Bhutto Pakistani prime minister whose government nationalized Agha Hasan Abedi's United Bank in 1974, who was deposed by Zia ul-Haq in 1977 and hanged in 1979.

Organizations (1)

United Bank Limited Pakistani bank founded by Agha Hasan Abedi in 1959, nationalized under Zulfikar Ali Bhutto in 1974, and sold in 2002 to the Abu Dhabi Group and Bestway.