Nawaz Sharif means business to curb energy shortages..

[Silaaj]

Re: Nawaz Sharif means business to curb energy shortages..

@Aceones

see what i got by little googling
Daily Times - Leading News Resource of Pakistan

ittefaq foundries are no more owned by not-so-sharifs, they surrendered it to banks to settle some loan, and they were later auctioned, some industrial group from faisalabad bought ittefaq foundries then. and the outstanding balance is from the era when they were in exile and these factories were run probably by govt/banks

moral of the story: little research can save us from propagating lies

Sharifs ‘resigned’ from Ittefaq foundries in 1997 after giving it up as a replacement for their loans. Noone has bought Ittefaq Foundries yet, but there are bids in place. However, there is a little something called a stay order, which has held off the sale of Ittefaq Foundries. Reason being, that Sharif’s cousins etc are partners in it as well.
The company was placed with the banks in lieu of the loan they took out for Hudaibiya Mills. A bit of homework, other than being a smart alec, goes a long way.

And finally, so long as it is not sold off, all liabilities are due to the original owners of Ittefaq foundries.