Knowledge

Agha Hasan Abedi

Source 📝

300:, the BCCI began its operations from a two-room head office in London. It developed into a worldwide banking operation with branches in 72 countries and 16,000 employees. Abedi was personally responsible for inducing a large number of Pakistanis into the field of international banking and almost 80 per cent of the BCCI's top executive positions at the head office and in branches in various countries were held by Pakistanis. "It was founded by the charismatic Agha Hasan Abedi in 1972, backed by Middle Eastern investors and run mostly by the South Asians." Abedi severed his connection with BCCI in 1990 after suffering a heart attack and led a retired life in Karachi until his death due to 317: 351:
The Infaq Foundation has only one office in Karachi, Pakistan. It has capital and reserves of over Rs. 2.50 billion, which in 2009 is equivalent to just over US$ 30 million. Major beneficiaries among the known institutions are,
243:
service and banking support to trade and industry, paying particular attention to the bank's overseas operations. One of the first to comprehend the opportunities offered by the oil boom in the
452: 419: 369: 321: 923: 786: 497: 928: 271:
only. For a decade, it was the fastest growing bank in the world. At its peak, it operated in more than seventy countries and had about 1.3 million depositors.
392: 388: 239:(UBL). He was the Founder and the first President. Under his stewardship, UBL became the second largest bank in Pakistan. Abedi introduced the concept of 391:
in 1980 with a donation of Rs. 100 million, to promote education in computer science. It is now the first multi-campus university of Pakistan, known as
365: 943: 353: 913: 357: 673: 636: 918: 613: 868: 439: 435: 264: 166: 112: 933: 898: 305: 903: 888: 878: 501: 938: 873: 837: 831: 596: 908: 893: 430:
Hasan Abedi was married to Rabia Abedi. The couple had a daughter named Maha. Although Abedi was born into a
948: 750: 565: 526: 290: 277:
In July 1991, it was found by international regulators that the bank was involved in a massive fraud and
863: 252: 780: 301: 883: 710: 361: 286: 247:, Abedi pioneered close economic collaboration in the private sector between Pakistan and the 654: 471: 282: 858: 853: 248: 217: 174: 442:
was not only a bank, but a god-gifted entity that was directly connected to the universe.
8: 236: 178: 728: 460: 377: 229: 213: 202: 85: 434:
family, he was a well-known Muslim mystic. During his speeches at the meetings of the
381: 691: 278: 799: 162: 467: 316: 209: 847: 198: 173:
scandals in history was unearthed. Before his death, he was convicted by the
170: 148: 48: 212:. He received a master's degree in English literature and a law degree from 244: 240: 205: 182: 177:
court of fraud and sentenced to eight years in prison. Abedi also founded
431: 20: 255:, extended his patronage to UBL operations both in Pakistan and abroad. 412: 337: 297: 438:, he would spend hours sharing his mystical beliefs. He believed that 181:. Abedi underwent a heart transplant operation in 1988, and died of a 396: 400: 345: 341: 66: 614:"The man behind the bust: a chance encounter that changed history" 453:
Ghulam Ishaq Khan Institute of Engineering Sciences and Technology
420:
Ghulam Ishaq Khan Institute of Engineering Sciences and Technology
370:
Ghulam Ishaq Khan Institute of Engineering Sciences and Technology
322:
Ghulam Ishaq Khan Institute of Engineering Sciences and Technology
832:
About Foundation for Advancement of Science and Technology (FAST)
404: 194: 62: 44: 208:
family with members who served as advisors and courtiers to the
408: 158: 815:, Centre for Development of Social Services – Official Website 456: 333: 19:
This article is about the financier. For the journalist, see
818: 751:"Hilal-i-Imtiaz Award for the late Agha Hasan Abedi in 2015" 384:
was the first Chairman of the Foundation from 1983 to 1995.
258: 373: 674:"Agha Hasan Abedi, 74, Dies in the Shadow of a Vast Fraud" 637:"Agha Hasan Abedi, 74, Dies In the Shadow of a Vast Fraud" 812: 597:"The heir to Agha Hasan Abedi - Profit by Pakistan Today" 228:
Abedi started his career at the age of 24 when he joined
729:"The BCCI Affair – 3 The origin and early years of BCCI" 329: 393:
National University of Computer and Emerging Sciences
169:(BCCI) and saw its collapse after one of the biggest 500:. Dawn Wire Service. 9 August 1995. Archived from 802:, Federation of American Scientists (www.fas.org) 529:. The Express Tribune newspaper. 10 February 2015 366:Sir Syed University of Engineering and Technology 157:), (14 May 1922 – 5 August 1995) was a Pakistani 924:Bank of Credit and Commerce International people 845: 807:CDSS – Centre for Development of Social Services 929:Pakistani people convicted of money laundering 616:. The Express Tribune newspaper. 13 April 2015 466:Agha Hasan Abedi was posthumously awarded the 354:Sindh Institute of Urology and Transplantation 358:National Institute of Cardiovascular Diseases 188: 608: 606: 418:Abedi also contributed funds to establish 328:Abedi founded charitable organisations in 153: 672:Thomas, Robert McG. Jr. (6 August 1995). 635:Thomas, Robert McG. Jr. (6 August 1995). 521: 519: 492: 490: 488: 274:In 1988, he left because of poor health. 265:Bank of Credit and Commerce International 259:Bank of Credit and Commerce International 167:Bank of Credit and Commerce International 113:Bank of Credit and Commerce International 315: 293:. Subsequently, its assets were seized. 711:"Spies hide as Bank faces BCCI charges" 603: 566:"Agha Hasan Abedi; Banker Founded BCCI" 560: 558: 556: 554: 552: 550: 548: 546: 544: 474:in 2015 for his services to the nation. 216:. Abedi migrated to Pakistan after the 846: 671: 634: 591: 589: 587: 585: 583: 581: 579: 516: 485: 944:Fugitives wanted by the United States 708: 470:, a Pakistani Civilian Award, by the 306:Aga Khan University Hospital, Karachi 914:People convicted of money laundering 821:, Korangi Academy – Official Website 541: 527:"Posthumous honour for BCCI founder" 576: 395:. It has five campuses situated in 152: 13: 445: 14: 960: 919:Fugitives wanted on fraud charges 769: 267:(BCCI) initially with funding of 253:Sheikh Zayed bin Sultan Al Nahyan 869:Pakistani white-collar criminals 709:Walsh, Conal (19 January 2003). 463:, Pakistan, was named after him. 425: 743: 721: 702: 451:Agha Hasan Abedi Auditorium at 324:at the 8th Science Fair in 2007 311: 684: 665: 647: 628: 498:"Agha Hasan Abedi passes away" 1: 478: 193:Agha Hasan Abedi was born in 185:on 5 August 1995 in Karachi. 934:20th-century philanthropists 899:Recipients of Hilal-i-Imtiaz 787:Agha Hasan Abedi passes away 320:Agha Hasan Abedi Auditorium 16:Pakistani banker (1922–1995) 7: 904:Heart transplant recipients 889:Businesspeople from Karachi 879:Businesspeople from Lucknow 291:Central Intelligence Agency 263:In 1972, Abedi started the 235:In 1959, Abedi founded the 10: 965: 251:(UAE). The UAE President, 18: 939:People convicted of fraud 874:Pakistani philanthropists 753:. Samaa TV. 22 March 2015 223: 134: 126: 118: 107: 99: 91: 81: 73: 55: 37: 30: 643:– via NYTimes.com. 189:Early life and education 59:5 August 1995 (aged 73) 655:"Too little, too late" 362:Lady Dufferin Hospital 325: 287:Abu Nidal Organization 283:Colombian drug cartels 834:, National University 472:President of Pakistan 319: 201:, to a Urdu Speaking 909:Pakistani fraudsters 894:Pakistani financiers 249:United Arab Emirates 218:creation of Pakistan 175:United Arab Emirates 949:People from Karachi 789:, Dawn wire service 504:on 8 September 2006 387:Abedi also founded 237:United Bank Limited 179:United Bank Limited 678:The New York Times 659:www.thenews.com.pk 641:The New York Times 599:. 5 November 2018. 461:Khyber Pakhtunkhwa 378:Khyber Pakhtunkhwa 326: 230:Habib Bank Limited 214:Lucknow University 86:Lucknow University 864:Pakistani bankers 692:"The Go-Go Years" 570:Los Angeles Times 382:Ghulam Ishaq Khan 142: 141: 100:Years active 956: 781:Agha Hasan Abedi 763: 762: 760: 758: 747: 741: 740: 738: 736: 725: 719: 718: 706: 700: 699: 696:www.geocities.ws 688: 682: 681: 669: 663: 662: 651: 645: 644: 632: 626: 625: 623: 621: 610: 601: 600: 593: 574: 573: 572:. 6 August 1995. 562: 539: 538: 536: 534: 523: 514: 513: 511: 509: 494: 368:in Karachi, and 279:money laundering 270: 156: 155: 145:Agha Hasan Abedi 119:Criminal penalty 32:Agha Hasan Abedi 28: 27: 964: 963: 959: 958: 957: 955: 954: 953: 844: 843: 840:, GIK Institute 819:Korangi Academy 800:The BCCI Affair 772: 767: 766: 756: 754: 749: 748: 744: 734: 732: 727: 726: 722: 707: 703: 690: 689: 685: 670: 666: 653: 652: 648: 633: 629: 619: 617: 612: 611: 604: 595: 594: 577: 564: 563: 542: 532: 530: 525: 524: 517: 507: 505: 496: 495: 486: 481: 448: 446:Award and honor 428: 314: 269:US$ 2.5 million 268: 261: 226: 191: 163:convicted felon 154:آغا حسَن عابِدی 82:Alma mater 69: 60: 51: 42: 33: 24: 17: 12: 11: 5: 962: 952: 951: 946: 941: 936: 931: 926: 921: 916: 911: 906: 901: 896: 891: 886: 884:Muhajir people 881: 876: 871: 866: 861: 856: 842: 841: 835: 828: 827: 823: 822: 816: 809: 808: 804: 803: 796: 795: 791: 790: 784: 777: 776: 771: 770:External links 768: 765: 764: 742: 720: 701: 683: 664: 646: 627: 602: 575: 540: 515: 483: 482: 480: 477: 476: 475: 468:Hilal-i-Imtiaz 464: 447: 444: 427: 424: 313: 310: 296:Registered in 260: 257: 225: 222: 210:Nawab of Awadh 190: 187: 140: 139: 136: 132: 131: 128: 124: 123: 122:8 years prison 120: 116: 115: 109: 108:Known for 105: 104: 101: 97: 96: 93: 89: 88: 83: 79: 78: 75: 71: 70: 61: 57: 53: 52: 43: 39: 35: 34: 31: 15: 9: 6: 4: 3: 2: 961: 950: 947: 945: 942: 940: 937: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 905: 902: 900: 897: 895: 892: 890: 887: 885: 882: 880: 877: 875: 872: 870: 867: 865: 862: 860: 857: 855: 852: 851: 849: 839: 836: 833: 830: 829: 825: 824: 820: 817: 814: 811: 810: 806: 805: 801: 798: 797: 793: 792: 788: 785: 782: 779: 778: 774: 773: 752: 746: 730: 724: 716: 712: 705: 697: 693: 687: 679: 675: 668: 660: 656: 650: 642: 638: 631: 615: 609: 607: 598: 592: 590: 588: 586: 584: 582: 580: 571: 567: 561: 559: 557: 555: 553: 551: 549: 547: 545: 528: 522: 520: 503: 499: 493: 491: 489: 484: 473: 469: 465: 462: 458: 454: 450: 449: 443: 441: 437: 433: 426:Personal life 423: 421: 416: 414: 410: 406: 402: 398: 394: 390: 385: 383: 379: 375: 371: 367: 363: 359: 355: 349: 347: 343: 339: 335: 331: 323: 318: 309: 307: 303: 302:heart failure 299: 294: 292: 288: 284: 280: 275: 272: 266: 256: 254: 250: 246: 242: 238: 233: 231: 221: 219: 215: 211: 207: 204: 200: 199:British India 196: 186: 184: 180: 176: 172: 171:banking fraud 168: 164: 160: 150: 146: 137: 133: 129: 125: 121: 117: 114: 110: 106: 102: 98: 94: 90: 87: 84: 80: 76: 72: 68: 64: 58: 54: 50: 49:British India 46: 40: 36: 29: 26: 22: 775:Biographical 755:. Retrieved 745: 733:. Retrieved 723: 715:The Guardian 714: 704: 695: 686: 677: 667: 658: 649: 640: 630: 618:. Retrieved 569: 531:. Retrieved 506:. Retrieved 502:the original 429: 417: 386: 380:, Pakistan. 350: 327: 312:Philanthropy 295: 276: 273: 262: 245:Persian Gulf 241:personalised 234: 227: 206:middle class 192: 183:heart attack 165:who founded 144: 143: 25: 859:1995 deaths 854:1922 births 735:25 December 432:Shia Muslim 130:Rabia Abedi 111:Founder of 74:Nationality 41:14 May 1922 21:Hasan Abedi 848:Categories 794:About BCCI 757:15 January 620:15 January 533:15 January 508:15 January 479:References 413:Faisalabad 338:Bangladesh 298:Luxembourg 92:Occupation 731:. Fas.org 436:BCCI Bank 397:Islamabad 389:BCCI FAST 308:in 1995. 220:in 1947. 103:1946–1990 77:Pakistani 783:, Salaam 401:Peshawar 346:Pakistan 342:Zimbabwe 135:Children 67:Pakistan 838:Genesis 405:Karachi 203:Muhajir 195:Lucknow 63:Karachi 45:Lucknow 409:Lahore 289:, and 224:Career 159:banker 127:Spouse 95:Banker 826:Misc. 457:Swabi 334:India 813:CDSS 759:2017 737:2018 622:2017 535:2017 510:2017 440:BCCI 411:and 374:Topi 364:and 344:and 281:for 161:and 149:Urdu 56:Died 38:Born 372:in 304:at 850:: 713:. 694:. 676:. 657:. 639:. 605:^ 578:^ 568:. 543:^ 518:^ 487:^ 459:, 455:, 422:. 415:. 407:, 403:, 399:, 376:, 360:, 356:, 348:. 340:, 336:, 332:, 330:UK 285:, 232:. 197:, 151:: 65:, 47:, 761:. 739:. 717:. 698:. 680:. 661:. 624:. 537:. 512:. 147:( 138:1 23:.

Index

Hasan Abedi
Lucknow
British India
Karachi
Pakistan
Lucknow University
Bank of Credit and Commerce International
Urdu
banker
convicted felon
Bank of Credit and Commerce International
banking fraud
United Arab Emirates
United Bank Limited
heart attack
Lucknow
British India
Muhajir
middle class
Nawab of Awadh
Lucknow University
creation of Pakistan
Habib Bank Limited
United Bank Limited
personalised
Persian Gulf
United Arab Emirates
Sheikh Zayed bin Sultan Al Nahyan
Bank of Credit and Commerce International
money laundering

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.