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Ehsan-ul-Haq Piracha

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Ehsan-ul-Haq Piracha (1932-2019) was a Pakistani politician.[1]

Early life

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He was from the town of Bhera in Sargodha District, Punjab, Pakistan.

Career

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He was elected as a member of the Punjab Assembly in 1970 and 1977, serving as the minister for communication and works in the provincial cabinet until the imposition of martial law in July 1977.[2]

Piracha also served as the president of the Rawalpindi-Islamabad Chamber of Commerce and Industries.[2] In 1985, he was elected as a senator against a technocrat seat, a position he held until 1988. Subsequently, Piracha was elected to the National Assembly in 1988 and 1990.[2]

From December 4, 1988, to December 6, 1990, Piracha served as the state minister for finance in the cabinet of Prime Minister Benazir Bhutto.[2] In this role, he was responsible for overseeing the country's economic policies during his tenure.[2] In 1989, a Pakistani high court judge investigated the authorization of a new stock exchange, Islamabad Stock Exchange.[3] The judge's findings revealed that the Piracha had helped approve the deal, which exclusively favored a company with which he had previously served as a director.[3] Additionally, a member of the minister's family held a directorship at the same company at the time of the deal's approval.[3] The judge presiding over the case issued a strongly worded opinion, alleging that the finance minister had engaged in improper dealings related to the authorization of the new stock exchange.[3]

Prior to the 2013 general elections, Piracha and his family joined the Pakistan Tehreek-i-Insaf (PTI) political party.[2]

Death

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Ehsan ul-Haq Piracha died in Islamabad on 1 February 2019.[4]

References

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  1. ^ "Pirachas again go for NA-64: A test of voters' memory". Dawn. 16 November 2005. Retrieved 5 June 2023.
  2. ^ a b c d e f Correspondent, The Newspaper's (3 February 2019). "Former minister Ehsan Piracha laid to rest". DAWN.COM. {{cite web}}: |last= has generic name (help)
  3. ^ a b c d Coll, Steve (7 August 1990). "ALLEGATIONS OF CORRUPTION HARMED BHUTTO". Washington Post.
  4. ^ Former Finance Minister Ehsan-ul-Haq Piracha Passes Away, UrduPoint