Created by anon
Last edited January 5, 2022
Abdul Razzak Yaqoob
Born(1944-05-07)7 May 1944[1]
Died21 February 2014(2014-02-21) (aged 69)[1]
London, United Kingdom
NationalityPakistani
Known forFounder of ARY Digital Network

Abdul Razzak Yaqoob (7 May 1944 – 21 February 2014) was a Pakistani gold bullion trader who founded ARY Gold in the United Arab Emirates and later ARY Media Group.

Early life[edit | edit source]

He was born in Surat, British India to Memon family in 1944 which later migrated to Karachi after partition.[2]

Business career[edit | edit source]

Yakoob moved to the United Arab Emirates in the 1960s and started gold business with an outlet in Dubai. He founded ARY Group in 1972 and launched a private television channel ARY Digital in 2000.[2]

He was associated with the ARY Gold bribery case in which he paid a bribe to then Finance Minister of Pakistan Asif Ali Zardari to get exclusive rights to import and trade gold in Pakistan.[2] In January 1994, Schlegelmilch established a British Virgin Island based named Capricorn Trading, with Zardari as its owner.[3]

Death[edit | edit source]

He died on 21 February 2014 in London, United Kingdom.[2]

References[edit | edit source]

  1. ↑ 1.0 1.1 "ARY Founder Haji Abdul Razzaq passes away". Dawn (newspaper).
  2. ↑ 2.0 2.1 2.2 2.3 Reporter, The Newspaper's Staff (22 February 2014). "Founder of ARY Group passes away". Dawn (newspaper).
  3. ↑ Burns, John F. "HOUSE OF GRAFT: Tracing the Bhutto Millions -- A special report.; Bhutto Clan Leaves Trail of Corruption". New York Times.


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