Ehsan-ul-Haq Piracha (1932 – 2019) was a Pakistani politician.[1]
Early life
He was from the town of Bhera in Sargodha District, Punjab, Pakistan.
Career
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
Ehsan ul-Haq Piracha died in Islamabad on 1 February 2019.[4]
References
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