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Ali Jahangir Siddiqui JS Bank GEO

PM nominates Ali Jahangir Siddiqui as ambassador to US

ISLAMABAD: The government is considering appointing Ali Jahangir Siddiqui, the son of a renowned businessman, as Pakistan’s ambassador to the US, sources said.
However, there was no official confirmation of the development. Both the Prime Minister Office and foreign ministry were tightlipped.
It is also not clear whether the government has sent his name to Washington for formal approval. Ambassadors are only appointed when the host country formally gives its assent.
Sources said the proposal for appointing Siddiqui as envoy to the US was under serious consideration after the government decided not to give an extension to the incumbent Aizaz Ahmed Chaudhry.
At a weekly news briefing on Thursday, Foreign Office spokesperson Dr Muhammad Faisal said those were administrative matters when asked whether any decision had been taken regarding the appointment of a new ambassador to the US.
Siddiqui, who is currently serving as a special assistant to the prime minister, is the chairman of JS Bank and JS Private Equity and is the son of the eponymous JS – business tycoon Jahangir Siddiqui.
He has some public sector experience as well, having served as a member of the Privatisation Commission, member of the Private Sector Advisory Board of the Planning Commission, member of the Sindh Board of Investment, and as a member of the Community Development Board of the government of Sindh.
He also previously served as executive director of JS Investments. Before moving to Pakistan in 2002, Siddiqui worked in Hong Kong as a director with Crosby Capital, an Asian private equity asset management firm that managed over $400 million – including funds managed on behalf of the Hong Kong and Korean governments.
Siddiqui’s other business interests include the UAE-based Arabian Gulf Steel – Canadian oil and gas company Jura Energy, UAE-based RAK Ghani Glass, and Saudi-based Star Marine Services.
He was also honorary CEO of the charity organization Mahvash and Jahangir Siddiqui Foundation.
Siddiqui holds a BA in economics from Cornell University in New York and was honoured by the World Economic Forum as a Young Global Leader in 2014.

With ambassadors like this, who needs enemy lobbies?
Ali Jahangir Siddiqui is the son of Jahangir Siddiqui, owner of JS Bank, and son-in-law of Mir Shakil ur Rehman, owner of Jang/Geo.
JS company, in which Ali holds a to post, is involved in massive corruption in the Azgard Nine scandal of shares manipulation in the stock exchange.
In another scandal, JS company used Geo for a defamatory campaign against then-SPB and SECP chairmen, who were blocking his illegal of HSBC Bank in Pakistan. JS then literally abducted the chairmen and forced them to OK the acquisition. The chairmen had to resign and flee the country.
In another mass corruption, JS company’s Spirit Energy forged fake NOCs for CNG stations. FIA has registered 13 separate criminal cases against Spirit Energy.
JS is also involved in share manipulation in the Pakistan International Container Terminal Limited. When the shareholders agreed to sell their shares and hand the company to its legal acquirer, JS sold its shares to Bank Julious Baer, which is allegedly works as the front manipulator for JS himself.
Of course, who can forged the infamous NICL scandal? JS played an integral part in the corruption, which cost the national exchequer a loss of billions.
JS is also involved in insurance scandal with ICI and EFU, which are currently being investigated.
So, of course, Ali qualifies as Ambassador to the United States. Why not?
The single biggest crime of the PML-N is destroying Pakistan’s foreign policy, and for that they must be held accountable brutally!

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