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Epaper Saturday, October 16, 2021

World

Son of ex-Afghan defence minister buys $20.9 mn mansion in Miami

October 11, 2021 02:23 PM

Kabul, Daoud Wardak, the son of former Afghan Defence Minister Abdul Rahim Wardak, has bought a super luxury mansion in Beverly Hills, Miami, Florida, for $20.9 million.
He already owns a $5.2 million Miami Beach condo at the prestigious St. Regis Bal Harbour Resort, Khaama news agency reported.
Through his businesses and wealth origins are not publicly well-known, public corporation records show he is the president of a Miami-based firm called AD Capital Group.

Other reports indicated that his older brother Hamed Wardak is also a successful businessman who runs military transportation company NCL Holdings.
The company is based in Virginia but operating primarily in Afghanistan.
The NCL had secured lucrative US government contracts that were reportedly worth $360 million.
Based on the contracts the NCL was protecting America’s supply routes in Afghanistan.
Daoud Wardak has bought a house worth millions of dollars at a time when over 20 million people in Afghanistan are hand to mouth and millions of children are malnourished, with hundreds of thousands more displaced internally, the agency commented.

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