 | | Z. A. Bhutto with the President of U. A. E. | On December 30, 1973, Bhutto laid the foundation of Pakistan's first steel mill at Pipri, near Karachi. On January 1, 1974, Bhutto nationalized all banks. On February 22, 1974, the second Islamic Summit was inaugurated in Lahore. Heads of States of most of the 38 Islamic countries attended the Summit.
Following a political crisis in the country, Bhutto was imprisoned by General Zia-ul-Haq, who imposed Martial Law on July 5, 1977.
On April 4, 1979, the former Prime Minister was hanged, after the Supreme Court upheld the death sentence passed by the Lahore High Court. The High Court had given him the death sentence on charges of murder of the father of a dissident P. P. P. politician.
Zulfiqar Ali Bhutto was buried in his ancestral village at Garhi Khuda Baksh, next to his father's grave.
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