Nawaz Sharif’s London properties may be confiscated by British government

Nawaz Sharif’s London properties may be confiscated by British government
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LONDON: Problems for ousted premier Nawaz Sharif apparently seemed escalating as Transparency International (TI), an INGO, called for a probe into five controversial properties in the United Kingdom, including Sharif’s Avenfield flats in London.

The TI incorporated Sharif’s London properties in the list of controversial properties, which has been handed over to the UK law enforcement agencies.

According to a press release issued by the INGO, the UK law enforcement agencies have been called for an immediate investigation into the source of money to purchase the controversial properties under ‘Unexplained Wealth Order’ law.

The Times newspaper reported on Saturday quoting the security minister said that Britain will use new powers to seize the assets of foreign criminals and corrupt politicians.

Investors from Russia, China and the Middle East have poured billions into London, buying everything from luxury properties to entire companies, but the provenance of some of those funds has been questioned.

London