LONDON – The UK High Court of Justice has dismissed a plea of Broadsheetseeking an order for the attachment of four Avenfield Apartments owned bythe Sharif family in a default case against the National AccountabilityBureau (NAB).
The Broadsheet had asked for attachment of the four apartments arguing thatsince the confiscation of the apartments was ordered by Judge MuhammadBashir of the Accountability Court in the Avenfield reference, theGovernment of Pakistan had concern in the properties and therefore itshould be made part of the court proceedings.
The Broadsheet claimed that the Pakistan Tehreek-e-Insaaf (PTI) governmenthad requested to British authorities to hand over Avenfield flats toPakistan while the court upheld the claim of the assets recovery firmBroadsheet by freezing the Pakistan High Commission’s bank accounts afterthe company won the lawsuit and received around $29 million in judgment andcosts.
Earlier in October 2019, the Avenfield flats were subjected to a claim bythe Broadsheet LLCat the London High Court to enforce the payment of theoutstanding $22 million owed to the firm by the Government of Pakistan.
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The Government of Pakistan made a payment of nearly $29 million on December30 under a London High Court order to the company.
