UK High Court of Justice verdict on plea of Broadsheet against Nawaz Sharif family

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UK High Court of Justice verdict on plea of Broadsheet against Nawaz Sharif family

LONDON – The UK High Court of Justice has dismissed a plea of Broadsheet seeking an order for the attachment of four Avenfield Apartments owned by the Sharif family in a default case against the National Accountability Bureau (NAB).

The Broadsheet had asked for attachment of the four apartments arguing that since the confiscation of the apartments was ordered by Judge Muhammad Bashir of the Accountability Court in the Avenfield reference, the Government of Pakistan had concern in the properties and therefore it should be made part of the court proceedings.

The Broadsheet claimed that the Pakistan Tehreek-e-Insaaf (PTI) government had requested to British authorities to hand over Avenfield flats to Pakistan while the court upheld the claim of the assets recovery firm Broadsheet by freezing the Pakistan High Commission’s bank accounts after the company won the lawsuit and received around $29 million in judgment and costs.

Earlier in October 2019, the Avenfield flats were subjected to a claim by the Broadsheet LLCat the London High Court to enforce the payment of the outstanding $22 million owed to the firm by the Government of Pakistan.

The Government of Pakistan made a payment of nearly $29 million on December 30 under a London High Court order to the company.