British court gives a shock to NAB against the Broadsheet case
Lahore, 31st March: The government of Pakistan has been forced to confiscate more assets without paying, says Chief Broadsheet Kave Mousavi.
A British court has ruled in favour of Broadsheet, allowing the firm to issue a freezing order directly to the offices of the National Accountability Bureau (NAB) and the Attorney General of Pakistan.
According to the report, the lawyers representing NAB in the UK had not been responding to the broadsheet for the first two months due to which Pakistan had no legal representation in the UK regarding the broadsheet case.
The British firm Broadsheet had approached a British court to recover the outstanding amount of one million pounds, on which the court has given a new order in favour of Broadsheet.
The British High Court has already ordered the freezing of Pakistan’s accounts at UBL, with UBL informing in writing that almost ً 1 million has been confiscated from the Pakistani government.
Earlier, Pakistan had already paid 28$ million to Broadsheet in December 2020.
The new order has been issued by the Commercial Court of the Master Division of the High Court. The hearing of the third party debit order on Broadsheet’s application is scheduled for July 30.
Chief Broadsheet Kave Mousavi said that the government of Pakistan has been forced to confiscate more assets due to non-payment.
Kave Mousavi says that Pakistan will have to bear more financial loss due to the incompetence of the NAB chairman and accountability adviser Shehzad Iqbal.
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