Pakistan's national cricket team

NAB-WINNING FIRM BROADSHEET THREATENS TO SEIZE PAK CRICKET ASSETS

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NAB-WINNING FIRM BROADSHEET THREATENS TO SEIZE PAK CRICKET ASSETS

 

A firm called Isle of Man Registered Broadsheet LLC, which won a lawsuit from the National Accountability Bureau (NAB) has threatened to seize Pakistan Cricket’s assets. A letter has been sent to Islamabad by the lawyer of Broadsheet LLC, the company that won the case against NAB in London. The letter said that Pakistan and NAB had failed to pay more than 33 33 million for the award, on which the court had directed the professional bailiffs to ‘seize the assets of the Pakistani cricket team’ and their operation will begin in two days.

The letter said that if the Belfast confiscated the equipment of the Pakistan team, a difficult situation would arise for the team.

It may be recalled that Pakistan’s national cricket team is currently on a tour of England where it has to play a series of 3 Tests and 3 T20 matches against the host country. It should be noted that NAB had lost the case against the property recovery firm ‘Broadsheet’ in the International Conciliation Court of London in 2018, as a result of which NAB will now have to pay 60 60 million (more than Rs 8 billion).

According to a report, during the tenure of former President General (retd.) Pervez Musharraf, a firm called Isle of Man Registered Broadsheet LLC was hired to trace the assets of at least 200 Pakistanis in the UK and US. Asif Ali Zardari, Benazir Bhutto, Nawaz Sharif, and Lieutenant General Akbar were specifically targeted. Under the agreement, 20 percent of the targets were to be paid to the company, but no allegations were found and not a single rupee was recovered from the UK in a decade.

According to sources, apart from these expenses, the broadsheet company will also claim another 10 million US dollars from the NAB for litigation and case expenses after the decision is in its favor, while also charging 7% interest. Would like On the other hand, although Broadsheet failed to present any evidence against former Prime Minister Nawaz Sharif‘s sons Hassan and Hussain Nawaz, Broadsheet Company Azizia reference after Nawaz Sharif’s conviction and fine, 6 million more Americans It will also claim dollars because the firm first started working on the case and provided documents against the Sharif family to the NAB.