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Old NAB Partner Claims $17M On Nawaz’s Avenfield Flats

Old NAB Partner Claims $17M On Nawaz’s Avenfield Flats

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An asset recovery firm once hired by NAB during Musharraf’s regime, has laid a claim on London flats once owned by ex-PM Nawaz Sharif after failure to pay the $22M bill owed by NAB for recovering the properties.

The firm, Broadsheet LLC, will apply for possession of the Avenfield apartments- four luxury flats in Central London where housed Sharif’s family during their visits there.

A representative of Broadsheet by the name of Stuart Newberger said the high court had previously ruled that the Pakistani government owed their client $22M for assistance in tracking down Sharif’s corrupt assets.

“Pakistan has refused to comply with this final non-appealable court decision, thus requiring Broadsheet to enforce this order by seizing Pakistan’s assets,” he said.

The court also upheld Broadsheet’s copy of the asset recovery agreement that entitled it to 20% of any assets recovered with their aid, whether in Pakistan or abroad.

The NAB had terminated this agreement in 2003, a few years after hiring Broadsheet to track illegal assets of Sharif and 200 other politicians, but Broadsheet owner Kaveh Moussavi said he later learned that NAB had secretly joined the settlement controversy with the former targets.

As of yet, the Pakistan high court has not responded to requests for comments.

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