Pakistani nation’s wealth looted through money laundering, says Imran

24 Jun, 2018 2:40 pm

ISLAMABAD (92 News) – Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Sunday shared the details of former prime minister Nawaz Sharif’s properties in London, saying that how the Pakistani nation’s wealth was looted through money laundering.

In his tweet – Imran Khan shared a link to a report of Daily Mail on his twitter account – mentioning above caption that “more on how the Pakistani nation’s wealth was looted through money laundering by corrupt rulers and their families.”


The report shared details of Sharif family properties in London. Daily Mail report titled, “Penthouse pirates: How the mega-rich former prime minister of Pakistan and his sons have ploughed millions into London’s swankiest addresses to amass a vast property empire.”

The report refers to the Avenfield properties — on which one of the references filed by the National Accountability Bureau (NAB) against the Sharif family is based.

“The family has made huge profits from other sites which have not figured in court – such as the swankiest address of all, at One Hyde Park Place, which Nawaz Sharif’s son Hassan sold for £43 million. Untangling the web of the Sharifs’ British real estate portfolio is not easy. The properties are registered via a bewildering network of companies, trusts and bank accounts,” the report stated.

On the other hand, Sharif family is facing NAB cases, the trial against the Sharif family had commenced on September 14, 2017.

The corruption references, filed against the Sharifs, pertain to the Al-Azizia Steel Mills and Hill Metal Establishment, offshore companies including Flagship Investment Ltd, and Avenfield properties of London.

Nawaz and sons Hussain and Hasan are accused in all three references whereas his daughter Maryam and son-in-law Safdar are accused in the Avenfield reference only.

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