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London bank freezes Pakistan's Rs217m for Broadsheet


London bank freezes Pakistan’s Rs217m for Broadsheet
Top Story
March 8, 2021
LONDON: The United National Bank (UBL) London branch has frozen around £1 million (Rs217 million) held in Pakistan’s account in compliance with an order, issued three weeks ago by the London High Court in favour of the Broadsheet LLC.
The UBL informed the Broadsheet LLC and the London High Court in writing that Pakistan government’s account, operated by Pakistan High Commission London, with around £1 million in it had been frozen until the next orders of the London High Court.
On Feb 15, 2021, the London High Court froze funds that Pakistan High Commission held with United National Bank in London up to the value of $1,222,037.90 plus costs to be determined by the court at a hearing in June. ....

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