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Aftab Hasan Khan , Pakistan High Commission On , Central Electricity Authority , Central Water Commission , National Hydroelectric Power Corporation , Sahil Pandeynew Delhi , Pakistan High Commission , National Hydroelectric Power , பாக்கிஸ்தான் உயர் தரகு ஆன் , மைய மின்சாரம் அதிகாரம் , மைய தண்ணீர் தரகு , தேசிய நீர் மின் பவர் நிறுவனம் , பாக்கிஸ்தான் உயர் தரகு , தேசிய நீர் மின் பவர் ,

UK court orders deduction of Rs 450 cr from accounts of Pakistan High Commission over penalty dues

UK court orders deduction of Rs 450 cr from accounts of Pakistan High Commission over penalty dues
In November 2018, the London Court of International Arbitration (LCIA) slapped a penalty of USD 17 million on the anti-corruption watchdog.
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By PTI
ISLAMABAD: A British high court has ordered debiting Rs 450 crore from the accounts of the Pakistan High Commission in London over non-payment of a penalty by the National Accountability Bureau (NAB) to the foreign asset recovery firm Broadsheet LLC, according to a media report.
Following the court orders, the United Bank Limited UK wrote a letter to the Pakistan High Commission on December 29, requesting it to provide written payment instructions with debit account details to facilitate the payment of USD 28,706,533.35 in line with the Final Third Party Order issued by the high court, the Express Tribune reported on Thursday. ....

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UK Court Orders Debiting Rs 450 Crore from Accounts of Pak High Comm Over Non-payment of Penalty by NAB

»UK Court Orders Debiting Rs 450 Crore from Accounts of Pak High Comm Over Non-payment of Penalty by NAB
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UK Court Orders Debiting Rs 450 Crore from Accounts of Pak High Comm Over Non-payment of Penalty by NAB
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Citing sources, the report said around Rs 450 crore (USD 26,153,783.34) NAB amount was lying in the UBL, London account, which is operated in the name of Pakistan High Commission in the UK .
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A British high court has ordered debiting Rs 450 crore from the accounts of the Pakistan High Commission in London over non-payment of a penalty by the National Accountability Bureau (NAB) to the foreign asset recovery firm Broadsheet LLC, according to a media report. Following the court orders, the United Bank Limited UK wrote a letter to the Pakistan High Commission on December 29, requesting it to provide written payment instructions with debit account details to facilitate the payment of USD 28,706,533.35 ....

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UK court orders $28.7m payment to Broadsheet | The Express Tribune

UK court orders $28.7m payment to Broadsheet
Amount to be debited from HC account in London as NAB fails to clear liabilities to lobbyist firm
ISLAMABAD:
A high court in the UK has ordered debiting Rs4.5 billion from the accounts of the Pakistan High Commission in London over non-payment of a penalty by the National Accountability Bureau (NAB) to the foreign asset recovery firm Broadsheet LLC.
Foreign Office sources told The Express Tribune that the high court in London had ordered debiting millions of dollars from the accounts of the Pakistan High Commission in the UK by December 30.
In view of the court order, the United Bank Limited UK wrote a letter to the Pakistan High Commission on December 29, requesting it to provide written payment instructions with debit account details to facilitate the payment of $28,706,533.35 in line with the Final Third Party Order issued by the high court. ....

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UK Court slaps $28.7M penalty payment to Pak High Commission

UK Court slaps $28.7M penalty payment to Pak High Commission
By
Hamza Ameer ( IANS)
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Published on
Fri, Jan 1 2021 15:21 IST
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Gavel.. Image Source: IANS News
London, Jan 1 : Pakistan s National Accountability Bureau (NAB), an institution accused and blamed by political leadership for taking political maneuvering of the government and using it to nab top leaders of major political parties on charges of money laundering, assets beyond means and corruption worth billion of dollars, has been penalised for playing the delaying tactics in submitting the penalty amount of at least $21 million to the country in the infamous Broadsheet LLC case.
A high court in London has ordered debiting at least $28.7 million from the accounts of the Pakistan High Commission in London over non-payment of the penalty by Pakistan s National Accountability Bureau (NAB) to the foreign assets recovery firm Boardsheet LLC. ....

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