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UK Court Orders to Deduct Billions from Pakistan High Commission's Account

UK Court Orders to Deduct Billions from Pakistan High Commission’s Account
A high court in the United Kingdom (UK) has ordered deducting Rs. 4.5 billion from the accounts of the Pakistan High Commission in London. The decision was given over the non-payment of a penalty by the National Accountability Bureau (NAB) to the foreign asset recovery firm, Broadsheet LLC.
A foreign office source has confirmed that the London High Court had directed debiting millions of dollars from Pakistan High Commission’s accounts by December 30. However, no deduction has been made so far, the source confirmed.
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In this regard, the United Bank Limited UK had written a letter to the Pakistan High Commission on December 29, seeking written payment instructions with debit account details to facilitate the payment. ....

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UK court orders payment of $28.7m to Broadsheet from Pakistan High Commission accounts

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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