Account of Pakistan High Commission frozen on order of London conciliation court


The court imposed a 20 million dollars fine against the NAB in the London Broadsheet case, the account was frozen for non-payment, and embassies were granted immunity under diplomatic channels, the Geneva Convention said.

Position of Pakistani diplomatic officials Account of Pakistan High Commission frozen on order of London conciliation court, the court had imposed a fine of 20 million dollars against NAB in the London Broadsheet case, the account was frozen due to non-payment, Pakistani diplomatic officials said Embassies are exempt.

According to private TV, significant progress has been made in the Broadsheet case in London. The accounts of the Pakistan High Commission have been frozen on the orders of the London Conciliation Court.

It has been reported that between former President Pervez Musharraf and the NAB The agreement was reached, under which the broadsheet firm was to trace Pakistani assets in London and hand them over to the NAB, which constituted a percentage of the broadsheets.

But the NAB unilaterally terminated the agreement itself. Broadsheet, which went to London's conciliation court, had filed a 5580 million lawsuit in court.

A London conciliation court imposed a 20 million dollars fine on the NAB in 2018, amounting to Rs 4.5 billion, but Broadsheet froze the Pakistan High Commission's account for non-payment. Filed a petition

The court ruled on December 17 that the amount should be paid before December 30 or else the money would be deducted from the account.

According to sources, Pakistani diplomatic officials said in their statement that embassies are exempt under the Geneva Convention. The money has not yet been deducted from the account.

A spokesman for the Pakistan High Commission in London said in response to a question, "Didn't the London Conciliation Court in the Broadsheet case order a deduction from the embassy's account?".

The Pakistani embassy's accounts were not frozen.

Not aware of the Broadsheet case or court orders. The Ministry of Law or the NAB can tell you about a court order in a broadsheet case.

Earlier, on August 12, 2020, in an attempt to win a lawsuit against the Pakistani government and the National Accountability Bureau, Broadsheet LLC froze 26 million in various commercial banks in the United Kingdom, according to a report by the International Press Agency. Had done

Through the London-based High Court of Justice, the company obtained a third-party debt order directing the United National Bank to freeze the financial accounts of the State of Pakistan until the accounts remain frozen.

Until the case is finally heard. These funds will then be given to Broadsheet so that the arrears of the State of Pakistan can be paid.

The country has no right of appeal and no legal recourse. The decision also directs that until the hearing.

It does not happen until the party against whom the decision is being pronounced (Judgment Debtor) does not pay this third party money, this money should not be paid to any person unless the court decides otherwise.

Post a Comment