Broadsheet demands additional 1.2m pounds from NAB

By: News Desk      Published: 09:36 PM, 18 Sep, 2021
Broadsheet demands additional 1.2m pounds from NAB

The UK-based asset recovery firm, Broadsheet, has asked National Accountability Bureau (NAB) and the federal government to pay an additional 1.2 million pounds in terms of legal expenses, reported 24NewsHD TV.

The Broadsheet company has previously received US$30 million from Pakistan in terms of what it claimed assets being identified by the UK-based firm. The firm has also been paid 920,000 pounds on August 17.

The asset recovery firm has now asked NAB to clear dues in terms of its legal expenses in a letter conveyed to the lawyers of the accountability watchdog in London. The lawyers representing Broadsheet said that they had to strive had for retrieving money from the NAB and the additional 1.2 million pounds are being sought in terms of the legal efforts they had made for the recovery of the money.

Broadsheet owner CEO Kaveh Moussavi said that their lawyers have invited the government of Pakistan to resolve the issue amicably.

He warned that if they did not get any response, they would move the court by the end of this month.

Categories : Pakistan