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NAB paid £1.5m, $1.5m and lost its case against Broadsheet


Top Story
January 19, 2021
WASHINGTON: Attempting to break away from the two companies it had hired to investigate the Bhutto and Sharif families and many others, the National Accountability Bureau paid 1.5 million pounds and then again 1.5 million dollars under the settlement agreements; except that the latter amount was paid to a sham company and that too knowingly to cheat Broadsheet LLC.
The judgment from the ‘Broadsheet vs NAB’ arbitration case shows that the NAB made two payments under the Settlement Agreement, totaling 1.5 million dollars to accounts which appear to have been controlled by Jerry James, by then the unauthorized person who had incorporated another Colorado company which he had also named “Broadsheet LLC”. The actual company was Broadsheet LLC, an Isle of Man entity. The arbitration court did not find this as a simple mistake but declared it a deliberate move to financially defraud the original Broadsheet LLC. ....

United States , City Of , United Kingdom , Aftab Sherpao , Abdul Basit , Hasan Saqib , Tariq Malik , Nawaz Sharif , Gen Hafeez , Sultan Lakhani , Kaveh Moussavi , Latif Ghuman , Ghuman Talat , Saddrudin Hashwani , Jamil Ansari , Khalid Maqbool , Gen Munir Hafeez , Gen Maqbool , Jerry James , National Accountability Bureau , Compass Bank Northglen Colorado , Ms Broadsheet , International Asset Recovery , Steeplechase Financial Service , Settlement Agreement , Ahmer Bilal Soofi ,

Accountable to no one


Accountable to no one
January 14, 2021
What the Broadsheet case has exposed about the workings of the National Accountability Bureau (NAB) is just the tip of the iceberg. The Bureau’s two-decade history is full of examples of mega corruption scandals, illegal appointments, misuse of authority and inhuman treatment which in most cases have never been investigated. NAB officials and top management, both past and present, have enjoyed absolute impunity, without any fear of being held accountable.
In May 2000, the then NAB Prosecutor General Farooq Adam had told the Supreme Court after seven months of the illegal detention by NAB of Siddiq-ul-Farooq (a political appointee during Nawaz Sharif’s second term) that he had been “forgotten after being dumped somewhere as we (NAB) were occupied by other important matters . NAB had also admitted that Farooq had been under NAB detention without even the registration of an FIR for seven months. However, no action was taken a ....

Lahore High Court , United States , Fasieh Bukhari , Asif Ali Zardari , Nawaz Sharif , Shahid Aziz , Farooq Adam , Benazir Bhutto , Jerry James , National Accountability Bureau , Accountability Court , Accountability Court No , Ms International Assets Recovery , Supreme Court , Rawalpindi Accountability Court , Inspection Team , Ms Broadsheet , United National Bank , General Farooq Adam , United National , Rawalpindi Accountability , General Musharraf , லாகூர் உயர் நீதிமன்றம் , ஒன்றுபட்டது மாநிலங்களில் , நவாஸ் ஷெரிப் , ஷாஹித் அஜிஸ் ,

Rs360m paid to digBhutto family's accounts


Rs360m paid to digBhutto family’s accounts
Top Story
January 12, 2021
ISLAMABAD: Not only Broadsheet, National Accountability Bureau also quietly paid a sum of $2.25 million (Rs360 million) to yet another asset recovery firm that was hired to dig out details of late Benazir Bhutto, her spouse Asif Ali Zardari and others after NAB prematurely terminated contract with it. In 2000, when M/S Broadsheet LLC was hired to go after 200 target individuals, M/S International Assets Recovery (IAR) was contracted to look for the fortune of the Bhutto family that, NAB suspected, was stashed in different secret jurisdictions of the world. However, NAB broke with both the firms in 2003 without following due process of termination that resulted in efforts to pre-empt litigation through settlement agreements. While NAB entered into a settlement of $1.5 million for Broadsheet with aperson who wasn’t legally authorised to negotiate a truce, a separate $2.25 million was paid to IAR ....

City Of , United Kingdom , Asif Ali Zardari , Anthony Evans , Genr Syed Amjad , Farouk Adam Khan , Benazir Bhutto , Jerry James , National Accountability Bureau , Ms Broadsheet , Ms International Assets Recovery , Institute Of Arbitrator , Sir Anthony Evans , Settlement Agreement , Pervez Musharraf , Sir Anthony , Chartered Institute , Syed Amjad , Admiral Mansour Ul Haq , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , அந்தோணி எவன்ஸ் , ஃபேரூக் ஆடம் காந் , ஜெர்ரி ஜேம்ஸ் , தேசிய பொறுப்பு பணியகம் , செல்வி சர்வதேச சொத்துக்கள் மீட்பு ,

Rs360m paid to dig Bhutto family's accounts


Rs360m paid to dig Bhutto family’s accounts
Top Story
Former prime minister Benazir Bhutto and ex-president Asif Zardari.
ISLAMABAD: Not only Broadsheet, the National Accountability Bureau also quietly paid a sum of $2.25 million (Rs360 million) to yet another asset recovery firm that was hired to dig out details of the late Benazir Bhutto, her spouse Asif Ali Zardari and others after NAB prematurely terminated contract with it.
In 2000, when M/S Broadsheet LLC was hired to go after 200 target individuals, M/S International Assets Recovery (IAR) was contracted to look for the fortune of the Bhutto family that, NAB suspected, was stashed in different secret jurisdictions of the world. However, NAB broke with both the firms in 2003 without following due process of termination that resulted in efforts to pre-empt litigation through settlement agreements. ....

City Of , United Kingdom , Asif Ali Zardari , Anthony Evans , Genr Syed Amjad , Farouk Adam Khan , Benazir Bhutto , Jerry James , National Accountability Bureau , Ms Broadsheet , Ms International Assets Recovery , Institute Of Arbitrator , Sir Anthony Evans , Settlement Agreement , Pervez Musharraf , Sir Anthony , Chartered Institute , Syed Amjad , Admiral Mansour Ul Haq , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , அந்தோணி எவன்ஸ் , ஃபேரூக் ஆடம் காந் , ஜெர்ரி ஜேம்ஸ் , தேசிய பொறுப்பு பணியகம் , செல்வி சர்வதேச சொத்துக்கள் மீட்பு ,