LONDON - In its latest report on the properties owned by the ‘super rich’ family of former prime minister Nawaz Sharif, a UK paper on Sunday revealed that the assets Sharif family owned in London were estimated at least £32 million.
The flats are at the centre of corruption charges the Sharif family is facing in Pakistan, where the former prime minister has lived when in London since 1993, knocking four luxury flats together to make a single mansion.
£7million: Avenfield House is located in Park Lane, London, and has a view of Hyde Park
According to the paper, the family are also accused of using dirty money to buy at least 21 UK properties on top of the Avenfield flats, most at equally grand Central London locations, in Mayfair, Chelsea and Belgravia.
“The total value of the properties is estimated at least £32 million,” it added.
Family home: Inside plush Avenfield House in Mayfair, created after four luxury flats were knocked together
Pakistan Tehreek-e-Insaf Chairman Imran Khan on Sunday tweeted the link to a report in Daily Mail titled “Penthouse pirates: How the mega-rich former prime minister of Pakistan and his sons have ploughed millions into London's swankiest addresses to amass a vast property empire.”
“More on how the Pakistani nation's wealth was looted through money laundering by corrupt rulers and their families," Imran wrote.
The Daily Mail report refers to the Avenfield properties — on which one of the references filed by the National Accountability Bureau (NAB) against the Sharif family is based.
The report stated: "The family has made huge profits from other sites which have not figured in court – such as the swankiest address of all, at One Hyde Park Place, which Nawaz Sharif’s son Hassan sold for £43 million. Untangling the web of the Sharifs’ British real estate portfolio is not easy. The properties are registered via a bewildering network of companies, trusts and bank accounts."
It also shared details of Sharif family properties in London.
The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.
Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Today’s currency exchange rates in Pakistan - 19 April 2024
