SHARIF FAMILY ASSETS
The central question is when did the London property was purchased in 2006 or much earlier and in whose name?
The No 17 apartment at Avenfield House was purchased in 1993 when Hussain was doing his LLM. The family has lived in that 5 bedroom apartment eversince. Later, 17 A the apartment next door was purchased. The No 16 Apartment, right opposite to No 17 was purchased in 1999. Was said to be owned by Shehbaz Sharif. No 16 has been on rent from time to time. Then in 2006, the No 16 went to NS. These properties have changed ownerships several times since then making it nearly impossible to follow the transactions.
The First daughter says she has only one asset – a BMW gifted by a Gulf ruler. Did she hand it over to the treasury and paid nominal amount to own it? Car gift because of being PM’s daughter she received from a Middle Eastern Ruler, did she hand it over to the state.
The black BMW 650 convertible sports car model 2005 was owned by NS in London. He had it shipped to Karachi in November 2007, a couple of weeks before their arrival in Pakistan. It was never a gift from any Gulf ruler. The cars history can be confirmed from British motor registration authority by simply sending the chassis number.
The Saudi govt however gifted a bullet proof car model 2007, MB S-600 to NS, when he arrived in Pakistan, which is not even in the news. As such no custom duty was paid by NS on this S class. The saudi embassy probably got the taxes exempted.
Everything is know to everyone concerned but nothing will happen to the Sharifs. A determined Gen. Musharraf and his team knew much more than that but could do nothing except build weak cases which were never proceeded with.
Hussain Nawaz on Geo
Hussain Nawaz came on Geo & Express because Indian Express, a well read Indian newspaper, that obviously got access to the Panama Leaks, called him to explain his name in the leaks. Knowing that the cat is out of the bag, he tried to counter it by admitting the ownership prior to the news breaking in Pakistan.1. How come Hussain, who was never visible except when they would accompany father in trips to India, China and Turkey to meet business people, suddenly erupted into action a month ago and unleashed series of TV interviews to explain his position?It is evident he came to know about the upcoming leaks from questions received from media including the News.2. The central question is when did the London property was purchased in 2006 or much earlier and in whose name? If we correlate the issue with Hudaibya Paper Mill case which exposed Sharifs as owners in the London High Court judgment in 1998. The Raymond W Baker Book Both Sharif Brothers were shown as owners and paid dues when Parkland property was attached. Offshore companies’ names became known and payments were made through intricate man oeuvres. It was then that daughter Mariam’s name also figured. Raymond W Baker’s book Capitalism’s Achilles Heel which traces their wealth was also published at that time.3. When were the names of Nawaz and Shahbaz removed from record? Did he go to Saudi Arabia to tamper and straighten record including sources and dates of funding?4: what has been Father’s activities in London which he visited about 70 times during last two year at state expense? Why does he invariably makes a stopover in London during every visit to US or Europe while coming and going? Even the Charsadda tragedy did not interrupt that schedule. Is the premier using these visits to exploit his position to promote children’s business in clear conflict of interest?At that time while the university was drenched in blood, he did not return and stayed back just to tell an investment conference how safe and attractive Pakistan was for investment.5. Opening Offshore companies may not be illegal but it is important that through them the movement of assets and resources has to be scrutinized to ascertain sources. How these assets were purchased and who provided funding?6. Trustee may not be beneficiary but cannot hold shares as is evident in case of First Daughter. Her husband did not disclose her asset and financial dealings.7. It is not difficult to open a regular company in London. It is very simple it can be done in one day so why dubious ways were adopted to open several offshore companies. To evade/avoided taxes and other details. How much tax the children and earlier NS and Shahbaz saved or paid?8. To the valid question as to the children do not bring their untold wealth to invest in homeland when the father asks others to do that, a funny explanation has been given. It would have raised objections that the children would have been accused of using influence of father and uncle. Then why Hamza Shahbaz, Salman are doing extensive and varied businesses including monopolizing poultry and dairy business to ensure they get special tax concessions from ‘uncle Dar’ and yet push prices to dizzy height for poor common people. Also being filthy rich they could launch charity institutions in the country if not do business.9. The way the children have earned billions of pounds and amassed wealth from modest resources make them geniuses. The father should display patriotism and bring them to Pakistan to use their wiz dry in enriching the country. The First Daughter is non filer and claims to be dependent on father at state expense. Who has no source of income himself and lives in mother’s house. Uncle also does not have and house of his own and lives in Wife’s house.10. The First daughter says she has only one asset – a BMW gifted by a Gulf ruler. Did she hand it over to the treasury and paid nominal amount to own it? Car gift because of being PM’s daughter she received from a Middle Eastern Ruler, did she hand it over to the state.11. Did Capt. Safdar disclose the off shore company of his wife in his declaration when contesting election?12. If everything was legal, nothing prevented NS to declare their children’s assets to possess high moral position before the people no matter whether it was legally incumbent or not.13. Much is made of Ittefaq Foundry asset. It was nationalized by Bhutto along with other major industries in 1970s. Gen. Zia slammed his nationalization policy. But through Ghulam Ishaq Khan, the only industry that was privatized was Ittefaq. It was owned by six brothers. How was it worth in 1981 when Sharif became finance minister? This can been demonstrated through disclosure how much tax was paid after that. There was phenomenal/ dizzy growth of only Sharifs. After becoming PM is multiplied further. Rules were amended to promote Ittefaq at the cost of Heavy Mechanical Complex and also destroyed world’s second biggest Ship Breaking industry in Baluchistan.14. What were the ages of Hussain, Hasan, and Mariam in 1992?15. The Government should refer the matter to World Bank and request it to track the funding of off shore companies because it has efficient mechanism for that.The issue must be raised through public rallies (in the court of the people), media, assemblies and various other forums piece by piece.
