What's new

Broadsheet CEO says Nawaz Sharif offered bribe to cast aside foreign assets probe

Death Adder

FULL MEMBER
Aug 10, 2014
440
-5
419
Country
United Kingdom
Location
United Kingdom
What blackmail? He says it's illegal to terminate govt contract unilaterally. That's why NAB had to pay 30 million USD penalties to Broadsheet LLC. That's why Pakistan was fined 6 billion USD as penalties in Reko Diq case because Chief Justice Iftikhar Muhammad Chaudhry terminated their mining contract too illegally and unilaterally.
I am glad after constant BS’ing, you’re talking some sense and feeling the pain of our lost money. It’s just a matter of time, when you will realise that we have incurred huge losses due to Niazi’s incompetence, and he pushed us back into 1940’s.
 

Norwegian

ELITE MEMBER
Aug 19, 2014
13,517
9
21,018
Country
Pakistan
Location
Norway
one general came with Imran Khan’s front man Dr Shehzad Akbar
Source? That general came a year before Shehzad Akbar met CEO of Broadsheet LLC for the first time
I am glad after constant BS’ing, you’re talking some sense and feeling the pain of our lost money. It’s just a matter of time, when you will realise that we have incurred huge losses due to Niazi’s incompetence, and he pushed us back into 1940’s.
Who terminated the contract with Broadsheet LLC illegally in 2003? Was it Niazi?
Patwaris are doing propaganda now that their Ganja Sharif leader is innocent. He is not. That's they very reason Broadsheet CEO is giving interviews day in and day out
 

ejaz007

SENIOR MEMBER
Jul 25, 2007
6,311
1
2,793
Country
Pakistan
Location
Pakistan
Three men reject Moussavi’s claim



LONDON: The three people, who Broadsheet CEO Kaveh Moussavi claimed to have acted on behalf of the Pakistani government on a possible new assets recovery deal for Pakistan, have accused Moussavi of lying, making willful misrepresentations and offering a cut of $2 million in exchange for getting around $29 million from the government for Broadsheet – nearly $29 million that Pakistan owed to the assets recovery firm.

The News and Geo have seen a legal paper in which three people -- Barrister Zafar Ali QC, Dr Kersten Pucks, Management Consultant, and Shaid Iqbal, Solicitor of the Supreme Court of England Wales, categorically rejected the allegations, made against them in the 13-page document prepared by Broadsheet CEO Kaveh Moussavi’s lawyers at Cromwell and Moring LLP, published widely on media.
The legal paper says that Dr Pucks is so incensed about Moussavi’s allegations that he has indicated his intention to bring legal action against Kaveh Moussavi. The legal paper contains the copy of several messages between Kaveh Moussavi, the Broadsheet CEO and Zafar Ali QC.

As a reminder, the 13-page “2019 Moussavi document” that this correspondent had exclusively reported — with Geo and The News Washington reporter Wajid Ali Syed — on May 12, 2019 revealed that a delegation from the UK met the prime minister and his cabinet members to discuss a proposal to recover stolen assets abroad. Last week, after Broadsheet won a nearly $65 million case from Pakistan, the contents of the “Moussavi document” caused sensation across the Pakistani media.

In their legal paper title “Declaration of Facts” the trio claims that until the end of December 2018, Kaveh Moussavi repeatedly made offers of money to Zafar Ali QC to approach the Pakistan government and persuade them to pay Broadsheet but Zafar Ali rejected the commission offers and repeatedly stated in no uncertain terms that he had not been instructed by Pakistan.

Zafar Ali QC, Dr Pucks and Shahid Iqbal rejected the “Moussavi document” as making misrepresentations and omitting significant messages from Moussavi and, pertinently, Zafar Ali’s responses to them.
The legal paper confirms that Zafar Ali QC had been approached by the incoming Pakistani administration to discuss options for a new recovery programme. Subsequently, Zafar Ali QC and Dr Kersten Pucks drafted an asset recovery proposal to recover “the largest amount of stolen funds by basing the asset recovery programme outside Pakistan to separate it from the political process, so that no individual would be exempted from investigation”.

Zafar Ali and Shaid Iqbal visited Pakistan on the invitation of media personality and businessman Mohsin Beg and met PM Khan, Asad Umar, Shahzad Iqbal, the attorney general and the law minister to discuss their proposal.

The document claims that at the meeting, the PM made it clear he wanted to pursue recovery of all stolen money, regardless of political affiliation. The document stated that “there were no meetings at which Mr. Ali put the proposal forward to a member of the intelligence services or armed forces”.

According to the Declaration of Facts, Mr. Ali and Dr Pucks wanted to access the “vast amount of relevant information on stolen assets that Moussavi claimed to possess and actively encouraged Moussavi to share such information”.

The legal paper alleges that during their meetings with Moussavi, it became apparent that Moussavi’s primary interest in engaging was “his hope to connect it to his long-standing pursuit of recovering billions of dollars in claims against the Pakistani government for his company, Broadsheet”.

The legal paper also says: “Mr. Ali and Dr. Pucks soon began to have concerns that the information and skills Mr. Moussavi claimed to have were exaggerated. In addition, some of Mr. Moussavi’s claims became increasingly exaggerated and difficult to believe. He talked about having sold part of his Broadsheet interest to a hedge funds for "billions of dollars" and bragged about his ability to ground Pakistani aircraft if the Broadsheet debt was not settled "within a week". Mr. Ali and Dr. Pucks became increasingly concerned and uncomfortable about such claims and a result of these growing concerns, Mr. Ali and Dr. Pucks stopped engaging with Mr. Moussavi towards the end of 2018. The proposal was not accepted by the Pakistan government and the matter went no further.”

The central complaint of the three, against Mr Moussavi, is the claim in his 2019 paper that Mr. Ali acted on behalf of the Pakistan government to settle his historic Broadsheet claims. They categorically state that they repeatedly stressed Mr Ali did not represent Pakistan in any shape; that they themselves were pitching a mandate from the Pakistani government to recover assets; that they had not been awarded such mandate; and they were not in a position to even discuss Broadsheet issues with the Pakistani authorities; and they stress that there are multiple witnesses for their position.

Here below are some corroborating messages between Mr. Ali and Mr. Moussavi: Kaveh to Zafar Ali on 03 March 2018: “My award will be over a billion. If you settle it at that level I will turn over 100 million Dollars to you to set up the operation or do whatever it is they want done to fight corruption.

Kaveh to Zafar Ali on 24 December 2018: “You could make some quick retirement money out of this situation.”

Kaveh to Zafar Ali on 25 December 2018: “I can get you two million Dollars immediately if you show NAB that they can overcome the jeopardy they are facing with the continuing saga and get them to ask their lawyers to vacate the hearing on the 31st and instead come into a consented settlement at $50 million before 31st. You and I can then go forward with both the Sharif bank account in Singapore and South Africa and Mexico.”

Zafar Ali’s response to Kaveh Moussavi:

25 December 2018: “I have not been formally instructed Kaveh, the Pakistanis (as you know) are notoriously slow in everything they do. If, and indeed when I am instructed (and depending on in which capacity) ten I can address the matters you raise.”
Kaveh Moussavi to Zafar Ali QC:

27 December 2018: “There is two million Dollars in this for you. Put your thinking cap on.”

27 December 2018: “And we will certainly let the press know that the Chairman is engaged in high treason when he shows no interest in the Sharif money in the bank accounts that I have given you. Put your thinking cap on and you can retire.

27 December 2018: “Zafar, someone is going to ask the question very shortly “Chairman, isn’t it the case you were offered the details of Sharif accounts in Singapore and did not jump on it? Why not?
Zafar Ali to Kaveh Moussavi:

28 December 2018: “I am sure someone will. In the meantime, I am in Dubai on an actual case. The Pak Govt have not instructed me yet, and may not ever. It is difficult to understand what they do and why they do it frankly. Until and only if I am instructed am I doing to do anything? I have got to focus on my actual cases.”

Kaveh Moussavi responds: “Be an entrepreneur Zafar. Opportunities like this don’t knock on your door everyday. And if you become “instructed” I would be able to pay you! Try to leave this “instruction” BS (‘bullshit’) behind and move into the world where real money is made. Or have you given up on that? Your actual cases aren’t going to get you retirement this year.!!!”

Message from Kaveh Moussavi on 03 August 2018: “My award will be over a billion…otherwise I will be seizing aircraft etc and it will be an embarrassing start to this government.”

The News has already printed the txt messages contained in the “Moussavi document” in The News and Jang’s May 12, 2019 edition under the headline “Pakistan talked with Broadsheet to hire it again?”

NAB-Broadsheet deal: Man who brokered $1.5m deal was facing NAB probe in 2007







ISLAMABAD: The man who brokered a deal between Pakistan's anti-graft body and Broadsheet is himself wanted to an accountability court in Peshawar.

The official record of the National Accountability Bureau (NAB) exclusively made available with Geo News revealed that Tariq Fawad Malik was declared a proclaimed absconder by the accountability court-IV, Peshawar, in 2009. His non-bailable arrest warrants were issued by the judge after the accused fled abroad.
The anti-corruption watchdog started an inquiry against Tariq Fawad Malik in 2006, the year before he was pursuing a settlement between NAB and Broadsheet in 2007, arguing that the British firm will sue for damages if the bureau does not seal the deal.
After years of negotiation, the NAB administration made a settlement of $1.5 million to Tariq Fawad Malik and Jerry James in 2008. Tariq Fawad Malik and his wife looted the general public on the pretext of plots/houses in two dubious societies namely M/S Islamabad Chalets and M/S Islamabad Prairies, where they collected over Rs111 million in 2004, according to NAB official documents.
Perusal of official record revealed that "the evidence collected during the investigation established that the accused persons [Tariq Fawad Malik and his wife] deceitfully, dishonestly and fraudulently cheated public at large and embezzled an amount of Rs 111,035,700".
The judgment of Sir Anthony stated that Malik was amongst the signatories on the payment dated 20th May 2008 for £320,622 payable to Broadsheet Gibraltar, a misnomer. After the completion of inquiry and investigation, NAB filed a reference against Tariq Fawad Malik and his wife Ayesha Fawad Malik in 2009, which is still under trial in the Accountability Court-IV in Peshawar, according to official documents.
During the inquiry/investigation of the said reference, land owned by Tariq Fawad Malik was frozen by the competent authority vide order dated Sep 26, which was confirmed by the administrative judge, Accountability Court-I in Nov 2007.
The NAB investigation further revealed that Tariq Fawad Malik and his wife launched two housing schemes namely Islamabad Chalets in 2004 and Islamabad Prairies in 2005, where they selected for housing schemes Margalla Hills Islamabad, falling in the jurisdiction of District Haripur NWFP. As cheating and fraud was exposed through the media, the Supreme Court of Pakistan took suo moto action against the Islamabad Chalets Housing Scheme in the wake of massive destruction of the environment, which created panic amongst hundreds of affectees, who pumped millions of rupees in 2005, according to official documents.
"That on the appraisal of material and evidence placed before me, I am satisfied that it is just and proper to proceed further as there is sufficient incrimination material to justify the filing of this reference. It is prayed that the accused (Tariq Fawad Malik and his wife] be tried and punished in accordance with law," stated Director General NAB Peshwar Brig (retd) Farooq Naser Awan in his latest prayer filed before the NAB court Peshawar in April 2020.
As NAB was all set to arrest Tariq Fawad Malik in 2006-07, he fled to UAE in 2007, sources in NAB Peshawar said. NAB has been pursuing the trial against him in absentia and currently the case is under trial in an accountability court.
Tariq Fawad Malik executed a General Power of Attorney from Dubai in favour of his sister Dr Anees Kausar Malik in January 2010, which was later registered at Sub Registrar office, Islamabad, vide registered deed no 266, according to NAB documents.
Dr Anees Kausar Malik, having conscious knowledge of the freezing order of frozen property, illegally alienated the same vide mutation no 1,599 dated Feb 24, 2010, according to NAB. The then ADP NAB Jameel Khan confirmed to Geo News that Tariq Fawad Malik was facing a NAB reference and matter was still pending with the court. The NAB spokesperson, however, did not offer any comment on this issue to this correspondent. Tariq Fawad Malik did not respond to this correspondent till the filing of this story.








Latest News

 

ejaz007

SENIOR MEMBER
Jul 25, 2007
6,311
1
2,793
Country
Pakistan
Location
Pakistan
Pakistan Pays $28.7M, but UK Asset-Recovery Firm Wants More
  • Print article
  • Published: Wednesday, 06 January 2021 20:18

    • WRITTEN BY HAROON JANJUA



Share
Although Pakistan last week paid US$28.7 million to a British asset recovery firm it hired nearly two decades ago to find and recover UK-based assets from dozens of Pakistanis, the firm still seeks $3 million in interests and has tried to get hold of London apartments of former Prime Minister Nawaz Sharif instead.
Nawaz Sharif copy copy
Ousted Pakistan's Prime Minister, Nawaz Sharif. (Photo: Wikimedia, CC BY-SA 4.0)However, a London court rejected the request of Broadsheet LLC, leaving the apartments in the possession of Sharif who lives in one of them since he escaped from Pakistan where he is being tried for corruption.
Years ago, Broadsheet LLC filed a lawsuit in the London Court of International Arbitration against the Islamic Republic of Pakistan for the unpaid bill of $17 million for its services.
The court ruled in the company’s favor but Pakistan’s National Accountability Bureau NAB refused to pay and the bill grew to $28.7 million. It was finally paid end of December.
However, another three million still have to be paid and Broadsheet tried to cover the amount by taking the apartments. The court rejected this request.
On the top of the $28.7 million, Pakistan paid hefty fees to its lawyers and the whole thing was a waste of money, Osama Malik, an Islamabad-based senior International Investment Law expert told OCCRP.
“By refusing to attach the Avenfield properties owned by former PM Nawaz Sharif's sons it seems that the court has relied on the lack of privity, which means that Broadsheet will have to recover the amount from the debtor i.e. the Government of Pakistan, rather than from third parties against whom the Pakistani government may have a claim,” Malik said.
Neither the NAB spokesperson Nawazish Ali, nor any other government offices responded to OCCRP’s request for comment.
After the Panama Papers leaks were published, Pakistan launched an investigation into the properties of former Prime Minister Nawaz Sharif’s family which owns luxury flats in London and a steel mill in Saudi Arabia.
Sharif was ousted from his post in July 2017 for lying about his wealth and jailed for corruption in the steel mill case. The London flats case was suspended.
Sharif denied the corruption charges and repeatedly said the cases against him were politically motivated. He accused the country's powerful military and courts of working jointly to end his political career.

 

Baghial

BANNED
Feb 17, 2017
4,512
-11
2,621
Country
Pakistan
Location
Pakistan
Broadsheet CEO says Nawaz Sharif offered bribe to cast aside foreign assets probe

January 11, 2021








ISLAMABAD: Nawaz Sharif offered bribe to Broadsheet for abandoning probe against his foreign assets, Broadsheet Chief Executive Officer (CEO) Kaveh Moussavi said. In an interview, he said the Broadsheet had flatly refused the deal offered by a person claiming himself as the nephew of Nawaz Sharif, in the year 2012, retorting that the Broadsheet did not negotiate with crooks.

“Sharif family has assets not only in the United Kingdom, but across the globe,” he said, adding that the Sharif family required plenty of explanation about their resources of amassing these assets. He said the process of accountability was continuing, but after President Musharraf left office, his successors started hampering the process by not giving access to information and termination of Broadsheet’s contract.

Responding to a question, he severely criticised Nawaz Sharif for claiming that Broadsheet had exonerated the Sharifs.

“Indeed Broadsheet did the opposite exactly,” he said, adding that it was a complete lie that Broadsheet exonerated the Sharif family. "Broadsheet did not pursue Avenfield apartments source of buying as a Pakistani accountability court had already contended that the apartments were bought by the Sharifs from the stolen money. However Broadsheet was ready to investigate money sources of Avenfield apartments if asked by the government of Pakistan,” he said.

The CEO said Nawaz Sharif was behind termination of contract with Broadsheet which was investigating how hundreds of millions of dollars had been stolen from Pakistan and stashed abroad.

Moussavi said Musharraf tasked Broadsheet to detect the assets of 200 people. But, after his tenure, the NAB started asking to remove names of certain people from the list that was refused. “This was the hypocrisy of then government of Pakistan,” he said.




MOUSAVI... was fed inside knowledge from NAB ,,
THE SAME INFO RE -ROUTED - back to pakistan,
and made millions for every one in NAB-
-

BROAD SHEET-------OR FRAUD SHEET,
WHT EVR it is ----is an inside scamm of NAB.

NOW WATCH HOW THEY WILL SLINGSHOT IT TO MOON, ND EVERYONE INVOLVED GETS MORE BONOUSES..
 

PAKISTANFOREVER

ELITE MEMBER
Aug 15, 2015
14,120
-3
22,871
Country
United Kingdom
Location
Pakistan
Broadsheet CEO says Nawaz Sharif offered bribe to cast aside foreign assets probe

January 11, 2021








ISLAMABAD: Nawaz Sharif offered bribe to Broadsheet for abandoning probe against his foreign assets, Broadsheet Chief Executive Officer (CEO) Kaveh Moussavi said. In an interview, he said the Broadsheet had flatly refused the deal offered by a person claiming himself as the nephew of Nawaz Sharif, in the year 2012, retorting that the Broadsheet did not negotiate with crooks.

“Sharif family has assets not only in the United Kingdom, but across the globe,” he said, adding that the Sharif family required plenty of explanation about their resources of amassing these assets. He said the process of accountability was continuing, but after President Musharraf left office, his successors started hampering the process by not giving access to information and termination of Broadsheet’s contract.

Responding to a question, he severely criticised Nawaz Sharif for claiming that Broadsheet had exonerated the Sharifs.

“Indeed Broadsheet did the opposite exactly,” he said, adding that it was a complete lie that Broadsheet exonerated the Sharif family. "Broadsheet did not pursue Avenfield apartments source of buying as a Pakistani accountability court had already contended that the apartments were bought by the Sharifs from the stolen money. However Broadsheet was ready to investigate money sources of Avenfield apartments if asked by the government of Pakistan,” he said.

The CEO said Nawaz Sharif was behind termination of contract with Broadsheet which was investigating how hundreds of millions of dollars had been stolen from Pakistan and stashed abroad.

Moussavi said Musharraf tasked Broadsheet to detect the assets of 200 people. But, after his tenure, the NAB started asking to remove names of certain people from the list that was refused. “This was the hypocrisy of then government of Pakistan,” he said.






No surprise there............. :disagree:
 

Baghial

BANNED
Feb 17, 2017
4,512
-11
2,621
Country
Pakistan
Location
Pakistan
No surprise there............. :disagree:


AND THE GENERAL WHO WAS ASKING FOR SOME FAIZ? $$$$$ FROM BROADSHEET.
Just over three years ago, a Hawker 4000 jet travelling from Dubai touched down in Goma, in the Democratic Republic of Congo. Near the Rwandan border, Goma has been a bloody flashpoint in regional fighting stretching back to the 1990s, involving well-armed militia groups.

Advertisement



The sole passenger was a Pakistani national called Tariq Malik. He had come to buy a large quantity of gold for a bargain price of $2m (£1.2m). According to a report by United Nations experts on the DRC released in December 2011, Malik had arrived to do business with Bosco Ntaganda, a former army general turned rebel leader known to many as the Terminator.

TARIQ MALIK? RING ANY BELLES ........... BROADSHEET!
 

ejaz007

SENIOR MEMBER
Jul 25, 2007
6,311
1
2,793
Country
Pakistan
Location
Pakistan
Broadsheet ‘recycled’ NAB’s reports on Sharifs







LONDON: The former director-general of the National Accountability Bureau’s Financial Crimes Investigations Wing told the London High Court that Matrix Researchers investigators, working for Broadsheet LLC, had recycled NAB’s own reports on Nawaz Sharif and presented to the NAB as new information without adding anything or tracing any assets of the former premier and his family members.
According to Talat Ghumman’s statement before Sir Anthony Evans in July 2015, the senior NAB official told the court Broadsheet didn’t have it’s own capacity to investigate and trace assets and it hired Matrix Research Limited to investigate Nawaz Sharif and his family members at a total cost of around £500,000 but the information gathered on the Sharif family didn’t impress the National Accountability Bureau (NAB) investigators who were looking for seriously actionable evidence of wrongdoing and illicit wealth. When Broadsheet asked Pakistan to pay £480,000 for this report but NAB officials refused.

Ghumman said in his statement that Ishaq Dar, former Finance Minister under Nawaz Sharif, had already “provided us with a great deal of this information” and NAB “used information provided by Dar and numerous people close to the Sharif family”.

He told the court that lots of information contained in the Matrix report as new evidence was actually available and the Broadsheet had recycled it.

Talat Ghumman told the court: “Despite the NAB giving them information about the Sharifs, Broadsheet had provided very little that was new to the NAB in relation to our new investigations into the Sharifs. The information we had on the Sharifs related to assets located both within Pakistan as well as the apartments owned by them in the prestigious Park Lane area of London.”

Talat Ghumman worked as General Manager in Askari Bank until he was asked by General Syed Amjad Hussain in October 1999 to join NAB to lead the newly formed financial crimes and banking cell. He stayed in NAB till 2004 and was a witness to the working of NAB-Broadsheet under the Assets Recovery Unit (ARU). He had played no part in drafting or signing the agreement with Broadsheet LLC and International Assets Recovery (IAR) but recommended to General Munir Hafiez in the end of 2003 that Broadsheet was incompetent and unable to deliver what Pakistan wanted.

Talat Ghumman was part of the last-ditch London meeting at the Churchill Hotel where General Munir Hafiez, Taher Nawaz and PGA Mirza met Broadsheet’s senior executives to try and find some way of finding assets and to resolve the differences. Broadsheet’s Jerry James, Chairman Douglas Tisdale and Tariq Fawad Malik were in attendance.

At the meeting, the Pakistani delegation told Broadsheet how disappointed they were at the lack of progress and how Musharraf’s administration was under public pressure to find and repatriate assets and. The Pakistani side told Broadsheet executives that they had not provided what they had provided and there was no “solid and meaningful progress”.

Nawaz Sharif was discussed at length during the meeting, according to all sides. At this meeting, General Munir Hafiez signed another Power of Attorney for Broadsheet to continue investigating Nawaz Sharif and his family. Broadsheet was concerned that Nawaz Sharif had left for Saudi Arabia and may have made a huge payment to Pakistan. The Pakistani delegation told Broadsheet there was no deal and the cases against Sharifs were not withdrawn.

At the same meeting, according to Talat Ghumman, it was decided that Broadsheet will provide a complete progress report within 30 days but nothing was ever received by NAB. Talat Ghumman attached with his witness statement several emails he had sent to Broadsheet through Tariq Fawad Malik requesting progress on the Targets, details of any assets or any meaningful progress but his emails were either ignored or only vague replies given.

He wrote: “This failure increased my skepticism about Broadsheet’s abilities, resources and assurances.”
Talat Ghumman said that in January 2003, Broadsheet claimed to be very close to arresting Syed Abdullah Shah, sought three more months and then nothing happened. He said the UK government had refused to work with Broadsheet because it was a private entity and the only limited help by Broadsheet was provided in the case of Admiral Mansoor-ul-Haq’s $.7.5 million assets recovery for which NAB paid over $1 million to Broadsheet as soon the money landed into Pakistani accounts. Talat Ghumman accepted in his statement that Tariq Fawad Malik played a role in bringing Admiral Haq back to Pakistan from the United States of America.

There were lots of emails and assurances but three years had passed and NAB - according to every NAB official involved in the agreement as well as Broadsheet’s Pakistan representative Tariq Fawad Malik - was not seeing results in the form of actionable and admissible information or asset being repatriated back to Pakistan.

Talat Ghumman told the court that by around April 2003 it became clear to Pakistan that Broadsheet lacked the capabilities or the resources to retrieve foreign assets for Pakistan or to be of any real assistance to NAB. He went to tell the court that Broadsheet had misled before signing the deal and during the agreement period and “prevented or delayed” Pakistan from “using the avenues available to NAB in foreign jurisdictions.

Ghumman also told the court that there was evidence that Broadsheet used information provided by NAB on the Targets to make direct contacts with the Targets without NAB’s knowledge in an attempt to cheat NAB.

The contract was then terminated.

 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom