The company that won the lawsuit against the National Accountability Bureau (NAB) in the UK has threatened to confiscate the equipment of the Pakistan cricket team but the Pakistan Cricket Board (PCB) has rejected these reports and threats.
The letter, written by a lawyer for Broadsheet LLC, the company that won the lawsuit against the NAB, said that Pakistan and the NAB had failed to pay more than 30 33 million in damages after losing the lawsuit. Has directed to confiscate the assets of Pakistan cricket team and this process will be started in two days.
“We understand that the team is naturally the asset of the defendant and in this context the assets of the team will be considered the assets of the defendant,” the letter said.
In this regard, Pakistani lawyers were asked to respond to the letter immediately if they disagreed with the position, otherwise the company would be justified in putting the threat into practice.
According to popular cricket website Kirk Info, the Pakistan Cricket Board says it is in touch with the Pakistani embassy in the UK and is satisfied that this is unlikely to happen.
“The reason for our satisfaction is the legal opinion that the Pakistan team is in fact a representative of the Pakistan Cricket Board and the board is an independent body rather than a government of Pakistan or the state, so it is responsible for paying damages in this matter,” he said. no.
It may be recalled that during the tenure of former President General (retd) Pervez Musharraf, the professional services of Broadsheet LLC were obtained to trace the assets of 200 Pakistanis in the United Kingdom and the United States.
Interestingly, in all these operations, Asif Ali Zardari, Benazir Bhutto, Nawaz Sharif and Lieutenant General Akbar were specifically targeted as 20 per cent of the amount received from the targets under the agreement was to be paid to the company. No evidence was found against the figures, and no money was recovered from the UK.
The agreement was signed by the National Accountability Office, which was canceled in 2003, and the cancellation of the agreement caused controversy, after which the matter went to court and the International Arbitration Court ruled in favor of the British company. Had given
The court had said in its judgment that NAB was bound to pay compensation to the company.
The letter was written by the Broadsheet Company to Allen & Overy because the company was representing the Government of Pakistan and the NAB in the lawsuit.
The Pakistan Cricket Board’s Broadsheet LLC has nothing to do with the mediation between the Islamic Republic of Pakistan and the NAB and the recovery of damages.
It is pertinent to mention here that the Pakistan Cricket Board was established as a corporate body under the 1962 Ordinance which has special powers regarding the administration, management and promotion of the game of cricket in Pakistan.
The Pakistan Cricket Board operates under its constitution as an independent body which is independent of the jurisdiction of the government, generates its own revenue and does not receive any assistance from the provincial or federal government in this regard.
The Pakistan team is in England for a series of three Tests and three T20 matches and the series will start on August 5 with a Test match in Manchester.