Pakistan team face embarrassment, UK based company threatening to Seize their assets:
UK based company, Broadsheet LLC has won a case against the Republic of Pakistan. And now threatening Pakistan cricket team to seize their assets to recover the dues Pakistan team had to face huge embarrassment. Some days ago COVID-19 was the only difficulty to face. But now another big problem has arisen for the Pakistan cricket team in England.
In the year 2000, Anti-corruption of Pakistan hired London based private company to recover the ill-gotten wealth of some famous Pakistani peoples including Nawaz Sharif family but Broadlist LLC but didn’t pay.
Then the company filed the case in the London Court of International Arbitration(LCIA). Now wins cased against Pakistan and NAB(National Accountability Bureau).
The company claims that Pakistan owes 33$ million. Now it’s become easy to recover some money by seizing the property of Pakistan cricket team because they present in England itself.
“The team is an asset of the defendant”, UK based company:
The company wrote a letter to Pakistan. They mentioned that because they won the case, The assets of Pakistan team are there and along with it some other Pakistani building including High Commission building and Roosevelt Hotel belongs to them.
It will be a big embarrassment for the Pakistan cricket team at the International level if their assets seized by the UK based company.
“The Pakistan cricket team is currently in the UK preparing for a Test series against England,” Broadsheet LLC.
“We consider that the team is, by the very nature, an asset of the defendant and that monies due to the team and assets of the team are assets of the defendant to the litigation,” Company added in the letter.
Pakistan tour of England:
Pakistan’s cricket team reached England and started their training. After facing Global pandemic COVID-19. But they didn’t know that a new problem is waiting for them in England.
Although, Pakistan’s cricket team is directly not related to this case because of Pakistan they had to face embarrassment.
Pakistan and England will play 5 Tests and 3 T20s.
Pakistan T20I players doing the hard yards in the nets at Derby. pic.twitter.com/M7NusJCtLI
— Pakistan Cricket (@TheRealPCB) July 30, 2020