INP-WealthPk

Properties mentioned in UK media report no more owned by Sharif family: Hussain

June 26, 2018

LONDON, June 26 (INP): Former premier Nawaz Sharif’s son, Hussain Nawaz has said that the properties mentioned in report of the British newspaper is no more owned by Sharif family. In an informal chat with media here on Tuesday, Hussain Nawaz said that his brother, Hasan Nawaz, did business involving those properties, however, he also does not own them now. The UK Daily Mail published a report about Nawaz and his sons last week, referring 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 Hasan 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." Nawaz and his family are facing three corruption references — Flagship Investment, Azizia Steel Mills and Avenfield properties in an accountability court in Islamabad. The former premier and his sons, Hassan and Hussain, have been named in all three NAB references, while Maryam and husband Safdar have been named only in the Avenfield reference. [timed-content-server show="06/26/2018 23:50 Asia/Karachi"]Speaking of his mother who remains under treatment at a London hospital, Hussain Nawaz said that Begum Kulsoom's condition was more critical than earlier, adding that the doctors have increased her dose of anesthetic given to her. He said that a decision to remove his mother from ventilator had been postponed, keeping her condition in view. The doctors will again review his mother's condition on Saturday, he added. Begum Kulsoom was admitted to hospital in London in August last year after doctors discovered she was suffering from throat cancer. She has been undergoing treatment since. On June 14, Begum Kulsoom was shifted to the hospital's ICU after she suffered a cardiac arrest and has been on life support since.[/timed-content-server]