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A British high court has ordered debiting Rs 450 crore from the accounts of the Pakistan High Commission in London over non-payment of a penalty by the NAB to the foreign asset recovery firm Broadsheet LLC, according to a media report.
Following the court orders, the United Bank Limited UK wrote a letter to the Pakistan High Commission on Dec 29, requesting it to provide written payment instructions with debit account details to facilitate the payment of $28,706,533.35 in line with the Final Third Party Order issued by the high court, the Express Tribune reported.
Following the court orders, the United Bank Limited UK wrote a letter to the Pakistan High Commission on Dec 29, requesting it to provide written payment instructions with debit account details to facilitate the payment of $28,706,533.35 in line with the Final Third Party Order issued by the high court, the Express Tribune reported.
