Nawaz’s son owns London apartment, offshore companies

Published: March 6, 2016
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Prime Minister Nawaz Sharif’s son Hussain Nawaz on Saturday called for conducting an accountability process in Punjab as well.

Speaking to the host of Express News show Kal Tak, Javed Chaudhry, Hussain said his father, Premier Nawaz, had never interfered in the accountability process.

PM seeks details of ruling party leaders’ assets

“If [Pakistan Tehreek-e-Insaf chief] Imran Khan proves that we have defaulted on any loan, the Sharif family will face punishment as stipulated under the law,”Hussain said. “Imran Khan only talks about default, but he should have some reference, like the name of the banks the Sharif family has allegedly defaulted against,” he added.

Regarding allegations that Prime Minister Nawaz had curbed the powers of accountability institutions, Hussain said no such direction had been issued from the Prime Minister’s House to the National Accountability Bureau (NAB) or any other investigation agency. “If there are any issues in Punjab which need to be investigated, then there should be no bar on that,” he said.

Hussain accepted that he owns the flats on Park Lane, London which belong to offshore companies Nesco Ltd and Nelson Ltd, saying that he only enjoys the benefits of these assets. He said these assets are run by a trust held by his sister Maryam Nawaz.

Assets disclosure: ECP reminds political parties to file statements

Hussain called on accountability bodies to try former president Pervez Musharraf, “otherwise every ruler will do as he pleases and leave.”

He said he forgave Musharraf for what he did to him. Musharraf is accused of persecuting the Sharif family after overthrowing the PML-N government in 1999.

Published in The Express Tribune, March 6th, 2016.

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Reader Comments (25)

  • Saleem
    Mar 6, 2016 - 9:48AM

    Once politicians come into power, their family fortune start skyrockting. And then only sky is the limit. Is that a mere coincidence? Absolutely not.

    There is corruption but better yet politicians start greasing things for them and their families which in turn results into fortune. Go figure if one can call that corruption or not!Recommend

  • Ayesha
    Mar 6, 2016 - 11:10AM

    These are bunch of soft spoken crooks who know how to hide stolen money through offshore companies.Recommend

  • Ali S
    Mar 6, 2016 - 12:05PM

    You don’t say?Recommend

  • yellow
    Mar 6, 2016 - 2:07PM

    “…..he only enjoys the benefits of these assets”

    What other thing can one do with assets?Recommend

  • sheraz
    Mar 6, 2016 - 2:43PM

    Angels! Recommend

  • kilo
    Mar 6, 2016 - 3:04PM

    This man cannot be trusted. Some time back, in a BBC program he told Tim Sabastian, I am just a kid and do not know how his family purchased these luxury apartments and who is the actual owner Recommend

  • Mohammed
    Mar 6, 2016 - 4:34PM

    With the money laundering laws being so strong, how did the Sharifs afford all these assets abroad.Recommend

  • mirestan
    Mar 6, 2016 - 4:53PM

    NO one can question the Royal family.Recommend

  • Mar 6, 2016 - 5:11PM

    He knows that in Pakistan nobody can touch them as they are rich and in power.Recommend

  • syed & syed
    Mar 7, 2016 - 2:22AM

    By the grace of Parvaiz Musharaf his father was deported to Saudi Arabia with containers full of what? He established family business and his cronies in Pakistan helped this man financially. Without money laundering how can assets be made not only in UK but also in UAE etc. It appears there was a race of wealth accumulation between him and Zardari. As U say Maraim Nawaz is looking after the TRUST. Whom R U trying to fool.Recommend

  • globalobserver
    Mar 7, 2016 - 4:50AM

    So what? Pakistan’s national hero Musharraf has properties abroad and has stashed $250M in foreign banks. His children are living in the US as American citizen. Also, all of Pakistani politicians, and military elite have foreign accounts and properties to go along with their dual citizenship.Recommend

  • Tp
    Mar 7, 2016 - 8:36AM

    My mother tells me that fat people are almost always corrupt. Don’t know how much truth there is to it. Empirically, that seems to be the case.Recommend

  • Faraz
    Mar 7, 2016 - 4:06PM

    Sent into the luxurious lap of Suroor Palace as the Royal Guest of the Saudis. Whole immediate and extended family including servants also allowed to accompany. Spend life with luxury cars, thriving businesses, proceed abroad for health treatment in UK, etc. Some ‘persecution’ indeed. Recommend

  • Zaid Hamid
    Mar 7, 2016 - 5:51PM

    Nothing new. Everybody in Pakistan with money have dual citizenship. They don’t trust the ship they are sailing on.Recommend

  • Hassan Y.
    Mar 7, 2016 - 7:38PM

    They have money and power.
    Doing corruption, spending the money of tax payers like it worth nothing to them.
    Money made through corruption is spend abroad while purchasing luxury properties.
    Have businesses which is align with government projects.
    May God have Mercy on the citizens of Pakistan.
    The difference between have and have not is increasing which is alarming. It should be address else we are directly heading towards destruction. Recommend

  • Azi
    Mar 7, 2016 - 10:13PM

    Every day almost there are new stories backed by facts proving how corrupt our leaders are. Leaders that have plunged the country in dark ages, the country that so proudly calls itself a nuclear power and cant even provide its citizens with 24/7 electricity, a quality you can find even in many 3rd world countries. Despite all these stories, i wonder how they keep coming back to power. Either people just don’t care anymore who rules them and how, or they just cant see past their evil designs.Recommend

  • Voice of Pakistan
    Mar 7, 2016 - 11:32PM

    He does look well fedRecommend

  • Raisur Rahman
    Mar 8, 2016 - 5:37AM

    Street dog has better respect than the Shariff family. So the question to be put up how is his sister making money?????Recommend

  • Hamdani
    Apr 4, 2016 - 1:39PM

    Can we redo the show and see his confidence again after Panama Papers. Have they been trained to fraud and lie on the face.Recommend

  • syed & syed
    Apr 5, 2016 - 12:56AM

    It was Late Gen Gillany who brought this man called Nawaz & Shabaz. Do they know the meaning of trust. Now their siblings are front menRecommend

  • Kashar
    Apr 5, 2016 - 3:07AM

    I don’t think they give it a damn. It is so easy to say “it’s all lies trying to prevent us from servicing the nation” in Pakistan.Recommend

  • Anomic
    Apr 5, 2016 - 6:40AM

    He forgot to tell us that he is spiritual son of King Midas and inherited his magic touch.
    How else could he be so wealthy!
    Recommend

  • Anomic
    Apr 5, 2016 - 7:30AM

    @Kashar: “I don’t think they give it a damn.”

    They would gladly give all the damn in the world if it was not sitting in a foreign trust.Recommend

  • Anomic
    Apr 5, 2016 - 7:34AM

    @Voice of Pakistan: “He does look well fed”

    Yes, and he only feeds on all “Halal” food like Zia’s “Rizq e Halal.”Recommend

  • khan
    May 21, 2016 - 5:55PM

    these guys have been spoiled, they were not like that.now they have to listen to music.
    good luck with them, but it is never too late, they should get away from their companions, and say goodbye to politics,rest at home at their farm. and do Allah Allah.Recommend

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