NAWAZ SHARIF'SON HASSAN NAWAZ PROPERTY HYDE PARK LONDON

[mr42O]

The Sharifs own property worth more than 20 million pounds (Rs 2.7 billion) in and around Central London, Daily Times has learnt. Of these, the Sharif family residence, three flats at 17 Avenfield House, 118 Park Lane alone are worth around 12 million pounds (Rs 1.6 billion).

According to documents available to Daily Times, Flagship Investments Limited, one of the companies run by the Sharif family in London, owns property worth around 10 million pounds in Central London. This does not include the value of the company’s offices. Hasan Nawaz Sharif, the son of PML-N chief Nawaz Sharif, is listed as the director of company on official documents.

Luxury residences: According to its website Flagship Investments, the company refurbishes and redevelops luxury residential properties in top end Central London locations. Sought after properties in Mayfair, Knightsbridge, Kensington and Bayswater are their primary focus.

The company’s address listed on the website is Stanhope House, Stanhope Place, Marble Arch – one of the city’s priciest neighbourhoods. However, according to documents seen by Daily Times, the company moved to Tower Bridge House on St Katherine’s Way in November 2007 – a much more upscale property located near the bank of the River Thames.

Properties: The company’s website lists several properties, which include Flat 8, Burwood Place – London W2, worth 700,000 pounds (Rs 96.6 million); Flat 9, Burwood Place – London W2, worth 900,000 pounds (Rs 124.2 million); 10 Duke Mansions, Duke Street, London W1, worth 1,495,000 pounds (Rs 206.31 million); Flat 12a, 118 Park Lane, Mayfair – London SW1, worth 475,000 pounds (Rs 65.55 million); Flat 2, 36 Green Street – London W1, worth 800,000 pounds (Rs 110.4 million); and, 117 Gloucester Place, London W1 (value not listed). The website also features a piece of real estate near the Buckingham Palace, which is valued at around 4,450,000 pounds. In addition, one of the properties listed on the website – 841 Neil Gwynne House, Slone Avenue – is said to be the residence of one Waqar Ahmed, listed on the documents as the Company Secretary of Flagship Investments Limited.

 

[Cyberian]

... and?

It just proves Nawaz Sharif's son makes his money from the property business and not the Pakistani exchequer.

 

[A1Kaid]

Nawas Sharif family have a large business in Pakistan they are genuine businessmen and industrialist in the steel mill industry in Pakistan. There is nothing wrong with living a luxurious life if your money merits it.

 

[Faiez]

im not a sharif fan or imran fan etc...i dont like ANY party at all....

but the truth is that the sharif family was very very rich even before they entered politics...they actually got into politics cuz their factories were nationalized....thats how they entered politics..

 

[Peregrine]

Sorry to say but you are wasting your energies here.........people who go out and vote for these corrupt elites, dont care about these things.....heck they dont even know what internet is.....just give them a plate of PULAO along with 500 Rs and the vote is yours.

 

[Green Bullet]

The question should not be focused on why such extravagance cannot be utilized...but does beg the question how it was financed. Sharif family prior to Politics was a small business family, with no real significance like the Habib or Hashboo group. He only became powerful with the help of Zia. You cannot take this stolen money to your grave, and I would rather make halal money..if not then at least a poor man in the eyes of Allah has more mercy.

 

[A.Rafay]

im not a sharif fan or imran fan etc...i dont like ANY party at all....

but the truth is that the sharif family was very very rich even before they entered politics...they actually got into politics cuz their factories were nationalized....thats how they entered politics..

If you dont like any party then you like zardari!

 

[mr42O]

Discrepancies pointed out in Nawaz

the PML-N chief has received a ‘gift’ of Rs129.83 million from his London-based son but official UK documents establish that the companies of Hasan Nawaz faced losses in the mentioned period.

... and?

It just proves Nawaz Sharif's son makes his money from the property business and not the Pakistani exchequer.

 

[Faiez]

Discrepancies pointed out in Nawaz

the PML-N chief has received a ‘gift’ of Rs129.83 million from his London-based son but official UK documents establish that the companies of Hasan Nawaz faced losses in the mentioned period.

-they have other businesses.
-they had alot of spare cash.
-its a common trick to avoid paying taxes. the company may be in loss, but hasan nawaz was probably making alot through salary...

I'm sorry to say, but its a really pathetic attempt against nawaz sharif...If you want to expose him, show all those contracts his government keeps giving to his own companies(his friends/relatives companies) all the time...thats how they make their money. Other than that (as usual with most of such senior post people) they make money by selling major contracts to foreign companies. The payment is received in swiss accounts. No on finds out until they spend it maybe 10yrs later....this is the real corruption they do.

 

[airmarshal]

Nawaz being rich or not, but why a person doing politics in Pakistan should have properties outside the country? Its because its illegal money and is invested in a safe place to save the loot.

The original money came from Pakistan and that too through illegal channels. BBC has a documentary on it.

Their industries were denationalized by Zia as they were willing to go along Zia's policies in exchange for getting their properties back.

They have been rich? My foot! This is all ill gotten money. If you are old enough, you might remember when Nawaz became PM for the first time how he forced SROs' to import steel for his industries. This is corruption to me. Benazir reversed those SROs' when she became PM. Later when Nawaz became PM, he reversed them again. This see saw of SROs was famously called 'SRO wars'. And it was done to save personal interests only. Nawaz doing it for personal gain and Benazir being a typical feudal was vindictive when reversing those SROs.

In this petty war, both of them destroyed the ship breaking industry.

 

[dabong1]

Google-amazon ect paid next to no tax's in the UK but we cant blame them for using loopholes put there by governments in the same way pakistan business can not be held for being "corrupt" and not paying taxs in you dont close the tax loopholes.
The pics of NS sons homes proves nothing more then his success in business.

 

[W.11]

Nawas Sharif family have a large business in Pakistan they are genuine businessmen and industrialist in the steel mill industry in Pakistan. There is nothing wrong with living a luxurious life if your money merits it.

and so does bhuttos, who has a huge land in sindh

your point is?

i guess we are fighting ghosts, they are all very non corrupt and sincere

 

[xyxmt]

Its about time to bring something new on the table, same crap in every thread but for how long

 

[A1Kaid]

and so does bhuttos, who has a huge land in sindh

your point is?

i guess we are fighting ghosts, they are all very non corrupt and sincere

Point is Sharif family has their own money, Zardari and Bhutto family looted the treasury. Is it that difficult to understand....

 

[W.11]

Point is Sharif family has their own money, Zardari and Bhutto family looted the treasury. Is it that difficult to understand....

is it difficult to understand that bhutto family are land lords are have money from their lands?

shareef had nothing before, how he came to own so many steel mills when he had nothing before? he wasnt a feudal like bhuttos