PTI Imran Khan got Evidence Nawaz Sharif Buying Flats
The children of Pakistan’s prime minister, Nawaz Sharif, raised a £7m loan from Deutsche Bank against four flats in Park Lane in London owned by offshore companies.
Acquired while Sharif was in opposition, the properties were owned by British Virgin Islands shelf companies on the books of the offshore agent Mossack Fonseca, the Panama Papers show.
The Sharif family’s investment in upmarket London property was disclosed in 1998 by Rehman Malik, a political opponent and the head of Pakistan’s Federal Investigation Agency, who had fled to London after allegedly being arrested and tortured.
Malik compiled a report that he claimed showed the Mayfair homes had been bought using “ill-gotten wealth earned through corrupt practices”. He claimed they had not been declared on tax returns, in breach of Pakistani law.