Hasan Nawaz sole owner of multi-million pound London business
Pakistan Saturday, December 26th, 2009* Nawaz Sharif’s son paid millions of pounds in taxes to UK
No Sharif family member other than Hasan Nawaz owns Flagship Investments Ltd and the premises being used as the company’s offices are rented, said a Sharif family spokesperson in a press statement.
Issued in reply to an article (Sharifs own property worth billions in London, the release points out that Hasan Nawaz “has paid millions of pounds in taxes” to the UK tax authorities as a resident and has even been featured in the Who’s Who of Britain’s Young Business Elite.
The release also states that the offices in Tower Bridge House are of a multinational auditing and accounting firm and do not belong to the company. However, the address for Hasan Nawaz Sharif, as listed in the 2009 edition of the Who’s Who of Britain’s Young Business Elite – a copy of which was attached to the Sharifs’ statement – is indeed ‘Tower Bridge House, St Katherine’s Way, London’, contrary to the spokesman’s claims.
The statement also claims, “a property near Buckingham Palace valued at 4,450,000 pounds has nothing to do with the company”. It may be noted that the said property is still listed on the company website even as this report is being filed.
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on Dec 26 2009. Filed under