💨 Abstract

In London, the High Court of Justice declared Hasan Nawaz, son of former Pakistani prime minister Nawaz Sharif, bankrupt due to unpaid tax liabilities. The decision sparked debate in Pakistan, with some seeing it as a means to conceal wealth, possibly in Swiss bank accounts. Critics argue that the money is being kept to avoid tax payments. The bankruptcy order was issued in April and published in the UK Gazette in November.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖