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Monday, May 23, 2022
EditorialBroadsheet CEO’s apology

Broadsheet CEO’s apology

Broadsheet Chief Executive Officer Kaveh Moussavi has issued an apology to Pakistan Muslim League leader Nawaz Sharif for his earlier stance on the cases linked to the former three-time premier of Pakistan. But his apology leaves a trail of questions for both the Broadsheet CEO and Nawaz Sharif. It is not an open and shut case. Broadsheet LLC is an asset-recovery company that was formed in the year 2000 in the Isle of Man and collaborated with the National Accountability Bureau (NAB) during president Pervez Musharraf’s regime. The collaboration was apparently intended to trace hidden foreign assets of Pakistanis. The real intention behind the contract seemed to be a witch-hunt against political leaders who were against the illegal usurpation of power by General Musharraf, namely Nawaz Sharif, Benazir Bhutto, and her husband Asif Ali Zardari among others. Broadsheet LLC and NAB had a three-year-long relationship from the year 2000 till 2003 after which it was terminated by the latter. In 2018, a UK court ordered NAB to pay a fine to the asset-recovery company which in turn asked it to take Sharif’s Avenfield apartments as according to NAB they were an undeclared asset of the former prime minister. In 2021, the Broadsheet CEO released a statement that stated that the Sharif family had tried to bribe him so that he would give up the case against them. Later it turned out that a UK court ordered Broadsheet to pay the Sharif family 20,000 pounds in legal costs for confiscating the apartments.

Kaveh Moussavi and his company have now issued an apology to the Sharif family in which he stated that a lot of plundered wealth was found, however, after 21 years of investigation none of it could be linked to Nawaz Sharif or his family. He also said that if anyone states otherwise, they are lying and that he has no hesitation in issuing an apology to the former prime minister for him being involved in a scandal created by the National Accountability Bureau. According to Moussavi NAB is a fraud through and through and Nawaz Sharif was the victim of a witch-hunt. This summersault comes as a surprise as until last year the company and its CEO were after Sharif and his family. There were allegations of bribery from Sharif’s side so that Broadsheet would give up cases against him and his family. The aforementioned statement of Moussavi cannot be taken seriously as such a turn reeks of scandal. Moreover, the former premier has still not provided the money trail for many of his assets.

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