Broadsheet CEO apologises to Nawaz, blames NAB for ‘witch-hunt’

Published March 22, 2022
A combination photo of PML-N supremo Nawaz Sharif (L) and Broadsheet CEO Kaveh Moussavi (R). — AFP/Kaveh Moussavi Twitter
A combination photo of PML-N supremo Nawaz Sharif (L) and Broadsheet CEO Kaveh Moussavi (R). — AFP/Kaveh Moussavi Twitter

LONDON: The CEO of asset recovery firm Broadsheet, which years ago was contracted by General Musharraf to probe political opponents including the Sharifs, has issued an apology to the PML-N supreme leader through a video interview with GEO News for allegations of corruption.

“We found a lot of plundered wealth [linked to others], but I can categorically state after virtually 21 years of investigation that not one rupee was related to Mr Nawaz Sharif or any member of his family. If anyone says otherwise they are lying,” Kaveh Moussavi said.

“I have no hesitation in issuing an apology to the former prime minister for my being party to a scam and scandalous nonsense masquerading as the National Accountability Bureau,” Moussavi said, adding: “NAB is a fraud through and through.”

He also said Nawaz Sharif was “the victim of a scandalous witch-hunt”.

“When the facts change, I change my views,” he added.

Last year, on several occasions, Moussavi had claimed to have evidence of “corruption” against Nawaz Sharif, and had even claimed that the Sharif family approached him with a bribe.

The Sharifs denied the allegations, and even secured the payment of £20,000 (Rs4.5 million) in litigation costs last year from the firm after it was unsuccessful in its attempts to lay a claim on Avenfield apartments.

Broadsheet LLC was registered in the Isle of Man on June 20, 2000 and helped the Musharraf government and the newly-established NAB track down foreign assets purchased through alleged ill-gotten wealth. Owned by Moussavi, an Iranian-born former Oxford University academic, Broadsheet is now under his supervision after he initially funded the arbitration and previously served a year-long prison sentence in England for contempt of court in unrelated proceedings.

Broadsheet maintains that it was created to be a company specialising in the recovery of assets and funds and was, therefore, engaged to trace, locate and transfer such items back to the state.

“Twenty-two years ago when Musharraf asked us to investigate you [Nawaz Sharif], we were led to believe and started investigating, and at every turn we found that the investigation was sabotaged not because we were getting close but we because that the intention was a witch hunt,” he said in his recent video interview. “The National Accountability Bureau also subjected us to a fraudulent misrepresentation.”

Published in Dawn, March 22nd, 2022

Opinion

First line of defence

First line of defence

Pakistan’s foreign service has long needed reform to be able to adapt to global changes and leverage opportunities in a more multipolar world.

Editorial

Eid amidst crises
Updated 31 Mar, 2025

Eid amidst crises

Until the Muslim world takes practical steps to end these atrocities, these besieged populations will see no joy.
Women’s rights
Updated 01 Apr, 2025

Women’s rights

Such judgements, and others directly impacting women’s rights should be given more airtime in media.
Not helping
31 Mar, 2025

Not helping

THE continued detention of Baloch Yakjehti Committee leaders — including Dr Mahrang Baloch in Quetta and Sammi ...
Hard habits
Updated 30 Mar, 2025

Hard habits

Their job is to ensure that social pressures do not build to the point where problems like militancy and terrorism become a national headache.
Dreams of gold
30 Mar, 2025

Dreams of gold

PROSPECTS of the Reko Diq project taking off soon seem to have brightened lately following the completion of the...
No invitation
30 Mar, 2025

No invitation

FOR all of Pakistan’s hockey struggles, including their failure to qualify for the Olympics and World Cup as well...