According to media reports, the London High Court has declared Hassan Nawaz, the son of former Prime Minister Nawaz Sharif, bankrupt.
The news broke late Sunday night, with claims that Hassan Nawaz had been declared insolvent in a case brought forward by the UK’s tax and revenue department (HMRC). The development marks a significant legal setback for the Sharif family, though no official statement or clarification has been issued by Hassan Nawaz or Pakistan Muslim League-Nawaz (PML-N) so far.
Reports suggest that the British court’s bankruptcy order stems from a tax-related dispute. Hassan Nawaz was declared bankrupt under case number 694, a matter reportedly filed on August 25, 2023.
Further details obtained from the UK Gazette confirm that the bankruptcy order was formally issued on April 29, 2024. The case, initiated by HMRC, highlights serious financial and legal challenges for Hassan Nawaz in the UK.
This ruling adds another chapter to the Sharif family’s complex history with legal and financial controversies, both in Pakistan and abroad.
