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‘I’ve nothing to cover, prepared to seem earlier than Broadsheet fee’: Tariq Fawad Malik

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Picture:File
  • Broadsheet LLC scandal’s central character Tariq Fawad Malik says he “did nothing wrong and has “nothing to cover”
  • Says supervising the Broadsheet LLC and Trouvons LLC cases was part of his job
  • Claims Pakistan lost the Broadsheet LLC case in Britain due to “mistaken recommendation”

DUBAI: Tariq Fawad Malik, the main character in the Broadsheet LLC and National Accountability Bureau (NAB) scandal, has said that he will appear before the Broadsheet Inquiry Commission if the government of Pakistan requires him to.

Tariq Fawad Malik was reportedly the person who convinced General (retired) Amjad, the National Accountability Bureau (NAB) Chairman in 2000, that he could help Pakistan bring back the “looted wealth” from overseas.

It was a marketing brochure making claims about assets recovery that Tariq Fawad Malik, a former Air Force (PAF) Pilot Officer dismissed from service over fraud offences, showed to General Amjad, arranged a scripted visit to Colorado to win over his trust, and the rest is history. 

Read more: Tariq Fawad Malik: the founder of messy Broadsheet deal

Speaking to Geo News in Dubai, Malik said that “he has nothing to cover,” adding that supervising the Broadsheet LLC and Trouvons LLC was part of his job.

“The settlement between NAB and Broadsheet LLC was mutual and the accountability watchdog duly signed it,” Malik said. “The NAB is answerable for signing the settlement.”

Malik claimed that he had done “nothing mistaken,” adding that it is true that Broadsheet LLC “couldn’t make any recoveries and failed to realize its objectives.”

He went on to say that Pakistani lawyers “failed at each entrance” regarding the Broadsheet LLC case and lost the long-running litigation at the London High Court.

“Pakistan misplaced the case as a consequence of mistaken recommendation,” he said.

Read more: NAB – Broadsheet saga: Pakistan pays Rs4.59 bn to British firm for lost case

The Broadsheet LLC scandal

Broadsheet LLC was hired by the National Accountability Bureau during Pervez Musharraf’s government in 1999 to trace assets in the UK and USA of more than 200 Pakistanis (called “targets” within the contract) together with generals, politicians, and businessmen — Benazir Bhutto, Asif Ali Zardari, and Nawaz Sharif have been the chief targets.

The agency started pursuing authorized motion in opposition to NAB after it ended its contract in violation of the phrases and circumstances. The bureau was ordered by a London court docket to pay for damages, liabilities, and curiosity accrued.

The London Excessive Court docket’s Monetary Division issued on December 17, 2020, a Ultimate Third Social gathering Order for cost to Broadsheet by December 30, 2020 — drawing the curtains on a case that has price Pakistani taxpayers billions of rupees.

Pakistan then made a cost of $28.706 million (Rs4.59 billion) to the British agency after shedding the long-running litigation on the London Excessive Court docket. 

Associated: PCB points clarification after Broadsheet threatens to grab Pak cricket property

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