LONDON: Hassan Nawaz, the son of Pakistan Muslim League-Nawaz (PML-N) leader Nawaz Sharif, has officially declared bankrupt by the London High Court. The ruling issued on Sunday, following a tax-related case filed against him by the UK’s tax authorities.
The bankruptcy decision stems from a legal case, identified as Case No. 694, which initiated in August 2023. After several months of legal proceedings, the court’s judgment marked a significant development in the ongoing scrutiny of Hassan Nawaz’s financial affairs both in the UK and internationally.
The case has attracted considerable attention, largely due to Hassan Nawaz’s high-profile status and the broader political and financial implications tied to his family’s wealth and business dealings.