Whitey Ford
12-04-2019, 09:49 PM
Enriching our culture vibrantly with real estate fraud!
Pakistani tycoon agrees to hand over £190m to UK authorities
Nine freezing orders secured against Malik Riaz Hussain in ‘dirty money’ investigation
https://i.imgur.com/bNAbinc.jpg
More than £190m of assets, including a £50m mansion overlooking Hyde Park in London, have been seized from a Pakistani property tycoon after a settlement in a UK police “dirty money” investigation.
On Tuesday, the National Crime Agency said Malik Riaz Hussain had agreed to the multimillion-pound settlement that did “not represent a finding of guilt”.
NCA investigators secured nine freezing orders that covered £140m in funds held in UK bank accounts after allegations that the cash may have been the proceeds of crime. The money and ownership of the central London property will be handed over to the government in Pakistan, where Hussain had been charged with fraud and corruption. The freezing orders were on the cash and assets rather than against any individual.
https://www.theguardian.com/uk-news/2019/dec/03/pakistani-tycoon-malik-riaz-hussain-hands-over-pounds-190m-to-uk-authorities-nca-
Pakistani tycoon agrees to hand over £190m to UK authorities
Nine freezing orders secured against Malik Riaz Hussain in ‘dirty money’ investigation
https://i.imgur.com/bNAbinc.jpg
More than £190m of assets, including a £50m mansion overlooking Hyde Park in London, have been seized from a Pakistani property tycoon after a settlement in a UK police “dirty money” investigation.
On Tuesday, the National Crime Agency said Malik Riaz Hussain had agreed to the multimillion-pound settlement that did “not represent a finding of guilt”.
NCA investigators secured nine freezing orders that covered £140m in funds held in UK bank accounts after allegations that the cash may have been the proceeds of crime. The money and ownership of the central London property will be handed over to the government in Pakistan, where Hussain had been charged with fraud and corruption. The freezing orders were on the cash and assets rather than against any individual.
https://www.theguardian.com/uk-news/2019/dec/03/pakistani-tycoon-malik-riaz-hussain-hands-over-pounds-190m-to-uk-authorities-nca-