Govt granted stay on Asif’s plea

Published August 5, 2006

ISLAMABAD, Aug 4: The High Court of Isle of Man (UK) on Friday granted a stay order to the government against an application filed on behalf of former senator Asif Ali Zardari to get liquidated amount of Rockwood Surrey Palace, a press release issued by the Press Information Department said on Friday.

The government claimed that the decision of the court was in its favour while People’s Party Parliamentarians spokesman Farhatullah Babar termed it a “moral victory and a vindication of its position that the regime’s allegations were mala fide and politically motivated”.

According to the National Accountability Bureau, it has been allowed by the court to file an appeal against the order and a bench of two judges will hear it.

The High Court of Isle of Man had admitted the government’s claim that Mr Zardari owned the Rockwood Estate and basing upon this judgment of Feb 9, NAB had filed a case in the London High Court to prove that the Rockwood (Surrey) Palace was purchased with the money looted from Pakistan through corruption, the government claimed.

The proceedings in the High Court of Isle of Man were primarily originated by the liquidator of the companies, which were tacitly being controlled by Mr Zardari, it said.

NAB demands that 4.5 million pounds made out of corrupt practices should stand repatriated to the people of Pakistan while Mr Zardari has requested the court that the money should be given to him.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...