{"id":74514,"date":"2025-05-15T16:12:29","date_gmt":"2025-05-15T11:12:29","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=74514"},"modified":"2025-05-15T16:12:29","modified_gmt":"2025-05-15T11:12:29","slug":"hasan-nawaz-discharged-from-bankruptcy-case-by-uk-govt","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/hasan-nawaz-discharged-from-bankruptcy-case-by-uk-govt\/","title":{"rendered":"Hasan Nawaz discharged from bankruptcy case by UK govt"},"content":{"rendered":"

LONDON: The UK<\/span> Revenue and Customs<\/a>(HMRC) department has discharged<\/span> Hasan Nawaz Sharif’s bankruptcy case without any adverse<\/span> findings<\/span>. As<\/span> a<\/span> result<\/span>,<\/span> he<\/span> is<\/span> now<\/span> permitted<\/span> to rejoin<\/span> the<\/span> ranks<\/span> of a company director and undertake<\/span> business as usual<\/span>.<\/p>\n

The former<\/span> Prime<\/span> Minister<\/span>\u2019<\/span>s<\/span> son,<\/span> and<\/span> currently<\/span> the<\/span> president<\/span> of<\/span> Pakistan Muslim League Noon<\/a> PML-N,<\/span> was<\/span> declared<\/span> bankrupt<\/span> on April 29, 2025 (<\/span>from<\/span> the official records)<\/span>.<\/p>\n

Reports confirmed<\/span> that<\/span> the<\/span> HMRC<\/span> department<\/span>,<\/span> and<\/span> the UK tax authority,<\/span> discharged<\/span> Hasan<\/span>,<\/span> as<\/span> there<\/span> was no<\/span> evidence<\/span> of wrongdoing<\/span> on<\/span> Hasan<\/span>‘<\/span>s<\/span> part<\/span>.<\/span><\/p>\n

In<\/span> the<\/span> event<\/span> of<\/span> non<\/span>–<\/span>compliance<\/span>,<\/span> the<\/span> UK tax authority<\/span> could<\/span> have<\/span> delayed<\/span> discharging<\/span> Hasan<\/span>. \u201cHasan Nawaz is now also<\/span> completely<\/span> released from all bankruptcy and<\/span> restrictions on<\/span> debts.<\/p>\n

His bankruptcy was for 1<\/span> year only<\/span>,\u201d the<\/span> local media identified<\/span> unnamed<\/span> sources as quoting<\/span>. Hasan Nawaz was declared a “<\/span>deliberate tax defaulter“<\/span> by the UK department for refusing to pay<\/span> nearly \u00a310 million two<\/span> months<\/span> ago<\/span>.<\/p>\n

He<\/span> was<\/span> later<\/span> declared<\/span> bankrupt<\/span> after he was requested<\/span> by HMRC to pay the taxes for the period awarded<\/span> between April 5, 2015, to April 6, 2016.<\/p>\n

Earlier, Hasan Nawaz entered<\/span> into litigation against the UK tax authority, claiming<\/span> that he had<\/span> already<\/span> paid all taxes owed<\/span> for<\/span> that<\/span> period and<\/span> that<\/span> HMRC<\/span> was asking<\/span> for<\/span> additional<\/span> taxes after several\u00a0years.<\/p>\n","protected":false},"excerpt":{"rendered":"

LONDON: The UK Revenue and Customs(HMRC) department has discharged Hasan Nawaz Sharif’s bankruptcy case without any adverse findings. As a result, he is now permitted to rejoin the ranks of a company director and undertake business as usual. The former Prime Minister\u2019s son, and currently the president of Pakistan Muslim League Noon PML-N, was declared […]<\/p>\n","protected":false},"author":9,"featured_media":68458,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[28737,28735,28736],"class_list":["post-74514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-hassan-nawaz-bankruptcy-rate","tag-pakistan-muslim-league-noon-plmn","tag-uk-revenue-and-customs"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=74514"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74514\/revisions"}],"predecessor-version":[{"id":74516,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74514\/revisions\/74516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/68458"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=74514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=74514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=74514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}