PDF THINK TANK: ANALYST
- Mar 29, 2013
- Reaction score
In this case creditors would go after state enterprises such as PIA, PSM, Fauji cement, DHA, Pakistani ports of Karachi and Gwadar.It is hard to argue Nawaz Sharif's industrial empire or assets of his nephew are state property. The burden of proof is on the creditor. It would be too hard since all the evidence for that is on Pakistani soil.
The only things left are assets of Pakistani state - most of which are in Pakistan. As a creditor I would take a haircut rather than get involved in messy legal procedures.