His daughter Maryam, once seen as his likely political successor, was listed as the owner of two British Virgin Islands-based shell companies – Nielsen Enterprises Limited and Nescoll Limited – which were set up in the early 1990s, just after her father’s first term as prime minister ended. She was underage at the time. The companies owned “a U.K. property each” for use by the family of the owners, according to the documents.
Maryam and Hasan Nawaz Sharif signed paperwork in 2007 that was part of a series of transactions in which Deutsche Bank Geneva lent up to $13.8 million to the companies with their London properties as collateral. Hasan Nawaz Sharif was listed as the director of another British Virgin Islands registered company, Hangon Property Holdings Limited.
Another shareholder of that company