The UK High Court has denied funds amounting to £35 million to Pakistan by issuing a judgement in favour of the Nizam of Hyderabad. Nizam of Hyderabad had made claims in 1954 to the funds lying untouched in a London bank account since 1948, which were given to the then Pakistan high commissioner by the Finance Minster of Hyderabad State.
The claim started out years ago as a three-way battle for funds claimed by Pakistan, India and the offspring of the 7th Nizam of Hyderabad. Last year, the two princes joined hands with the Indian government in the legal battle against the government of Pakistan over the funds.
Inflics provides it readers the information that they need in concise and short articles, making information and news more accessible to everyone.