Company awarded millions in arbitration case

A Manx company which recovered assets from senior businessmen, politicians and military figures in Pakistan has won tens of millions of pounds from the country's National Accountability Bureau (NAB).

Colby-based Broadsheet LLC was brought in to trace money lost to alleged corruption but was wound up in 2005 and reformed in America.

It sued the NAB, claiming it hadn't been paid for its work and the Pakistani government had reached settlements with a number of its targets. 

And it's now been awarded a £35.6 million payout after winning its arbitration case in London.