The 70-year dispute centres on £1 million that on around 16 September 1948 was transferred by the 7th Nizam of Hyderabad — who ruled the princely state between 1911 and 1948—to a bank account in London held by Pakistan’s then high commissioner for the UK Habib Ibrahim Rahimtoola. The £1 million has since grown to £35m and remains in a NatWest bank account.
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