Pandora Papers claim Pak ministers, generals & their offspring hide financial secrets. This is in offshore companies.
The leaked “Pandora Papers” revealed names of more than 700 Pakistanis. They rank among rich and powerful international figures who were allegedly hiding their financial secrets through offshore companies. The files, unveiled by the International Consortium of Investigative Journalists (ICIJ), pose a big challenge. This is for Prime Minister Imran Khan, who had knocked out his arch-political rival, former PM Nawaz Sharif, through a Supreme Court order in the “Panama Papers” case that had barred Sharif from holding public office in future.
The latest papers have named Khan’s cabinet members and financial backers. Also it politicians, retired generals, media owners and businessmen as possessing secret offshore financial assets.
Khan had vowed that he would take stern action against Pakistanis if found involved in a scam. His first big test would be to decide on finance minister Shaukat Tarin.
Minister for water resources Chaudhry Moonis Elahi and his predecessor Faisal Vawda have in Pandora’s papers . National Bank president Arif Usmani, the PM’s ambassador at large for foreign investment Ali Jehangir Siddiqui might be guilty too. The managing director of the national investment trust, Adnan Afridi, and others whose names were unearthed by the leaked papers.
Pandora Papers – big names crop up
The names of several retired Pakistani generals and their children have also figured in the “Pandora Papers”. According to the leaked files, ex-President Pervez Musharafs military secretary, Lt Gen Shafatullah Shah, owns an expensive apartment in London through an offshore company that is in the names of his wife and son.
Meanwhile Former ISI director-general (counter-terrorism) Maj Gen Nusrat Naeem (Retd) registered a company soon after his retirement in 2009. Meanwhile The son of Lt Gen Afzal Muzaffar (Retd) held an offshore company. He used this company for a business in the UAE.
Meanwhile Muzaffar was implicated in a case related to making an illegal investment of Pakistani Rs 4.3 billion . He made this in the stock market. This while being the director-general of the army’s national logistics cell (NLC), which caused a loss of Rs 1.8 billion.
Meanwhile The wife of former defence production secretary Lt Gen Tanvir Tahir is a shareholder in an offshore company. The sister of Lt Gen Ali Quli Khan bought properties in the UK through an offshore company. The “Pandora Papers” claim this. She made this purchase through the fortune she had inherited from her deceased father, Lt Gen Habibullah Khattak (Retd).
Also two sons of a former chief of air staff, Air Chief Marshal Abbas Khattak, also own an offshore company, according to the Pandora Papers. The documents claimed that publishers of the Jang Group, Mir Shakil-ur-Rahman, the Dawn Group’s Hameed Haroon, the Express Group’s Sultan Lakhani.
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