Pakistan

Opposition lacks evidence regarding Panama Papers, claims Asif

khawaja-asif

ISLAMABAD: Defence Minister Khawaja Muhammad Asif has said opposition was trying to prolong the Panama Papers issue.

He said the opposition did not have any authentic evidence regarding Panama Papers case.

Khawaja Asif said if the members of the Parliament unanimously accept the bill on Panama Papers then the government would also accept it.

He said PML-N government had always respected the courts and their verdicts.

To a question, he said credit of continuity of democracy during last eight years goes to military leadership.

Leaked documents from the Mossack Fonseca law firm in Panama last month showed Sharif’s sons, Hassan and Hussain, and his daughter, Maryam, owned at least three offshore holding companies registered in the British Virgin Islands.

Sharif and his family have repeatedly denied any wrongdoing, saying that assets mentioned in the leaked papers were legally acquired through the family’s network of businesses and industries in Pakistan, Saudi Arabia and elsewhere.

The leak of documents from a Panamanian law firm has captured global attention, uncovering among other things the use of off-shore businesses by wealthy individuals and corporations worldwide. While such off-shore companies are often not illegal per se, their use spurs suspicions of illegal activity, such as money-laundering, corruption, and tax evasion.

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