Bahamas Leaks name 150 Pakistanis linked with offshore companies
This new cache of documents, received by the German newspaper Süddeutsche Zeitung and shared with the International Consortium of Investigative Journalists, relates to companies registered between 1990 and early 2016.
Bahamas documents disclose that 69 out of 175,000 offshore companies are linked with 150 Pakistani nationals, who are owners or directors of these firms.
A number of influential people from Pakistan have been named in the leaked papers. Jamaat-e-Islami (JI) leader Professor Khursheed Ahmed has been named as a director of a bank in the new leaks.
The documents also claim that Samina Durrani, mother in law of Punjab Chief Minister Shahbaz Sharif, is owner of an offshore company.
Jibran Khan, son of former federal minister Naseer Khan, is also mentioned as an owner of an offshore company in Bahamas papers.
The leaks also stated that Ahmed Ratib, cousin of ex-Afghan president Hamid Karzai, is owning an offshore company as well. Ratib presently serving a nine-year jail sentence over drug smuggling in the United States.
Bahamas papers have been leaked five months after the startling disclosures in Panama Leaks which revealed the names of several known figures in Pakistan and abroad having offshore accounts and companies.
Corruption investigations took place against many heads of states whereas many leaders resigned from offices after allegations against them were proven true.