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Panama Papers

Panama Papers are one of the biggest leaks in the human history. International Consortium of Investigative Journalists (ICIJ) released. The panama papers consists of over 11.5 million leaked documents that detail financial and attorney–client information for more than 214,488 offshore entities.The documents, some of which dated back to the 1970s, belonged to the Panamanian law firm and corporate service provider Mossack Fonseca, were leaked in 2015 by an anonymous source.

The documents contain personal financial information about wealthy individuals and public officials that had previously been kept private. While offshore business entities are legal, reporters found that some of the Mossack Fonseca shell corporations were used for illegal purposes, including fraud, tax evasion, and evading international sanctions.

The case was brought to court by Pakistan Tehreek-e-Insaf leader Imran Khan alleging money laundering, corruption, and contradictory statements by Nawaz Sharif, the incumbent Prime Minister of Pakistan, after the Panama Papers leak uncovered links between Sharif’s family and eight offshore companies.

Nawaz tries to establish contact with UAE PM

ISLAMABAD: Prime Minister Nawaz Sharif has tried to establish "urgent" contact with the Vice President and Prime Minister of UAE, Sheikh Mohammad Bin Rashid Al Maktoum, a Foreign Office letter available with ARY News confirmed. Foreign…

Panamagate JIT member Bilal Rasool getting threats

ISLAMABAD:  Bilal Rasool, a member of the Joint Investigation Team (JIT) which probed the allegations of impropriety against Sharif family, is getting threats, ARY News reported on Wednesday. According to ARY News Lahore Bureau Chief…

SSP issued legal notice for saluting Maryam Nawaz

ISLAMABAD: SP Special Branch Arsala Saleem, who saluted Maryam Nawaz outside the Federal Judicial Academy on Wednesday, faced the wrath of cyber vigilantes on the social media moments after the footage showing her giving ‘warm salutation’…