LHC seeks ‘Panama Papers’ record with petitions against PM

The LHC is hearing at least four identical petitions against prime minister for stashing wealth abroad following his name was revealed in the Panama Paper among other world leaders.

The court has adjourned the hearing for April 14 after seeking record of the leaks.

The petitions claimed that the secret papers of offshore accounts had proved money laundering by the prime minister and his family. It urged the court to declare the PM ineligible to hold his office.

The plea also requested the court to file money laundering case against Sharif family. It also said that former interior minister Rehman Malik should also be declared ineligible.

Sharif announced last week the formation of a commission to investigate allegations made in the Panama Papers that linked his family to a series of offshore companies.

The leaked papers, comprising 11.5 million documents from Panama-based law firm Mossack Fonseca, exposes how some of the world’s most powerful people have secreted their money offshore, and also implicated Sharif’s sons Hasan Nawaz and Hussain Nawaz.