Panama Papers: PM orders judicial probe into charges against family

Panama Papers: PM orders judicial probe into charges against family

ISLAMABAD: Prime Minister Nawaz Sharif ordered on Tuesday a judicial investigation into the Panama Papers allegations of the Sharif family’s ownership of offshore companies and assets.

In a rare televised address to the nation, the premier said a judicial commission (JC) headed by a former judge would investigate his family for any wrongdoing.

A massive leak of 11.5 million tax documents of a Panamanian law firm has exposed the secret offshore dealings of world leaders and celebrities.

Among those named are three of PM Nawaz’s four children with records showing they own real estate in London through offshore companies administered by Mossack Fonseca. None of the businesses mentioned are owned or run by the premier himself.

The PM’s address and the decision to form a JC came after a series of consultative meetings with his family members and party leaders.

The prime minister said he was compelled to respond to the “politically-motivated allegations” against the Sharif family. “I want the nation to decide for itself the reality behind these allegations, which have been levelled for the last 25 years,” he said.

He said the commission would weigh all the allegations and give its verdict after due investigation. He also asked the people levelling allegations against his family to go before the panel and record their statements.

News Courtesy: The Express Tribune

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