On Sunday, the International Consortium of Investigative Journalists (ICIJ) published Pandora Papers (Panama-2) in a similar fashion to the Panama Papers.
More than 700 Pakistanis are named in the Pandora Papers, an investigation of financial secrets kept by high-profile persons throughout the world.
The Pandora Papers include the names of Finance Minister Shaukat Tarin, Minister for Water Resources Moonis Elahi, Senator Faisal Vawda, Ishaq Dar’s son, PPP’s Sharjeel Memon, Minister for Industries and Production Khusro Bakhtiar’s brother, and PTI leader Abdul Aleem Khan, among others, who have alleged ties to offshore companies.
The CEO of Axact, Shoaib Sheikh, was also mentioned in the Pandora Papers.
More than 11.9 million documents comprising 2.94 terabytes of sensitive material were obtained by the International Consortium of Investigative Journalists (ICIJ) from service providers that helped set up and run offshore corporations and trusts in tax havens throughout the world.
Even the Panama Papers inquiry from 2016 paled in comparison to this worldwide probe. This research enlisted the help of 600 journalists and 150 media organisations from 117 countries.
According to the International Consortium of Investigative Journalists (ICIJ), the Pandora Papers project has financial information of prominent figures from 117 nations, including Pakistan. The Pandora Papers probe also includes two Pakistani journalists.
Pakistani names in the Pandora Papers:
Finance Minister Shaukat Tarin
PTI leader Abdul Aleem Khan
Federal minister Moonis Elahi
Senator Faisal Vawda
Son of PMLN’s Ishaq Dar
Sharjeel Inam Memon of PPP
Brother of Minister Industries Khusro Bakhtiar
Son of former SAPM Waqar Masood
Shoaib Shaikh of Axact
International leaders in the Pandora Papers:
Shah Abdullah of Jordan
Tony Blair, former prime minister of the UK
Qatar’s ruler
Leaders of Ukraine, Kenya, and the Czech Republic