More than 700 Pakistani offshore companies appeared in Pandora Papers
More than 700 Pakistani offshore companies appeared in Pandora Papers.
The Pandora Papers featured the offshore company of Finance Minister Shaukat Tareen and the offshore companies of Federal Minister Monis Elahi and Senator Faisal Wawda.
The investigation revealed the offshore company of former Punjab minister Abdul Aleem Khan, while the offshore company of PML-N leader Ishaq Dar's son is also included in the Pandora Papers.
Pandora Papers also includes PPP's Sharjeel Memon's offshore company. Apart from this, the offshore company of the family of Federal Minister for Industry Khusro Bakhtiar has also appeared in Pandora Papers.
Former Special Assistant to the Prime Minister Waqar Masood's son's offshore company also came out, while Shoaib Sheikh's offshore company is also included in the Pandora Papers.
The Pandora Papers also featured off-shore companies of some retired military officers, some bankers, businessmen and some media owners.
If an offshore company has been declared in accordance with the law and that company is not used for any illegal work, then forming an offshore company is not an illegal act in itself.