July 2017

Islamabad: Cricketer-turned-politician and Pakistan Tehreek-e-Insaf chief Imran Khan has said that he will resign if any statement in his money trail is found to be false. File image of Imran Khan. Getty Images Observing ‘Thanksgiving Day’ to celebrate “Pakistan’s victory against corruption” after the Supreme Court on Friday disqualified Nawaz Sharif as the prime minister, […]

Updated 3.25pm (Adds PL statement) Judge Antonio Mizzi should be recused from an appeals case concerning Panama Papers-related claims, the Nationalist Party has said. Mr Justice Mizzi, who is married to Labour MEP Marlene Mizzi, is set to hear appeals against a court decision to investigate whether top government officials broke money laundering laws. PN leader […]

ISLAMABAD: The Sharif family will face four cases for allegedly possessing offshore assets following the Supreme Court’s direction that corruption cases be filed against Nawaz Sharif and his children over the Panama Papers scandal, the National Accountability Bureau announced today. The Supreme Court had ordered the National Accountability Bureau (NAB) to start a corruption case […]

Overview The U.K. Criminal Finances Act 2017 introduces new criminal offences where a company fails to prevent its “associated persons” from facilitating tax evasion by a third party. “Associated Persons” defined broadly as any person or entity that provides services “for or on behalf of” the company, can include a company’s employees, agents, intermediaries, subsidiaries, […]

Thousands gathered in the Pakistani capital Islamabad on Sunday in support of opposition party leader Imran Khan before a meeting of parliament on Tuesday which will see a new Prime minister elected. The crowds joined Khan in celebrating the ousting of former leader Nawaz Sharif, who resigned on Friday following a decision from Pakistan’s Supreme […]

Islamabad: Former chairman of the Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi was on Saturday sent on a 14-day judicial remand by a court for allegedly altering official records presented for a probe in the Panama Papers case. Hijazi was arrested by Federal Investigation Agency (FIA) earlier in July after a report released by the […]

Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Help us delete comments that do not follow these guidelines by marking them offensive. Let’s work together to keep the conversation civil. … read more at: http://timesofindia.indiatimes.com/india/congress-questions-pms-silence-on-panama-papers/articleshow/59838913.cms

JAGDALPUR: Congress vice president Rahul Gandhi today demanded the resignation of Chhattisgarh Chief Minister Raman Singh over the Panama Papers issue, citing the case of Nawaz Sharif who quit as Pakistani prime minister. Gandhi alleged, “Sharif resigned after his and his family’s name figured in the Panama Papers scandal but Chief Minister Raman Singh’s family […]

Jul 30, 2017- The Supreme Court of Pakistan on Friday disqualified Prime Minister Nawaz Sharif from office over graft allegations. Sharif became the biggest casualty of the Panama Papers leaks. But in Nepal, investigation into people who were said to have run offshore companies according to the Panama Papers has been moving at a snail’s […]

Photo Prime Minister Nawaz Sharif at the Pakistan Day military parade in Islamabad in March. Credit Aamir Qureshi/Agence France-Presse — Getty Images The Pakistani Supreme Court’s decision to dismiss Prime Minister Nawaz Sharif was based on corruption accusations stemming from the Panama Papers, a trove of leaked documents from the Panamanian… read more at: https://www.nytimes.com/2017/07/28/world/asia/panama-papers-pakistan-nawaz-sharif.html

A Pakistani living in Malta is jubilant that his country’s top court has disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe, and he draws parallels between the situations in the two countries. Syed Wasif Ali Riez, a financial controller with a local company, is in the unique position of having witnessed […]