PANAMA CITY: The disqualification on Friday of Pakistan´s Prime Minister Nawaz Sharif from public office over long-running corruption allegations is the latest twist in the so-called Panama Papers scandal:
What are the Panama Papers?
A trove of 11.5 million digital records from the Panamanian law firm Mossack Fonseca that revealed how many of the world´s wealthy used offshore companies to stash assets.
Perpetrators range from simple businessmen to a head of state, via banks and sports stars.
The data were leaked to a German newspaper, Sueddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists (ICIJ), and reports appeared in major media from April 3, 2016.
Among those cited are former British Prime Minister David Cameron, Argentina´s football star Lionel Messi, Argentina´s President Mauricio Macri, Spanish film director Pedro Almodovar and Hong Kong´s film star Jackie Chan — but also more than 140 politicians and public officials.
What was the impact?
In the immediate aftermath,