The publication of PANAMA PAPERS by ICIJ: International Consortium of Investigative Journalists on May 9, 2016 took the world by surprise and opened a new Pandroa’s box worldwide. These papers contained the information on some of the Mossack Fonseca (a Panamanian law firm and corporate service provider) shell corporations which were allegedly used for illegal purposes including fraud, tax evasion, and evading international sanctions.
Although, this investigative scoop was totally global in nature, but its under-currents were severely felt at Islamabad: The Prime Minister of Pakistan , Mian Nawaz Sharif lost his job in the aftermath of this story.
Surprisingly, this corruption scandal has opened a new debate on accountability in Pakistan which previously was merely used as a tool of repression and intimidation by the ruling party against the opposition parties. But this time the trend is changed; the ruling party
... read more at: http://nation.com.pk/26-Nov-2017/panama-papers-pakistan