Panama, Paradise Leaks: Only Pakistan incisively probed Nawaz
KARACHI: The world showed little interest in Panama Papers and Paradise Papers practically and investigations could not go beyond announcements in most cases. Probes remained limited across the world, from resignation of Iceland prime minister to investigations against Shakira in Spain.
Sigmundur Daví, the premier of Iceland, who had resigned after his name appeared in the Panama Papers, reached the parliament again after being elected by the people. It very clearly showed how much seriously people in the world took the Panama Papers scandal. The European Union conducted bold investigations and blacklisted 17 countries or territories terming them tax havens.
However, it had to review its decision only within one-and-a-half months and it excluded eight countries including Panama from the list.