PM Imran Khan takes important decision over Panama Papers names in Pakistan

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PM Imran Khan takes important decision over Panama Papers names in Pakistan

ISLAMABAD: Prime Minister Imran Khan has taken important decision over the Panama Papers case.

PM Khan on Friday ordered to track down those named in the 2016 Panama Papers.

According to sources in the prime minister secretariat, more than 250 people named in the Panama Papers have availed the tax amnesty and most of the companies named in the leak have shifted to China.

Sources further said, 175 people named in the leak could not be located while information regarding 78 was incomplete for which help from agencies has been sought.

A trove of 11.5 million digital records from the Panamanian law firm Mossack Fonseca revealed how many of the world's wealthy used offshore companies to stash assets.

The data were leaked to a German newspaper, Sueddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists and reports appeared in major media from April 3, 2016.