Massive Leak By Pandora Papers With Over 700 Pakistani Names In It.

You all might remember about the leak pandora papers which contains the name of all the politicians, celebrities and businessmen and the financial assets they have.

Those financial assets aren’t the legally owned ones, in simple words “owning offshore companies without legality”.

A few years back there were ‘Panama Papers’ got leaked that shocked the world and especially Pakistani ones with the endless assets owned by former Prime Minister Nawaz Sharif and his other family members.

After that, it cost him his PM seat and he got abandoned because of Panama Papers leak documents.

After long years, another leak came on board with more serious and sensitive papers to expose more illegal assets owned by people all over the world. And that is “Pandora Papers”.

Pandora Papers
Source: Express Tribune

Today Pandora Papers leak with infinite names which shocked the world and exposed them entirely. Pandora Papers is a whole new thing and more lethal compared to the Panama Papers.

They have extracted every elite person’s financial asset from bottom to top. Plus, they had already promised Pandora Papers leak will be more sensitive related to Panama papers.

What Is Pandora Papers?

Pandora Papers
Source: ICIJ

So, before heading to the leaked assets and names of the people it’s better to know a little bit about the Pandora Papers.

Pandora Papers is the world’s largest journalistic collaboration, which includes more than 600 journalists from different outlets established in 117 countries.

Pandora papers document
Source: The Guardian

The investigation holds confidential records of 14 offshore service providers who entertain high-profile politicians, businessmen who want to own incorporate shell companies, trusts, foundations, and other entities in low- or no-tax jurisdictions.

In this whole purchase, the identity of the owner stays low profile or say not revealed even to the regulators too.

Pandora Papers
Source: BBC

Around 2.94 terabytes of data leaked to ‘International Consortium of Investigative Journalists (ICIJ) and shared with media partners around the world, arrived in various formats: as documents, images, emails, spreadsheets, and more.

They have covered a massive range of contexts which includes, the creation of shell companies, foundations, and trusts; the use of such entities to purchase real estate, yachts, jets, and life insurance. Their use to make investments and to move money between bank accounts.

Estate planning and other inheritance issues; and the avoidance of taxes through complex financial schemes. Even some financial assets are entitled as crimes that come in Money Laundry.

What are pandora papers
Source: Washington Post

Pandora Papers majorly contains high-profile politicians and their offshore companies. 300 politicians from different countries and territories.

And Pandora Papers revealed how Banks and law firms are working closely with the offshore service provides to design more complicated structures.

Pandora Papers leak
Source: El PAiS

The data came in was largely unstructured with over 11.9 million records, with over 6.4 million text documents which include 4 million PDFs.

The documents include passports, bank statements, tax declarations, company incorporation records, real estate contracts, and due diligence questionnaires.

700 Pakistani Names In Pandora Papers

It’s shocking and eye-opening for all the Pakistanis out there. In the Pandora Papers among international politicians nearly seven hundred Pakistani names leaked in Pandora Papers.

Pandora Papers
Source: English Manqoolat Magazine

Pakistani retired military officials, politicians, and businessmen are in the Pandora Papers. List of the names mentioned below:

  • Shaukat Fayaz Ahmed Tarin, federal minister finance
  • Moonis Elahi, federal minister water resources
  • Sharjeel Memon of PPP
  • Punjab’s senior minister Abdul Aleem Khan
  • Abdullah Masood, son of a former adviser to PM for finance and revenue Waqar Masood Khan
  • Ali Dar son of Ishaq Dar’s son
  • Senator Faisal Vawda
  • Omer Bakhtyar, the brother of Federal Minister Khusro Bakhtyar
  • Adnan Afridi, MD National Investment Trust
  • Ali Jahangir Siddiqui
  • Asif Hafeez, merchant
  • Bashir Dawood, trader
  • Munir Shaikh, Din Group
  • M. Wasim of Ibrahim Fibres
  • Khalid Adamjee
  • Family of Khusro Bakhtiar,
  • Mohammad Ali Tabba
  • Naveed Maghis Sheikh, sugar mill owner
  • Shahnaz Sajjad Ahmad, daughter of a retired lieutenant general
  • Shoaib Sheikh, Axact CEO
  • Tariq Saeed Saigol
  • Tariq Shafi, a leading businessman

Military Men & Their Families

  • Pervez Musharraf’s former military secretary Lt Gen (retd) Shafatullah Shah. He bought a London apartment.
  • ISI former DG for counter-terrorism Major Gen Nusrat Naeem
  • NLC former DG Lt Gen Afzal Muzaffar’s son Hasan Muzaffar has a company.
  • Lt Col (R) Raja Nadir Pervez
  • Ahad Khattak, son of the former Air Chief Marshal Abbas Khattak
  • Umar Khattak, son of the former Air Chief Marshal Abbas Khattak
  • Ahsan Latif, son-in-law of retired Gen Khalid Maqbool
  • Zahra Tanvir, wife of Lt Gen (R) Tanvir Tahir

PM Imran Khan’s Reaction

As the Pandora Papers leaked and Pakistani names revealed Prime Minister Imran Khan shared his views on it.

PM Imran Khan announced that “every name in the Pandra Paper from Pakistan will be investigated.”

He even said, “My government will investigate all our citizens mentioned in the Pandora Papers and if any wrongdoing is established, we will take appropriate action. I call on the international community to treat this grave injustice as similar to the climate change crisis.”

International Leaders and Politicians

Apart from Pakistani names, many of the international names too made it to the Pandora Papers. Pandora Papers includes presidents of Ukraine, Kenya, and Ecuador, and former British prime minister, Tony Blair.

Source: PRO IQRA

Similarly, celebrities have also made it to the list including former Indian little master Sachin Tendulkar and Columbian singer Shakira.

No doubt Pandora Papers have stunned the world with their massive leak and famous names that no one even expected at all.