Panama Papers: List of Pakistanis Involved in Tax Evasion

A massive collection of leaked documentshas revealed faces behind offshore shell companies operating in secrecy to avoid taxes and launder money. Big names from around the world have been included in the disclosed documents. Majority of the involved people includes politicians, businessmen, bankers, judges and media personnel.

The leaked documents dubbed as the Panama Papers have named over 200 people from Pakistan involved in stashing their money abroad via off-shore companies. This list is still expanding and more Pakistanis will be added in the coming weeks. Data under examination starts from 1977, however, all of the Pakistanis start appearing in the documents after 1990.

The biggest leak in the history of journalism has shown the two-faced approach of our leaders and politicians towards taxation and money laundering. Here is a list of Pakistanis who have indulged in the practice of tax evasion according to the Panama papers:

Politicians:

Prime Minister Nawaz Sharif’s family (9 companies)Hassan NawazHussain NawazMaryam NawazPunjab Chief Minister Shahbaz Sharif’s relatives (7 companies)Samina DurraniIlyas MehrajFormer PM Benazir Bhutto (1 company)Nephew Hassan Ali JafferyJaved Pasha, Close friend of Asif Ali Zardari (4 companies)PPP Senator Rehman Malik (1 company)PPP Senator Osman Saifullah’s family (34 companies)Anwar SaifullahSalim SaifullahHumayun SaifullahIqbal SaifullahJaved SaifullahJehangir SaifullahRelatives of Chaudharys of GujratWaseem GulzarZain Sukhera (co-accused with former Prime Minister Yusuf Raza Gilani’s son in the Hajj scandal)

Businessmen:

Real Estate Czar Malik Riaz Hussain’s son (Bahria Town)Ahmad Ali Riaz (1 company)Chairman ABM Group of Companies Azam Sultan (5 companies)Pizza Hut owner Aqeel Hussain and family (1 company)Brother Tanwir HassanChairman Soorty Enterprise Abdul Rashid Soorty and familySultan Ali Allana, Chairman of Habib Bank Limited (1 company)Khawaja Iqbal Hassan, former NIB bank President (1 company)Bashir Ahmed and Javed Shakoor of Buxly Paints (1 company)Mehmood Ahmed of Berger Paints (1 company)Hotel tycoon Sadruddin Hashwani and family (3 companies)Murtaza HaswaniOwner of Hilton Pharma, Shehbaz Yasin Malik and family (1 company)Hussain Dawood family (2 companies)Shahzada DawoodAbdul Samad DawoodPartner Saad RajaAbdullah family of Sapphire Textiles (5 companies)Yousuf Abdullah and his wifeMuhammad Abdullah and his wifeShahid Abdullah and his familyNadeem Abdullah and familyAmer Abdullah and familyGul Muhammad Tabba of Lucky TextilesShahid Nazir, CEO of Masood Textile Mills (1 company)Partner Naziya NazirZulfiqar Ali Lakhani, from Lakson Group and owner of Colgate-Palmolive, Tetley Clover and Clover Pakistan (1 company)Zulfiqar Paracha and family of Universal Corporation (1 company)

Judges:

Serving Lahore High Court Judge Justice Farrukh IrfanRetired Judge Malik Qayyum

Media:

Mir Shakil-ur-Rehman of GEO and Jang Group (1 company)

The National Accountability Bureau (NAB) is considering initiating an inquiry into the Pakistanis involved in the Panama Paper leaks. Top NAB officials are discussing the matter and a full scale investigation may be on the cards.