ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry on Saturday hoped that Pandora Papers, major international research on the financial secrets held by global elite, will ‘further strengthen’ Prime Minister Imran Khan’s stance against money laundering.
“If the Pandora Papers, like the Panama Papers, are going to shed light on how money is laundered from poor countries to tax havens then it would “further strengthen” PM Imran’s stance,” the information minister wrote on Twitter.
Fawad Chaudhry further said that the premier has urged the international community multiple times to discourage the practice of money laundering through which the wealth stolen from poor countries is parked in rich states.
“We expect that this research, like Panama [Papers], will open new avenues of transparency and become another reason to discourage corruption,” Chaudhry added.
پانامہ کی طرح پنڈورا لیکس میں غریب ممالک کا پیسہ بیرون ملک منتقل کرنے کی تفصیلات آتی ہیں تو اس سے وزیر اعظم عمران خان کے موقف کو مزید تقویت ملے گی ۔ ہمیں امید ہے کہ یہ تحقیقات بھی پانامہ تحقیقات کی طرح شفافیت کے نئے راستے کھولے گی اور کرپشن کی حوصلہ شکنی کا ایک اور موجب بنیں گی۔
— Ch Fawad Hussain (@fawadchaudhry) October 3, 2021
According to the ICIJ, the Pandora Papers is the consortium’s most expansive exposé of financial secrecy yet, even larger than its predecessor, the explosive Panama Papers, which had set off alarm bells across the world.
The ICIJ’s major investigation titled: “The Pandora Papers”, is said to be the result of 600 journalists in 117 countries studying for months roughly 11.9 million documents that leaked from the offshore environment.
The #PandoraPapers — coming tomorrow at 12:30 p.m. ET and 4:30 p.m. GMT — is our most expansive exposé of financial secrecy yet. It features a leaked dataset of more than 11.9M files covering every corner of the globe.
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— ICIJ (@ICIJorg) October 2, 2021
The exposé will be made public today at 4:30pm GMT, which means 9:30pm Pakistan Standard Time. The countdown has begun as the names of several Pakistanis are said to be on the Pandora Papers.
Reportedly, the Pandora Papers is a result of the new massive leak of financial files that exposes how the global elite transfers money to tax havens by secret companies. It is said that the investigation will show the tax evasion of hundreds of former and current world leaders, businessmen, celebrities, fugitives and judges.
