ISLAMABAD: The probe into the Panama Papers revelations is yet to be started after six months of its revelation, a new scandal of Bahamas Leaks has rattled the country.
According to the new leaks, more than 150 Pakistanis have their offshore companies in the Bahamas, a constellation of over 700 islands.
The German newspaper Suddeutsche Zeitung obtained the Bahamas data from a whistleblower and shared it with the International Consortium of Investigative Journalists (ICIJ) and its media partners.
Out of 175,000 companies incorporated in Bahamas between 1959 and 2016, around 150 Pakistanis have been identified as directors of nearly 70 companies. Earlier, 400 Pakistanis owning offshore companies in different tax havens were found from Panama Papers.
Some of Pakistanis who allegedly have offshore companies in the Bahamas, include Obaid Altaf Khanani, son of money changer Altaf Khanani; Prof Khurshid Ahmed, a former senator of Jamaat-e-Islami; Ahmed Ratab Popel, an influential Afghan businessman and cousin of former Afghan president Hamid Karzai with a Pakistani address; Samina Durrani, the mother-in-law of Punjab chief minister; Naseer Khan, former health minister during the Prevez Musharraf regime.
