NAB should probe Sharif family over ‘Panama Papers’ leak, says Imran

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In his first reaction to the leaked Panama Papers President Barack Obama has said that global tax avoidance may be running into trillions of dollars worldwide. The scandal involves the leak of more than 11 million documents from a law firm in Panama that indicated some big names had secured the firm’s services to set up these offshore accounts.”Those apartments are ours and those offshore companies are also ours”, he said in comments aired by the channel Monday. None of the companies mentioned are owned or run by the prime minister, it said. L’Espresso said documents showed a series of contracts set up in 2007 indicated Montezemolo as the head of a Panama-based company named Lenville.Panama is one of a number of popular tax havens in the Caribbean. The German newspaper Sueddeutsche Zeitung said it received the huge cache of documents and shared them with the other media outlets. The leak has triggered investigations in multiple countries.”Probes have already been initiated in several countries – including Australia, New Zealand, Sweden and France – across the globe after their leaders and office bearers were implicated”, said Imran.His family denied any wrongdoing. Huawei P9 and P9 Plus
There is no visible camera bump on the rear and the camera is capable of Hybrid Focus for altering the image in post-processing. One of those sensors is a traditional Bayer-color-array module, while the other captures only luminance (or tonal) data. “All of the corporations owned by the Sharif family (by Mr. Hussain and Mr. Hassan Nawaz) are legal and financially sound”.Hussain Nawaz Sharif, the prime minister s eldest son, said he owned the offshore companies named in the leaks but that he and his family members had broken no laws.To that end, offshore companies can be also be used for more nefarious purposes, such as to do business with blacklisted firms or individuals.”Panama leaks and ICIJ have made no allegations of wrongdoing against the Sharif family”.The papers have caused public outrage over how world’s rich and powerful are able to stash their cash and avoid taxes while many people suffer austerity and hardship. Opposition Pakistan Tehreek-i-Insaf (PTI) party leader Imran Khan called for the country’s anti-corruption body and tax authorities to investigate the matter.The PM gave detailed background of the business of the Sharif family and said foundations of this business were laid many years before establishment of Pakistan. Heavy rain to scattered showers
Snow or not, highs should only reach about 43 degrees, and morning commuters can expect temperatures closer to 29 degrees. THURSDAY NIGHT: Cloudy skies and chilly temperatures will be around with a low of 34 degrees. Prime Minister says Judicial Commission would be headed by a retired judge of Supreme Court of Pakistan.Prime Minister Muhammad Nawaz Sharif Wednesday chaired a meeting of the National Security Committee (NSC) of the Cabinet that expressed satisfaction over the counter terrorism steps taken by the security institutions.But major opposition parties of the country outrightly rejected the commission, demanding PM’s resignation.The Prime Minister’s approach is the antithesis of how the rest of the world is dealing with the matter. “Mine action is critical for an effective humanitarian response in conflict and post-conflict situations”, the United Nations chief said in his message on the International Day for Mine Awareness and Assistance in Mine Action.Include the names of “at least 33 people and companies blacklisted by the U.S. government” for their alleged links to Mexican drug lords and terror organizations. PAC: Several weaknesses in 1MDB’s practices
However, the audit report itself remains classified. “For example, several times, the management did not follow decisions and orders by the board of directors, or they took action before receiving approval specifically from the board of directors”.