Pakistan: Panama Papers case verdict today
A five-member bench, which heard the case, will announce the verdict.
"It comprises Justice Asif Saeed Khosa, Justice Ejaz Afzal Khan, Justice Gulzar Ahmed, Justice Sh. Azmat Saeed, Justice Ijaz ul Ahsan," Geo News reported.
The ruling was finalised by a three-member implementation bench on July 21.
The issue of Panama Leaks came to light on April 4, 2016, as part of a massive leak of secret files from a Panamanian law firm that specialises in setting up offshore companies. A trove of 11.5 million digital records from the Panamanian law firm Mossack Fonseca last year revealed how world’s wealthy used offshore companies to stash assets.
According to the Panama Papers, three of Pakistan PM Nawaz Sharif’s four children – Maryam, Hasan and Hussain – were owners of offshore companies and “were owners or had the right to authorise transactions for several companies.” but the Sharif family has dismissed the allegations of money laundering and denied any wrongdoing.
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