Offshore companies, foreign properties may be legal but unethical: Tehmina Durrani

ISLAMABAD (Web Desk) – Tehmina Durrani, wife of Punjab Chief Minister (CM) Shehbaz Sharif, has said that even if offshore companies, foreign properties and accounts might be legal but she considered this act unethical.

Durrani, also a social activist, expressed her views in tweets on social media website twitter.

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Durrani went a step further and advised the Sharif family that the only way PM’s family could distant themselves from the allegations was to bring back the money saved in offshore accounts and foreign countries to Pakistan.

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She added that the family should opt for a simpler way of life by returning the wealth to the nation and keep Quaid-e-Azam as an example.

The Panama Papers have generated a worldwide controversy over the financial activities of the global elite. Several countries, including India, have launched tax evasion probes after a massive leak of confidential documents lifted the lid on the murky offshore financial dealings of a slew of politicians and celebrities.

Reportedly, the leaked documents identify at least 200 Pakistanis, including the family of Prime Minister Nawaz Sharif, the late Benazir Bhutto, Rehman Malik and other prominent politicians and businessmen.

Documents released by the International Consortium of Investigative Journalists (ICIJ) reveal that Mariam Safdar, Hasan Nawaz and Hussain Nawaz “were owners or had the right to authorise transactions for several companies”.

Mariam Safdar is named as the beneficial owner of off-shore firms Nescoll Limited and Nielsen Enterprises Limited, incorporated in the British Virgin Islands in 1993 and 1994, respectively.

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