Pakistan

ISLAMABAD (Staff Report) – Prime Minister Nawaz Sharif’s daughter Maryam Nawaz has categorically denied that she owns any company or property abroad.

“My brother has made me a trustee in one of his corporations which only entitles me to distribute assets to my brother Hussain’s family/childern if needed,” Maryam Tweeted.

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The rejection comes after Panama Papers, a global investigation into the sprawling, secretive industry of offshore that the world’s richest and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions has jolted the whole world.

Read More: Panama Papers: Massive leak alleges PM Nawaz, sons and daughter among world leaders who use tax havens to hide their wealth

Among those named are three of Sharif’s four children — Maryam, who has been tipped to be his political successor; Hasan and Hussain, with the records showing they owned London real estate through offshore companies administrated by the firm.

Also Read: Panama Papers: Hussain Nawaz accepts offshore companies ownership, says businesses not illegal

The details were made public by International Consortium of Investigative Journalists (ICIJ) and German newspaper Süddeutsche Zeitung.