Fallout in Pakistan from the Panama Papers
The aftereffects of the Panama Papers’s leak continue to linger in Pakistan, and their damage only seems to grow worse. Over the next several weeks, there is the possibility that the disclosures may usher in a major political crisis. Prime Minister Nawaz Sharif is being asked to account for the sources of income that have allowed his family members to buy expensive property in London. At issue is whether these individuals have used offshore companies to avoid paying taxes against their property.