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Pakistan Punjab

PM to address nation tonight on Panama leaks

ISLAMABAD: Prime Minister Nawaz Sharif is likely to address the nation tonight in the wake of Panama leaks which has put spotlight on offshore holdings of the ruling family.

According to sources, Prime Minister Sharif will take the nation into confidence about the leaks in a televised address at 8pm.

In a press statement yesterday, Sharif family’s spokesman denied any wrongdoings and maintained that there was nothing legal in offshore assets.

The revelations emerged from the leak of 11.5 million confidential documents from Mossack Fonseca, which specialises in creating offshore shell companies.

The leak has shown a spotlight on tax havens, including the British Virgin Islands (BVI), a tiny British overseas territory in the Caribbean.

As per the leaks, many national leaders maintain offshore assets.

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