Panama leaks probe: Joint opposition agrees on TORs of judicial commission

03 May, 2016 9:04 pm

ISLAMABAD (92 NEWS) – Opposition parties on Tuesday formulated fifteen Terms of References (TORs) in regards to the investigation commission that probes into the Panama Leaks. The opposition parties have demanded that investigation of the matter be initiated from the Prime Minister Nawaz Sharif and his family. However, opposition parties were still divided on whether they should ask the prime minister to step down until the judicial inquiry is concluded.

According to details, The 9-member committee of the opposition met at the residence of Pakistan Peoples Party (PPP) leader Aitzaz Ahsan in Islamabad. Consensus was made in regards to 15 TORs placed forward by the opposition parties and it was demanded that investigation also be done regarding the foreign assets of the PM and his family. It was also demanded that the investigation commission, led by the Chief Justice (CJ) of the Supreme Court, should submit its report within three months. The opposition demanded that inquiry regarding the other individuals named in the Panama Leaks be completed within one year and that the services of international audit experts be sought in regards to the investigation.

Opp meeting2

“The Commission may appoint a committee of experts…in international forensic audit to carry out an exhaustive investigation and audit into the offshore companies and their accounts owned by the Respondent and his family including all transactions, sales and purchases of all assets, moveable and immoveable, including stocks, shares, debentures and equitable or benami interests, opening and operation of all bank accounts, including offshore bank accounts and incorporation of all companies including offshore companies whether directly or behind corporate veil(s) wherever in the world they may be,” read a copy of the terms of reference, a copy of which is available with 92 News.

The commission will also be tasked to verify the money trail and how funds were provided for such offshore companies.

Sources indicate that Awami National Party (ANP) and Qaumi Watan Party (QWP) are against the demand for PM Nawaz Sharif’s resignation, the latter politicial party is of the view that the PM should resign if allegations leveled against him are proven.


Opp meeting

Pakistan Tehreek-e-Insaf (PTI) and PPP did utmost effort to convince the other parties of the opposition over the demand of the PM’s resignation during the meeting held on Monday but were unable to do so. Today’s meeting was attended by Aitzaz Ahsan, Hamid Khan, Farooq Sattar, Asadullah Bhutto, Mushahid Hussain, Sheikh Rasheed Ahmed, Israrullah Zehri and Aneesa Zaib Khaili.

 




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