ISLAMABAD, April 5: Prime Minister Nawaz Sharif in an address to the nation Tuesday evening said a high-level judicial commission will be formed to thoroughly probe his family for wrongdoing, after the ‘Panama Papers’ leak revealed his sons and daughter owned offshore companies.
The judicial commission will be led by a retired Supreme Court judge,
said the premier.
The prime minister stated that certain individuals are indulged in point scoring and are digging issues from decades ago.
Nawaz, while explaining the start of his family business said, “My father started working in Lahore 25 years before the creating of Pakistan, and by the time independence was achieved, Ittefaq foundries had already achieved success.”
He added that another industrial plant was also established in Dhaka, but was lost with the fall of East Pakistan in 1971.
“On Jan 2, 1972, Bhutto took over the foundry in Lahore, and hence our assets were lost in mere moments.”
“My family was not involved in politics till much later, as such, even before I got into politics, we were an established industrial family.”
Explaining further, the prime minister stated that his father established another industrial plant in Makkah, following the military coup in 1999. The plant was “later sold, and my sons invested the funds into their businesses.”-Agencies
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