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Tax Take From Panama Papers Probes Exceeds $1.2 Billion: Report

Wednesday, April 3, 2019, 8:02 PM

Taxmen in 22 countries worldwide have raked in more than $1.2 billion in fines and back taxes thanks to the 2016 "Panama Papers" leak of information about offshore dealings, media reported Wednesday. Britain has recouped some $253 million, France $136 million and Australia $93 million, the International Consortium of Investigative Journalists (ICIJ) posted on its website.
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Nawaz Sharif shifted to Kot Lakhpat jail in Lahore

Tuesday, December 25, 2018, 9:37 PM

Pakistan's ousted PM Nawaz Sharif was shifted to the Kot Lakhpat jail in Lahore amid tight security, a day after an-anti-corruption court sentenced him to seven years in prison in a graft case linked to the high-profile Panama Papers scandal. The three-time former PM, who was taken into custody by police following the court judgement, was taken to Adiala Jail in Rawalpindi on Monday.
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Pakistan got a "big" aid deal from China: PM Imran Khan

Saturday, November 17, 2018, 9:02 AM

Pakistan has received a "big" package of aid from its all-weather ally, China, Prime Minister Imran Khan said Friday, but will not reveal the quantum of financial support as President Xi Jinping has asked him not to reveal it, a media report said. The Pakistan government is facing grave economic challenges as it struggles to avoid a financial crisis and keep the economy afloat.

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