Tuesday, December 11, 2018
BREAKING NEWS

Panama Papers: Announced the formation of parliamentary committee

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ISLAMABAD:(APS)May 16, 2016-Prime Minister Nawaz Sharif has proposed setting up of a joint parliamentary committee to prepare consensus and comprehensive TORs to probe allegations of Panama Papers.

Giving a policy statement on the issue in the National Assembly on Monday evening, he asked the Speaker to form a committee in consultation with leader of the Opposition and other parliamentary leaders.

The Prime Minister who presented his tax record before the House and gave details about family assets abroad and sources of their financing, said more evidence can be presented to the Committee.

He categorically stated that no money from Pakistan was transferred abroad for London Flats and Jeddah Steel Mill. He said he has with him all documents relating to transactions of Dubai and Jeddah factories. He said London flats were purchased from the proceeds of Jeddah factory.

The Prime Minister asked the Parliament to consider a comprehensive and effective system of accountability as per spirit of Charter of Democracy.

He said the story of those who indulged in corruption, misuse of power, tax evasion, kickbacks, illegal transfer of money abroad and got their loans written off should also come before the people of Pakistan.

The Prime Minister said they want investigation of the issue without any delay as the country must not be kept hostage again by any crisis.

He said the government wants to focus on progress and development and interests of the nation. He said they do not want to make it an issue of personal ego.

 After speech of the Prime Minister, the Speaker gave floor to Leader of the Opposition Syed Khurshid Shah but he did not avail the opportunity, saying the opposition has not got answers to its questions.

Similarly, PTI leader Imran Khan too did not speak despite given a chance by the Speaker.

The opposition then staged a walk out from the Assembly.

Finance Minister Ishaq Dar said the Prime Minister has proposed a committee, which would be the appropriate forum to go into details.

He asked the Speaker to form the committee immediately in consultation with opposition leaders.

The National Assembly was assured that Pakistan would continue to extend unflinching political, moral and diplomatic support to just cause of Kashmiri people for achievement their right to self-determination as pledged to them by UN Security Council resolutions.

Advisor on Foreign Affairs Sartaj Aziz told the House during question hour that Pakistan’s principle position on the settlement of the dispute is consistent with Security Council resolutions.

These resolutions provide for final disposition of the issue in accordance with the will of the Kashmiri people, to join India or Pakistan, to be determined through a free and impartial plebiscite under the UN auspices.

He said Prime Minister Nawaz Sharif made a strong case at the UN General Assembly session highlighting the Kashmir dispute and atrocious Human Rights violations in Occupied Kashmir.

About Palestinian issue, he said Pakistan has consistently extended unequivocal support to the Palestinian cause and  always opposed Jewish settlement on Palestinian land.

 Sartaj Aziz said Pakistan has been taking a serious view of the plight of Rohingya Muslims in Myanmar and raising the issue bilaterally with Myanmar besides at the level of OIC.

Minister for Commerce Khurram Dastgir informed the House that 20 billion rupees would be spent on development of export sector over the next three years.

He said the government is negotiating trade agreements with Thailand and Turkey.

The House will now meet tomorrow morning at 10.30.

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