The document discusses the Panama Papers leak of 2016, which revealed over 11 million confidential documents from the Panamanian law firm Mossack Fonseca. The leak exposed how the rich and powerful used offshore companies to launder money, evade taxes, and hide wealth. Politicians and public officials from over 200 countries were implicated in the leak, including the Prime Ministers of Iceland and Pakistan. The leak sparked worldwide protests, investigations, and some high-profile political resignations.

3. Sidra Khalid
MS Scholar Department of Sociology
Arid Agriculture University Rawalpindi
Tutor
Allama Iqbal Open University,
H-8 Islamabad
Presented By

4. Introduction
Panama leaks
2.6 tb 11.5 million documents
214,000 offshore companies
Mossack fonseca
John Doe
German newspaper
Süddeutsche Zeitung
International Consortium of
Investigative Journalists (ICIJ)
illegal purposes

5. Background
A tax haven
To avoid taxes
Money laundering activities
Not cooperate with international tax
transparency initiatives

7. Offshore company
A Company which is established
outside the country is called
offshore company.

9. Shell Companies
A shells are
corporations that exist mainly
on paper, have no physical
presence, employ no one and
produce nothing. They are
frequently used to shield
identities and/or to hide money.

10. . A shell company can often be
identified by a number of red flag
indicators including:
• No phone number
• No e-mail address
• No physical address
• No company logo
• No contact person
• No federal identification number

11. Mossack Fonsecca
Mossack Fonseca is a
Panamanian law firm known
for helping clients set up
offshore accounts.
Their clients include criminals
and members of various
Mafia groups, in addition to
government officials.

12. Owner of the company

13. Personalities which reveals through Panama Papers
Politicians:
Prime Minister Nawaz Sharif’s family (9
companies)
Punjab Chief Minister Shahbaz Sharif’s
relatives (7 companies)
Former PM Benazir Bhutto (1 company)
Javed Pasha, Close friend of Asif Ali Zardari
(4 companies)
PPP Senator Rehman Malik (1 company)
PPP Senator Osman Saifullah’s family (34
companies)

14. Mehmood Ahmed of Berger Paints (1
company)
Hussain Dawood family (2 companies)
Abdullah family of Sapphire Textiles (5
companies)
Shahid Nazir, CEO of Masood Textile Mills
(1 company)
Clover Pakistan (1 company)
Zulfiqar Paracha and family of Universal
Corporation (1 company)
Personalities which reveals through Panama
Papers

15. Judges:
Serving Lahore High Court
Judge Justice Farrukh Irfan
Retired Judge Malik Qayyum
Media:
Mir Shakil-ur-Rehman of GEO
and Jang Group (1 company)
Personalities which reveals
through Panama Papers

16.  Argentina President
 Ukraine President
 king of Abu Dhabi
 Former Empire of Qatar
 former Sudan President
 England Prime minister
 Russia President
Personalities which reveals
through Panama Papers

17. Former prime ministers of
 Iraq
 Italy
 Jordon
 George
 Pakistan

18. Effect of Panama papers
internationally ?
Ice land Prime Minister Resigned
Ukraine prime Minister Resigned
Spain's Industry Minister resigned
Indian prime minister Order an inquire
England prime Minister under pressure

19. Panama Papers (international collaborative project)
have leaked the significant documents (approximately
11.5 million documents totaling 2.6 terabytes of data)
about Mossack Fonseca firm (an off shore law firm) in
Panama (A country in Central America) which has
helped investors around the world to evade tax,
launder money, among others.
summary

20. No conclusion can be drawn
on Panama Papers leak case
yet
conclusion