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Pakistan PM Nawaz Sharif faces probe in Panama papers leak case

Pakistan`s prime minister Nawaz Sharif appeared before an anti-corruption investigation commission Thursday, in an ongoing case that has gripped Pakistan and threatened to topple him after the Panama Papers leak last year.

Pakistan PM Nawaz Sharif faces probe in Panama papers leak case Representational image

Islamabad Capital Territory: Pakistan`s prime minister Nawaz Sharif appeared before an anti-corruption investigation commission Thursday, in an ongoing case that has gripped Pakistan and threatened to topple him after the Panama Papers leak last year.

The controversy erupted with the publication of 11.5 million secret documents from Panamanian law firm Mossack Fonseca documenting the offshore dealings of many of the world`s rich and powerful.

Three of Sharif`s four children -- his daughter and presumptive political heir Maryam, and his sons Hasan and Hussein -- were implicated.

In April Pakistan`s Supreme Court said there was insufficient evidence to oust Sharif from power, but ordered the formation of a Joint Investigation Team (JIT) to probe the claims.

The JIT summoned Sharif last week to "appear and associate with the JIT and also bring all relevant record".

The prime minister arrived Thursday with his younger brother Shahbaz Sharif, chief minister of Pakistan`s Punjab province, and other colleagues at the investigation team`s headquarters in Islamabad, waving to TV cameras before entering the building.

He appeared confident after around three hours questioning and vowed he would be cleared.

"I have accounted for every single penny. All details of my assets are already with all institutions including Supreme Court, despite that I have submitted to the JIT," he said, reading a prepared statement to reporters.

"People should know, this investigation has no relation to corruption or embezzlement from the national exchequer, this is a matter of a family`s private and personal business."

Bribery and other forms of graft are endemic in Pakistan, with the country coming in 116th place out of 176 countries ranked according to corruption by Transparency International in 2017.

The JIT comprises anti-corruption officials, along with members of the powerful Inter-Services Intelligence (ISI) agency and Military Intelligence.

Pakistani cricketer-turned-politician Imran Khan, whose Pakistan Tehreek-i-Insaf party has spearheaded the push against Sharif, has called on the prime minister to stand down until the investigation is completed.

At the heart of the case is the legitimacy of the funds used by the Sharif family to purchase several high-end London properties via offshore companies.

Sharif`s ruling PML-N party insists the wealth was acquired legally, through family businesses in Pakistan and the Gulf.