Pakistan forms body to probe offshore firms

ISLAMABAD: Pakistani Prime Minister Nawaz Sharif announced Tuesday the formation of a commission to investigate allegations made in the so-called Panama Papers that linked his family to a series of offshore companies.

“I have decided to set up a high level judicial commission headed by a retired judge of the Supreme Court. This commission will decide after its investigation that what is reality and how much weight these allegations should be given,” Sharif said in a TV address broadcast nationwide.