Pakistan’s Supreme Court disqualified Prime Minister Nawaz Sharif, who was named in the Panama Papers investigation, after most awaited Panama Papers verdict came against PM Sharif. The court disqualified Nawaz Sharif from his seat as Prime Minister on charges of not staying loyal to the country. Nawaz Sharif was allegedly indulged in money laundering to purchase assets in London in the 1990s. The 2016 Panama Papers leak revealed that the assets were being managed through offshore companies owned by Sharif’s three children namely Mariam, Hasan and Hussain.
What is The Panama Papers case?
Panama Papers case (officially titled Imran Khan v. Mian Muhammad Nawaz Sharif) or the Panamagate case is a case before the Supreme Court of Pakistan, heard between 1 November 2016 and 23 February 2017. The case was brought to court by Pakistan Tehreek-e-Insaf leader Imran Khan alleging money laundering, corruption, and contradictory statements by Nawaz Sharif after the Panama Papers leak presented links between Sharif’s family and eight offshore companies.