When the story about Panama Leaks became a major headline news across the world in 2016, all hell broke loose in Pakistan too. More than 400 Pakistani nationals were identified as owning properties in offshore havens even though the value of those properties/funds may only constitute a minuscule proportion of the estimated $16 trillion—a staggering figure even though considered to be a conservative estimate by many pundits and bankers—held in offshore jurisdictions.
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