Broadsheet revelations 'tip of the iceberg': PM Imran


Prime Minister Imran Khan on Wednesday said the recent revelations by international asset recovery firm, Broadsheet LLC, are the “tip of the iceberg” and urged the recovery firm for complete transparency regarding money laundering of the country’s elite.

He further asked the firm to also reveal who stopped the investigations.

The chief executive officer (CEO) of Broadsheet LLC, Kaveh Moussavi, has claimed that former prime minister Nawaz Sharif offered a bribe to the firm for abandoning a probe against his foreign assets and added that the deal was offered by a person claiming himself as the nephew of Sharif in the year 2012.

Not only is their nation’s wealth stolen by the elites, their taxpayer money, paid for recovering this wealth, is wasted bec of NROs. These revelations tip of the iceberg. We want complete transparency from Broadsheet on our elites money laundering & on who stopped investigations
— Imran Khan (@ImranKhanPTI) January 13, 2021

The premier said his struggle of the past 24 years – against the corruption of ruling elite – stands vindicated by the revelations.

“These elites come to power and plunder the country,” the prime minister said in a tweet.

What do these revelations expose repeatedly? 1. Exactly what I have been saying in my 24-yr fight against corruption which is the biggest threat to Pak’s progress. 2. These elites come to power & plunder the country.
— Imran Khan (@ImranKhanPTI) January 13, 2021

Imran reiterated that the Panama Papers leak – which eventually led to Nawaz being removed from power through an apex court decision – exposed the country’s ruling elite and their corruption earlier. “Now Broadsheet revelations have again exposed the massive scale of our ruling elites corruption and money laundering.”

He added that “these elite” can not hide behind the excuse of ‘victimisation’ regarding international revelations.

Panama Papers exposed our ruling elites corruption & money laundering earlier. Now Broadsheet revelations have again exposed the massive scale of our ruling elites corruption & money laundering. These elites cannot hide behind “victimisation” card on these int revelations.
— Imran Khan (@ImranKhanPTI) January 13, 2021

Elaborating on the practice of money laundering, the premier said money laundering is done and the ill-gotten wealth is then stashed abroad, safe from domestic prosecution and then use their political clout to get an NRO. “That is how they kept their plundered wealth safe. People of Pakistan are the biggest losers.”

Moussavi, in an interview to a web channel, said the Sharif family has assets not only in the United Kingdom (UK) but across the globe, he said, adding that the Sharif family required plenty of explanation about their resources of amassing these assets.

He also severely criticised Sharif for claiming that Broadsheet had exonerated the Sharifs.

The government on Tuesday also constituted an inter-ministerial committee to look into the matter. 

Federal Minister for Information and Broadcasting Shibli Faraz in his post-cabinet news briefing said that the cabinet meeting, chaired by Prime Minister Imran Khan, formed the committee to further dissect the matter by minutely probing the case and share the findings with the public soon.

Apart from looking into how the country’s wealth was looted, the government’s spokesperson said, the committee will also examine the claim that a cousin of the disgraced prime minister had approached the asset recovery firm, asking it to negotiate and remove Sharif family’s name from the matter.

The minister said that the issue started in 2000 but went into a cold storage after the PML-N and the PPP were given an NRO, adding 200 names were given to the firm of people who had “illegally” took the country’s wealth abroad.

He said that the decision to make the committee has come after Moussavi’s interview and the decision of a high court in England — imposing penalty on NAB.

Faraz said that the committee will make revelations about the Broadsheet matter within a few days so that the people who made a mockery of the national institutions; caused losses to the national exchequer and pushed the country into a litigation; which resulted in embarrassment for the whole country, should be exposed.