• Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan
Thursday, January 21, 2021
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Health
  • Automotive
  • Technology
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Forum
    • Reviews
    • Phone Reviews
    • Crypto
    • Stock ROMs
    • What’s new?
    • Computer Stuff
    • INCPak Roms
  • Mobile Prices
  • Education
  • Entertainment
  • More
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Pakistan’s ex PM Shoukat Aziz in Paradise Leaks

by FIA
Nov 6, 2017
in National, World
Reading Time: 3min read
A A
0
Shaukat Aziz was Pakistan’s prime minister from 2004 to 2007, after serving a five-year stint as the country’s finance minister.

The International Consortium for Journalists (ICIJ) has released another list of documents, revealed more names of popular personalities across the globe having offshore accounts in which Pakistan Ex Prime Minister – Shaukat Aziz is listed.

Read more : After Imran Khan another Niazi Paradise Leaks

IN THE DATA

Aziz, who worked for Citibank before starting his career as a politician, was one of the shareholders and directors of Bahamas-registered Cititrust Limited from 1997 to 1999, along with other executives of the bank.

In 1999, the year he was appointed finance minister, Aziz created the Antarctic Trust, which was “constituted [in the United States] for the benefit of the Settlor’s family,” which includes his wife, three children and a granddaughter. The trust does not appear in the financial disclosure statements Aziz submitted from 2003 to 2006, while he was finance minister and prime minister.

Appleby’s Bermuda office was the trust’s protector, acting as an independent overseer. In a 2012 internal memo, the law firm’s compliance officer noted that Aziz had been accused by the opposition of false declaration of assets, corruption and misappropriation of funds. Three years later, in a database of high-risk clients, Appleby also noted that a Pakistani court had issued three arrest warrants against Aziz in relation to the killing of a local leader. In September 2015, Antarctic Trust was closed and the related file removed from one of Appleby’s internal databases. Aziz has dismissed both the accusations of graft and any association with the murder.

RESPONSE

The Antarctic Trust, now closed, held most of Aziz’s assets earned when he worked at Citicorp and was created before he relocated to Pakistan to be appointed finance minister. The purpose was “to insure that if he were to die, his assets would pass efficiently to his family,” Aziz’s lawyer told ICIJ. The law in Pakistan requires politicians to disclose their assets. Asked why Aziz’s asset declarations in Pakistan didn’t mention the Antarctic Trust, the lawyer told ICIJ that the “legal owner” of the trust was Citicorp Trust Delaware N.A., not Aziz, and that Aziz and his family members paid all U.S. taxes they owed, the lawyer said.Cititrust is an affiliate of Citicorp where Aziz was an executive, and managed his personal assets for many years, the lawyer said.

Shoukat Aziz

RELATED DOCUMENTS

Information Sheet About the Antarctic Trust Aziz by Farhan Imaan on Scribd

ShareTweetPin
Previous Post

QChor – Qmobile tricks custom, smuggled mobile phones caught in Karachi

Next Post

After Imran Khan another Niazi in Paradise Leaks

Related Posts

Joe Biden, Joe Biden Inauguration, Inauguration ceremony, Kamala Harris
World

Joe Biden sworn in as 46th president of the United States

by Ali Gulrez
Jan 21, 2021
Kashmir Solidarity Day, 5th February, Kashmir Day, Kashmir Solidarity Day Holiday
Islamabad

Govt announces holiday on 5th February for Kashmir Solidarity Day

by Ali Gulrez
Jan 20, 2021
Kamyab Jawan loan Scheme reaches Wana, PM distributes cheques
National

Kamyab Jawan Loan Scheme Reaches Wana, PM Distributes Cheques

by Shazeya Daudpota
Jan 20, 2021
BBSHRRDB training admission for the year 2021
Education

BBSHRRDB Training Admission For The Year 2021

by Shazeya Daudpota
Jan 19, 2021
PEEF Hacked, PEEF Website Hacked
National

PEEF Official Website Hacked – Is Punjab Govt Sleeping?

by Ali Gulrez
Jan 18, 2021
PDM to protest outside ECP in Islamabad Tomorrow
Islamabad

PDM to protest outside ECP in Islamabad Tomorrow

by FIA
Jan 18, 2021
sister inheritance, doctor, brother, sister, domestic violence
National

Doctor imprisons & tortures sister to deny inheritance in Lahore

by Ali Gulrez
Jan 16, 2021
Indonesia earthquake, earthquake, quake, Majene, Mamuju
World

6.2 magnitude earthquake hits Indonesia, at least 35 dead

by Ali Gulrez
Jan 15, 2021
Next Post
Ayaz Khan Niazi

After Imran Khan another Niazi in Paradise Leaks

Saudi-led

Saudi-led forces close air, sea and land access to Yemen

Leave a Reply Cancel reply

Your email address will not be published.

Follow us on Twitter

Qries

Latest

  • Gold Rate in Pakistan Today – 21 January 2021
  • Joe Biden sworn in as 46th president of the United States
  • Maya Ali celebrates 5 million followers on Instagram
  • Esra Bilgic might be in Pakistan as Peshawar Zalmi ambassador
  • Govt announces holiday on 5th February for Kashmir Solidarity Day
  • Kamyab Jawan Loan Scheme Reaches Wana, PM Distributes Cheques
  • MG ZS Price Revealed – Booking Details and Dealership List
  • TikTok star Aiman Zaman responds to leaked video scandal
  • CMOs Start Mobile Service in South Waziristan: PTA

Follow us on Instagram

Qries

USD to PKR Rates

Qries

INCPak Official Logo

Independent News Coverage Pakistan - INCPAK Logo

Independent News Coverage Pakistan - INCPak.com

INCPak Official App - Download from Google Play Store

Vehicle Verification Online App

Vehicle Verification Online App

MTMIS Vehicle Verification Online Pakistan - Download from Google Play Store

Site links

  • About INCPak
  • Advertise with Us
  • Terms and Conditions
  • Privacy Policy
  • INCPak Team Members
  • Cookie Policy
  • Contact INCPak
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

Independent News Coverage Pakistan - All Rights Reserved © 2021
This site is hosted by Evolution Host

  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Health
  • Automotive
  • Technology
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Forum
    • Reviews
    • Phone Reviews
    • Crypto
    • Stock ROMs
    • What’s new?
    • Computer Stuff
    • INCPak Roms
  • Mobile Prices
  • Education
  • Entertainment
  • More
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result

Independent News Coverage Pakistan - All Rights Reserved © 2021
This site is hosted by Evolution Host

Go to mobile version