259 Pakistani offshore company owners exposed

KARACHI: The International Consortium of Investigative Journalists (ICIJ) published online on Monday detailed data from the Panama Papers trove on more than 200,000 secret offshore companies cataloguing the names of 259 Pakistanis who own shares in offshore companies.

The searchable database built on just a portion of the documents leaked from the Panama law firm Mossack Fonseca reveals more than 360,000 names of individuals and companies behind the anonymous shell firms, the ICIJ said. Previously, 220 Pakistanis were named by the ICIJ. The database identifies at least 259 Pakistani people or companies that had roles in offshore entities.



At least three entities, trust or funds created in a low-tax, offshore jurisdiction by agents were listed as linked to Pakistan.

It also lists five intermediaries or middle-men who go-between people and offshore corporations and offshore service providers.

Some of these companies date back to the 1980s and have defaulted or were suspended a long time ago, but some others were recent and listed as still active. They were listed in a number of international tax havens including Hong Kong, British Virgin Islands, Panama, Bahamas and Seychelles.

These include Faisal Maqbool Shaikh tied to the British Virgin Island firm Fern International Ltd.

Most of the Pakistani addresses used to register companies were from Karachi (65), followed by Lahore (43) and Islamabad (25).

According to TV channels, apart from the names of Maryam Nawaz and relatives of the Sharif family, the list includes names of Sadrudin Hashwani, Hussain Dawood, Mir Shakilur Rehman, Ali Siddiqui and many more.

Pakistanis registered 153 companies in the British Virgin Islands and 41 in Panama. The first offshore company was registered in 1988 by Mian Ziauddin and the latest was registered in 2015 by Majid Siddiqui.



Among those who owned shares in offshore companies included Pakistan Peoples Party Senator Osman Saifullah Khan owned shares in BVI companies Saif Capital Partners Limited (incorporated in May 2014), and separately UK Property Investment Limited (incorporated in August 2004). But both companies were listed in China.

Jehangir Saifullah Khan, related to Osman, owns shares and is a beneficiary of BVI based company Green Ridge Associates Limited which was incorporated in 2007 and is still active. It was created by intermediaries Dattani Chartered Accountants which is linked to 53 other companies owned by the Saifullah family. Most of these companies are still active.

Hussain Dawood owns shares in BVI-based Corlinio Limited (incorporated in January 2006 and still active). The company has eight listed shareholders including Abdul Samad Dawood, Shahzada Dawood, Zahra Batoonah, Saad Raja and Bazaar Investments and Razaran Limited. It is also linked to the Louvre Trust (Guernsey) Ltd intermediary in turn linked to 13 firms. Ali Siddiqui, son of Jehangir Siddiqui owned shares in the BVI company Novolance Limited incorporated in 2007.

Of the Soorty family, prominent business owners in Pakistan, was shareholder of the BVI-based Salwa International Limited (incorporated in 2011), Argyll Enterprises (incorporated in 2011).

Mir Shakilur Rehman owned BVI-based company Marine Properties Limited which was incorporated in July 2001 but has defaulted.

Pir Ali Gohar, son of Pir Abdul Kadir owned the BVI-based Jennheiser Holdings incorporated in July 2004 but has defaulted.

The Tabani family also owned a company, the BVI-based Wayfinder International Limited (incorporated in September 2007 and still active) with Younus Zakaria Tabani and Rukhsana Chaudhry Tabani linked.

It also includes name of Zain Iftekhar Sukhera, a close friend of a former prime minister’s son, owned the BVI-based Golden Waters Telecom (incorporated in January 2012).



Zulfiqar Bukhari, along with his sisters, owns six offshore companies including Factory Limited, Bradbury Resources Limited .

According to television channels the list also includes the names of Moonis Elahi, Aleem Khan, Benazir Bhutto and Rehman Malik.

Until now access to the total cache of 11.5 million documents, originally provided by a mysterious “John Doe”, was restricted to the ICIJ and a select group of international media.

While the database “allows users to explore the networks of companies and people that used - and sometimes abused - the secrecy of offshore locales with the help of Mossack Fonseca and other intermediaries,” the ICIJ said.

But it said it was not making available raw records online, nor was it putting all the information from the records out, in part to prevent access to some personal data and bank account details of those mentioned.

Complete list of Pakistanis named in Panama Papers

1. Muhammad Haroon Mahmood


2. Mohammad Azam Ali


3. Romana Sher Zaman Lodhi


4. Khan Amir Saleem Anwar


5. Bashir Dawood


6. Mariyam Dawood


7. Fatima Taqi


8. Muhammad Bakar Gokal


9. Rashda Tariq


10. Khaliquz Zaman Khan Lodhi


11. Amina Bakar Gokal


12. Amynah Adil Jaffer


13. Maryam Adil Jaffer


14. Farah Dawood


15. Muhammad Talha Mahmood


16. Tasneem Tanveer Awan


17. Khan Nasir Saleem Anwar


18. Ambreen Haroon


19. Tanveer Sultan Awan


20. Abdul Kader Jaffer


21. Moonis Elahi


22. Ali Naqi Taqi


23. Tariq Salam


24. Amin Mohammed Lakhani


25. Sajjad Bakar Gokal


26. Nazim Fida Hussein Haji


27. Amer N Haji


28. Adil N Haji


29. Maha Abedi Dadabhoy


30. Naveed


31. Peter McDiarmid


32. Imran Riaz


33. Mariam Bakar Gokal


34. Ismathunissa Mumtaz


35. Omer Adil Jaffer


36. Khan Tahir Saleem Anwar


37. Bashir Dawood, Mariyam Dawood & Farah Dawood


38. Fauzia Bakar Gokal


39. Iftikhar Ahmed Zahid


40. Mehreen Akbar


41. Mohammad Shaukat


42. Habib Ahmad


43. Mehboob Ahmed Sheikh


44. Shahid Shafiq


45. Ahsan Shafiq


46. Amir Shafiq


47. Shehzad Shafiq


48. Shan Faisal


49. Yousuf Jan Mohammad


50. Aftab Lakhany


51. Jawed Lakhani


52. Raazia Ajmal


53. Raazia Ajmal


54. Humayun Khan


55. The Bearer


56. The Bearer


57. Ullah Zahir


58. Iqbal Khan


59. The Bearer


60. Mir Shakilur Rahman


61. Feroze Sayeedud Deane


62. Maya Inayat Ismail


63. Abdul Samad Dawood


64. Younus Zakaria Tabani


65. Rukhsana Chaudhry Tabani


66. Shazada Dawood


67. Samina Durrani


68. Samina Durrani


69. Majid Ahmad Khan


70. Osman S Khan


71. Sabahat Zahid


72. Mahin Hasib


73. Saleem Mohyud Din


74. Muhammad Farooq Naseem


75. Mahin Hasib


76. Mohamed Ashraf Abouldahab


77. Saleem Mohyuddin


78. Saad Ali


79. Zahid Rafiq


80. Javed Ahmad


81. Shamaila Nasir


82. Shams Nasir Pirzada


83. Humayun S Khan


84. Hussain Dawood


85. Mariam Zubair Khan


86. Aqueela Mumtaz


87. Sheikh Maqbool Ahmad


88. Syed Muhammad Ali


89. Imran Ali, Sher Ali & Hussain Ali


90. Navaid Malik


91. Khalid Hussain


92. Irum Hasib


93. Jehamgir S Khan


94. Sheerin Shahid


95. Shahid Abdullah


96. Shayan Abdullah


97. Nosheen Riaz Khan


98. Waseem Khalida  Khan


99. Mohammand Yousuf Ahmed


100. Salma Yousuf


101. Zulfiqar Paracha


102. Arif Aziz


103. Yousef Abduallah


104. Usma Yousef


105. Shahid Rashid Soorty


106. Nargis Rashid Soorty


107. Zahid Rashid Soorty


108. Syeda Zheelan Zahid


109. Mehreen Akbar


110. Asad Mahmood Ali


111. JT Khan


112. Jawaid Tariq Khan


113. Abdul Rashid Soorty


114. Nargis Shahid Soorty


115. Shahid Rashid Soorty


116. Abida Zulfiqar


117. Abdul Rashid Soorty


118. Pir Ali Gohar


119. Mohamed Zaffrullah Khan


120. Umer Aziz


121. Humayun S Khan


122. The Bearer


123. The Bearer


124. The Bearer


125. Mehr E Azam


126. The Bearer


127. Sadaf


128. The Bearer


129. The Bearer


130. Ayaz Thaver


131. Gulnoor Ayaz Thaver


132. Osman Khan


133. Aqueel Hassan


134. Naeem Aslam Chowdry


135. Ali Siddiqui


136. Fatima Waqas Paracha


137. Muhammad Aly Saifvllah Khan Shahzaib Akhtar


138. Javed S Khan


139. Salim S Khan


140. Samia Roomi


141. Salim Khan


142. Chaudhry Muhammad Aslam


143. Shamoon S Aslam


144. Nadeem Ahmed Jeddy


145. Nizar Mohammed


146. Noor Mohammed Ebrahim


147. The Bearer


148. The Bearer


149. The Bearer


150. The Bearer


151. The Bearer


152. The Bearer


153. The Bearer


154. The Bearer


155. Salman Ahmed Tabba


156. Gul Muhammad Tabba


157. Fazal Khan


158. Anwar S Khan


159. Amer Abdullah


160. Ali Abdullah


161. Ambareen Amer


162. Tanwir Hassan


163. Javed Saifullah Khan


164. Anwar S Khan


165. Osman S Khan


166. Sara Adnan Paracha


167. Iqbal S Khan


168. Syed Mahmood Ahmed


169. Syeda Sakina Bukhari


170. Ijaz Rashid


171. Zain Iftikhar Sukhera


172. Abid Ahmad Khan Bhatti


173. The Bearer


174. The Bearer


175. The Bearer


176. Mehreen Akbar


177. Shahid Iqbal


178. Rubina Haider


179. Riaz Haider


180. Imitiaz Majeed


181. Javed S Khan


182. Azfran Hasan


183. Irum Hasib


184. Fissal Atique


185. Askara Abbasi


186. Atique Ahmed


187. Javed Khan


188. Iqbal Khan


189. Anwar Khan


190. The Bearer


191. Ilyas Mehraj


192. The Bearer


193. The Bearer


194. The Bearer


195. Javed Khan


196. The Bearer


197. Salim Khan


198. Mehreen Muddassir Paracha


199. Nadeem Iqbal Saigol


200. Hussain Haji


201. Azim Mohammad Haji


202. Humayun Khan


203. Javed S Khan


204. Hamid Ullah


205. The Bearer


206. Anwar S Khan


207. Iqbal S Khan


208. The Bearer


209. Anwar Khan


210. Irshad Ali Mian


211. Waseem Gulzar Chaudhry


212. The Bearer


213. The Bearer


214. The Bearer


215. Mehreen Akbar


216. Musa Khan


217. Hanif Muhammad


218. Jehangir Khan


219. Jehangir Saifullah Khan


220. Faisal Farid


221. Muhammad Iqbal


222. Nadeem Abdullah


223. Noshaba Nadeem


224. Nabeel Abdullah


225. Mahin Hasib


226. Irfan Puri


227. Atique Ahmed


228. Mahin Hasib


229. Mohammad Abdullah


230. Shamshad Begum


231. Jehangir Saifullah Khan


232. Muhammad Shoaib


233. Khalid Hussain


234. Ijaz Rashid


235. Shamshad Begum


236. Ambareen Amer


237. Rubina Riaz


238. Usma Yousef


239. Jehangir Saifullah Khan


240. Yousef Abduallah


241. Abida Zulfiqar


242. Zulfiqar Paracha


243. Shamalia Nasir


244. Hamid Ullah


245. Fazal Khan


246. Shams Nasir Pirzada


247. Shahid Abdullah


248. Saba Obaid


249. Fatima Waqas Paracha


250. Amer Abdullah


251. Riaz Haider Ali


252. Irshad Ali Mian


253. Mehreen Muddassir Paracha


254. Mohammad Abdullah


255. Sara Adnan Paracha


256. Dr Kamran Kamal


257. Sadaf


258. Ali Abdullah

Published in The Express Tribune, May 10^th, 2016.