We hope Pandora Papers will open new avenues for transparency: Fawad Chaudhry

Federal Minister for Information and Broadcasting Fawad Chaudhry expressed the hope that the Pandora Papers investigation will discourage corruption and open up more avenues for transparency. 

The world waits in anticipation as the International Consortium of Investigative Journalists (ICIJ), has received more than 11.9 million documents containing 2.94 terabytes of confidential information from service providers who helped set up and manage offshore companies and trusts in tax havens around the world.

According to the ICI, the exposé will be out today at 4:30pm GMT, which means 9:30pm Pakistan Standard Time.

"The Panama Papers [investigation] brought to light various assets stashed abroad by a lot of corrupt people," tweeted Fawad Chaudhry

"Now, it is being said that another investigation led by the ICIJ is being released soon. Imran Khan has always pressed developed countries to discourage the practice of transferring looted money from poor countries to the developed ones," he said. 

"If Pandora Leaks confirms the transfer of looted money from third-world countries to others, then it will further validate Prime Minister Imran Khan's stance," he tweeted. 

"We hope this investigation will also open up new avenues of transparency and will prove to be another setback for corruption."

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