ISLAMABAD - The parliamentary committee is all set to form the Terms of References (ToRs) to probe the Panama Leaks from tomorrow (Monday) but it seems difficult to finalise the contours of the probe period.

The 12-member committee is assigned to set ToRs for judicial commission in short period of two-week.

The crucial matter to decide investigation of cases from 1947 or from 1985 to set ToRs will become a big challenge for the body, background discussions with different political party leaders left this impression.

Some of the major political forces may be interested to set ToRs other than the Panama Leaks including kickback and written off bank loans from 1947. While, other may argue to put more focus only on the Panama Leaks related matters from 1985 or 2016.

As, this committee has given mandate to inquire issues raised in the controversy over the Panama Papers, media reports about offshore companies, transfer of funds from Pakistan and kickback.

Political analysts believed that this committee may not easily reach on consensus to set ToRs for Panama leaks issue.

Talking to The Nation, a member of the committee Sahibzada Tariq Ullah said that the committee will make all-out efforts to set ToRs acceptable to all. The matter regarding time-frame to decide contours of the probe period will definitely be a debatable matter, said Jamaat Islami leader, adding that Pakistani politicians through this committee should not waste this opportunity to start probe against corrupt politician.

He further made it clear that the investigation about Panama Leaks scandal should start from Prime Minister Nawaz Sharif.

Another member of the committee shared that it will be a difficult task to set ToRs in two-week. “Work from 1947 will almost be near to impossible to set ToRs,” he added. Sources said that MQM might support government side to probe Panama Leaks issue to set further course of action. This opposition party (MQM) has earlier refused to support the joint opposition on the Panama Leaks issue. Earlier MQM was not included in the parliamentary committee. MQM, after a thorough deliberation by united opposition was included in the parliamentary committee to probe the Panama Leaks by replacing QWP Chief Aftab Sher Pao with Senator Muhammad Ali Saif. This replacement of name has been given to Speaker Iyaz Sadiq yesterday (Saturday).

For the committee, the joint opposition has recommended the names of Senator Aitzaz Ahsan (PPP), Shah Mehmood Qureshi(PTI), Mohammad Ali Saif (MQM), Sahibzada Tariq Ullah (JUI-F), Tariq Bashir Cheema (PML-Q) and Ilyas Bilour (ANP). Whereas, the names from the government side have yet to be finalised.

Prime Minister Nawaz Sharif last Monday offered opposition parties to form a joint parliamentary committee to formulate ToRs for a judicial commission to investigate the allegations of corruption.

The National Assembly has already adopted a motion authorising the speaker to form a parliamentary committee to prepare ToRS to probe the Panama papers.

The motion said that the committee will consider various options to inquire important issues raised in the controversy over Panama Papers, media reports about offshore companies, transfer of funds from Pakistan originating from corruption, commissions, kickback and written off bank loans.