Information, record of offshore companies: NAB chairman directs to expedite process

Chairman NAB former Justice Javed Iqbal chaired a meeting at NAB Headquarters here on Thursday. The meeting reviewed the preliminary inquiry report of 435 offshore companies owned by Pakistanis in Panama and British Virgin Islands. The NAB chairman directed to expedite the seeking of information and record from State Bank of Pakistan, SECP and the FBR sans sustaining any duress. And inquiry should be concluded in accordance with merit and in light of law and evidence, says a press release.
The persons who own offshore companies in Panama and British Virgin Islands included former chairman FBR Abdullah Yousaf. Yousaf owns Green Deal Management, Greenwood Investor. Shahid Abdullah and Shayan Abdullah own Greenwood Investor. Usman Yousaf owns Malboro and six companies of Ameer Abdullah are also included.-PR