Two companies invested $190 million in Panama, the Bahamas?

Securities and Exchange Commission of Pakistan (SECP) traced two Pakistani companies on Saturday that collectively invested at least USD190 million in Panama and the Bahamas through offshore companies. Following the probe, it was revealed that a company had invested at least USD90 million though shell companies in Panama while another made an investment of around USD100 million in the Bahamas. The details of the probe were forwarded to institutions concerned.