Pakistan News

    Paradise Point Islamabad

  • Sepa allows construction of nuclear power plants at Paradise Point

    KARACHI: Ignoring concerns on building twin nuclear power plants close to the city, the Sindh Environmental Protection Agency (Sepa) has accorded approval to the project’s environmental impact assessment (EIA) report and allowed its construction at Paradise Point, it emerged on Friday...

    The environmental agency, however, has allowed the PAEC to build the project at the same site (proposed in its EIA report) at Paradise Point near...

  • Paradise Papers: ICIJ names Shaukat Aziz in leaked documents regarding offshore firms

    The International Consortium of Investigative Journalists (ICIJ), the group that had unravelled the Panama Papers a year ago, has now released Paradise Papers revealing the often-murky financial wheelings and dealings of some of the world’s most powerful political players including Britain's Queen Elizabeth II and US Secretary of State Rex Tillerson...

    The Paradise Papers have named Shaukat Aziz in its list of offshore company...

  • ‘Paradise Papers’ expose ex-PM Shaukat Aziz’s offshore holdings

    ISLAMABAD: Nearly a year and a half after the Panama Papers leaks shook the world elites by revealing the offshore holdings of some of the most powerful political players, the Inter­national Consortium of Investigative Journalists (ICIJ) released another treasure trove of data late on Sunday...

    Dubbed the Paradise Papers, the leaks consist of 13...

  • Footprints: paradise in neglect

    As we stop at Lasdana for tea and point out to the locals that they are fortunate to be living in paradise, the comment nets a rather crude expletive as an answer...

    If done correctly, then perhaps Kashmir would be as the Mughal emperor pointed out: if there is paradise on earth, it lies here, here!Published in Dawn, October 13th, 2017...

  • Queen Elizabeth’s estate invested in offshore funds: Paradise Papers

    LONDON: Millions of pounds from the private estate of Britain’s Queen Elizabeth have been invested in offshore tax haven funds, a huge new leak of financial documents — dubbed the Paradise Papers — revealed on Sunday...

    The investments emerged as part of a new leak — dubbed the Paradise Papers — by the US-based International Consortium of Investigative Journalists (ICIJ), which was behind the 2015 Panama Papers release...

  • Trouble in paradise

    For starters, the Pakistanis whose names feature in these revelations, termed the Paradise Papers leaks, should now be made to explain whether or not the money in question was earned in this country...

  • FBR poised to act against those named in Paradise Papers

    ISLAMABAD: The country’s tax machinery is ready to issue notices to all Pakistani residents whose investments in offshore companies have been revealed in the Paradise Papers...

    FBR Spokesperson Dr Mohammad Iqbal told Dawn that the board was waiting for the names of the people who were identified in the Paradise Papers, adding that the tax machinery would follow the same procedure adopted in the wake of the Panama Papers leaks...

  • Russia dismisses new revelations in the Paradise Papers

    MOSCOW: Russia on Monday downplayed leaks in the Paradise Papers concerning Russian officials and companies, insisting the deals were legal and not politically motivated...

    The findings emerged as part of the Paradise Papers released by the US-based International Consortium of Investigative Journalists (ICIJ), which was behind the Panama Papers made public last year...

  • Paradise Papers reveal how the wealthy are hiding their money

    A huge leak of financial documents, revealed by a group of about 100 media organisations on Sunday, provided deep insights into some of the mechanisms used by top politicians or celebrities to escape paying taxes...

    Offshore funds are often used to escape high taxes and their use is not necessarily illegal, though when they are being used by the same people who set those tax rates, it tends to raise eyebrows
  • 'Paradise Papers' reveal offshore deals with Apple, others

    New revelations from the “Paradise Papers” on Monday shed light on Apple's tax avoidance strategy which shifted profits from one fiscal haven to another as well as loopholes employed by Nike and Formula One champion Lewis Hamilton...

    There were also reverberations in South America, where the name of Argentina's Finance Minister Luis Caputo also turned up in the “Paradise Papers”...

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