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Wednesday November 27, 2024

Rehman Malik denies link with Panama offshore company

By Asim Yasin
May 11, 2016

ISLAMABAD: Former interior minister and Chairman Senate Committee on Interior Rehman Malik on Tuesday once again categorically denied having any links with the Panama offshore bank accounts.

“There is no truth in the news being propagated by a section of the media with mala fide motives,” he said in a  statment while holding his earlier challenge that if he or his company Petroline FZC had any connection to Panama tax heavens, he ould resign from the politics.

Senator Rehman Malik said a section of the media is misguiding the public by dragging Shaheed Mohtarma Benazir Bhutto and his name in Panama Leaks while factually his name doesn’t exist in Panama Papers.

During the exile period, Senator A. Rehman Malik said, a company namely Petroline FZC was registered in UAE and the company did ‘legal’ and legitimate business under the United Nation’s Oil for Food Programme. “Neither has it any asset and account in Panama nor in any tax haven till its closure in 2005,” he said.

He said “I have lived in the UK during my exile period for nearly 10 years and I have developed food business and due diligence as a security consultant and oil business.”