Panama, fake accounts JIT reports are case studies in how states fail: PM

ISLAMABAD: Prime Minister Imran Khan on Tuesday declared the reports submitted by joint investigation teams in the Panama Papers and fake bank accounts cases as “case studies” in how states fail.

Expressing his perplexity at those “defending the plunderers”, the prime minister said the scale and methods used to “siphon off public money” were “incredulous and mind-boggling”.

“The Panama JIT report & the Fake Accounts JIT report are case studies in how states fail - getting impoverished & drowning in debt. The scale & methods used for siphoning off public money are incredulous & mind-boggling,” he tweeted on Tuesday.

“I am puzzled & perplexed by those who, despite having read the two reports, are still defending the plunderers,” the premier added. 

An accountability court on Monday sentenced former prime minister Nawaz Sharif to seven years in prison in Al-Azizia Steel Mills corruption reference, while acquitting him in the Flagship Investment reference. 

The same day, a JIT report submitted in the Supreme Court held the Zardari and Omni groups responsible in the mega money laundering and fake accounts case.