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  • Prime Minister Nawaz Sharif and his family have consistently denied any wrongdoing.

    Prime Minister Nawaz Sharif and his family have consistently denied any wrongdoing. | Photo: Reuters

The Panama Papers leaks of 2015 revealed offshore accounts that were linked to Sharif and three of his children. 

Pakistan Prime Minister Nawaz Sharif is still standing.

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Pakistan's Supreme Court ruled that there is insufficient evidence of corruption to remove Sharif from office, but it has ordered further investigation into money transfers detailed in the Panama Papers.

The Panama Papers leak of 2015 revealed offshore accounts that were linked to Sharif and three of his children. But, Sharif and his family have consistently denied any wrongdoing is involved. Sharif's daughter Maryam and his sons Hasan and Hussein are also implicated in the allegations. The probe was centered on the source of the funds that was used to purchase property in London, using offshore companies.

Late last year, the Supreme Court decided to investigate Sharif's offshore affiliations, after Opposition Leader Imran Khan threatened major protests. Approximately 1,500 police officers were reportedly deployed in the vicinity of the court in Islamabad.  According to Reuters, protesters nearby were chanting "Go Nawaz, Go Nawaz," urging the PM to gracefully exit his political office.

The Supreme Court's five-member bench was split in the decision, with two judges voting against the prime minister, while the remaining three voted to order new investigations.

The prime minister's party, the Pakistan Muslim League, hailed the decision as a victory and his daughter Maryam tweeted: "Praise and glory be to Allah alone."

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Investigators will now focus on a new probe, regarding how the family members transferred money to Qatar. Sharif and his daughter told the Supreme Court last November that their London property was bought through investments in companies owned by the Qatari ruling family.

The Panama Papers held 11 million secret documents which were leaked from the Panama-based law firm Mossack Fonseca. The documents detailed the offshore financial activities of numerous political and business leaders and other wealthy elites around the world.

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