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The National Accountability Bureau (NAB) is unlikely to take action against Moonis Elahi, son of former deputy prime minister Chaudhry Parvaiz Elahi, for wealth stashed abroad in offshore accounts. A senior NAB official said that NAB could not take action against any one on the basis of media reports. "NAB will take action against Moonis Elahi if somebody files a reference against him with the Bureau challenging his offshore accounts," he said.
When contacted Pakistan Muslim League-Q (PML-Q) spokesman Senator Kamil Ali Agha categorically denied it terming the report concocted and fabricated. He also said the party immediately issued a rebuttal, rejecting the reports as it was a malicious attempt by some vested interests to malign the party.
A British daily quoting a major leak from offshore accounts in British Virgin Islands (BVI) held by the world's wealthiest includes the names of Bidzina Ivanishvili, prime minister of Georgia, Gaddam Vivekanand, a ruling Congress (I) member of parliament, and Moonis Elahi. The paper adds that Elahi denied owning or controlling the BVI Company but did not state whether he had previously owned the firm. The offshore financial industry has been hit by the leak of 2.5 million secret bank accounts of companies and nationals in 170 countries in a novel project by the Washington-based International Consortium of Investigative Journalists, in collaboration with a British daily and other international media, who are jointly publishing their research results this week.

Copyright Business Recorder, 2013

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