KUALA LUMPUR: Individuals are allowed to open accounts with any licensed banks including offshore accounts under the purview of Bank Negara Malaysia, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
The ‘Pandora Papers’ found that several ministers in Pakistani Prime Minister Imran Khan’s cabinet, including finance minister Shaukat Tarin, had dealings with offshore companies.
PETALING JAYA: Tun Dr Mahathir Mohamad says he does not have any money stored in offshore accounts and that there is no evidence of this "great wealth".
Hundreds of wealthy global elites and politicians have been called out after leaked documents called the Pandora Papers detailed trillions of dollars worth of money hidden in offshore accounts. The 12 million documents have stirred up the global economy and caused widespread criticism to involve individuals.