Panama leaks RAW’s conspiracy against me: Rehman Malik

Pakistani Interior Minister Rehman Malik addresses a news conference in Karachi on August 6, 2010. Pakistan Prime Minister Yousuf Raza Gilani was heading to Karachi as violence blamed on political and ethnic rivalry between his coalition partners left over 80 people dead, officials said. AFP PHOTO/Rizwan TABASSUM (Photo credit should read RIZWAN TABASSUM/AFP/Getty Images)

PPP Rehman Malik has termed Panama Papers a conspiracy of Indian intelligence agency Research and Analysis Wing (RAW) to him in a controversy.

In a statement, Malik said that information mentioned in Panama Papers is completely false and based on inadequate evidences.

He, however, has accepted that he owned Petrofine FZC oil company, further adding that it was not involved in any shady business. It was a United Arab Emirates (UAE) firm and worked in accordance with the local laws, he explained.

According to documents shared by the International Consortium of Investigative Journalists, Pakistan’s two-time Prime Minister and Chairperson of Pakistan People’s Party (PPP) Benazir Bhutto -who was assassinated by Taliban in 2007- was also among the clients of Mossack Fonseca (MF) along with her close aide Senator Rehman Malik and nephew Hassan Ali Jaffery Bhutto.

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The leak said that Bhutto and her partners paid huge bribes to then Iraqi government -led by President Saddam Hussain- in 2000 to win oil contracts for their Sharjah based company Petrofine FZC and later established a company named Petroline International Incorporation in British Virgin Islands in 2001.

Mossack Fonseca’s (MF) records suggest that Benazir Bhutto’s second company, Petroline International Incorporation, was refused to be accepted as client by the law firm for being a politically sensitive group.

Read more: Panama Papers: What are they, who is involved and why are they important?

In 2005, an investigation into United Nation’s oil-for-food program in Iraq revealed that Bhutto’s firm paid US$ 2 million to President Saddam Hussain and in return they earned oil contracts of worth US$115-145 million. The probe was led by former head of US federal reserves Paul Volker.

In the later year, 2006, Pakistan’s National Accountability Bureau (NAB) also claimed that Petrofine FZC was owned by Benazir Bhutto but she and her party, PPP, strongly dismissed the charges and called it a political conspiracy against them.

Read more: Pervaiz Rashid says Sharif family did nothing illegal by doing business abroad


  1. This man has a devious backbone. He uses the RAW conspiracy ruse at the drop of hat.
    Until we Pakistanis can remove people like these from power; we will always be held back.

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