Panama Leaks targeting emerging nations to destroy their economies

Eurasia News

Panama Leaks targeting emerging nations to destroy their economies

Moscow, Russia: Calling it an international conspiracy to destroy emerging nations and strong political governments in Eurasian countries, experts of Eurasia have discarded Panama Leaks and claim that Leaks do not have credible 11 million documents as claimed by Panama Leaks, reports Dispatch News Desk (DND) news agency.

Eurasian experts have raised serious questions regarding the credibility of Panama Leaks after the international whistleblowing organization WikiLeaks claims that Panama Leaks are not actually leaks rather these are papers prepared by US sponsored organizations to defame and destroy emerging economies those are backing New Development Bank, formerly referred to as the BRICS Development Bank and Shanghai Cooperation Organisation (SCO).

According to a number of reports and articles published on Friday in Eurasian media, Panama Leaks are actually a report produced by the Organized Crime and Corruption Reporting Project (OCCRP) of United States which targets emerging Eurasia bloc that include Indian, Pakistan, China, Russia and Central Asian states.

Some Russian journalists claim that American billionaire George Soros and his organizations are behind this report. It may be mentioned that Russian Prosecutor General’s Office recognized Soros’s Open Society Foundations and the Open Society Institute Assistance Foundation as undesirable groups and have already banned Russian citizens and organizations from participation in any of their projects.

Eurasian political, development, financial and legal experts are of the view that Panama report looks funny when it tries to trap top politicians of Eurasia by linking them to their relatives who have offshore companies. The documents reveal that President of China Xi Jinping has a brother-in-law who has had companies in tax havens. Relatives of at least seven other men who have served on the Standing Committee – including two members currently serving with Xi – also have offshore holdings while a grandson-in-law of the late Chairman Mao Zedong, the founding father of the People’s Republic of China has also Offshore companies.

Development experts of Eurasia also called allegations against Prime Minister of Pakistan as “absurd and hilarious”. Experts believe that Pakistan that is a nuclear country is coming out of being tagged as a “almost failed state” in past and now is emerging rapidly as one of the South Asian leaders under the leadership its Prime Minister Sharif. Panama Report has tried to destabilize his government by linking his name with his two sons who had been doing business out of Pakistan since decades and living abroad since Mr. Sharif government was seized to work by Military chief in year 1999 and he was sent out of country along with his family to live in Saudi Arabia.

It may be mentioned that Panama Leaks claim that the record of more than 11 million documents show the inner workings of Mossack Fonseca, a Panamanian law firm that specializes in building corporate structures that can be used to conceal assets. This report tracked Offshore businesses of many important people of many continent except North America.