Offshore wealth

This refers to the article, ‘Legends of the mandate’ (April 5) by Ayaz Amir. Can somebody inform Hussain Nawaz that ‘all legitimate’ offshore companies at the Bahamas, Virgin Islands, etc, are established by those who want to hide their identities or to avoid taxes at home? It is a clear case of money laundering.

One asks Hussain: from where did all this money come from? How can the owner of one company or one cinema house earn enough in a decade to set up empires on foreign islands and that too, secretly? We all know where this money came from, why offshore companies were established and why there is no record with the parent country. All I can say is: hail democracy, hail democratically-elected leaders and their ever-increasing bank accounts – within and outside the country.

Syra Fareen

Islamabad