The Panama Papers reportedly expose offshore companies of 10 Tajik nationals

DUSHANBE, May 10, 2016, Asia-Plus – Radio Liberty’s Tajik Service reports that The Panama Papers have exposed offshore companies of ten Tajik nationals

“The Panama files” updated on May 9 reportedly exposed offshore companies of ten Tajik nationals registered in the British Virgin Islands and in the Bahamas.

Among them are Safarmad Safarov, Bakhtiyor Muminov, Abdumumin Abdushukurov, Zarifbek Davlatov, Behzod Fayzulloyev, Firouza Akramova, Salim Khalilov, Dilshod Shohmamadov, Hakimboy Ziyoyevich, and Mansourjon Homidov.

The first six of them have reportedly registered their companies in the British Virgin Islands and the remaining four persons have registered their companies in the Bahamas.

According to The Panama Papers , Safarmad Safarov is founder of Ashton Business Group Limited,  Bakhtiyor Muminov is the head of B&M It Scientific Solutions Ltd and Hightron Holdings Inc.,  Abdumumin Abdushukurov is shareholder in Verony Interinvest Limited, Zarifbek Davlatov is shareholder in Penkridge Global Limited, Behzod Fayzulloyev is shareholder in BF & Brothers Management Holdings Ltd and Hightron Holdings Inc., Firouza Akramova is shareholder in INCRED COMPANY CORP., Salim Khalilov is shareholder in World DEVELOPMENT CORP., Dilshod Shohmamadov is founder of Orvitel Enterprises, Corp., Hakimboy Ziyoyevich is founder of VALENTO COMMERCE LIMITED, and Mansourjon Homidov is founder of ROSINGTON PROJECTS LTD.

The Panama Papers is an unprecedented investigation that reveals the offshore links of some of the globe’s most prominent figures.

The International Consortium of Investigative Journalists, together with the German newspaper Suddeutsche Zeitung and more than 100 other media partners, spent a year sifting through 11.5 million leaked files to expose the offshore holdings of world political leaders, links to global scandals, and details of the hidden financial dealings of fraudsters, drug traffickers, billionaires, celebrities, sports stars and more.

The trove of documents is likely the biggest leak of inside information in history. It includes nearly 40 years of data from a little-known but powerful law firm based in Panama.  That firm, Mossack Fonseca, has offices in more than 35 locations around the globe, and is one of the world’s top creators of shell companies, corporate structures that can be used to hide ownership of assets.

ICIJ’s analysis of the leaked records revealed information on more than 214,000 offshore companies connected to people in more than 200 countries and territories.

The data includes emails, financial spreadsheets, passports and corporate records revealing the secret owners of bank accounts and companies in 21 offshore jurisdictions, including Nevada, Hong Kong and the British Virgin Islands.