NBP President & CEO, Arif Usmani Clarifies

Karachi, 04 October 2021: The name of Mr. Arif Usmani, President, National Bank of Pakistan has appeared in the list published by the International Consortium of Investigative Journalists (ICIJ) under ‘Pandora’s Papers’ as one of the Pakistanis’ who own off-shore companies.

As part of his submissions to the FBR as a returning Pakistani, Mr. Usmani declared the existence of “SASA Partners Inc. BVI” to all relevant authorities as per applicable laws.

Read More: Pandora Papers: A simple guide to the Pandora Papers leak

Mr. Usmani served for over 26 years abroad during which time the assets were acquired and no funds were ever transferred from Pakistan for these assets”

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