ISLAMABAD: A meeting presided by Prime Minister Nawaz Sharif to discuss the terms of reference put together by the opposition is underway.
Federal Ministers and law experts are in attendance, sources confirmed.
During the meeting the TORs put forward by the opposition came under discussion. The participants also brainstormed over a possible strategy to deal with the mounting pressure being built up against the PM, sources said.
Opposition party leaders on Tuesday agreed on a joint strategy a judicial investigation of disclosures from the Panama Papers linking Prime Minister Nawaz Sharif's children and several other Pakistanis to offshore companies.
However, opposition parties were still divided on whether they should ask the prime minister to step down until the judicial inquiry is concluded.
The terms of reference (TORs) agreed upon by the opposition, a copy of which was available with Geo News, do not mention any point about the resignation of the prime minister.
The joint opposition would call for the constitution of a special judicial commission headed by the Chief Justice of Pakistan and comprising of two other Supreme Court judges to be nominated by the Chief Justice.
Leaked confidential documents spanning over nearly 40 years that spell out the extensive use of tax havens by politicians, world leaders, and celebrities to launder money and evade taxes through one of the most secretive companies the Panamaian law firm Mossack Fonseca, had taken the world by storm.
Many Pakistanis have also been named in their revelations.
The documents identify many Pakistani business tycoons and politicians including late two-time Prime Minister Benazir Bhutto as well certain members of the ruling Sharif family to have used tax havens to hide their wealth.