Abdul Awal Mintoo's Nepalese business partner Binod Chaudhary named in Pandora Papers

Mintoo and his family members were earlier named in the Paradise Papers, leaked in 2017

BNP leader Abdul Awal Mintoo’s name came in the Pandora Papers files, leaked on Sunday, as a partner of Nepalese business tycoon Binod Chaudhary.

According to the Nepali Times, Bangladeshi businessman and BNP Vice Chairman Abdul Awal Mintoo is involved with one of Binod Chaudhary’s companies Cinnovation Incorporated.

The report, however, did not provide any details on the nature of Mintoo’s involvement with the company.

A global investigation by the International Consortium of Investigative Journalists (ICIJ) has revealed that well known political and business figures around the world are using tax havens for money laundering.

The Pandora Papers reveal that Binod Chaudhary has companies in the BVI in the names of his wife and three sons, Nirvana, Varun, and Rahul.

The Chaudhary family has registered the companies Cinnovation Incorporated, CG Hotels and Resorts Limited, Sensei Capital Partners Inc. in BVI, and CG Hospitality Holdings Global Pte Ltd in Singapore, Nepali Times reported.

The Pandora Papers has minute details of company correspondence, share and money transfers and other transactions between Chaudhary family members and partners. Some of the names mentioned are Pakistani, Singaporean, Sri Lankan and Bangladeshi.