11/09/24

Panama Papers trial gets underway with 27 suspects charged

As Reported on MSM.com Wednesday 11 September,  The trial of 27 people connected with the

Panama Papers tax evasion scandal began in a Panamanian criminal court on Monday, some eight years after the revelations first emerged.

Among the defendants are German-born Jürgen Mossack, and Ramon Fonseca, the co-founders of a Panama-based law firm that was at the center of the document leak in 2016.

Mossack, Fonseca and other former employees of the law firm are facing money laundering charges based on allegations the law firm set up shell companies in tax havens.

Fonseca has previously said the firm, which closed in 2018, had no control over how its clients might use offshore vehicles created for them.

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Tax avoidance Panama