39446
Panama Raids Offices of Mossack Fonseca Law Firm
International

Panama Raids Offices of Mossack Fonseca Law Firm

Panama’s attorney general late on Tuesday raided the offices of the Mossack Fonseca law firm to search for any evidence of illegal activities, authorities said in a statement.
The Panama-based law firm is at the center of the “Panama Papers” leaks scandal that has embarrassed several world leaders and shone a spotlight on the shadowy world of offshore companies, Reuters reported.
The national police, in an earlier statement, said they were searching for documentation that “would establish the possible use of the firm for illicit activities”. The firm has been accused of tax evasion and fraud.
Police officers and patrol cars began gathering around the company’s building in the afternoon under the command of prosecutor Javier Caravallo, who specializes in combating organized crime and money laundering.
Mossack Fonseca, which specializes in setting up offshore companies, did not respond to requests for comment on Tuesday.
Earlier, founding partner, Ramon Fonseca, said the company had broken no laws, destroyed no documents and all its operations were legal.
Governments across the world have begun investigating possible financial wrongdoing by the rich and powerful after the leak of more than 11.5 million documents, dubbed the Panama Papers, from the law firm that span four decades.

Short URL : http://goo.gl/jIJU6t
  1. http://goo.gl/GVHqPo
  • http://goo.gl/kC2QrI
  • http://goo.gl/neJ4js
  • http://goo.gl/fY7X5I
  • http://goo.gl/0ZurPi

You can also read ...

Mattis:  Decision Closer on Afghanistan Strategy
The Trump administration is closer to a decision on a new...
Islamic State is on the back foot in Syria and has lost swathes of its territory in the north.
Syria’s army and its allies have encircled a self-styled...
One More Saudi Prince Dies
Sudden deaths are occurring one after another in Saudi Arabia’...
May Rejects 9/11 Survivors’ Appeal to Release Report on Saudi Terror
Prime Minister Theresa May has rejected an appeal by survivors...
Trump’s Attacks Could Leave Him Friendless if Impeachment Comes
US President Donald Trump has stepped up his attacks on...
5 Suspects Shot Dead by Police After Van Rampage Kills 14 in Barcelona
Spanish police shot dead five would-be attackers after...
More than 400 people have died in the three countries  over the last seven days.
More than 16 million people have been affected by monsoon...
Assad Advisor Says Syria War Nearing Its End
An advisor to Syrian President Bashar al-Assad has said the...

Trending

Googleplus