The Mossack Fonseca raided by organised crime investigators in Panama

The Police officers search headquarters to ‘establish the use of illicit activities’ including money laundering and financing terrorism

The crime prosecutors raided the offices of the Mossack Fonseca law firm on Tuesday looking for evidence of money laundering and financing terrorism following a leak of documents about tax havens it set up for wealthy international clients.

The dozen police officers set up a perimeter around the offices while prosecutors searched inside for documents. A attorney general’s office said in a statement that the objective of the raid was (to obtain documentation linked to the information published in news articles that establish the use of the firm in illicit activities).

The Mossack Fonseca has denied, (search came a day after intellectual property prosecutors visited Mossack Fonseca to follow up on the firm’s allegations that a computer hack led to the leak of millions of documents about tax havens). So finally the real criminals are being investigated, he said in a message to the AP on Monday.

But Fonseca has maintained that the only crime which can be taken from the leak was the computer hack itself. said he suspects the hack originated outside Panama, possibly in Europe, but has not given any details. So the law firm is one of the most important in the world for creating overseas front companies.

Important thing in this case Panamanian President Juan Carlos Varela has defended the country’s financial sector, which is considered of strategic importance for the economy. But Varela has also promised the international community that he is willing to make reforms to make the sector more transparent. So the government announced that Joseph Stiglitz, who won the Nobel Prize in economics in 2001, would be one member of an international panel formed to review Panama’s legal and financial practices and recommend improvements.

Comments

Instagram playboy reveals why he’s risking his life for $600K | The Reporter25

Dan Bilzerian is betting big on a feat which, for the majority, would easily end up with a trip to the emergency room. The multimillionaire showy a shooting gun, High Stakes Poker playing Instagram King who is often photographed with scantily clad women draped in his body torn bet $ 600,000 that he can ride a bicycle from his home in the Hollywood Hills to California sign Las Vegas within 40 hours. This is no joke, Bilzerian says the post. The 35-year-old has 293 miles to cover if he wants to win. Nobody does that. LA to Las Vegas I have a rise of 13000 feet that is (almost) half of Mount Everest, but I wanted a challenge. The challenge is the operative word. Bilzerian, at just under 5 feet 10 and 200 pounds, doesn't have the physical from the classic biker and has not gone well for nearly two decades. He calculates that, before starting to prepare in mid-February (one day after the bet has been made), he had spent less than 20 hours in a two-wheeled vehicle in your life. Top Stori...

Saudi Arabia, the highest civil honor MODI

The Indian Prime Minister Narendra Modi has been awarded the highest civilian honor in the country of Saudi Arabia . The spokesman of the Ministry of Foreign Affairs Indian Vikas Swarup had provided more information about the Sun. He said that the first Minister Narendra Modi was "the highest civil honor, Saudi Arabia, the King Prize Abdul Aziz." MODI was given the honour to visit of two days last week to Saudi Arabia. Trade between the India and Saudi Arabia during his visit to the India signed several agreements to boost investment and strategic cooperation. More Stories : Operations at Brussels Airport MODI Twitter thanking Saudi Arabia, my Lord King Solomon had a great meeting with bin Abdulaziz Al-Saud. We are committed to the strengthening of relations between the India and Saudi Arabia ". He wrote: "Thanks to Saudi Arabia . Participation in the program will strengthen the links between the economy and the people between our countries. MODI came to Saud...

Over 40M people of Irish descent are in the United States, 8x more than the population of Ireland

The Irish people (Irish: Muintir na hÉireann or Na hÉireannaigh) are a nation and ethnic group native to the island of Ireland, who share a common Irish ancestry, identity and culture. Ireland has been inhabited for about 9,000 years according to archaeological studies (see Prehistoric Ireland). For most of Ireland's recorded history, the Irish have been primarily a Gaelic people (see Gaelic Ireland). Anglo-Normans conquered parts of Ireland in the 12th century, while England's 16th/17th century (re)conquest and colonization of Ireland brought a large number of English and Lowland Scots to parts of the island, especially the north. Today, Ireland is made up of the Republic of Ireland (an independent state), and the smaller Northern Ireland (a part of the United Kingdom). The people of Northern Ireland hold various national identities; including Irish, Northern Irish, British, or some combination thereof. The Irish have their own customs, language, music, dance, sports, cuisine,...

Bol News

Search This Blog