Mossack Fonseca HQ raided by Panama police

Prosecutors said the raids had taken place “with no incident or interference,” but gave no details on the results of the searches

Panama City: Police have raided the headquarters of Mossack Fonseca, the Panamanian law firm whose leaked documents have unleashed a global scandal over how the world’s elite use offshore companies to hide their wealth.

Mossack Fonseca law
Police stand guard outside the Mossack Fonseca law firm offices in Panama City during the raid. PIC/AFP

Organised crime police surrounded Mossack Fonseca’s headquarters in Panama City yesterday as the offices were being searched, along with several other branches. Prosecutors said the raids had taken place “with no incident or interference,” but gave no details on the results of the searches.

Meanwhile, Panama has hit back at the apparent blemish on its image as an important financial crossroads in the wake of the so-called Panama Papers leak. It warned France earlier on Tuesday, before the raid on the law firm, of unspecified diplomatic measures if France does not remove it from a blacklist of tax havens. Paris put Panama back on its national list of uncooperative jurisdictions, after removing it in 2012, in the wake of the leaks.

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