Rahman Ravelli
Rahman Ravelli Solicitors Logo
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
 Request a Callback
Expertise Sectors International About Us Legal Articles News Contact Us
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539

FOUNDERS OF PANAMA PAPERS LAW FIRM ARRESTED AND BAILED IN CORRUPTION INVESTIGATION

15 February 2017

Posted in: Bribery & Corruption.

The two founders of Panama-based Mossack Fonseca were detained following allegations they played a part in the scandal known as Lava Jato; which involved the laundering of political bribes worth hundreds of millions of dollars.

Defence lawyers for Jürgen Mossack and Ramón Fonseca confirmed they will remain in custody. Two other employees of the firm are also believed to be under investigation.

Mr Fonseca’s lawyer has described the evidence against his client as “weak’’. Media reports in Panama say the men are set to be charged with money laundering.

Whatever the country and whatever the profession, everyone has to be wary of the risk of money laundering.