Panama papers firm shrinks internationally

panama papers firm

PANAMA CITY: Mossack Fonseca, the law firm linked to the Panama Papers scandal, has had to close most of its international offices due to a slump in business, company officials said on Wednesday. “We had about 45 offices abroad. Now there are about six left,” Jürgen Mossack, one of its founders told a briefing while insisting the Panama headquarters was not expecting to close. A trove of 11.5 million digital records from the Panamanian law firm revealed how many of the world’s wealthy used offshore companies to stash assets. Perpetrators ranged…

Read More