'Panama Papers' trial starts. 27 people charged in the worldwide money laundering case
Panama has started the trial of 27 people charged in the worldwide “Panama Papers” money laundering case
By AP News
Published - Apr 08, 2024, 12:41 PM ET
Last Updated - Apr 08, 2024, 01:32 PM EDT
PANAMA CITY (AP) — The trial of 27 people charged in connection with the worldwide “Panama Papers” money laundering started Monday in a Panamanian criminal court.
Those on trial include the owners of the Mossack-Fonseca law firm that was at the heart of the 2016 massive document leak.
The Panama Papers include a collection of 11 million secret financial documents that illustrate how some of the world's richest people hide their money.
The repercussions of the leaks have been far-ranging, prompting the resignation of the prime minister of Iceland and bringing scrutiny to the leaders of Argentina and Ukraine, Chinese politicians and Russian President Vladimir Putin, among others.
