Panama's public prosecutor says he can't find any evidence of Mossack-Fonseca's lawbreaking

Following Tuesday's raid on disgraced offshore incorporation lawfirm Mossack-Fonseca, Panama's public prosecutor has announced that he can't find any evidence of wrongdoing in the firm's files.

The Panama Papers revealed that Mossack-Fonseca helped launder payments to people on sanctions list, including North Korean nationals.

"Right now we don't have any strong evidence allowing us to take any sort of decision against the firm Mossack Fonseca," the prosecutor, Javier Caraballo, told reporters…

"The information we have collected is what will permit us to have evidence to take a decision later on," Caraballo said.

'No case' for prosecution of Panama Papers law firm – lawyer

(via Naked Capitalism)

(Image: Reuters/Carlos Jassos)