You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Panama Papers Trial Kicks Off 8 Years After Tax Evasion Scandal

HeadlineApr 09, 2024

The trial for 27 people charged in connection with the Panama Papers scandal began Monday in Panama City — eight years after the massive data leak. In 2016, an international team of journalists published millions of documents exposing how the Panama-based Mossack Fonseca law firm set up a global network of shell companies for some of the wealthiest people in the world — heads of state and other elites — to hide money offshore, avoiding taxes and oversight. The leak prompted the resignation of Iceland’s prime minister and implicated other world leaders, including former British Prime Minister David Cameron and Russian President Vladimir Putin. Those currently on trial include the founders of the now-defunct Mossack Fonseca law firm. The Panama Papers represent just a fraction of the trillions of dollars hidden away, often illegally, in offshore tax havens.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top