The revelation of #PanamaPapers, detailing the off-shore structures of many wealthy clients, is a “crime” and an “attack” on Panama, the law firm at the heart of the scandal has said.
“This is a crime, a felony,” Ramon Fonseca, one of the founders of the Panamanian firm Mossack Fonseca, said on Sunday.
“This is an attack on Panama because certain countries don’t like it that we are so competitive in attracting companies,” he told AFP.
On April 1, Mossack Fonseca & Co warned its clients of a media expose, saying its servers had been compromised.
“Information has been accessed from our files and has fallen into the hands of reporters from certain media outlets… We have responded in a general manner and have not provided details that would further expose confidential information.”
Further, the company warned its clients that reporters from across the globe could attempt to contact them.
“We believe they are also attempting to contact individuals whose information is contained in the materials illegally taken from the content of emails that have been exposed.”
The company claims to have filed legal complaints with regard to the leaks.
On Sunday night, The Indian Express, along with several other news organisations across the globe, released the first set of files in the #PanamaPapers.
The biggest till date, the #PanamaPapers has seen the leak of over 11 million documents of the law firm, which features over 500 Indians linked to offshore firms.
The 8-month investigation by a team of The Indian Express led by Ritu Sarin, Executive Editor (News & Investigations).
Below are screenshots of the email sent by the law firm