Panama: Judge dismisses all charges in Panama Papers, Operation Car Wash cases

Source: United Press International

“A Panamanian court acquitted all 28 people charged with money laundering connection with the Panama Papers and Operation Carwash scandals. On Friday in Panama City, Judge Baloisa Marquinez declared the evidence considered by the court did not meet due process and was ‘not sufficient’ to prove criminality, ending the trial that began in April. … The Panama Papers represent the largest data breach in history. More than 11 million Mossack Fonesca documents were leaked to German newspaper Sueddeutsche Zeitung and shared with the International Consortium of Investigative Journalists in 2016. … The documents allegedly exposed a clandestine network of the world’s richest and most powerful people using tax havens to hide their wealth. … Operation Carwash was a money laundering investigation into Brazilian oil company Petrobras.” (06/29/24)