One of the founders of the Panama company Mossack Fonseca Ramon Fonseca called the leaked documentsthat shed light on a huge network of offshore companies and cast a shadow on a number of global leaders, “a criminal offense” and “attack” at Panama, reports Sky News.
“This is a crime, a criminal offense. Privacy is a fundamental human right, which has increasingly eroded in the modern world,” he said.
Fonseca emphasized that “everyone has the right to respect for private life, be he king or beggar.” He also said that the company don’t have thoughts about who could leak that he characterized as “limited hacking”. Fonseca also added that previously, Mossack Fonseca has never been “convicted or accused of any wrongdoing”.
Leaking huge archives of sensitive documents were at disposal of the largest world mass media, has shed light on a huge network of offshore companies used by, among others, a number of politicians, officials and athletes. The document contains references to 72 current or former heads of state. The main part of the investigation devoted to the environment of the President of Russia Vladimir Putin, as well as tax maneuvers his Ukrainian counterpart Petro Poroshenko.
– Offshore and found my wife Peskov grooves
ICIJ, in particular, notes that in documents there is evidence that the family of President of China XI Jinping, specifically his cousin, owns one of the offshore companies since 2009, and its state is estimated in the millions of dollars.
Relatives of Azerbaijan’s President Ilham Aliyev used a Panamanian company to own shares in gold mines, as well as London real estate. Customer Mossack Fonseca was even the son of Egypt’s former President Hosni Mubarak, despite the fact that by the time he was accused of corruption in his homeland.
Thanks to the offshore career has made Prime Minister of Iceland David Gunnlaugsson. Entering Parliament in 2009, he hid his property in the British virgin Islands. When employees ICIJ tried to clarify the situation, he refused to answer, reproached journalists in unfounded accusations.
In “the Panama document” proved the actor Jackie Chan, footballer Lionel Messi, but the journalists emphasize the fact of the presence of the offshore company is not illegal, and its creation is sometimes a very logical step. Another issue is that often the offshore companies are used for complex circuits, whose purpose – to hide questionable acquired by the state and evade taxes.
Governments and institutions around the world have responded to data breaches, reports Sky News. In particular, the President of Panama, Juan Carlos Varela has promised that the government was prepared to “vigorous” cooperation with the courts on cases that might be filed in connection with the investigation.
The head of Britain’s tax and customs service (HMRC) Jenny Granger said that her Department “got a lot of information about offshore companies, including in Panama,” and is currently engaged in “intense investigation”.
Similar statements were made by the authorities in Australia and New Zealand.
The Australian tax office will conduct a large-scale investigation involving more than 800 citizens of the country due to the fact that their names are mentioned in documents from the Panamanian firm Mossack Fonseca, published by journalists, reports Reuters.