Panamanian law firm Mossack Fonseca announces that it is shutting down due to the economic and reputational damage inflicted by its role in the global tax evasion scandal. 2018-03-14
Philippine candidate Grace Poe denies she will give way in favor of administration bet Mar Roxas 2016-05-5
Philippine senator and former coup plotter Antonio Trillanes warns that a coup d'etat may occur if Rodrigo Duterte wins the presidential elections. 2016-05-5
Prime Minister of Pakistan Nawaz Sharif bows to opposition demands that he ask Pakistan's chief justice to set up an independent commission to investigate offshore accounts linked to his family. Sharif said he would accept the commission's findings and even resign if called upon. 2016-04-23
El Salvador officials seize documents and equipment during a raid of the local offices of Panamanian law firm Mossack Fonseca. Attorney General Douglas Melendez says authorities interviewed seven employees, and confiscated 20 computers and some documents. 2016-04-8
Jürgen Mossack, co-founder of the Mossack Fonseca law firm, resigns from an honorary, unpaid post on the National Council of Foreign Relations, which advises Panama's government on foreign policy. 2016-04-7
The government of Panama announces that it is creating an "international panel" to help improve transparency in its offshore financial industry. The move follows the leak of millions of documents from law firm Mossack Fonseca, showing it helped some clients evade tax and avoid sanctions. 2016-04-7
Imee Marcos (daughter of Ferdinand and Imelda Marcos and sister of vice presidential candidate Bongbong Marcos), her three sons, and JV Ejercito (son of Manila mayoral candidate Joseph Estrada) are among hundreds of Filipino celebrities and politicians implicated for laundering money in tax havens. 2016-04-5
Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson refuses to resign after leaked "Panama Papers" tax documents showed he and his wife used an offshore firm to allegedly hide million-dollar investments. "I have not considered quitting because of this matter nor am I going to quit because of this matter," Gunnlaugsson told Icelandic television Channel 2. 2016-04-4
The documents, 2.6 terabytes of information, were obtained more than a year ago from an anonymous source by the German newspaper "Süddeutsche Zeitung". Journalists from more than 80 countries have been working with this data. The documents expose holdings of 12 current and former world leaders, and 128 more politicians and public officials worldwide. The national leaders named include Pakistan Prime Minister Nawaz Sharif; Ukraine's President Petro Poroshenko, and Iceland's Prime Minister Sigmundur Davíð Gunnlaugsson. 2016-04-3