German police raid Deutsche Bank's offices in Frankfurt in connection with money laundering allegations that two staff members helped clients set up off-shore businesses as tax havens. Police officers, prosecutors and tax inspectors search six of the bank's offices and seize numerous written and electronic business documents. Deutsche Bank says the investigation stems from the 2016 Panama Papers leak. 2018-11-29
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 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
Philippine presidential candidate Grace Poe releases her full statement of assets, liabilities, and net worth. 2016-05-5
In a letter to the International Consortium of Investigative Journalists, the United States Department of Justice announces it is opening a criminal investigation into tax avoidance schemes exposed by the Panama Papers with U.S. attorney Preet Bharara asking the ICIJ for help. 2016-04-20
British Prime Minister David Cameron releases his tax records in an effort to remove discussion about his personal wealth from the current political discourse. His initial reluctance to admit he had benefited from his late father's offshore Panama Papers holdings still seems to be affecting the upcoming European Union referendum. Unfortunately for the PM, the main Sunday newspapers in the U.K. tell of a gift of 200,000 pounds ($282,500) from his mother in 2011, suggesting it may have been a way of avoiding inheritance tax. 2016-04-10
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
The Prime Minister of Pakistan Nawaz Sharif sets an independent judicial commission to investigate allegations of graft against his family following documents leaked as part of the Panama papers showed his sons owned several offshore accounts. 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