October 20 – Germany has issued international arrest warrants for the two founders of the firm at the centre of the tax haven scandal exposed by the Panama Papers, according to German media.
Mossack Fonseca founders Juergen Mossack, a German-born lawyer, and Ramon Fonseca are suspected of tax evasion and associating with criminals and will be arrested if they enter the European Union, German newspaper Sueddeutsche Zeitung reported. Both hold Panamanian passports.
The Panama Papers, which hit the headlines in 2016, comprised 11 million leaked documents that provided detailed information about more than 214,000 offshore companies listed by Mossack Fonseca, prompting a raft of investigations across the globe into potential tax evasion and money laundering.
Two years ago Mossack Fonseca said they were shutting down, blaming the economic and reputational damage inflicted by the revelations which showed how the rich and powerful have for decades used offshore corporations to evade taxes.
One of those implicated was FIFA president Gianni Infantino who has persistently shrugged of allegations of signing a contract, when he was at UEFA, with two of the parties subsequently indicted in the FIFAGate scandal.
Infantino’s signature was reportedly on a deal with Argentine father and son Hugo and Mariano Jinkis, owners of offshore company Cross Trading, which held Uruguayan broadcast rights to the Champions League.
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