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Panama To Set Up Team To Fortify Transparency

Panama To Set Up Team To Fortify Transparency – “We’re not going to stop the services and go plant bananas or something,” Mossack, 68 told the Journal. “People do make mistakes. So do we, and so does our compliance department. But that is not the norm.”

The release of the huge trove of data exposing several offshore accounts of world leaders and companies has prompted the Panamanian government to form an international committee of experts to propose ways to improve in the country’s offshore financial industry, the Associated Press (AP) reported Thursday. Mossack Fonseca, the law firm at the heart of accusations,…

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