"Panama Papers scandal" redirects here. For the 1892 French corruption affair, see Panama scandals.
For the Pakistani landmark decision, see Panama Papers case.
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The Panama Papers (Spanish: Papeles de Panamá) are 11.5 million leaked documents (or 2.6 terabytes of data) that were published beginning on April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities.[1][2][3][4][5][6] The documents, some dating back to the 1970s,[7] were created by, and taken from, former Panamanian offshore law firm and corporate service provider Mossack Fonseca,[8][9] and compiled with similar leaks into a searchable database.[10]
The documents contain personal financial information about wealthy individuals and public officials that had previously been kept private.[11] The publication of these documents made it possible to establish the prosecution of Jan Marsalek, who is still a person of interest to a number of European governments due to his revealed links with Russian intelligence,[12] and international financial fraudster Harald Joachim von der Goltz.[13] While offshore business entities are legal (see Offshore Magic Circle), reporters found that some of the Mossack Fonseca shell corporations were used for illegal purposes, including fraud, tax evasion, and evading international sanctions.[14]
"John Doe", the whistleblower who leaked the documents to German journalist Bastian Obermayer[15][16] from the newspaper Süddeutsche Zeitung (SZ), remains anonymous, even to the journalists who worked on the investigation. "My life is in danger", the whistleblower told them.[17] In a May 6, 2016, document, Doe cited income inequality as the reason for the action and said the documents were leaked "simply because I understood enough about their contents to realize the scale of the injustices they described".[18][19] Doe had never worked for any government or intelligence agency and expressed willingness to help prosecutors if granted immunity from prosecution.[19] After SZ verified that the statement did in fact come from the source for the Panama Papers, the International Consortium of Investigative Journalists (ICIJ) posted the full document on its website.[20][21]
SZ asked the ICIJ for help because of the amount of data involved. Journalists from 107 media organizations in 80 countries analyzed documents detailing the operations of the law firm.[7] After more than a year of analysis, the first news stories were published on April 3, 2016, along with 150 of the documents themselves.[22] The project represents an important milestone in the use of data journalism software tools and mobile collaboration.
The documents were dubbed the Panama Papers because of the country they were leaked from, but the Panamanian government expressed strong objections to the name over concerns that it would tarnish the government's and country's image worldwide, as did other entities in Panama and elsewhere.[23] Some media outlets covering the story have used the name "Mossack Fonseca papers".[24]
In October 2020, German authorities issued an international arrest warrant for the two founders of the law firm at the core of the tax evasion scandal exposed by the Panama Papers. Cologne prosecutors are seeking German-born Jürgen Mossack and Panamanian Ramón Fonseca on charges of accessory to tax evasion and forming a criminal organization.[25]
In April 2024, 27 former Mossack Fonseca employees, including the two founders, went to trial on money laundering charges in Panama City, Panama.[26][27][28]
^"About the Panama Papers Investigations". International Consortium of Investigative Journalists. January 31, 2018. Archived from the original on July 24, 2020. Retrieved July 17, 2020.
^"Giant leak of offshore financial records exposes global array of crime and corruption". OCCRP. April 3, 2016. Archived from the original on April 4, 2016.
^Schmidt, Michael S.; Myers, Steven Lee (April 3, 2016). "Panama Law Firm's Leaked Files Detail Offshore Accounts Tied to World Leaders". The New York Times. ISSN 0362-4331. Archived from the original on March 29, 2017. Retrieved March 25, 2017.
^""Помогут ли "Панамские документы" расставанию россиян с иллюзиями": СМИ обсуждают последствия "Офшоргейта" для РФ" ["Will the Panama Papers help" parting of Russians with illusions ": the media discuss the consequences of" Offshorgate "for the Russian Federation]. newsru.com (in Russian). April 5, 2016. Archived from the original on April 6, 2016. Retrieved November 17, 2020.
^""Вашего покорного слуги там нет": Путин прокомментировал "Панамские документы"" ["Your humble servant is not there": Putin commented on the "Panama Papers"]. newsru.com (in Russian). April 7, 2016. Archived from the original on April 10, 2016. Retrieved November 17, 2020.
^O'Donovan, James; Wagner, Hannes F; Zeume, Stefan (February 11, 2019). "The Value of Offshore Secrets: Evidence from the Panama Papers". The Review of Financial Studies. 32 (11): 4117–4155. doi:10.1093/rfs/hhz017. hdl:10.1093/rfs/hhz017. ISSN 0893-9454.
^ abCite error: The named reference Guardian: how the rich was invoked but never defined (see the help page).
^Vasilyeva, Natalya; Anderson, Mae (April 3, 2016). "News Group Claims Huge Trove of Data on Offshore Accounts". The New York Times. Associated Press. Archived from the original on January 11, 2020. Retrieved April 4, 2016.
^Kenton, Will. "What Are the Panama Papers?". Investopedia. Archived from the original on June 8, 2020. Retrieved June 8, 2020.
^"ICIJ Offshore Leaks Database". International Coalition of Investigative Journalists. Retrieved February 12, 2023.
^
International Consortium of Investigative journalists (April 3, 2016). "A new ICIJ investigation exposes a rogue offshore industry". Archived from the original on May 13, 2016. Retrieved May 12, 2016.
^Murphy, Paul; Jones, Sam; Warrell, Helen (July 10, 2020). "From payments to armaments: the double life of Wirecard's Jan Marsalek". Financial Times. Retrieved July 19, 2020.
^Will Fitzgibbon,"FROM FRONT PAGES TO PRISON TIME: BEHIND THE SCENES OF A PANAMA PAPERS CRIMINAL CASE". icij.org. April 3, 2021. Retrieved August 19, 2022.
^"Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption". The Panama Papers. The International Consortium of Investigative Journalists – ICIJ. April 3, 2016. Archived from the original on May 11, 2016. Retrieved May 8, 2016.
^Clark, Nicola (April 5, 2016). "How a Cryptic Message, 'Interested in Data?,' Led to the Panama Papers". The New York Times. ISSN 0362-4331. Archived from the original on August 15, 2016. Retrieved August 12, 2016.
^"How two German newspaper reporters broke the story behind the Panama Papers". July 12, 2016. Archived from the original on August 9, 2016. Retrieved August 12, 2016.
^Garside, Juliette (April 16, 2016). "Panama Papers: inside the Guardian's investigation into offshore secrets". The Guardian. Archived from the original on May 6, 2016. Retrieved May 6, 2016.
^Shane, Scott; Lipton, Eric (May 6, 2016). "Panama Papers Source Offers to Aid Inquiries if Exempt From Punishment". The New York Times. ISSN 0362-4331. Retrieved August 14, 2021.
^ abKottasova, Ivana (May 6, 2016). "Panama Papers' 'John Doe' says inequality concerns drove leak". CNNMoney. Retrieved August 14, 2021.
^"Panama Papers: Source breaks silence on Mossack Fonseca leaks". BBC News. May 6, 2016. Archived from the original on May 6, 2016. Retrieved May 6, 2016.
^"Panama Papers Source Offers Documents To Governments, Hints At More To Come". ICIJ. May 6, 2016. Archived from the original on May 7, 2016. Retrieved May 8, 2016.
^"DocumentCloud 150 Results Source: Internal documents from Mossack Fonseca (Panama)". DocumentCloud. Investigative Reporters and Editors, Inc. Archived from the original on March 19, 2017. Retrieved May 18, 2016.
^"Panama Papers: the scandal that damaged the image of a country". www.panamatoday.com. Archived from the original on September 27, 2018. Retrieved December 6, 2018.
^Sources using the term "Mossack Fonseca papers":
Robertson, Joshua; Farrell, Paul (April 4, 2016). "How a Hong Kong corruption scandal sparked strife at Mossack Fonseca". The Guardian. Sydney, Australia. Archived from the original on May 5, 2016. Retrieved May 2, 2016.
"Modigliani work sequestered as Mossack Fonseca papers reveal disputed owners". The Irish Times. April 11, 2016. Archived from the original on June 4, 2016. Retrieved May 2, 2016.
(This source appears to use both the term "Panama Papers" ["the leaked Panama Papers"] and the term "Mossack Fonseca papers"): "Two INM board members linked with Panama papers". Raidió Teilifís Éireann. April 19, 2016. Archived from the original on April 22, 2016. Retrieved May 2, 2016.
^Obermaier, Frederik; Obermayer, Bastian; Schmitt, Jörg (October 19, 2020). "Panama Papers: Haftbefehle gegen Mossack-Fonseca-Gründer". Süddeutsche.de. Retrieved October 24, 2020.
^Pegg, David (April 9, 2024). "Panama Papers: trial begins of 27 Mossack Fonseca employees". The Guardian. ISSN 0261-3077. Retrieved April 10, 2024.
^"Panama Papers: Money laundering trial of 27 defendants begins". www.bbc.com. Retrieved April 10, 2024.
^"Panama Papers trial begins with denials eight years after historic tax evasion exposé - ICIJ". April 8, 2024. Retrieved April 10, 2024.
The PanamaPapers (Spanish: Papeles de Panamá) are 11.5 million leaked documents (or 2.6 terabytes of data) that were published beginning on April 3,...
The PanamaPapers case (officially titled Imran Ahmed Khan Niazi v. Muhammad Nawaz Sharif), or the Panamagate case, was a 2017 landmark decision by the...
to offshore tax havens from the law firm Mossack Fonseca, called the PanamaPapers. Argentine President Mauricio Macri is listed as head of a trading company...
nations including Panama, Switzerland and the United Arab Emirates. The size of the leak surpassed their previous release of the PanamaPapers in 2016, which...
Süddeutsche Zeitung, which had also obtained the PanamaPapers in 2016. According to the BBC, the name "Paradise Papers" reflects "the idyllic profiles of many...
(SZ) and the reporter who received the PanamaPapers from an anonymous source as well as later on the Paradise Papers, together with his colleague Frederik...
Panama (/ˈpænəmɑː/ PAN-ə-mah, /pænəˈmɑː/ pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] ), officially the Republic of Panama, is a country in Latin America...
services. From its establishment in 1977 until the publication of the PanamaPapers in April 2016, the company remained mostly obscured from public attention...
colleague Bastian Obermayer in 2016 he initiated and coordinated the PanamaPapers-revelations. Frederik Obermaier's work focuses largely on corruption...
Tina Turner (born Anna Mae Bullock; November 26, 1939 – May 24, 2023) was a singer, songwriter, and actress. Known as the "Queen of Rock 'n' Roll", she...
Eldrick Tont "Tiger" Woods (born December 30, 1975) is an American professional golfer. He is tied for first in PGA Tour wins, ranks second in men's major...
commercial version of Linkurious and Neo4j in the investigation of the Panamapapers, uncovering 4.8 million leaked files consisting of emails, 3 million...
Washingtonpost.com. 12 October 2004. Retrieved 4 January 2014. "About the PanamaPapers". Sueddeutsche Zeitung. Süddeutsche Zeitung. Retrieved 10 June 2018...
such as the Houthis in Yemen. King Salman has been implicated in the PanamaPapers leaks, with two companies originating in the British Virgin Islands...
Vishal Veeru Devgan (born 2 April 1969), known professionally as Ajay Devgn, is an Indian actor, film director, and producer who works primarily in Hindi...
organization and was later granted 501(c)(3) nonprofit status. The PanamaPapers were the result of a collaboration with the German newspaper Süddeutsche...