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Weekly Roundups: Mossack Fonseca Leaker Offers Aid to Investigators, Panamanian Mogul Accused of Money Laundering, and More
printThe anonymous individual who leaked documents from Panama City-based law firm Mossack Fonseca has promised to help law enforcement officials win convictions related to the allegations outlined in recent reports if granted immunity from prosecution, The New York Times reported. More "Banks, financial regulators and tax authorities have failed," the person said in a statement. More The U.S. Treasury Department blacklisted Panama-based Balboa Bank & Trust and other alleged participants in a money laundering network purportedly led by Nidal Waked Hatum and Abdul Waked Fares, and used by narcotics traffickers. The network utilized 68 companies with links to real estate,...
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