Panamanian VP Says Country Will Hear Calls for Reforms Following Data Leak

By Valentina Pasquali

As media organizations prepare to launch a database of records leaked from a Panama City-based company, a top Panamanian official on Thursday reiterated the country's plans to improve its financial transparency. Last month, the International Consortium of Investigative Journalists (ICIJ) and associated news outlets alleged that 11.5 million documents obtained from law firm Mossack Fonseca indicated the existence of hundreds of thousands of shell companies used for licit and illicit purposes by politicians, wealthy business leaders and criminals. The consortium, which has cited the use of offshore companies by more than a dozen current and former heads-of-state, will for publish...