panama scandal

Police have raided the Mossack Fonseca office in their second raid of the week. The police seized documents, computers and talked to some of the staff at the office, but none of them were arrested.

El Salvador Attorney General Douglas Melendez oversaw the raid after the sign of the office were recently removed, raising suspicion. The AG said that all the documents and computer confiscated during the raid will be analysed in the coming days.

                      

The co-founder of Mossack Fonseca, Jurgen Mossack resigns from  Mossack Fonseca, also the Iceland PM, CEO of Austrian bank, FIFA ethics judge have all resigned due to the Panama scandal. The PM of UK, David Cameron is also under fire as protesters asked him to resign as PM after his late father's name was found in the document, and he had a stock in his company, though he had sold it before becoming the UK Prime Minister.

Ramon Fonseca currently runs the company and said that the company did not break any law and all actions are conducted legally.

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