US Justice Dept and Foreign Officials Respond to Panama Papers

The massive data leak from the law firm Mossack Fonseca on April 3 revealed how the rich hide their money offshore, the U.S. Justice Department and foreign officials weighed in.
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US Justice Dept and Foreign Officials Respond to Panama Papers
View of a sign outside the building where Panama-based Mossack Fonseca law firm offices are placed in Panama City on April 3, 2016. (Rodrigo Arangua/AFP/Getty Images)
4/4/2016
Updated:
4/4/2016

The massive data leak from Panama-based law firm Mossack Fonseca on April 3 revealed how the rich and powerful hide their money offshore. 

No big names have popped up yet when it comes to the U.S., but the breached data reported 3,072 companies, 441 clients, 221 beneficiaries, and 3467 shareholders related to the U.S.

U.S. Justice Department

Peter Carr from the U.S. Justice Department said in a statement, “We are aware of the reports and are reviewing them. While we cannot comment on the specifics of these alleged documents, the U.S. Department of Justice takes very seriously all credible allegations of high level, foreign corruption that might have a link to the United States or the U.S. financial system.”

Other foreign officials also weighed in. 

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