10:47 GMT02 April 2020
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    The Wall Street Journal reported Thursday that one of the founders of Mossack Fonseca denies the fact that company worked for helping high-ranking officials with tax evasion.

    MOSCOW (Sputnik) – One of the founders of Mossack Fonseca, a Panama offshore industry law firm that has been suspected of helping high-ranking officials with tax evasion, defended his company by saying it did nothing wrong, The Wall Street Journal reported Thursday.

    Mossack Fonseca is working through intermediaries and considers it impossible to monitor further activities of the sold offshore companies, Jurgen Mossack stated in an interview with the news outlet.

    "We’re not going to stop the services and go plant bananas or something. People do make mistakes. So do we, and so does our compliance department. But that is not the norm," the 68-year-old law firms’ co-founder stressed.

    On Sunday, the German newspaper Sueddeutsche Zeitung exposed the alleged involvement of a number of former and current world leaders in offshore schemes by publishing materials it claimed came from Mossack Fonseca.

    Mossack Fonseca has refused to validate the information contained in the leaks and accused reporters of gaining unauthorized access to its proprietary documents. It has accused reporters of gaining unauthorized access to its documents and warned that using unlawfully-obtained data was a crime that it would not hesitate to pursue through the courts.


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    employee, offshore, The Wall Street Journal, Mossack Fonseca & Co, Panama
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