Panama Papers

Panama acquits all defendants in Panama Papers lawsuit- claiming evidence of tax evasion was insufficiently documented to prove corrupt intent

The recent acquittal of all defendants in the Panama Papers lawsuit due to insufficiently documented evidence of corrupt intent is both disheartening and eye-opening. It is a stark reminder that justice, when faced with overwhelming factual evidence, can still find a way to excuse corruption under the guise of procedural flaws. The Panama Papers, one of the most significant financial exposes in modern history, shed light on the intricate web of tax evasion schemes and money laundering that allowed the wealthy to hide billions in wealth while ordinary citizens bore the brunt of paying their dues.

Panama, known for its lax regulations on tax evasion, was a natural choice for those seeking to evade taxes and operate in the shadows.… Continue reading

Panama Papers trial starts, 27 charged in global money-laundering case

Remember when the Panama Papers were leaked, and the world was shocked to learn about the vast network of global money laundering involving some of the wealthiest and most powerful individuals? It’s hard to believe that it has taken this long for the trial to finally start. Nearly a decade later, 27 individuals have been charged in what has been dubbed the “27 for 27” case. The fact that it has taken so long for these individuals to face any consequences is both frustrating and disheartening.

The delay in bringing these individuals to justice raises questions about the effectiveness of our legal system when it comes to holding the wealthy and powerful accountable for their actions.… Continue reading