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Montevideo, September 26th 2018 - 05:34 UTC

US looking for evidence of corruption and violation of US law in Panama Papers

Tuesday, April 5th 2016 - 05:53 UTC
Full article 9 comments
 “The US Department of Justice takes very seriously all credible allegations of high level, foreign corruption that might have a link to the US” said Peter Carr “The US Department of Justice takes very seriously all credible allegations of high level, foreign corruption that might have a link to the US” said Peter Carr
White House spokesman Josh Earnest said US experts can determine whether the financial transactions disclosed in documents violate US sanctions or other US laws. White House spokesman Josh Earnest said US experts can determine whether the financial transactions disclosed in documents violate US sanctions or other US laws.

The United Stated Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a department spokesman said on Monday. The department is determining whether the documents point to evidence of corruption and other violations of US law.

 “The US 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 US financial system,” said Peter Carr, spokesman for the Justice Department's criminal division.

Carr declined to comment further on the specifics of the documents.

The International Consortium of Investigative Journalists published an investigation into documents from the Panama-based Mossack Fonseca law firm, which specializes in creating offshore accounts.

The “Panama Papers” revealed financial arrangements of tens of thousands of rich and powerful people, including friends of Russian President Vladimir Putin, relatives of the prime ministers of Britain, Iceland and Pakistan, the president of Ukraine and close friends to Latin American leaders.

Following the leak, the White House said the United States values greater transparency in international financial transactions, but did not offer specific comment on the reported allegations.

“In spite of some of the lack of transparency that exists in many of these transactions, there are determined experts, at both the Department of Treasury and the Department of Justice who can examine these transactions,” White House spokesman Josh Earnest said.

Earnest said US experts can determine whether the financial transactions disclosed in the documents violate US sanctions or other US laws.

United States is one of several countries, such as Spain, France, Australia that have asked to check the documents.

Top Comments

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  • Briton

    Thousands on that list,
    today the Icelandic prim minister resigned,

    David says its nothing to do with him and has never benefited from it,
    corbyn says all will come out in the wash.

    Apr 05th, 2016 - 07:25 pm 0
  • Troy Tempest

    CFK is named.

    Apr 05th, 2016 - 08:11 pm 0
  • Briton

    Some say, THINK is there somewhere.

    Apr 05th, 2016 - 11:32 pm 0
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