Panama Papers a hack, not leak: Mossack Fonseca co-founder

(From Reuters)

The Panamanian lawyer at the center of a data leak scandal that has embarrassed a clutch of world leaders said his firm was a victim of a hack from outside the company, and he has filed a complaint with state prosecutors.

Ramon Fonseca

Ramon Fonseca

Founding partner Ramon Fonseca said the firm, Mossack Fonseca, which specializes in setting up offshore companies, had broken no laws and that all its operations were legal. Nor had it ever destroyed any documents or helped anyone evade taxes or launder money, he added.

Company emails, extracts of which were published in an investigation by the U.S.-based International Consortium of Investigative Journalists and other media organizations, were “taken out of context” and misinterpreted, he added.

“We rule out an inside job. This is not a leak. This is a hack,” Fonseca, 63, said at the company’s headquarters in Panama City’s business district. “We have a theory and we are following it,” he added, without elaborating.

“We have already made the relevant complaints to the Attorney General’s office, and there is a government institution studying the issue,” he added. Read More



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