New Info Surrounding Panama Papers Reveal Mossack Fonseca Were Unable to Identify BOs

A UK Watchdog programme claims to have unearthed undiscovered that Panama-based law firm Mossack Fonseca had no beneficial ownership records for the majority of the companies it administered in Panama and BVI, including Beneficial Ownership information.

While this new source of information comes from a new leak containing 1.2 million documents dating from before the Panama Papers were officially public knowledge in early 2016 and was obtained by the German publishing house who released the information.