Panama Court Acquits All 28 Accused of Money Laundering Charges

The Panama Papers scandal, which involved the now-defunct law firm Mossack Fonseca, has led to several developments. Jurgen Mossack and Ramon Fonseca, two key figures in the scandal, were initially accused of money laundering charges but have since been cleared by a court in Panama. The acquittal was based on evidence taken from the firm's servers not being gathered in line with due process, as well as insufficient and non-conclusive evidence presented against them. The Panama Papers themselves are a collection of 11 million leaked documents published by the International Consortium of Investigative Journalists (ICIJ) in 2016. The documents allegedly revealed a clandestine network involving associates of Russian President Vladimir Putin and business ties between a member of FIFA's ethics committee, among other revelations about how some of the world's richest people use tax havens to hide their wealth.