Almost eight weeks after the release of “Panama Papers” financial firm Mossack Fonseca has announced the abandonment of their offices in three British tax havens. “With great regret” they conclude, after more than 20 years their offices in Jersey, the Isle of Man and Gibraltar, said the Panamanian company on Friday.
ls reason was Mossack Fonseca a strategy to “consolidate our office network” on. Nevertheless, the company will continue to “all” available to customers.
Mossack Fonseca is at the center of the scandal to shell companies, which had been uncovered by the “Panama Papers”. By evaluating eleven million documents a worldwide network of journalists had revealed how the firm dozens top politicians, sports stars and other celebrities helped to avoid paying taxes. The revelations called global tax investigators on the scene.