Law firm Mossack Fonseca is at the heart of the Panama Papers. The Panama Papers created a stir worldwide last year when German newspaper the Süddeutsche Zeitung (SZ), along with the International Consortium of Investigative Journalists (ICIJ), published details of the 11.5 million leaked documents from Panamanian law firm Mossack Fonseca. The criminal investigations agency is sharing the data with Hesse state finance authorities for review, and they will then pursue criminal and fiscal findings based on this analysis. The Finance Ministry itself has been involved in the purchase of so-called “tax cheat” CDs, which list bank account holders in foreign tax havens, like Switzerland. Such purchases have upset Swiss authorities, and discovering which German tax investigators had bought CDs was reportedly the mission of a Swiss spy arrested earlier this year in Frankfurt.

Source: The Local July 05, 2017 12:22 UTC