Tuesday, March 19, 2024

Venezuela arrests woman in connection with Panama Papers

Date:

Share post:

CARACAS – Venezuelan authorities have arrested a representative of the Panamanian law firm Mossack Fonseca at the centre of the Panama Papers scandal on accusations of seeking clients interested in investing “illicit funds”, state prosecutors said.

Jannet Almeida, who is imprisoned at the headquarters of military intelligence in Caracas, is the second Venezuelan to be arrested in association with the case following the April detention of businessman Josmel Velasquez on money laundering charges.

“The woman was in charge of seeking customers to invest illicit funds in outsourcing-type business arrangements,” the prosecutor’s office said in a statement late on Friday.

Almeida will be charged with illegally obtaining funds in violation of banking regulations, the statement said.

Reuters was not immediately able to obtain comment from Almeida on the case.

A raid on her Caracas home in late May turned up Mossack Fonseca documents and incorporation documents for offshore companies, the prosecutors’ statement said.

News reports based on millions of leaked Mossack Fonseca spurred global criticism that the firm was helping the rich and powerful to use offshore companies to evade taxes and launder money.

Mossack Fonseca, which specialises in establishing companies in tax havens, says it has not violated any laws or destroyed documents. (Reuters)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

PM announces 15 strategies to grow economy

15 Strategies to grow the economy as announced by Prime Minister Mia Amor Mottley in the 2024/25 Financial...

PM: Barbados’ economy on the right track

Prime Minister Mia Amor Mottley says the Barbados economy is on the right trajectory. Delivering the 2024/25 Financial Statement...

Road fatality on East Coast Road

Police are on the scene of a road fatality that occurred on East Coast Road, St. Andrew about...

No new taxes

There will be no new taxes in the 2024/25 Financial Statement and Budgetary Proposals. That was one of the...