Police in Panama raids Mossack Fonseca headquarters
April 13, Panama City: Police in Panama have raided the headquarters of the law firm at the centre of a massive data leak.
Prosecutors have said that the operation had been carried out at the offices of Mossack Fonseca in Panama City "without incident or interference".
The leaked "Panama Papers" have shown how some wealthy people use offshore firms to evade tax and avoid sanctions.
The firm has denied wrongdoing. It says it is the victim of a hack and that the information is being misrepresented.
Panamanian President Juan Carlos Varela has promised to work with other countries to improve transparency in its offshore financial industry, BBC news reported.
The statement added that searches would also take place at subsidiaries of the firm.
Many other countries are probing possible financial crimes by the rich and powerful in the aftermath of the leak.
Mossack Fonseca partner Ramon Fonseca says the company had been hacked by servers based abroad and has filed a complaint with the Panamanian attorney general's office.
Fonseca served as a minister in Mr Valera's government but stepped aside earlier this year after separate allegations linked the firm to the corruption scandal engulfing the Brazilian state oil company Petrobras.
The Oslo Times