In a striking verdict for a money-laundering case associated with the Panama Papers scandal, a Panamanian judge on Friday acquitted all 28 defendants, among them former employees of the law firm Mossack Fonseca, the source of the leaked documents that set off a worldwide furor in 2016.
The verdict came eight years after a partnership of media outlets published an explosive investigation into 11.5 million documents leaked from the Panama-based firm.
The leak exposed the offshore banking industry, prompted international tax investigations and brought down heads of state.
Among the original 29 defendants were the shuttered firm’s co-founders, Jürgen Mossack, 76, and Ramón Fonseca, who died in May at age 71 while awaiting the verdict.
In her 339-page ruling, the judge, Baloísa Marquínez, said that the case against Mr. Fonseca was dropped because of his death.
Persons:
Mossack Fonseca, Jürgen Mossack, Ramón Fonseca, Baloísa Marquínez, Fonseca
Locations:
Panama, Panamanian