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Over suspicions, Panamanian Housing Bank closed the Eston Trading Ltd account
Posted On 06 Jun 2016
The Panamanian Housing Bank (Banvivienda) decided to close the savings account of Eston Trading Limited, on the grounds that there were not enough backups to justify the entry and exit of money for almost $ 12 million.
The resolution was taken on October 16 and announced to Mossfon Trust, the trust company of Mossack Fonseca (MF), which was responsible for the administrative management and the representation of Eston Trading Limited.
The bank statements of August 2009 appear in the Panama Papers, when Eston Trading received about $ 12 million from Waterway Petroleum, coming from, as indicated by the bills, “a commission for the transfer of the advance payment for the period from October to December 2009.”
