Prosecution investigates three cases arising from the “Panama Papers”

Following the worldwide scandal called “Panama Papers,” the Ecuadorian Prosecutor´s office opened three investigations to determine crimes related to money laundering, tax fraud and influence peddling.

The first case is a possible tax fraud committed through the operations of consultanting firm that would have links with the Panamanian consortium Mossack Fonseca and whose operation center was in Quito.

In this preliminary investigation the authorization of a judge for the extraction of information from the laptops and cell phones found in an office that was raided last April 12 was obtained.

An analysis on documents and bank accounts managed by that firm was also requested to the Financial Analysis Unit (UAF for its Spanish acronym).

Petroecuador would have granted contracts to those beneficiary companies between June 2006 and April 2016.

Source: http://www.larepublica.ec/blog/politica/2016/07/13/fiscalia-investiga-tres-casos-derivados-de-los-papeles-de-panama/#prettyPhoto