Panama Papers: Leak firm Mossack Fonseca says it is ‘victim of hack’

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Panama Papers: Leak firm Mossack Fonseca says it is ‘victim of hack’

3:28 CAT | 06 Apr 2016

Reuters / Mr Fonseca said the "only crime" that had been committed was the hack of his firm's servers

A partner at Mossack Fonseca, the Panamanian law firm at the centre of a huge leak of confidential financial data, says it was the victim of a hack.

Ramon Fonseca said the leak was not an “inside job” – the company had been hacked by servers based abroad.

It had filed a complaint with the Panamanian attorney general’s office.

Several countries are investigating possible financial wrongdoing by the rich and powerful after the leak of more than 11 million documents.

“We are amazed that nobody has said: ‘Hey, a crime has been committed here’,” Mr Fonseca, one of the firm’s founding partners, told Reuters news agency.

“The world is already accepting that privacy is not a human right,” he told AFP agency separately.

Last week the company reportedly sent an email to its clients saying it had suffered “an unauthorised breach of our email server”.

Mr Fonseca said the “only crime” that had been committed was the hack of his firm’s servers

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The company has accused media organisations reporting the leak of having “unauthorised access to proprietary documents and information taken from our company” and of presenting this information out of context.

In a letter to the Guardian newspaper on Sunday, the company’s head of public relations threatened possible legal action over the use of “unlawfully obtained” information.

The revelations have already sparked political reaction in several countries where high-profile figures have been implicated.

More on the Panama Papers

On Tuesday Iceland’s Prime Minister Sigmundur Gunnlaugsson stepped down after the documents showed he owned an offshore company with his wife but had not declared it when he entered parliament.

He is accused of concealing millions of dollars’ worth of family assets.

Mr Gunnlaugsson says he sold his shares to his wife, and denies any wrongdoing.

Ukraine’s President Petro Poroshenko reacted on Wednesday to his name being linked to the papers.

e said he had created an offshore holding company for his confectionery business when he became president in 2014 but not to avoid taxes.

He said: “If we have anything to be investigated, I am happy to do that. This is absolutely transparent from the very beginning. No hidden account, no associated management, no nothing.”

Panama Papers – tax havens of the rich and powerful exposed

Eleven million documents held by the Panama-based law firm Mossack Fonseca have been passed to German newspaper Sueddeutsche Zeitung, which then shared them with the International Consortium of Investigative Journalists. BBC Panorama and UK newspaper The Guardian are among 107 media organisations in 76 countries which have been analysing the documents. The BBC does not know the identity of the source
They show how the company has helped clients launder money, dodge sanctions and evade tax
Mossack Fonseca says it has operated beyond reproach for 40 years and never been accused or charged with criminal wrong-doing

Source: BBC