Panama Papers agency says it was the sufferer of a hack

Panama Papers firm says it was the victim of a hack

Rodrigo Arangua/AFP/Getty Pictures

That gigantic Panama Papers leak revealing the typically shady tax haven dealings of the rich? When you ask the regulation agency the info got here from, it is no leak in any respect… it is the fallout from an assault. Mossack Fonseca co-founder Ramon Fonseca tells Reuters that this “is a hack,” not the motion of of a rogue insider. His firm even has a concept behind the hack that it is investigating, however he will not say what that’s — he’ll solely say that the agency has filed a grievance, and that there is a “authorities establishment” wanting into it.

Not surprisingly, Fonseca additionally is not proud of the protection: he says the one confirmed crime here’s a hack, and he maintains that his firm did not do something improper, akin to serving to shoppers dodge taxes. To him, journalists are taking knowledge “out of context” and making a sensationalist frenzy with very actual penalties, comparable to pressuring the Prime Minister of Iceland to resign.

The difficulty, as you may suspect, is that the claims hinge on Fonseca’s phrase. As but, there are not any corroborating particulars surrounding the hack, not to mention a attainable suspect. It is too quickly to say how a lot of that is real concern about scapegoating versus an try and deflect criticism of Mossack Fonseca’s position in storing abroad revenue.