Truth Technologies News

08-10-2016 - Anti-Money Laundering

Panama Papers Update

Professors Mark Pieth and Joseph Stiglitz, the two international experts appointed by the Panamanian government to investigate the use of offshore companies to evade taxes as part of the Panamanian government’s attempt to rehabilitate Panama’s image after the fallout of the Panama Papers, quit on Friday because of government interference in their investigation. Apparently, the Panamanian government insisted on pre-approving all findings of the two-man panel.

Professor Mark Pieth is the Char of the Basel (Switzerland) Institute on Governance. Professor Joseph Stiglitz is a Columbia University economics professor and Nobel Prize winner.

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