The Presidential Daily Brief


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    Prosecutors Raid Mossack Fonseca Headquarters

    They’re going for the gold. The Panamanian law firm, whose leaked records kicked off the Panama Papers scandal that led the prime minister of Iceland to step down over offshore holdings, tweeted that it’s cooperating with the investigation. Organized crime prosecutors with Panama’s government spent hours searching for documents that might prove Mossack Fonseca’s clients were involved in money laundering or financing terrorism. While the law firm insists there’s been no wrongdoing, Panama’s president has promised the international community that he’s willing to implement reforms of the nation’s financial sector. (Photo credit: Dronepicr/Wikimedia Commons)

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