April 25, 2024

Who said that?

Florida's quote of the day

| 6/21/2018

"The guys you consider as clients do not have the same ethics standards I have."

-- Luis Paulo Mesquita

Mossack Fonseca’s secrets had just been spilled to the world — and clients of the Panamanian law firm’s Miami office were furious.

“You guys had employees arrested in my country because your firm accepts deals with corrupt companies and corrupt politicians in Brazil,” Luis Paulo Mesquita, a São Paulo financier with an offshore company set up by MF, wrote in an April 2016 email to the firm’s employees. “And now, this stupid scandal called Panama Papers!”

The Panama Papers — a partnership between 100 media organizations around the world that analyzed 11.5 million secret Mossack Fonseca documents — exposed the dodgy world of offshore companies, where kleptocrats, drug lords and tax cheats hide their riches scot-free. The 2016 leak also put an unwelcome spotlight on wealthy clients of the firm like Mesquita who had done nothing wrong but sought privacy for their financial affairs.

Read more at the Miami Herald.

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