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Panamanian Court Acquits 28 In Money Laundering Cases

The Supreme Court stands in Panama City, Monday, April 8, 2024 as the trial starts for those charged in connection with the worldwide “Panama Papers” money laundering case. (AP Photo/Agustin Herrera)

A Panamanian court has acquitted 28 individuals who were charged with money laundering in cases related to the Panama Papers and Operation Car Wash scandals. The court order, issued by Judge Baloísa Marquínez, included lifting all precautionary measures against the defendants, with one member of the group reported to have passed away during the legal process.

The Panama Papers, a massive leak of over 11 million documents published by the International Consortium of Investigative Journalists (ICIJ) in 2016, exposed a clandestine network allegedly involving associates of Russian President Vladimir Putin and business connections between a FIFA ethics committee member and individuals indicted for corruption by the United States.

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