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Prosecutors Seek 12-year Sentences For 'Panama Papers' Accused

Panama Prison Mossack Fonseca

Lawyer Jurgen Mossack has insisted he is 'not responsible' for the crimes he stands accused of in the 'Panama Papers' case (Credit: AFP)

The prosecution sought 12-year prison sentences Wednesday for the founders of a now-defunct law firm at the center of the so-called "Panama Papers" tax evasion scandal.

Jurgen Mossack and Ramon Fonseca stand accused of money laundering in a trial that opened against them and more than two dozen others, mainly former employees, in a court in Panama City last week.

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