Organized crime prosecutors raided the offices of the Mossack Fonseca law firm Tuesday looking for evidence of money laundering and financing terrorism following a leak of documents about tax havens it set up for wealthy international clients.
A half dozen police officers set up a perimeter around the offices while prosecutors searched inside for documents. Shortly after news reports based on a trove of documents from the firm began emerging more than a week ago, Panama's government had said it would investigate.
The attorney general's office said in a statement that the objective of the raid was "to obtain documentation linked to the information published in news articles that establish the use of the firm in illicit activities."
Mossack Fonseca has denied any wrongdoing, saying it only set up offshore financial accounts and anonymous shell companies for clients and was not involved in how those accounts were used. Co-founder Roman Fonseca told The Associated Press on Tuesday that the firm was preparing a statement.