CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Americas

Panama pledges to work with France to fight money-laundering

Published: 09 Apr 2016 - 12:00 am | Last Updated: 05 Nov 2021 - 10:36 pm
Peninsula

Panamanian President Juan Carlos Varela delivers a speech at Bolivar Palace after a meeting with foreign ambassadors following the massive leak coming from Mossack Fonseca, in Panama City, on April 6, 2016. Diplomats accredited to the small Central American nation were called in to hear Varela and other officials argue that it was unfair to single out Panama in the expanding scandal. The massive leak of 11.5 million tax documents exposed the secret offshore dealings of aides to Russian president Vladimir Putin, world leaders and celebrities including Barcelona forward Lionel Messi. AFP / RODRIGO ARANGUA

 

Panama City:  Panama's President Juan Carlos Varela assured his French counterpart Francois Hollande in a phone call Friday his country was committed to cooperating in the fight against money-laundering, his office said.

 

Varela, whose government is reeling from the so-called Panama Papers leaks, spoke with Hollande after France announced it was putting his country back on its list of those that do not cooperate in efforts to track down tax dodgers.

Varela emphasized the country's "commitment to continue cooperating with the international community in the fight against the improper use of financial and corporate services," the presidency said.

AFP