Panama Court Acquits 28 in Landmark Panama Papers and Operation Car Wash Cases

Judge cites insufficient evidence and procedural flaws in high-profile money laundering trial involving Mossack Fonseca founders.

All 28 defendants, including Mossack Fonseca's co-founders, were acquitted of money laundering charges.
Judge Marquinez found the evidence did not meet due process standards, questioning its authenticity and integrity.
The Panama Papers leak in 2016 exposed how the wealthy used offshore companies to hide assets, leading to global investigations.
Operation Car Wash, a major anti-corruption probe, was linked to the case but failed to prove illicit funds entered Panama.
Precautionary measures against the defendants have been lifted, and the trial highlighted procedural shortcomings in evidence handling.