Panama fears “irreparable damage” from Pandora Papers

The government fears that Panama will once again be the epicenter of a new global scandal linked to tax havens, such as the one that took place in 2016, after the disclosure, also by the ICIJ, of the so-called “Panama Papers”.

RIO DE JANEIRO, BRAZIL - The government of Panama fears that the Pandora Papers revelations will again affect its reputation, already seriously damaged by the so-called "Panama Papers," according to a government letter released by local media on Saturday.

"The damage could be insurmountable," warns the Panamanian government in the letter, sent through a law firm to the International Consortium of Investigative Journalists (ICIJ). The letter warns that "any publication" reinforcing "a false perception" of the country as a possible tax haven "will have devastating consequences for Panama and its people."

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