Switzerland is the only country that declined an invitation from the German police to sift through the leaked Panama Papers that detail the activities of global banks and financial intermediaries on behalf of wealthy clients. The SonntagsZeitung reports that 16 other countries sent police and prosecutors to Wiesbaden,Germany, final September to glean evidence of potential offences. The documents were leaked from a Panamanian law firm to the International Consortium of Investigative Journalists. They contain details of how wealthy people arranged their finances, or often through layers of shell companies and other opaque legal structures. The revelations have led to several investigations into suspected money laundering or tax evasion schemes. But Switzerland refused to send any officials to Germany final year. A spokesperson for the Swiss federal police said officers are in contact with German counterparts. But German police told the newspaper that they have not received any request ...
Source: swissinfo.ch