Police in Germany have raided the offices of Deutsche Bank in connection with the Panama Papers revelations and as part of an investigation into alleged money laundering. The bank said it believed it had previously handed over to the authorities all relevant information in the Panama Papers case. Records from the Panamanian law firm Mossack Fonseca were the basis of the Panama Papers investigation and included more than 10m documents. “Almost three years on, and law enforcement are still relying on the Panama Papers for their work. The investigation is separate from another money laundering scandal surrounding the Danish lender Danske Bank, where Deutsche Bank is involved.

Source: The Guardian November 29, 2018 11:41 UTC