A special Panama Papers committee of inquiry has been created by the European parliament and is expected to call high profile officals including Britain’s chancellor and representatives of law firm Mossack Fonseca as it probes potential wrongdoing unveiled by ICIJ and its partners’ investigations.
The 65-member inquiry committee was approved by a vote in the European parliament last week, and will have 12 months to investigate “contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and evasion” revealed by the Panama Papers.
Spokeswoman for the Greens in European Parliament Molly Scott Cato told the Guardian that the committee intended to call ministers, tax officials and bank bosses, including British chancellor George Osborne. A member of parliament from the right-of-center EPP group, Burkhard Balz, told AFP that law firm Mossack Fonseca and the Panama government would also be called to testify.
The European inquiry