Mossack Fonseca, the law firm at the center of the Panama Papers investigation, argued that the documents were obtained illegally and, therefore, the investigation is constitutional. In Panama, the law firm was able to suspend the investigation with that argument, reports Deutsche Welle.
Let’s quickly go over the background. Some 2.6 Terabytes of the firm’s data were obtained and provided to International Consortium of Investigative Journalists (ICIJ), which released a report and all of the documents to the world. The data included 11.5 million documents that contained how the firm helped the wealthy all around the world form shell corporations to hide wealth and avoid taxes in tax havens with complicated organizational structures to elude tax authorities. The fallout included ousting of national leaders and revelation of unlikely political connections.
This does not stop investigations in other nations of their subjects, but it does crimp some of the investigations because Panama is one of the major sources of those investigations because of its status as original jurisdiction.