Arrest warrants issued for founders of Panama Papers firm: report

Germany has issued international arrest warrants for the two founders of the firm at the centre of the tax haven scandal exposed by the Panama Papers data leak, German media reported.

Mossack Fonseca founders Juergen Mossack and Ramon Fonseca, suspected of tax evasion and associating with criminals, will be arrested if they enter the European Union, German newspaper Sueddeutsche Zeitung reported late Monday.

The two men hold Panamanian passports and are currently in the Caribbean archipelago which does not have any extradition treaties, the newspaper said.

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