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Bolivia to investigate companies linked to Panama Papers

May 10, 2016 - 12:14 PM

LA PAZ, Bolivia - Bolivian officials say the country's Congress will investigate 95 offshore companies listed in the latest "Panama Papers" leak.

The companies appeared Monday in a release of offshore companies and other financial data by the International Consortium of Investigative Journalists.

Bolivian Vice-President and Congress leader Alvaro Garcia said Tuesday the scandal involves businessmen of "suspicious origins." He said he would request ask that a special legislative commission will probe their role in the offshore accounts.

The tax agency will also investigate possible economic damage against the Bolivian state.

Some of the companies are linked to Branko Marinkovic. The soybean magnate has been one of President Evo Morales' chief political rivals. Marinkovic fled Bolivia after leading a failed revolt against Morales in the eastern state of Santa Cruz in 2007-2008.

News from © The Associated Press, 2016
The Associated Press

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