Mexican authorities said they will investigate a total of 33 businessmen and former government officials in connection with the "Panama Papers" corruption scandal.
The Panama Papers
The government SAT tax agency chief Aristoteles Nuñez said that even if their money is of lawful origin, they can be forgiven if they return their capital to the country, pay taxes and spend their funds for at least three years of productive investment.
Audits are already being done of 18 people, while two others are the subjects of requests for information from other countries, Nuñez added, but gave no names.
The “Panama Papers” scandal was unveiled after a massive leak of documents from Panamanian law firm Mossack Fonseca, which specializes in establishing shell companies.
The case has ensnared high-level businessmen, politicians and all kind of celebrities across the globe in money laundering and tax evasion.
Mexican authorities have only revealed some names, among them Juan Armando Hinojosa, a big-money businessman who’s been dubbed the Mexican president’s “favorite contractor.”
Hinojosa was involved in the so-called “white house” scandal at the end of 2014 when a journalistic investigation led by Carmen Aristegui revealed President Enrique Peña Nieto’s wife had bought a $7 million mansion owned by Hinojosa’s construction firm Grupo Higa.