Deutsche Bank Prosecutors Seize Massive Client List During ‘Panama Papers’ Raid

Original post

Prosecutors in Frankfurt seized a list of more than 900 Deutsche Bank clients in a tax evasion case known commonly as the “Panama Papers,” a set of leaked documents which resulted in a raid at the German bank’s headquarters in November, according to Bloomberg

The list is said to contain names of individuals and entities mostly located outside Germany, while the raid was focused on the role of a former Deutsche Bank wealth management entity located in the British Virgin Islands.

The Panama Papers showed that Deutsche Bank employees may have helped customers set up off-shore companies in tax havens, prosecutors said at the time.

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