'The cat's out of the bag'published at 08:26
It appears that Jurgen Mossack and Ramon Fonseca - the co-founders of the now notorious Panamanian law firm - tried to do some damage limitation last week by giving an interview to Bloomberg, external.
"The cat’s out of the bag,” Mr Mossack said in a four-hour interview with Blake Schmidt, external. “So now we have to deal with the aftermath.”
Meanwhile, Mr Fonseca tells the Financial Times, external: “I don’t expect this to lead to one single legal case.”
He insists that the law firm did not know the identity of its end-clients, particularly in the early days: “It’s like if you buy a car and sell it to a dealership and it sells it to a woman who kills someone - the factory isn’t responsible.”
We are not entirely sure how successful their media relations strategy will prove to be.