Final report of the Panama Papers Committee of Inquiry: European governments heavily accused for failure

The European Parliament’s Committee of Inquiry into money laundering, tax avoidance and tax evasion (PANA) today voted its final report by a majority. The results of the investigation and the political recommendations will have to be endorsed by the plenary session of the European Parliament in December. During the final votes in plenary, the results of the investigation cannot be changed, the recommendations however, can. Controversial votes are to be expected. Sven Giegold, spokesperson for economic and financial policy for the Greens/EFA Group and Green’s Coordinator in the Committee of Inquiry, commented on the outcome of the vote: