Panama Papers lawyer,$300,000 bail

 
853Views 0Comments Posted 14/06/2017

 MOSSACK FONSECA  lawyer   Edison Teano, has been granted bail of $300,000  by the Second High Court after a  prosecution appeal against an earlier  bond.  

Teano  who had been detained since February.  has already posted bail and been released, said his lawyer Marlene Guerra. Last April, the 17th Criminal Court granted Teano bail of $79,000. The decision was appealed by the Second Prosecutor against Organized Crime.

In April, the 17th Criminal Court granted Teano bail of $79,000. The decision was appealed by the Second Prosecutor against Organized Crime. The Second High Court upheld the court's decision but increased the bail amount to $300,000. The two founding partners of Mossack Fonseca, lawyers Jurgën Mossack and Ramón Fonseca Mora, were previously granted bail of $500,000 each. Prosecutors are investigating Mossack, Fonseca Mora, Teano and María Mercedes Riaño ­ an executive of the firm in Brazil, ­ for money laundering.