Jaqueline Alexander denied bail by Panama Court and detained as part of organised crime and money laundering investigation

Jaqueline Alexander denied bail by Panama Court and detained as part of organised crime and money laundering investigation

Jaqueline Alexander was denied bail by a special Panama court while investigations into her involvement in money laundering are underway.

The Egrant inquiry has relied on Jaqueline Alexander’s statement filed in Panama itself in order to refute the credibility of the documentary evidence presented to the inquiry that suggests that Michelle Muscat owned the secret Panama company.

The Special Court attached to the Seventeenth Court of Panama on 2nd June 2017 denied bail of release requested by Jaqueline Alexander and five other former employees of Mossack Fonseca “in the summary followed by Maria Mercedes Riano and others for the alleged offence against the economic order in its form of money laundering.”

The Panama Court records show that “the special judge, Baloisa Martinez based their decision on Article 2006 of the Judicial Code, which indicates that the accused is the person who in any act of the process has been accused ‘as an author or participates in a crime’.”

Jaqueline Alexander is being investigated along with her former colleagues at Mossack Fonseca by the Second Prosecutor’s Office against Organised Crime, the same office where the former partners of the firm Ramon Fonseca and Juergen Mossack are also being held.

The other five employees that had been denied bail are Yakeline Perez, George Allen, Carmen Wong, Yvette Rogers and Imogene Wilson.