Panama Papers lawyer,$300,000 bail
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.