The Metropolitan Police Service raided the offices of Centre Services in cooperation with Jersey authorities, and seized papers and two Feberion bearer shares. It wasn't until 1995 that Brink's-Mat's solicitors were finally able to take control of Feberion and the assets.

José Hawilla, the owner and founder of the Traffic Group, waived indictment and pleaded guilty to a four-count information charging him with racketeering conspiracy, wire fraud conspiracy, money laundering conspiracy and obstruction of justice. Hawilla also agreed to forfeit over $151 million, $25 million of which was paid at the time of his plea.

The US Department of Justice indicted a number of companies and individuals for conspiracy, corruption and racketeering in connection with bribes and kickbacks paid to obtain media and marketing rights for FIFA tournaments.

Sigmundur Davíð Gunnlaugsson, the Prime Minister of Iceland, resigned after the Panama Papers revealed his possession of a secret offshore account in a shell company called Wintris Inc., creating a conflict of interest with his promises to be tougher on Iceland's foreign creditors.

The Australian Taxation Office announced that it is investigating 800 individual Australian taxpayers on the Mossack Fonseca list of clients and that some of the cases may be referred to the country's Serious Financial Crime Task Force.

Mossack Fonseca notified its clients about an email hack that compromised their data. Despite this breach, the firm maintained that it had always operated within legal boundaries.

The Panama Papers, consisting of 11.5 million leaked documents totaling 2.6 terabytes of data, began publication. These documents, dating back to the 1970s, detail financial and attorney-client information for over 214,488 offshore entities created by Mossack Fonseca.

Reports indicated that the Panama Papers revealed connections between the law firm Mossack Fonseca and high-ranking political figures, their relatives, celebrities, and business figures. The documents illustrated how wealthy individuals, including public officials, could maintain the privacy of their financial information.

The Attorney General's office announced that it would investigate Mossack Fonseca and the Panama papers.

Mossack resigned from Panama's Council on Foreign Relations (Conarex), even though he was not officially serving at the time. His brother Peter Mossack still serves as honorary Consul of Panama, as he has since 2010.

Varela met with CANDIF, a committee of representatives from different sectors of the Panamanian economy which includes the Chamber of Commerce, Chamber of Industry and Agriculture, the National Lawyers Association, the International Lawyers Association, the Banking Association and the Stock Exchange, and entered full crisis management mode. On the same day, he announced the creation of a new judiciary tribunal and a high-level commission led by Nobel Prize Laureate Joseph Stiglitz.

Former South African president Thabo Mbeki, head of the African Union's panel on illicit financial flows, called the leak "most welcome" and called on African nations to investigate the citizens of their nations who appear in the papers.

1x0123, a grey hat hacker, revealed that Mossack Fonseca's content management system was vulnerable to SQL injection. This vulnerability allowed access to the customer database.

The Second Specialized Prosecutor against Organized Crime searched the Panama City and Bella Vista offices of Mossack Fonseca for 27 hours. Following the search, the Attorney General's office stated that the purpose of the search was "to obtain documents relevant to the information published in news articles that establishes the possible use of the law firm in illegal activities".

Australia announced it would create a public register showing the beneficial, or actual, owners of shell companies, as part of an effort to stamp out tax avoidance by multinational corporations.

A meeting of the Panamanian and French finance ministers resulted in an agreement under which Panama would provide information to France about French nationals with taxable assets in the country.

Mossack Fonseca sent a cease and desist letter to the ICIJ in an attempt to stop the ICIJ from releasing the leaked documents from the Panama Papers scandal. Despite this, the ICIJ released the leaked documents on May 9, 2016.

In a document released, the whistleblower known as "John Doe" cited income inequality as the reason for leaking the Panama Papers. Doe stated the documents were leaked to expose injustices and affirmed never working for any government or intelligence agency, offering to assist prosecutors if granted immunity.

The ICIJ announced the release of a searchable database containing information on over 200,000 offshore entities implicated in the Panama Papers investigation and more than 100,000 additional companies implicated in the 2013 Offshore Leaks investigation. Mossack Fonseca asked the ICIJ not to publish the leaked documents from its database.

The names of former Prime Minister of Australia Malcolm Turnbull, and former Premier of New South Wales Neville Wran, were both found in the Panama Papers, due to the pair's former directorship of the Mossack Fonseca-incorporated company Star Technology Systems Limited.

Computer security expert Chris Kubecka reported that Mossack Fonseca's client login portal was running multiple government-grade remote access trojans (RATs). Kubecka also confirmed numerous critical vulnerabilities, too many open ports in their infrastructure and internet access to their archive server due to weak security.

The OECD reactivated a list of uncooperative tax havens at the request of G20 nations. Panama, Vanuatu, and Lebanon were warned that they may be included on the list due to their lack of compliance with international banking cooperation guidelines.

Stiglitz resigned from the committee because he learned that the Panamanian government would not commit to making their final report public. He said that he had always "assumed" that the final report would be transparent.

It became known that a government executive had spent 370 million US dollars in order to "clean" the country's image.

Mossack and Fonseca were detained on money-laundering charges. They were initially refused bail because the court saw a flight risk, but were released on April 21, 2017 after a judge ruled they had cooperated with the investigation and ordered them each to pay $500,000 in bail.

Mossack Fonseca announced it would close down due to "irreversible damage" to their image caused by the Panama Papers scandal.

The ICIJ and European newspapers reported that the global tally of recovered sums from litigation, fines and back taxes exceeded $1.2 billion.

The Laundromat, a movie based on the events of the Panama Papers, was released on Netflix. Prior to this, Mossack and Fonseca issued a lawsuit in aim of preventing the release, citing defamation and potential damage to their rights of a fair trial by jury, should one begin.

Judge Baloísa Marquínez acquitted the 28 accused individuals. She explained that the evidence brought against Mossack and Fonseca was insufficient and the chain of evidence was not comprehensible.