Why this is important

We all knew it, but the scope of the scandal is just crazy. The Panama Papers show how the rich and powerful act as if they are above the law. [1] From mobsters and dodgy businessmen to politicians and the biggest banks on the continent, thousands are implicated in tax dodging and laundering the fruits of crime and corruption.

The scandal will only really unfold in the coming weeks as journalists reveal more and more of the Panama Papers. But this is not a time for despair. This exposure is a big opportunity for us.

Politicians are now under unique pressure to do something about money laundering and tax dodging. If we come together, join in the tens of thousands, we can make sure that they really do something. The European Union has means beyond any country to have a widespread impact. But we have to act quickly. In this fast moving media environment every day counts.

Money laundering and letterbox companies are only possible because our governments lack the political will to enforce rules against them. This has to stop!

To avoid this large scale fraud from happening again, it is essential to create EU-wide prosecution authorities that transnationally investigates corruption, tax fraud and money laundering. The EU must also ensure banks that profit from and facilitate money laundering like Deutsche Bank or HSBC are punished - up to revoking their license to operate.

This scandal rocks all countries in Europe. Donors of the UK conservatives [2], Deutsche Bank [3], football player Lionel Messi, and Spanish politician and EU commissioner Cañete are but a few who have been implicated. But our force also comes from all over Europe. This call to action goes out directly to over 200,000 members of the WeMove.EU community. Together with our partners we can stop money laundering practices.

Sign to stop money laundering and bring the culprits to justice.

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