Venezuela indicts businessman implicated in Panama Papers


CARACAS (Reuters) - Venezuelan prosecutors have indicted local businessman Josmel Velasquez on charges of money laundering and criminal association as part of an investigation that followed local media reports on the leaked Panama Papers.

Local website Armando.info reported this month that Velasquez's brother Adrian, a former aide to late President Hugo Chavez, had opened a shell company in the Republic of the Seychelles with $50,000. The report was based on the documents leaked from Panamanian law firm Mossack Fonseca.

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