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Little Impact: Half of Panama Residents Not Aware of Leaked Papers Scandal

© AFP 2023 / Rodrigo ARANGUAAerial view of the Panama City bay taken on March 23, 2015.
Aerial view of the Panama City bay taken on March 23, 2015. - Sputnik International
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Almost half of the residents of Panama are not aware of the Panama Papers scandal that rocked the world and resulted in many criminal investigations into the lives of the rich and powerful.

A sign is seen at the European Commission (EC) headquarters ahead of statements by the EC on the effectiveness of existing measures against tax evasion and money-laundering in light of the recent Panama Paper revelations, in Brussels, Belgium, April 12, 2016. - Sputnik International
Panama Papers Expose Long-Term Failures of EU Tax System
It turns out that while the whole world is discussing the Panama Papers scandal, the Panamanians themselves are far from all the hype.

The Panama Papers are a set of 11.5 million confidential documents detailing information about more than 214,000 offshore companies compiled by the Panamanian corporate service provider Mossack Fonseca, including the identities of company shareholders and directors.

According to a survey, conducted by the international research firm Dichter & Neira commissioned by local TV channel TVN, 45% of Panamanians are not aware of the scandal of Panama securities. Another 5% found it difficult to answer the question.

Out of the 50% of Panamanians who are aware of it, the majority (91%) believe that the scandal had a negative impact on the country's image in the world, with 81% saying that it had a negative effect on the national economy and 55% seeing it as having a negative effect on their personal well-being.

At the same time, more than half of citizens, 55%, feel negatively about the actions that were taken by President Juan Carlos Varela in this regard.

It was also noted that the president's approval rating over the past month has not changed as 46% of respondents expressed their support for Juan Carlos Varela, while 49% were against him.

In comparison to the data collected in May 2015, the president's approval rating has fallen by 20%.

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