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Argentina president agrees to be probed over Panama Papers
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Argentina's President Mauricio Macri gives a statement at the government house in Buenos Aires, Argentina, on April 7. An Argentine prosecutor on Thursday asked for an investigation into President Mauricio Macri's role in offshore companies, adding to the global fallout from a massive leak of documents from a Panama law firm. (Associated Press/Natacha Pisarenko)
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rgentine President Mauricio Macri says he is open to being investigated over his role in two offshore companies that emerged in the "Panama Papers" leak.
Macri said Tuesday that he'll cooperate with a federal judge who requested information on the companies from authorities in Panama and the Bahamas.
Macri says the companies were family businesses and he was a figurehead without compensation. He has also set up a blind trust to handle his financial holdings in response to growing criticism.
The case was launched by a federal prosecutor who asked for authorization to investigate whether Macri "maliciously" omitted his role in the offshore companies in his annual tax declarations.
The former Buenos Aires mayor ran for the presidency last year on a promise to root out Argentina's endemic corruption. (ags)
