Leak poses challenges for Dominican president

Significance

While this is not illegal, the matter has drawn public attention and criticism on the basis that it appears to conflict with the stated commitment of Abinader’s government to tackling corruption, tax evasion and money laundering.

Impacts

• Investigations into other public officials named in the Pandora Papers will keep the issue at the forefront of public attention.
• Accelerated pro-transparency reform may push up due diligence costs for companies operating in the Dominican Republic.
• Perceptions of inaction on corruption could lead to renewed popular protests on the issue.