On 8 June 2016, the European Parliament issued a release announcing that is has agreed to establish a "Panama Papers" Committee.
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The European Parliament agreed to set up an inquiry committee into the "Panama Papers" revelations, of detailed information on offshore companies and their ultimate beneficiaries, in a vote on Wednesday. The committee is to investigate alleged contraventions and maladministration in the application by the EU Commission or member states of EU laws on money laun…