The "Panama Party" refers to a political scandal in the early 2010s involving the Panama Papers, a massive leak of documents from the law firm Mossack Fonseca. These documents revealed how wealthy individuals and public officials used offshore accounts to evade taxes and hide assets. The scandal sparked global outrage and led to investigations in multiple countries. The term "Panama Party" is often used to describe the political fallout and protests that followed the revelations. Many citizens demanded greater transparency and accountability from their governments, leading to reforms in financial regulations and increased scrutiny of offshore financial practices.