No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePanama Accuses Nicaragua’s Alemán of Money Laundering

Panama Accuses Nicaragua’s Alemán of Money Laundering

PANAMA CITY (AFP) – Panama’santi-corruption prosecutor, Cecilia López,announced Tuesday that Panama is filingcharges of money laundering against formerNicaraguan President ArnoldoAlemán (1997-2002), his former taxdirector Byron Jérez, and six other formergovernment authorities.The Panamanian Prosecutor’s Officereported that it has discovered $9.4 milliondistributed through 40 accountslinked to Alemán and Jérez in 12Panamanian banks. The money is thoughtto be Nicaraguan state funds that weretransferred illegally to foreign banks.According to López, Alemán, Jérezand their family members moved $60 millionthrough Panamanian accounts duringthe five years they were in power.Alemán is serving a 20-year sentence inNicaragua for corruption, money launderingand misappropriation of state funds.

Trending Now

Guatemala Makes History as They Face USA in Gold Cup Semifinal Showdown

Desperate to show progress under Mauricio Pochettino, the United States is looking to secure a return to the CONCACAF Gold Cup final on Wednesday...

Prisma Dental in Costa Rica Keeps Customers Happy and Smiling

I am 81 years old and have had teeth removed, bridges, and cavities fixed several times to sustain my ability to eat and function....

Retired Nicaraguan Army Captain Sentenced to 50 Years for Treason

A retired military officer was sentenced to 50 years in prison in Nicaragua for the crime of "treason against the homeland," his family denounced...

Life After MS-13 in El Salvador as Residents Seek a Fragile Peace

Esperanza Martinez lost three relatives who were murdered and saw numerous bodies left in the streets of her neighborhood, a former stronghold of the...

Costa Rican Court Orders Release of Migrants Deported Under Trump Deal

A court on Tuesday ordered Costa Rican authorities to release foreign migrants who had been detained in a shelter after being deported under an...

Guatemala Offers Asylum to Nicaraguan Migrants Deported by U.S.

Guatemalan President Bernardo Arévalo announced on Friday that his country will grant asylum to Nicaraguan migrants deported by the United States who do not...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica