No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveEx-President’s Elegance Cost Panama Dearly

Ex-President’s Elegance Cost Panama Dearly

PANAMACITY – This small nation’snew chief executive and many of its citizensare indignant or disgusted by revelationsthat their first-ever woman Presidentspent millions of dollars in off-the-booksgovernment funds on clothes, jewelry andaccessories.It has become clear since her term endedin September that former President MireyaMoscoso’s distinctive elegance came at theexpense of the Panamanian people.During her 1999-2004 leadership,Moscoso dipped into a $23 million “discretionary”account to go shopping at poshclothing and jewelry stores in Panama City.The erstwhile head of state also hadlavish tastes in decor, according to a partialexpenditure breakdown that was providedby the Comptroller’s Office and publishedin the local press.HER use of public funds for a fancyexecutive wardrobe has prompted widespreadcriticism, notably from successorMartín Torrijos, who said he shares thePanamanian people’s “indignation” overthe matter.With 40% of Panama’s nearly 3 millioncitizens living in poverty, sociologistRaul Leis said Moscoso’s exorbitant personalexpenditures represent an insult andlack of respect for the country’s needs.The ex-President’s spending sprees are“part of a culture of confusing the use ofpublic and private (assets),” Leis said.THE controversy surrounding theshopping habits of Moscoso, who alwaysdressed impeccably for public appearances,began to surface months before theend of her term when she refused to provideinformation about the expenditures.Just days before she left office on Sept.1, Moscoso finally spoke to reportersabout the spending, flanked by dozens oforganization representatives claiming tohave benefited from the funds.Sobbing as several of the ostensiblebeneficiaries thanked her for the generouscontributions, Moscoso said the moneyhad gone exclusively for scholarships,medical treatment, official trips andnational sports programs.But after the daily El Panama Americareported the former leader had spent $2.4million on clothing, accessories and decor,Moscoso changed her tune, admitting shehad purchased the clothes so as not toappear “in tatters,” and claiming that thejewelry purchases were “for gifts.”“A president has to give gifts, especiallywhen she goes abroad,” Moscoso said.THOUGH his predecessor insistsinvoices for the purchases are somewherein the presidential palace, PresidentTorrijos claims neither the jewelry nor thereceipts have surfaced, and has demandedthe Attorney General’s Office investigatethe matter.Moscoso, the self-proclaimed“President of the Poor,” was regarded asPanama’s worst head of state in 15 yearsby the end of her term, according to severalsurveys released in August.Her administration was plagued bycorruption charges and her profligacy wasoften fodder for newspaper articles, opinioncolumns and political cartoons.On Monday, the Torrijos governmentopened a probe into the activities ofMoscoso’s economy minister, NorbertoDelgado, who is accused of fraud.Several other officials from the lastadministration are being investigated foralleged irregularities in the management ofmillions of dollars in aid from Taiwan.

Trending Now

Costa Rica Pressed to Improve Conditions for Indigenous Coffee Workers

More than 500 people and organizations, among them three former presidents of Costa Rica and Panama, have signed a public statement demanding that the...

Costa Rica’s First Gold Lands as Four Clubs enter Copa Centroamericana

The Concacaf Copa Centroamericana kicks off its fourth edition Tuesday, and although opening night belongs to clubs from Belize, Honduras, Nicaragua, Panama and Guatemala,...

Costa Rica Investigates Jaguar Pelt Seized in Heredia Raid

An apparent jaguar pelt found inside a home during raids against a violent criminal group has opened a separate wildlife investigation alongside an organized...

Novak Djokovic Returns to Cincinnati With US Open History at Stake

Novak Djokovic will return to the Cincinnati Open in August, choosing one final hard-court tournament before resuming his pursuit of a record 25th Grand...

Why Two Fitness Veterans Chose Costa Rica to Launch a New Peptide Company: Peptides Costa Rica

Costa Rica is known internationally as one of the healthiest places on the planet. Its pura vida lifestyle, outdoor recreation, and its focus on...

Costa Rica Suspends Florencio del Castillo Toll Due To Romería

Those brave enough to drive towards Cartago during Costa Rica’s annual Romería will receive a temporary break from toll payments on the Florencio del...

João Fonseca Heads to Cincinnati With Expectations Rising

João Fonseca will arrive at the 2026 Cincinnati Open carrying something heavier than the enthusiasm that followed him onto the same courts last year:...

Costa Rica Warns of Poor Air Quality as Saharan Dust Arrives

A new push of Saharan dust is expected to spread across Costa Rica this week, bringing hazy skies, reduced visibility and poorer air quality,...

Costa Rica Earthquake Near Orosi Followed by 60 Aftershocks

OVSICORI-UNA revised Friday night's Cartago earthquake to magnitude 5.0 at 8 km depth near Orosi and counted 60 aftershocks between 8:16 p.m. Friday and 5:00 a.m. Saturday.
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel