• Costa Rica Real Estate

Ex-presidential candidate Antonio Álvarez linked to purchase of protected land in Panama

June 17, 2013

A former National Liberation Party presidential candidate and current campaign manager of San José Mayor Johnny Araya, Antonio Álvarez Desanti, denied on Monday that he had acquired more than 600 hectares of protected land in Panama in an irregular deal.

Panama’s daily La Prensa reported Monday that more than 2,000 hectares of protected land owned by indigenous Ngäbe Buglé people were sold in “suspiciously fast” transactions.

Desanti, a Liberation candidate for lawmaker in upcoming 2014 elections, allegedly bought 685 hectares in which he plans to invest some $40 million, according to La Prensa, which added that the properties were first acquired by Panamanian lawyers Elvisilda Martínez and her husband, Francisco Castillo, at costs as low as three cents per square meter. They then allegedly sold and registered the land in record time.

Ngäbe people in the area told the newspaper they were tricked into signing documents that listed them as investors in development projects. The documents they actually signed were for sale of the land.

Many local residents said they spent several years unsuccessfully trying to obtain property titles for the land, yet the lawyers managed to do it in record time and at extremely low price, turning a profit of millions of dollars.

The 685 hectares in question are owned by a corporation called Desarrollo Ecoturístico Cañaveral, chaired by Antonio Álvarez Desanti and his wife, Nuria Marín.

The Ngäbe Buglé region is a protected area for its high biological value, as it has a rich biodiversity of plants and animals, including various endangered species.

Facebook Comments

You may be interested

United States and El Salvador sign immigration agreement
Central America
21 views
Central America
21 views

United States and El Salvador sign immigration agreement

AFP and The Tico Times - September 20, 2019

The United States and El Salvador reached an immigration agreement on Friday, the interim secretary of Homeland Security, Kevin McAleenan,…

‘I want to write my story here too,’ Navas says of PSG
Keylor Navas
19 views
Keylor Navas
19 views

‘I want to write my story here too,’ Navas says of PSG

AFP and The Tico Times - September 20, 2019

Costa Rican goalkeeper Keylor Navas debuted in the Champions League with Paris SG on Wednesday with a 3-0 victory against…

UN names Costa Rica as ‘Champion of the Earth’ for environmental efforts
Climate Change
280 views
Climate Change
280 views

UN names Costa Rica as ‘Champion of the Earth’ for environmental efforts

Alejandro Zúñiga - September 20, 2019

The United Nations has selected Costa Rica as its 2019 Champions of the Earth award for policy leadership, the organization…

Do NOT follow this link or you will be banned from the site!