No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsLatin AmericaPanama's Ex-President Martinelli Secures Primary Victory

Panama’s Ex-President Martinelli Secures Primary Victory

In a surprising turn of events, Ricardo Martinelli, the ex- president of Panama, has emerged victorious in his party’s primary, granting him the right to seek another term in the upcoming elections. However, Martinelli’s win comes amid a cloud of controversy as he faces serious charges of money laundering.

Martinelli stands accused of purchasing a majority share in the Editora Panama America publishing house in 2010, allegedly utilizing illegally acquired state funds. Last week, a prosecutor requested a 12-year prison sentence for Martinelli and 12 others implicated in the case.

Despite these allegations, Martinelli secured a decisive victory in the primary held by his party, Achieving Goals, which he established in 2021. The Election Commission reported that Martinelli garnered an overwhelming 96 percent of the votes, although the voter turnout was disappointingly low at 25 percent.

Charges of Corruption

Prosecutors assert that Martinelli and his associates employed a network of front companies to divert nearly $44 million from state infrastructure contracts during his presidency. Shockingly, it is alleged that a portion of these illicit funds was used to acquire a controlling stake in the media company, whose newspapers then adopted an editorial line that served Martinelli’s interests.

However, the supermarket magnate vehemently denies any involvement in money laundering or receiving ill-gotten gains. Martinelli claims to be a victim of political manipulation aimed at preventing his participation in the upcoming presidential elections.

Controversial Figure

Ricardo Martinelli’s political career has been marred by multiple corruption scandals since leaving office. In 2021, he faced charges of espionage and embezzlement of public funds but was acquitted for a second time. The recent primary win, despite his ongoing legal battles, has propelled Martinelli back into the limelight, stirring debate and dividing public opinion.

Ricardo Martinelli’s victory in his party’s primary has set the stage for a potentially contentious election next year. As the former president seeks redemption amidst mounting allegations, Panama finds itself at a crossroads. The electorate must carefully weigh the accusations against Martinelli, his claims of innocence, and the impact of his potential return to power. Only time will tell how this high-stakes political drama unfolds and whether Martinelli’s bid for another term will ultimately succeed.

Trending Now

Costa Rica Under Yellow Alert as Saturated Ground Raises Flood Risk

If you are driving to Limón, Turrialba or the southern Pacific today, expect delays and check the road before you leave. A yellow alert...

Forbes Highlights Costa Rica Oxcart Painting Experience

A hands-on workshop that allows visitors to create their own version of Costa Rica’s traditional painted oxcart designs has earned international attention as travelers...

Dollar Stuck Near ₡450 as Costa Rica Keeps Policy Rate

The Banco Central de Costa Rica set its reference exchange rate on Wednesday at ₡449.80 for the purchase of United States dollars and ₡455.01...

Costa Rica Proposes Major Overhaul of Courts and State Oversight

Lawmakers from Costa Rica's governing party filed a package of constitutional reform bills on Tuesday that would end the Comptroller General's power to block...

US Guarantee Letter Clears Final Hurdle for Macho Coca Extradition

The United States has delivered the written assurances Costa Rican courts required before Gilbert Hernán Bell Fernández, the Limón businessman known as "Macho Coca,"...

Where Fixed Internet Still Does Not Reach in Costa Rica

Nearly three in ten Costa Rican households have no fixed internet, and the gap sits in the rural and coastal areas that show up most often on relocation shortlists.

Cincinnati Open 2026 Guide: Dates, Players and What to Know

The Cincinnati Open 2026 runs August 8-23 in Mason, Ohio. See key dates, leading players, Latin American names and what fans should know

Costa Rica Airport Laser Incidents Reach Record High

Reports of people pointing laser beams at aircraft near Juan Santamaría International Airport in San Jose have reached their highest level since officials began...

Costa Rica Beats Haiti on Penalties to Reach U-20 World Cup

Costa Rica’s men’s under-20 soccer team qualified for the 2027 FIFA U-20 World Cup on Tuesday after defeating Haiti 5-3 in a dramatic penalty...
🌴 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