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 Can’t Build Its Way Out of Traffic, Public Works Minister Says

Costa Rica's public works minister says more lanes won't end traffic. Here's what MOPT is betting on instead.

Central America – Where Soccer Is Stuck in Time

Bryan Oliva, 12, runs across a field of yellowing, overgrown grass in a densely populated neighborhood of San Salvador. He dreams of becoming a...

Santa Cruz, Home to Tamarindo, Leads Guanacaste in Murders and Car Break-Ins

Santa Cruz has 22 of Guanacaste's 75 homicides this year, with Tamarindo on top. OIJ detained 10, including two police officers.

Four in Ten Costa Ricans Hold Back Opinions on Social Media Out of Fear

Four in ten Costa Ricans say they have held back from sharing their opinions on social media for fear of the consequences, according to...

Salvadoran Troops Turn Haiti National Stadium Into Base After Retaking It From Gangs

Salvadoran and Haitian forces retook Port-au-Prince's Sylvio Cator stadium from gangs. Bukele says it will now serve as a base for the next push.

Spot an Injured Animal on Route 27? Don’t Touch It. Here’s Who to Call

If you see an injured animal on Route 27, the toll highway between San José and the central Pacific coast, don't pull over and...

Marino Ballena Closes Piñuela Entrance for Six Months, Whale Tail Still Open

Marino Ballena's Piñuela sector is closed for six months. Here's which entrances are still open.

Costa Rica Prosecutors Investigate Pico Blanco Plane Crash That Killed Five

Prosecutors in Costa Rica have opened a negligent homicide investigation into the November 2024 crash of a commercial passenger plane on Cerro Pico Blanco,...

Strong Winds Up to 75 km/h and Rain Forecast for Costa Rica

Trade winds gust up to 75 km/h in northern Guanacaste Tuesday, with afternoon storms on the Pacific. Here is your forecast.
Loading…

Latest News from Costa Rica

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