HomeTopicsLatin AmericaCosta Rica Detains Panamanian Tycoon David Ochy

Costa Rica Detains Panamanian Tycoon David Ochy

Costa Rican police detained Panamanian businessman and former presidential hopeful David Ochy on Tuesday, who is suspected of money laundering and wanted by Interpol, officials from both countries reported.

The detention of a “Panamanian businessman” was carried out during an operation in the town of Guápiles, about 60 km northeast of San José, the Costa Rican Investigative Police Agency (OIJ) indicated. The OIJ did not release the name of the detainee, but Panama’s Security Minister Juan Manuel Pino confirmed that it is David Ochy.

In addition to being wanted for money laundering in Costa Rica, Ochy is also being sought by Interpol due to a pending corruption case in Panama.

The Panamanian businessman is linked in his country to the “New Business” case, a scandal for which former Panamanian President Ricardo Martinelli (2009-2014) was sentenced to almost 11 years in prison accused of buying a publishing company with public money.

Ochy and his brother Daniel own one of the companies that, according to the ruling, deposited money into that common fund (the partnership was known as “New Business”) to purchase Editora Panama America (Epasa). That money came from advance payments made by the State for the repair of a highway in Panama.

However, while Daniel was sentenced to eight years in prison for this case, his brother David, detained on Tuesday in Costa Rica, could not be tried because he enjoyed electoral immunity at the time, as he was then a presidential pre-candidate in a party founded and led by Martinelli.

Trending Now

How to Save on Dental Implants in Costa Rica and Get the Best Treatment – A Win-Win!

Dental implants are a life-changing investment in your smile, health, and confidence—but they don’t have to break the bank. At Prisma Dental, we’ve helped...

Costa Rica Could Lose 24-Hour Tsunami Monitoring Over University Cuts

Costa Rica's tsunami warning center says it will stop round-the-clock monitoring of the country's coasts on Jan. 1, 2027, unless the government and lawmakers...

Costa Rica Unveils New ₡100 Coin Celebrating Limón Calypso

Costa Rica is paying tribute to one of its most distinctive musical traditions with a new ₡100 coin celebrating Limón calypso, a genre deeply...

What Driving to San Ramón Could Cost You Each Month in New Tolls

If you drive Route 1 between San José and the Western Valley, the planned expansion to San Ramón will come with four toll stations....

Costa Rica’s First Cold Push of the Season Brings Stronger Winds and Rain

Costa Rica is beginning to feel the effects of the first cold push of the season, bringing stronger winds to Guanacaste and the Central...

Costa Rica Begins Rebuild of the Airport Serving Quepos/Manuel Antonio

Work began on a $13.4 million upgrade of the Quepos airport near Manuel Antonio, adding room for nine small aircraft now and a new passenger terminal by 2028.

Costa Rica’s Children’s Hospital ICU Is Full as Respiratory Viruses Spread

The ICU at Costa Rica's national children's hospital is full, with 18 children on ventilators. Here is how to protect your child.

Someone Can Sell Your Costa Rica Land While You’re Away

If you own land or a house in Costa Rica that sits empty for long stretches, someone could transfer it out of your name...

Costa Rica Bus Crash Leaves Two Dead and Dozens Injured

Two women died and seven other people were seriously injured Wednesday morning when a passenger bus overturned on Route 4 in Sarapiquí, Heredia, leaving...
Loading…

Latest News from Costa Rica

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