Financial Pacific pyramid case continues with questionable $8.5 million loan satisfaction

Crime

Without a visible bank refinancing certification, Riccardo Francolini – who was benefited yesterday with a bail of $ 100 thousand in the Financial Pacific case – paid a loan of $ 8.5 million in 9 months . The money was requested on loan to buy a ” Plug & Grind cement plant”.

Prosecutor orders the arrest of Riccardo Francolini
Riccardo Francolini and his successful cement business

Although he was not known as a wealthy man, Riccardo Francolini – partner, friend and former official of former president Ricardo Martinelli – managed to cancel a mortgage loan of $ 8.5 million just nine months after having obtained it to buy a cement plant.

The procedure was carried out through the company Valicia Investment, SA, which the last government also declared eligible for the “transportation and benefit” of non-metallic minerals, which according to the Ministry of Commerce and Industry (MICI) “allows transportation and / or benefit of all minerals defined in an application … whether extracted by itself or by third parties. ”

———-
READ MORE:https://www.prensa.com/politica/Varela-Mundial-Cancilleria-inversiones-Putin_0_5037246237.html

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime
Former thieves provide the best tips to avoid being victim.

When in doubt, ask a former scumbag out.  https://www.247mirror.com/es/avoid-getting-robbed?ly=native_one&abtv=e5cce607-dfc8-45d4-94ca-fc3b994be19f Do you think your neighborhood is safe? Unfortunately, in the US alone there are more than 2.5 million robberies a year, which means that a robbery occurs every 26 seconds. Thieves will most likely laugh out loud at the common “one …

Crime
The cost of pursuing freedom MUCH HIGHER and DANGEROUS for women.

https://www.laestrella.com.pa/panama/mujeres-migrantes-victimas-de-robos-violaciones-y-con-sus-hijos-a-cuestas-MX7213817 So far this year, some 130,000 people have crossed the Darién jungle, of which 104,000 are adults, and of this figure around 35% are women. Migration has long ceased to be a man’s thing. Women alone, with children or with their partners leave their homes behind, having to go …

Crime
ODEBRECHT,”Mossack/Fonseca”,PANAMA PAPERS- Trial finally underway.

https://apnews.com/article/panama-papers-odebrecht-trial-50e8e62ae2021c417e49751d7cfe0331 PANAMA CITY (AP) — Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging, prompting the resignation of …