The reputation of The Republic of Panama in Global Eyes= Corruption

Crime

Interesting article in La Estrella today about much of what we report on at PNO.com. Recommended story.  J.B

Issues such as the irregular links between Manuel Antonio Noriega and Pablo Escobar, the misnamed Panama Papers, Waked Case, Odebrecht and Martinelli have made the name of Panama in the international arena negatively. The foregoing in the opinion of Nicolás Castro, consultant and advisor in matters of investments, capital markets, risks and regulatory compliance.

Castro is of the opinion that “Panama is one of the countries that has been hit the hardest by its name and almost immediately, because the problems and cases of possible corruption have not been called by its name.” Proof of it said, the Panama Papers when it should have been the “Papeles de Mossack Fonseca” and then you listen to other topics related to the country like Waked, Odebrecht and now Martinelli, so you are always listening to problems in the country and not such positive things and that it is what causes insecurity and that international regulators are more interested in the country adopting new rules. “

‘HOW TO ADVANCE IF BETWEEN THE ENTITIES DO NOT SPEAK AND DO NOT HAVE THE RESOURCES TO DO SO?EVERYTHING IS ATOMIZED HERE.

NICOLÁS CASTRO,

CONSULTANT AND INVESTMENT ADVISER

The consultant’s point of view was given yesterday during the celebration of the III Latin American Congress of Risks (CLAR 2018), an event organized by the Latin American Federation of Banks (Felaban), which brought together senior management executives and officials of financial institutions that operate in Latin America.

 

READ MORE:http://laestrella.com.pa/economia/reputacion-panama-sigue-afectada-corrupcion/24081278

No Comments

Leave a Reply

Your email address will not be published.

Human Interest
Panama throws it’s hat in the ring for BEST COFFEE

This May 27 and after six days, the national tasting of the Best of Panama (BOP) 2023 ends, after analyzing 186 lots of 42 kilograms among the natural geisha, washed geisha and varietal varieties , announced the Specialty Coffee Association of Panama (SCAP, for its acronym in English). The SCAP announced that the national judges will …

Human Interest
Nito will go down as a “capable” President, who just did not keep his word.

Go and read the PNO archives and see how much I postured and rallied for Nito to beat “Spock” back 5 years ago. Sure he was already an established “elitist” within Panama, but he seemed like a pragmatic man and much better than the opposing choice. As his term comes …

Human Interest
Next Prez on the mend as surgery was performed yesterday.

Former President of the Republic Ricardo Martinelli underwent a third surgery on the afternoon of this Wednesday, May 17, for ailments in his spine, reported his co-supporter Luis Eduardo Camacho. Camacho, through his Twitter account, explained that the former president underwent this third surgical intervention on the recommendation of his …