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…
Technicians from institutions linked to the fishing sector of Panama gathered at a technical meeting to advance in the fight against illegal fishing and in the implementation of the Agreement on Port State Measures, the Global Registry of fishing vessels, transport, refrigerated and supply, and other international instruments. The country plays a very important role…
The Joint Task Force located the body of a 29-year-old man who was dragged by the waters of the Changuinola River, Bocas del Toro province. + info FTC resumes search for missing man in Changuinola river This was announced by the general director of the National Civil Protection System, José Donderis. The search had begun…
The seventh anticorruption prosecutor, Leyda Sáenz, ordered yesterday the preventive detention of merchant Riccardo Francolini for alleged anomalies in transactions made through the Jal Offshore company in the Financial Pacific (FP) brokerage house. Francolini, who is being investigated for allegedly committing the crime of money laundering, was transferred to the headquarters of the Directorate of…
The Second Special Prosecutor’s Office against Organized Crime announced on Tuesday May 22 that performs nine search proceedings, nine conductions and the respective investigations of ten accused, who have been charged with the alleged commission of the crime of money laundering , as part of the investigation that seeks to establish the nexuses of the…
A case that occupied the front pages of the media six years ago, the embezzlement to the stock house Financial Pacific, culminated with the phase of allegations that were heard in a preliminary hearing held on Friday in order to determine the responsibility of each of the accused. Judge Johann Barrios accepted the 30 days…
by James “JB” Bryson Good morning PNO.com visitors. I would hope all had a pleasant weekend. If you checked in last week, I mentioned how a friend and fellow ex pat of mine named “Buddy” made the trek from Panama City to Bocas del Toro this past weekend. Taking every bit of 9 hours, we…
An Argentine court confirmed this Thursday, May 17, the prosecution without pre-trial detention of former president and senator Carlos Menem , 87, as alleged mastermind of the explosion of a military factory that left seven dead in 1995. The crime for which Menem is accused – as well as the military already convicted – is…
The Seventh Anticorruption Prosecutor’s Office summoned Riccardo Francolini , at 9:00 a.m. today, to make an inquiry statement as part of the investigation into the transfers of money made by Jal Offshore Ltd., through an account of investment I had in the defunct stock house Financial Pacific (FP) . In the resolution, dated on April…
A judge in El Salvador decided Wednesday to send former President Elías Antonio Saca (2004-2009) and six collaborators to trial, to answer for the deviation of 301 million dollars during his administration, the Prosecutor’s Office said. “The Fourth Court of Instruction of San Salvador sends to trial former President Elías Antonio Saca, 3 former employees…
