Panama Papers may inspire more big leaks, if not reform
WASHINGTON — In recent days, Sri Lanka, Zimbabwe and South Africa joined the growing list of countries hunting down tax evaders among citizens who own offshore accounts. The French bank BNP Paribas said it would More...
Venezuelans named in Panama Papers to be investigated, says president
MIAMI - Venezuela's President Nicolas Maduro has asked the country’s chief prosecutor to investigate all Venezuelans whose names appear in the so-called “Panama Papers” – over 11 million leaked documents More...
Panama law firm’s covert global sales network operated under the radar
MIAMI - It appears that Mossack Fonseca's public relations campaign, aimed at disseminating disinformation, and denying the Panama law firm's role in global tax evasion, money laundering, and global investment More...
Minister of Economic Development working on a possible cooperation with Panama and Aruba
WILLEMSTAD - This morning the Minister of Economic Development, Eugene Rhuggenaath met with his colleague, the Aruban Minister of Tourism, Otmar Oduber and the General Administrator of the Panamanian Tourism, Gustavo More...
Copa Airlines announces new route to Cuba
PANAMA CITY - The Panamanian airline Copa Airlines announced it will create a new route with direct flights to the tourist destination of Holguin, east of Cuba, that will depart from Panama City starting mid this More...
Brazil charges members of Panamanian corporate services firm with money laundering
MIAMI - Two senior members of a prominent Panamanian corporate services firm, Mossack Fonseca, have been charged with money laundering in Brazil, based upon allegations that they assisted in laundering the proceeds More...
Panama’s supreme court orders former president detained in US
PANAMA CITY, Panama -- The Supreme Court of Justice of Panama, in a joint order, has directed that the country's former president, Ricardo Martinelli, be detained in the United States and held without bond, pending More...
Panama government and banks riddled with organized crime, says president
MIAMI - Juan Carlos Varela, Panama's beleaguered reform president, has asserted that his country's financial institutions and government have both been long infiltrated by powerful organized crime groups, a situation More...
Former Cayman Islands football chief fingers Panamanian corporations in FIFA corruption scandal
MIAMI - Jeffrey Webb, the former head of the Cayman Islands Football Association, and who had pleaded guilty to his involvement in the massive FIFA corruption probe, has been cooperating with US law enforcement More...
Panama’s fugitive ex-president ordered out of Paraguay
MIAMI, USA -- Ricardo Martinelli, facing eleven different criminal charges in his native Panama, including human rights violations, insider trading, and massive corruption allegations, has been ordered by the government More...
