Jaime A. Jácome de la Guardia, local partner at Diaz Reus in Panama: “After evaluating an investigation carried out over more than seven years, the Panamanian Judicial Court has ordered the trial of former presidents Ricardo Martinelli and Juan Carlos Varela, in addition to eight high-ranking officials from both administrations and twenty-six other individuals, among them Panamanians and foreigners. The accusation against the defendants is money laundering, given that the crimes of corruption of public officials and illicit enrichment were declared time-barred due to compliance with the deadlines established by law for it.
Is Panama Getting Better at Fighting Public Corruption?
