Jul 21, 2023 -
Interpol red alerts issued for missing New Business defendants
Despite the conviction of five people and the acquittal of another 10 in the New Business case
Ex-President Sentenced as Panama Makes Progress Against Impunity insightcrime.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insightcrime.org Daily Mail and Mail on Sunday newspapers.
Ricardo Martinelli was president of Panama from 2009 to 2014. He was found guilty of money laundering in the purchase of a publishing group with public funds in 2010. The 71-year-old must also pay a fine of 19 million dollars. Martinelli rejects the allegations and can still appeal the sentence. The billionaire and supermarket magnate won the presidential election in 2009 with the promise to take action against rampant corruption in the country. But after his tenure, the Panamanian judiciary investigated numerous scandals in which he was involved.
Former Panamanian President Ricardo Martinelli, who seeks to return to power in 2024, has been sentenced to nearly 11 years in prison for money laundering