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Panama Ex-President Martinelli is sentenced to 10 years in prison for money laundering

  • Former Panamanian President Ricardo Martinelli has been sentenced to more than 10 years in prison for money laundering. The case revolved around the purchase of a media company, involving the funneling of money from companies that had won government contracts during Martinelli's presidency.
  • Martinelli, a supermarket magnate who governed Panama from 2009 to 2014, was elected by his party as its presidential candidate for the upcoming May 5 election. However, his sentencing has derailed his political comeback.
  • Martinelli maintains that he is the victim of political persecution and denies any wrongdoing.
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  • 52% of the sources lean Left
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la Nacion broke the news in Buenos Aires, Argentina on Tuesday, July 18, 2023.
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