US EditionPanamanian investigators remove documents from offices of company that ran canal ports
Authorities investigate possible crimes after Panama's Supreme Court ruled CK Hutchison's port contracts unconstitutional, leading to government annulment and port seizure.
- CK Hutchison, a Hong Kong company, had its contracts to operate port terminals at the Panama Canal's entrances annulled recently after Panama's top court declared them unconstitutional.
- The raid on CK Hutchison's offices by Panamanian investigators seeking documents is part of a wider US-China rivalry over global trade routes and influence over the Panama Canal.
- CK Hutchison had agreed to sell its Panamanian terminals to a consortium led by BlackRock and MSC, a deal criticized by Beijing but welcomed by US President Trump who wanted to reduce Chinese influence over the canal's assets.
25 Articles
25 Articles
Panama officials search CK Hutchison's subsidiary office, source says
Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison in Panama on Thursday, according to a source familiar with the operation, escalating a rift over control of two key ports in the strategic waterway.
Panamanian investigators remove documents from offices of co
Panamanian investigators have carried documents out of offices belonging to a Hong Kong-owned company that operated ports at either end of the Panama Canal until its concession was declared unconstitutional by the Supreme Court last month
Associated Press News
Panamanian investigators remove documents from offices of company that ran canal ports
Panamanian investigators have carried documents out of offices belonging to a Hong Kong-owned company that operated ports at either end of the Panama Canal until its concession was declared unconstitutional by the Supreme Court last month.
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