Moncada Luna Pleads Guilty to Corruption

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Former Supreme Court judge Alejandro Moncada Luna was sentenced to five years in jail after pleading guilty to charges of fraud and illicit enrichment. He will also have to give up two apartments valued at $1.7 million, $4.6 million in bank accounts and three luxury vehicles. Appointed by former President Ricardo Martinelli in 2010, Moncada was suspended in October when…

Sea Lion Stops By Panama Beach

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Pedasi residents on Panama’s Azuero Peninsula spotted a sea lion on El Toro beach over the weekend. Surprised since Pacific sea lions usually spend their time in colder or more temperate climates from Canada to Mexico, they called the National Environmental Authority. When authorities arrived, the animal appeared to be slightly disoriented but sitting under the shade of a beach…

XXIV Panama Lobster Festival Winners Announced

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Fishermen along Panama’s Pacific beaches came to together to celebrate and compete in the XXIV Lobster Festival on Monday. Judges sorted through five dozen lobsters to crown David Camargo of Punta Chame and his 14-inch lobster as 2015 festival champion. Eulogio Cornado took second place with a 12-inch lobster and Alejandro Cornado came in third with a…

Colombia’s Ex-Spy Chief Leaves Panama to Face Wiretapping Charges

Maria del Pilar Hurtado

Maria del Pilar Hurtado, Colombia’s ex-spy chief, turned herself over to authorities in Panama late Friday, hours after Interpol issue an international arrest order. She had been living in Panama since 2010, on the run from charges that she was involved in illegal wiretapping of journalists, judges, politicians and activists in her home country – opponents of…

Panama: High Risk for Money Laundering

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Panama did not rank well on the 2014 Basel Anti-Money Laundering list which evaluates anti-money laundering standards, institutional capacities and transparency in the financial and public sector. The index, published by the Basel Institute on Governance, positioned Panama at 138 of 162 countries, where the lower the position in the ranking, the higher the risk of money laundering. Panama leads…

Ban Ki Moon is Coming

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United Nations Secretary General Ban Ki Moon will attend the Seventh Summit of the Americas in Panama on April 10 and 11. President Juan Carlos Varela made the announcement from the World Economic Forum in Davos, Switzerland on Friday. The summit, entitled “Prosperity with Equity: The Challenge of Cooperation in the Americas”, will focus on health, education, environment,…