People

Brimager Sentenced in Yvonne Baldelli Murder

Brian Brimager was sentenced to 26 years in prison Wednesday for the 2011 murder of then girlfriend Yvonne Baldelli in Panama. The two had recently moved to Bocas del Toro’s Isla Carenero off the Caribbean Coast, when Baldelli, age 42, abruptly disappeared on November 27. Brimager, a former Marine, claimed that she had left him and travelled on…

Nidal Waked to be Extradited to U.S.

Nidal Waked, a prominent businessman deeply invested in Panama. will be extradited to the United States, Colombia’s Counternarcotics Police confirmed. Waked, age 44 and a Panamanian-Colombian national, was arrested at the Bogota airport on Wednesday night on charges of money laundering and bank fraud. Now considered one of the biggest money launderers in the world, he served as president of the…

Iceland’s Prime Minister Resigns

Just days after walking out of an awkward interview that raised questions about his ownership of an offshore company, Sigmundur David Gunnlaugsson stepped down as Iceland’s Prime Minister. He is the first political leader to do so in the wake of the April 3 disclosure of the over 11 million files leaked from the Panamanian law firm Mossack Fonseca.…

Meet Mossack and Fonseca

Founding partners of Panamanian law firm Mossack Fonseca are now under scrutiny as a riveting story of offshore secrecy floods the public consciousness. Jürgen Mossack and Ramon Fonseca joined forces in 1986, establishing the firm that bears their names in a tidy blue and white logo. Since then, the firm has grown into a behemoth which is now…

Ricardo Martinelli Unmasked as One of World’s Most Corrupt

Former Panamanian President Ricardo Martinelli came in third on a recent ranking of political leaders or multi-national companies that have massively abused their power and severely harmed society. The cases identified in the Transparency International UnmasktheCorrupt.org campaign were picked from 383 submissions voted by 170,000 netizens from around the world. Martinelli, who has been residing outside the country since…