Monday, March 4, 2024

Logo Central America Link

Former Canal administrator to blame for dispute

Tuesday, February 11, 2014

The Panama Canal's former administrator is largely to blame for a dispute that threatens a multibillion-dollar expansion of the waterway and should have flagged doubts about Spanish builder Sacyr, President Ricardo Martinelli said.

Martinelli said former canal administrator Alberto Aleman, who headed the canal authority from 1999 to 2012, shouldered much of the blame for the dispute, which he called "a chronicle of a death foretold."

"He is very responsible for everything that is happening. Everyone here knew the state Sacyr was in, that it had financial problems," he added.

Source: Reuters