Panama newspaper takeover ‘used laundered money’

Criminal charges have been laid against 17 individuals and a law firm involved in the $39.9 million acquisition of the Panama America newspaper group allegedly through money laundering.

The announcement  came from Attorney General  Kenia Porcell on Monday. She highlighted  the “New Business”, investigation  covering a series of transactions made for the purchase of the group Editora Panamá América S.A. (Epasa),  allegedly with funds of public origin.

Source: Newsroom Panama