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Panama ruling party hit by bombshell corruption confession

Wednesday, November 1, 2017

On the day that Panama’s business organizations planned  a massive  demonstration against corruption and impunity revelations were published of a former ambassador’s role in transferring $700,000  from Odebrecht to the election campaign of President Juan Carlos Varela.

According to a statement to anti-corruption prosecutors by the former ambassador of Panama in South Korea,  Jaime Lasso, $1.4 million was triangulated from Odebrecht through the offshore Poisedón company and $700,000 went to the Panamenista Party.

Source: Newsroom Panama