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Panama’s oldest newspaper faces closure again

Wednesday, July 12, 2017

La Estrella de Panama, born in 1849, has received a possible death sentence from the country whose citizens founded the paper as The Panama Star during the Californian gold rush.

The  United States Office of Foreign Assets Control (OFAC) formally advised lawyers in Washington, DC, that it will not renew the operating  license for La Estrella and El Siglo so that US citizens will not be able to do business with the company.

The papers are owned by the Abdul Waked family conglomerate which is on the Clinton List accused of money laundering and drug smuggling.

Source: Newsroom Panama