The Controller General of the Republic, Anel Flores, visited the Panama Maritime Authority to inform the AMP administrator, Luis Roquebert, about the start of a Financial and Compliance Audit on Panama Ports Company, the main port concessionaire in the country. Flores then accompanied the group of auditors responsible for reviewing the existing contract between the State and Panama Ports Company for the management of container port terminals, as well as its addendums, during the period from January 2, 2014, to December 31, 2024.
The Controller’s Office seeks to verify if the concession agreements between Panama Ports Company and the Panamanian State are being fulfilled, ensuring that the company accurately reports its revenues, payments, and contributions to the State in managing bulk cargo and general cargo terminal operations at the ports of Balboa and Cristobal. Since January 1997, Panama Ports Company has been operating under a concession contract that grants it the administration of container terminals at the ports of Balboa and Cristobal, located in the Panama Canal area, one of the most important trade routes globally.
**Highlighted Quote**: "It is essential to ensure transparency and compliance with the agreements established in the port concessions to maintain integrity in the management of Panamanian ports," stated Anel Flores, Controller General of the Republic.
