At the airport in Panama, authorities have confiscated thousands of dollars from a Cuban citizen who did not declare the money upon entering the country. This incident represents the third case of retention of undeclared money coming from Havana so far in 2025.
The individual, whose identity has not been revealed, was carrying a significant amount of cash upon arriving in Panama. By not correctly declaring the amount, customs authorities took measures to retain the money and conduct the necessary investigations.
According to current regulations, anyone entering the country with an amount of money exceeding a certain limit is required to declare that amount to the relevant authorities. This procedure aims to prevent illicit activities such as money laundering and the financing of terrorism.
Authorities at the Panama airport have strengthened controls to prevent the illegal entry of capital and ensure compliance with customs laws. In this specific case, the Cuban citizen will face legal consequences for failing to declare the money he carried upon entering the country.
This incident highlights the importance of adhering to customs procedures when traveling internationally and underscores the measures implemented by authorities to safeguard the integrity of the financial system and prevent criminal activities related to the handling of cash.
