Economy Politics Country 2026-03-03T20:12:25+00:00

RigaServices Denounces Discreditation Campaign and Threatens Legal Action

Panamanian construction company RigaServices has launched a lawsuit against those it accuses of running a systematic discreditation campaign, linking it to unfair competition and extortion attempts. The company vows to defend its reputation in court.


RigaServices Denounces Discreditation Campaign and Threatens Legal Action

Panamanian construction company RigaServices S.A. has raised alarms by publicly denouncing a supposed discreditation campaign it claims is driven by commercial interests and unethical business practices. In a statement released on March 2, the company stated that the attacks against it are not isolated but part of a systematic strategy that includes the dissemination of distorted information in various media outlets. The company asserted that malicious intentions exist behind these actions, aimed at damaging its reputation, built over more than three decades of operations in the country. RigaServices went further, indicating that these accusations even have an economic pressure background, denouncing extortion attempts directed at its executives through the demand of large sums of money. The document warns that the situation has escalated to the point where the company has decided to move from the media to the legal arena, announcing the initiation of legal actions against those found responsible. These actions, as detailed, will cover individuals or groups who have financed, promoted, or disseminated false information, both in traditional media and on digital platforms and social networks. The constructor emphasized that it will not allow its name or that of its collaborators to be used as a target for attacks that, in its opinion, seek to destabilize its operations and credibility. In this sense, it stressed the protection of its human team, which exceeds 1,500 workers, warning that it will not tolerate situations that put the job stability of these families at risk. The company also took the opportunity to reinforce its institutional image, reiterating its commitment to transparency in each of its projects. They indicated that each project executed meets quality and compliance standards, which they consider fundamental to their trajectory in the construction sector. RigaServices insisted that its record of over 35 years supports its market position, highlighting timely deliveries and adherence to legal regulations. Although no specific names or companies involved in the alleged campaign are mentioned, the tone of the statement makes it clear that the constructor is preparing for a high-profile legal confrontation. The case could escalate if the legal proceedings advance, opening a new chapter in the already tense relationship between business competition and reputation in the sector. This type of denunciation is not common in the Panamanian corporate arena, which adds an element of expectation regarding the evidence that may eventually be presented to the authorities. For now, the company's message is direct: they will not stand by with their arms crossed and are willing to defend their name 'with firmness, responsibility, and respect for the law'.

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