Politics Economy Country 2025-11-14T10:33:10+00:00

Panama's Banks Under Government Scrutiny

Panamanian President JR has sharply criticized the banking system, accusing bankers of complicity in money laundering for organized crime. The country lags in investigating the Odebrecht scandal while citizens suffer from high crime rates.


Panama's Banks Under Government Scrutiny

Banks in the Spotlight President JR couldn't have dealt a harder blow to the 'white sharks' that allow millions in illicit cash from organized crime to flow freely through the entire banking system without any red lights. The question now is, if JR were to face these 'white sharks,' would he have the country's backing? In other countries, former presidents and ministers have fallen, but here they laugh in our faces and rub millions of dollars in it. Against Economic Power According to Pipe Camargo, bankers have held economic power since the invasion for 35 years. But Juan Pueblo is asked to provide their grandfather's DNA just to open a simple bank account... More on Banks And we don't have to look far; we have the Manzana Azul and Odebrecht scandals, where millions upon millions in 'dirty' money were laundered and 'dried' in major banks. This is a message not only to the judges but also to the leadership of Gil Ponce, which is doing absolutely nothing about it. Felipe is Happy They say Felipe is happy with Moody's rating agency decision to maintain Panama's 'Baa' rating, recognizing fiscal progress, responsible management of the pension system, and a reduction in legal risks associated with the closure of the Minera Panamá mine. He says JR is forcing them to clean up their act, and the Americans can't oppose that. And the Superintendency of Banks? A nephew of Josefa comments that the superintendent is turning a blind eye to the issue of money laundering in the banks. Take Off Your Masks! Criminal Complaint We've been told that Pablo Torres will file a criminal complaint today at the Prosecutor's Office against those who defamed him in the Oceanic vessel case. Will he have the backing of the public force, which is also penetrated by economic powers? The ball is in play and the game continues. Base on Balls It seems Commander Ábrego is the one who feels calm after JR's statements on security and drug trafficking, and with them killing each other. How many of those Club Union bankers ended up in prison? Speaking of Odebrecht Panama has the bad reputation of being the last country in the region to take the Odebrecht case to court. But the community is surely not happy at all with the high tide of crime we are living. The Entry La Verdad Panama's Data for today, Friday, November 14, 2025, was first published in La Verdad Panama. It's no surprise that during the pandemic, this entity seemed more like an official defender of the 'white sharks' than of the customers and users of the system. Guarantee Judges Once again, JR gave a sharp rebuke to the guarantee judges, stating clearly that he expects the 'vermin' at Tocumen Airport who were stuffing drugs into the suitcases of innocent travelers to end up in prison, not just signing papers on the 15th and 30th of each month. Those who also want to be happy are the Panamanians who have not yet been hit by the 'chen chen' (bad luck). Touring by Helicopter The president of Cueva, who is seeking the presidency of the panameñistas, says he is a people's deputy but arrives 'looking very pretty' by helicopter to a party meeting. Let's applaud, because that's a timeless thing.