The Social Security Fund uncovered a fraud through an investigation into its payroll system. The finding points to several public officials who would have participated in irregular practices within the institution. According to the report, the implicated simulated alimony payments to generate direct discounts on their salaries. The institution also reported that it will continue to reinforce its internal controls to prevent new irregularities. Finally, it made a call to its officials to act with honesty and respect for the law. Faced with the situation, the CSS applied disciplinary measures and filed a criminal complaint so that the authorities can determine responsibilities. The institution reiterated its commitment to the proper management of public resources and warned that it will not tolerate this type of action. The money was directed to a furniture store, which would have served as a front to pay personal debts by improperly using the state payroll. The entity classified this fact as a serious offense and a violation of the law, in addition to being contrary to the principles of transparency.
Fraud Uncovered in Panama's Social Security System
Panama's Social Security Fund uncovered a fraud in its payroll system. Officials simulated alimony payments to get illegal discounts. Authorities have filed a criminal complaint.