Monday, January 18, 2010

Panama Ex President in Money Laundering Case



PANAMA - Panama ex President Ernesto Perez Balladares, now under home arrest, calls attention from political parties and other sectors as first action against organized crime.

Prosecutor Jose Ayu Prado is leading this probe, first against an ex president for alleged money laundering through gambling concessions during his 1994-1999 government.

The prosecution claims political pressure to affect the ex president's image while the defense already rejected nine charges for the alleged fraud.

Opposition Revolutionary Democratic Party (PRD) also exposed the slanted interpretation of justice for the arrest coincides with adverse climate and does not follow due process.

Source:insidecostarica.com/

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