OPINION: Peoples Bank - money box for insider circle

Zambo, helping kids save

 
1,358Views 0Comments Posted 24/07/2018

For many Panamanians, the Caja de Ahorros  (Savings Bank) was the first bank they knew, the one that taught them how to save and have credit. Thanks to this state bank, tens of thousands of families were able to acquire their home, and young professionals reached their educational goals of the cordial hand of the bank of Zambo

In a dark moment that should never be repeated, the funds of the Savings Bank went to a brokerage or served to finance dubious transactions of relatives of the government in office[Martinelli]. In its defense it alleges that there is no embezzlement because the bank recovered its money, but the crime is much more than the loss of assets, is also the diversion of State resources for purposes other than its original purpose The possible damage caused to the institution and the respective victims that could result from  these actions are invisible, as are those who died due to lack of medicines in hospitals, children who were left without schools or  communities that are still waiting for drinking water. Embezzlement is always a crime, even if the stolen goods are returned,  LA PRENSA, Jul. 24



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