Panama returns to EU high risk laundering list

 
756Views 4Comments Posted 03/10/2020

Following Panama’s return to the European Union’s list of high-risk countries for money laundering, lawyers and financial sector operators were quick to react and questioned the methodology and scope of the sanctions list.

The inclusion of Panama and 11 other jurisdictions had been announced by the EU in May, but its effects came into force on Thursday, October 1.

Ramón Anzola , member of the board of directors of the Association of International Lawyers, spoke of  "biased criteria to exclude themselves [the EU] and pressure other countries to make changes, while they do not." This is a relationship of "third countries "that, in the opinion of the EU, have deficiencies in the fight against money laundering, he added.

The lawyer Carlos Barsallo said  that one of the criticisms that has been made to the list is that "not all those who should be there are included,” reports  La Prensa.



Comments 4

user
George Klk

Panama | Another War Invasion...National Assembly Thinks...Fresh Money? Fresh money to fight the invasion...take it to the...Martinelli Bank! Martinelli has enough laundered money (state funds) to fight off a large number of... boots on the ground invasion for... years to come. It's called...OPERATION JUST MARTINELLI...THE NEW NORMAL. MARTINELLI BANK...BUSINESSES...NEWS MEDIA...FOOD BANK...JUSTICES COURT... MARTINELLI'S NEW CONTROLLED EMPIRE AND THE SHOT DEAD LAWYERS (anti-martinelli).!!! Make way for the new president with the... Second Beast (N.A. / Martinelli / Legal system / ) who gives the power to the... First Beast (China) and behold...Dragon raises his head (China flag) and demands their... worship (Monitored Huawei and surveillance cameras) and the peoples attempt to commit suicide but were unable to and received the mark...666 - Martinelli...and they were afflicted with boils on their skin and their smoke will rise forever and ever. - THE STORY TELLER - BELIEVE IT OR NOT! the new anti-Christ (China / Dragon)

11 months ago
user
Oh ya

Its true the other day i went into a fresh produce stand to pick up a few things and when i haned her my money see grabbed ed a spray bottle and sprayed both sides of the bill and layed it in a wicker basket. There you hsve it folks laundered money. Who woulda thunk

11 months ago
user
General Butler

The astounding potential and equally astounding problems of Panama are so obvious a caveman could see them. Why can this country not grab its bootstraps and be what it is capable of being?

11 months ago
user
George Klk

Panama | Global High Tech News Scrutiny...List Panama...Corrupt Failure. Former president Varela almost had the China flag waving at the Panama Amador Causeway with a... $50 million Chinese restaurant for China with Panama state funds / Fourth Bridge Contract. Panama National Assembly remains more non-transparent with their...General Comptroller!!! Panama legal justice has done absolutely nothing to fight...corruption of government. Former president Ricardo Martinelli is forming his new party with numerous reported corruptions with financial institutions, businesses and PAN state funds with a... suitcase of $10's millions / $100's millions and fled Panama for the...United States. Panama Presidents are obtaining unheard of $MILLIONS$ / MONTH for their allowances. Panama National Assembly will do anything for the...Big Bucks...selling the... Panama canals to payoff $BILLIONS$ OF DEBT WITH INVESTOR BONDS... 60 years of debt and soon...100 / CENTURY YEARS OF DEBT!!! Here's what will happen... China will be interested in concessions for their...loan. USA / Global community will not...allow it. USA / Global community will prevent the concession and offer... Panama a fair legitimate deal with freedom of...Democracy. China will threaten retaliation with their alliance. USA / Global community will understand first hand... China's global financial calculus strategy and place severe restrictions to China's plan...(A...B...C...through...Aa...Bb...Cc...through...Aa1...Bb1...Cc1...with... Artificial Intelligence prediction famine games. Panama will still be in the...DARK...attempting to fix their scandalous record. United States may circumvent the Panama strait route with an... underwater tunnel for train shipment / oversea highway route eliminating concerns of a... Panama - Latin Socialist Political campaign...no need for Lake water levels and locks... underwater transport provides faster transportation of shipping containers at a reduced cost. Example: The English Channel tunnel to France was a resounding success!!! United States would still have jurisdiction with the Old Panama canals and the new underground tunnel / oversea highway transport system using a highway tube to... overseas highway levels. Panama economy and financial institutions would suffer massive blows to their... daily canal profit operations. United States can easily with Europe foot the bill at $20 billion. Panama / China will lose...ALL...notions of leverage against the U.S. / European global markets!!! Only risk factor may be the potential of finding an earthquake fault which should be easily avoided. Panama will then have...All...the water they need to sell! Panama will no longer be a major priority concern for the security of the... U.S. / Europe and global community.

11 months ago
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