Martinellis $20 million bail bid rejected

865Views 2Comments Posted 18/07/2017

PANAMA’S FUGITIVE  ex-president t Ricardo Martinelli Berrocal, detained in Miami since June 12 while  awaiting .extradition  has raised his  bid for bail to $20 million

On Tuesday July 18  Martinelli’s Miami lawyer Marcos Jiménez Waiting to be extradited to Panama, asked Judge Edwin Torres of the  South Corridor District Court to reconsider his  decision not to release him on bail and to accept payment of a $20 million bond of $ 20 million, equal to that  of  a former FIFA manager arrested in the football corruption scandal in 2015. The judge rejected the offer reports La Prensa.


On July 7, Judge Torres decided not to grant bail to Martinelli on the grounds that there is a high level risk  of flight.  The next appearance of Martinelli Before the judge will be August.3

Martinelli proposed to the judge to apply the same conditions given to the Paraguayan Juan Angel Napout, a   former FIFA vice-president arrested in 2015 In New York on charges of fraud and money laundering. Napoul was granted bail of $ 20 million; Of that amount, $ 10 million was deposited in cash.

A month ago, Martinelli proposed to the judge a "package" consisting of 10% of a bond of $5 million, plus another personal bond of $ 2 million. Additionally, he offered to hand over his private plane, wear an electronic bracelet and stay in his residence, guarded by two former police officers.

The judge turned it down and Martinelli remains in a cell with no access to TV, radio, computer or cell phone, and with one-hour yard-time each day, Only his lawyers are allowed visits.