The trial of former Panamanian President Ricardo Martinelli and 14 others for alleged money laundering related to their purchase of a publishing company concluded on Friday, starting the clock on the 30 days the judge has to issue a verdict.
Martinelli, a 71-year-old supermarket magnate who hopes to seek re-election next year, had back surgery the week before the trial started and was not present.
The case, known locally as "New Business," dates back to 2017 and concerns the 2010 purchase of a publishing company that owns national newspapers. Prosecutors maintain that through a complex series of foreign money transfers totaling $43 million, companies that had won lucrative government contracts during Martinelli's presidency, funneled money to a front company that was then used to purchase the publisher. The front company collecting the money was called "New Business."
In closing statements, prosecutor Emeldo Marquez requested the maximum sentence for Martinelli, which would be 12 years, but could be extended to 18 years with aggravating factors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
NHL & NHLPA reach trial agreement to expand limits of on-ice training in summerThe Vancouver Canucks were fined $50,000 in May for hosting on-ice sessions with Daniel and Henrik Sedin before the amendment...
Lire la suite »
Canucks' CBA fine leads to trial of players skating with coaches in off-seasonThe Canucks were fined $50,000 earlier this year for allowing coaches and players to skate together during an off\u002Dseason workout.
Lire la suite »
MANDEL: Ex testifies against cop on trial for defrauding recluse's estateA Toronto Police officer and his alleged mistress are on trial for allegedly filing a fake will naming him the recluse\u0027s sole beneficiary.
Lire la suite »
Johnny Depp’s Lawyer During Amber Heard Trial, Camille Vasquez, Says They ‘Text Often’Camille Vasquez, the legal ally who stood by Johnny Depp's side throughout his high-profile trial against Amber Heard, has cemented a bond with the actor beyond the courtroom. One year after the Virginia defamation trial, where her client Depp emerged in the jury's favour, Vasquez reveals to People that she and their legal team, including Benjamin…
Lire la suite »
Ex-girlfriend tells officer’s fraud trial she went to police upon receiving suspicious mailRobert Konashewych is accused of stealing $800,000 from the estate of a man who died with Alzeimer’s.
Lire la suite »
Kyle Dubas named president of hockey operations for the Pittsburgh PenguinsThe news emerged 30 minutes before his old team was to introduce Brad Treliving as Dubas’s replacement in Toronto at a news conference.
Lire la suite »