Sunday 25 September 2022

Panama Rejects Being Scapegoat for Corruption Scandal

Paying the bills

Latest

Former UCLA basketball player Jalen Hill’s death investigation continues in Costa Rica

QCOSTARICA - Some of the details surrounding the death...

Costa Rica goal is 2 million tourists for 2022

QCOSTARICA - Although it is difficult to accurately estimate...

Basic Passive Rate rises again and upward trend will continue in the coming weeks

QCOSTARICA - Have you seen an increase in your...

Possible formation of a tropical storm would affect Costa Rica with more rains this weekend

QCOSTARICA - Faced with the possibility that tropical wave...

Poor state of national roads affects tourism development in the country

QCOSTARICA - The lack of maintenance during the last...

The history behind the 3 most iconic card games

Of all the images that might pop into your...

Dollar Exchange

¢634.43 Buy

¢640.39 Sell

24 September 2022 - At The Banks - BCCR

Paying the bills

Share

leadpanama-700x335
(Prensa Latina) “We are not going to allow Panama to be made a scapegoat by third parties”, the Minister of the Presidency, Alvaro German, said today, referring to the Panama Papers scandal.

At a press conference, he was questioned about rumors of a conspiracy against the country and German did not rule out the idea, ‘because the media attention is focused on us”.

The Executive also rejects this situation and the inclusion of the country in blacklists of tax havens, something that France apparently did, said the Deputy Minister of Foreign Affairs Luis Miguel Hincapie.

- Advertisement -

The Minister also announced that the ambassador of France will be called tomorrow to the Ministry of Foreign Affairs to confirm the veracity of this measure. If the measure was indeed taken, then Panama will evaluate the possible answers.

Regarding the statements by the Secretary-General of the Organisation for Economic Co-operation and Development (OECD), Angel Gurria, the Minister considered them as irresponsible, especially since Panama has taken significant steps to adapt its financial system to market demands.

Gurria said this Tuesday that the country is a major global obstacle in achieving transparency in international finance and ending tax havens.

‘Three quarters of government revenues come from taxes paid by Panamanians, so we reject that they refer to Panama as tax haven’, the Minister said to reporters.

- Advertisement -
Paying the bills
Avatar photo
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.