Back

Weekly Report - 16 November 2017 (WR-17-45)

PANAMA: Varela faces fresh pressure over Odebrecht

The corruption case involving Brazil’s construction and engineering firm Odebrecht is throwing up fresh problems for President Juan Carlos Varela. In a hearing last week as part of the collaboration deal between the firm and Panamanian authorities, two former Odebrecht executives – including André Luiz Campos Rabello, the former head of the firm’s affiliate in Panama – named as one of those linked to the corruption scheme, Jaime Lasso del Castillo, Panama’s former ambassador to South Korea, who reportedly donated US$700,000 to Varela’s 2009 vice presidential campaign. Varela, who has already been implicated in the scandal, has acknowledged receiving the funds although he maintains that they were donations and “not bribes”.

End of preview - This article contains approximately 681 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.