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    Home»Latest News»Panama approves embattled ex-President Martinelli’s passage to Nicaragua | Government News
    Latest News

    Panama approves embattled ex-President Martinelli’s passage to Nicaragua | Government News

    Team_Prime US NewsBy Team_Prime US NewsMarch 28, 2025No Comments3 Mins Read
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    Ricardo Martinelli has been convicted of cash laundering in his native Panama and sentenced to 10 years in jail.

    Panama’s authorities has accredited protected passage for embattled former President Ricardo Martinelli to depart the nation for Nicaragua, after facing prison for cash laundering.

    International Affairs Minister Javier Martínez-Acha Vásquez introduced on Thursday that Martinelli could be allowed to depart, citing considerations concerning the former president’s well being.

    Martinelli had beforehand been granted asylum by Nicaragua, and he has been avoiding arrest by sheltering within the nation’s embassy in Panama Metropolis.

    Panama’s international minister declined to say specifics concerning the well being considerations Martinelli faces.

    “On condition that justice’s timeline doesn’t at all times coincide with well being’s timeline, the International Relations Ministry has determined to acknowledge the asylum granted to Mr. Martinelli Berrocal by the Nicaraguan authorities,” Martínez-Acha Vásquez stated.

    “This asylum is acknowledged and the protected conduct is granted for strictly humanitarian causes.”

    Panama’s former President Ricardo Martinelli waves to supporters throughout a marketing campaign rally in Panama Metropolis in February 2024 [Agustin Herrera/AP Photo]

    Martinelli, 73, has exhausted all appeals in his case, after being sentenced in 2023 to 10 years in jail for cash laundering. He additionally acquired a $19m effective within the case.

    The conviction led to an finish to Martinelli’s political profession. Final 12 months, Panama’s Electoral Tribunal dominated he could not run in that 12 months’s presidential race

    Panama’s structure bars anybody with a legal sentence of 5 years or extra from holding elected workplace. Previous to the ruling, nonetheless, Martinelli was thought of a frontrunner within the race.

    Martinelli has at all times maintained his innocence. However prosecutors efficiently argued that he used his affect as president, from 2009 to 2014, to award authorities contracts to firms that then funnelled cash to an organisation referred to as “New Enterprise”.

    That firm was a entrance, prosecutors alleged. And so they stated Martinelli leveraged it to buy a publishing enterprise that managed nationwide newspapers.

    The “New Enterprise” scandal was one among a number of controversies Martinelli confronted after leaving workplace.

    He and his two sons — Luis Enrique Martinelli Linares and Ricardo Martinelli Linares — have additionally been accused of involvement within the Odebrecht scandal, a global corruption case that ensnared leaders from a number of Latin American international locations.

    A former grocery store entrepreneur and well-liked right-wing determine, Martinelli has remained within the Nicaraguan embassy since February 2024, the place he has used social media to speak together with his supporters.

    Panama has, till Thursday, refused his request to depart the nation. However within the lead-up to the Panamanian international minister’s announcement that he’ll now be allowed to depart, Martinelli expressed concern he is perhaps intercepted by the nation’s police.

    “They should be plotting towards me by having Alpha Models of the Nationwide Police outdoors the Nicaraguan Embassy,” he wrote on the social media platform X on Thursday.

    Martinelli has till midnight on March 31 to depart.



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