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Money laundering trial ends for former Panamanian President Ricardo Martinelli

PANAMA CITY (AP) — The trial of former Panamanian President Ricardo Martinelli and 14 others for alleged money laundering related to their purchase of a publishing company concluded 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.

Article Topic Follows: AP National News

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Associated Press

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