Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

World News

Former Panama president Martinelli leaves Nicaraguan embassy for asylum in Colombia

by admin May 11, 2025
May 11, 2025
Former Panama president Martinelli leaves Nicaraguan embassy for asylum in Colombia

Former Panamanian President Ricardo Martinelli left the Nicaraguan embassy in Panama City, where he had sought refuge more than a year ago after the courts upheld a money laundering sentence against him, and headed to Colombia where he has received political asylum, the government said late Saturday.

Panama’s foreign ministry said in a statement that Colombian President Gustavo Petro sent Panamanian President José Raúl Mulino a formal note saying that he had granted Martinelli asylum and that Panama had granted the former president safe passage to Colombia.

“The Republic of Colombia is a State that has historically recognized with the utmost respect, compliance, and promotion the institutions of International Law, including the asylum system within the Inter-American system,” the statement said.

Martinelli, 73, was sentenced to 10 years in prison for money laundering in July 2023 in connection with the purchase of a publishing group. Following the confirmation of that sentence, the former president sought refuge in the Nicaraguan diplomatic mission in Panama after President Daniel Ortega’s government granted him asylum. He had remained inside the embassy for more than a year.

Martinelli is a businessman and supermarket magnate who governed Panama from 2009 to 2014, a period of rapid economic growth driven by the construction of major projects such as the first metro in Central America and the expansion of the interoceanic canal. But his government was tainted by accusations of bribery and cost overruns. He was sanctioned by the United States for corruption in January 2023.

Martinelli maintains that his prosecution was politically motivated as he sought to run for a second term of office.

In 2023, he won his party’s nomination to seek the presidency again. However, he was convicted of money laundering, and after the Supreme Court denied his appeal, he was ineligible to run.

Ultimately, Martinelli supported his running mate, current President Mulino.

Nicaragua granted Martinelli political asylum in February 2024. Panama had refused to grant Nicaragua permission to move Martinelli to Nicaragua.

The Colombian government had not previously commented on the matter.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions
next post
Russia’s European neighbors are lifting bans on landmines. Campaigners are horrified

You may also like

Netanyahu blows past ceasefire talks deadline to confer...

February 3, 2025

Multiple French prisons attacked in response to government’s...

April 15, 2025

South Korea’s birth rate rose for the first...

February 26, 2025

UK courts release new documents on Prince Andrew’s...

April 5, 2025

Blackwater founder Erik Prince joins security operation in...

April 6, 2025

Five people shot at school in central Sweden

February 4, 2025

Israel embraces France’s far-right, turning a blind eye...

March 26, 2025

Kenya police say lawmaker’s killing ‘targeted and premeditated’

May 1, 2025

World’s military spending rises at highest rate in...

April 30, 2025

The real strategy behind Russia’s sudden truce announcement

April 20, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (471)
    • Latest news (10)
    • Politics (2,666)
    • World News (1,369)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Politics

    • Rosie O’Donnell’s Trump obsession continues unabated from Ireland as friends beg her to ‘disconnect’

      December 7, 2025
    • Judge rules evidence linked to James Comey’s ally is off limits to DOJ

      December 7, 2025
    • Kelsey Grammer calls Trump ‘one of the greatest presidents we’ve ever had’ at Kennedy Center Honors

      December 7, 2025
    May 2025
    M T W T F S S
     1234
    567891011
    12131415161718
    19202122232425
    262728293031  
    « Apr   Jun »

    Copyright © 2025 stocksflux.com | All Rights Reserved