Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

World

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

previous post
Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now
next post
Russia’s European neighbors are lifting bans on landmines. Campaigners are horrified

Related Posts

US calls for Asia allies to boost defenses...

May 31, 2025

Russia launches record number of drones at Ukraine...

July 4, 2025

Inside a struggling Ukraine mine, Trump’s mineral deal...

February 28, 2025

First deportation flight lands in Venezuela from US,...

March 24, 2025

Nearly 3,000 people killed after rebels seize key...

February 6, 2025

World War II-era target ship prematurely sinks before...

May 6, 2025

Dutch government collapses as Wilders’ far-right party leaves...

June 3, 2025

Trump’s threat to annex Canada ‘a real thing,’...

February 8, 2025

Hamas hands bodies of four Israeli hostages to...

February 20, 2025

Three Chinese nationals arrested in Japan after thousands...

May 11, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


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

    Recent

    • The Real Drivers of This Market: AI, Semis & Robotics

      December 15, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      December 15, 2025
    • Locksley Resources LimitedLt. Gen.Schwartz to Advance US Defense Strategy

      December 15, 2025
    • Uranium Price Forecast: Top Trends for Uranium in 2026

      December 15, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      December 14, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      December 14, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved