Panama officials search CK Hutchison's subsidiary office, source says [Yahoo! Finance Canada]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance Canada
The raid on CK ?Hutchison's Panama Ports Company (PPC) did not relate to a government decision to annul deals that gave the company control ?of two strategic port canals in Panama, this person said. The person declined to be identified because the information had not yet been made public. CK Hutchison did not immediately respond to a request for comment. "This is an independent investigation carried out exclusively by the Public Ministry ?of Panama in the exercise ?of its legal powers," the Panamanian government said in a statement without naming CK Hutchison as the target of the raid. CK Hutchison's ?shares fell 0.9% in early trading in Hong Kong on Friday. Local media reported the raid earlier. Television station TVN showed images of about a dozen people, some wearing vests emblazoned with ?the initials ?of Panama's investigative police, or DIJ, in ?an underground parking lot that the ?station said was in the high-end Albrook area of Panama City. The images showed some
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- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The