Panamanian investigators remove documents from offices of company that ran canal ports [Yahoo! Finance Canada]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance Canada
offices belonging to a Hong Kong-owned company that operated ports at either end of the Panama Canal until its concession was declared unconstitutional by the Supreme Court last month. Public prosecutor Azael Samaniego, of the anti-corruption office, told local media outlets that visits were made to three offices of the Panama Ports Company in Panama City and that the Panama Maritime Authority and investigators from the National Directorate of Judicial Investigation also participated. The Panama Ports Company is the local subsidiary of Hong Kong-based CK Hutchison. Samaniego said his office had information pointing to the possible commission of a crime, but he did not specify what the crime could be. He said an investigation was in its early stages. The Panama Ports Company did not respond to requests for comment, nor did Panamanian law enforcement agencies. The investigation comes days after the Maritime Authority seized the Balboa and Cristobal ports from the Panama Ports Co
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News
- A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Moves [Yahoo! Finance]Yahoo! Finance
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Los Angeles Times (CA)]Los Angeles Times
- CK Hutchison's subsidiary decries Panama's "invasion" of property [Yahoo! Finance]Yahoo! Finance
- 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