Panama crime forum experts jailed in laundering probe

TWO OF the “experts” scheduled to speak this week at a Panama forum on money laundering and organized crime will be no-shows as they are behind bars in Spain under investigation for money laundering and organized crime.

The international forum is being held on Thursday, Nov, 23 at the Trump International Hotel & Tower which according to research in the US,  was used, during construction to launder money.

The forum will discuss issues such as money laundering, organized crime and tax havens
According to the porta.publico.es   former commissioner,  José Manuel Villarejo, and lawyer, Rafael Redondo, are in unconditional prison in Spain by order of the National Court after an investigation into alleged money laundering and organized crime.

According to the publication, Villarejo and Redondo were invited to Panama together with notable “authorities, detective agencies, forensic accountants and law firms”, from Switzerland, Italy, Spain, Colombia and Peru, to discuss “the prevention of corporate legal risks”. , developments in judicial cooperation and tracking of assets in the world, corporate intelligence, trends in criminal liability of legal persons, disqualifications for bribery and transnational corruption, and newson automatic exchange of information between tax authorities in the US, Switzerland, Panama and Latin America “.

Vilalrejo and five others were arrested on November 3 by officials of the Internal Affairs Unit in an operation coordinated by the Anti-Corruption Prosecutor’s Office. in which five more people have been arrested.
The ex-commissioner is being investigated in other judicial cases.
According to the El Confidencial website, the Prosecutor’s Office intends to dismantle with these arrests a “criminal organization” dedicated to “reintroducing funds from illicit activities linked to international business corruption into Spain and other countries of the European Union”.

Meanwhile the Panama event is missing two experts