Venezuela plays tit for tat after Panama laundering alert

A week after Panama  included  Venezuelan President  Nicolás Maduro and other top political leaders on a list of high risk  potential money launderers the South American country  has retaliated with the suspension  of  all commercial and financial activity with a group of Panamanian officials and companies, including Panamanian President Juan Carlos Varela and Copa Airlines,

as a measure of protection for their economic system.

In a resolution disclosed on Thursday, April 5 the Venezuelan government

banned for 90 days any financial, commercial and economic activity with 22 Panamanian figures and 46 companies in the country

Panama had p recommended to banks or other entities to maximize the supervision of transactions involving the persons on its list.