Trump organization pressures Panama president
THE TRUMP Organization intends to intervene with the Panamanian State in a dispute between Trump Panama Hotel Management LLC., and Orestes Fintiklis for the control of the hotel that once carried the surname of the president of the United States.
The organization, through its lawyers in Panama, Britton & Iglesias, sent to Varela on March 23 a letter, reminding him of the existence of the Law of October 12, 1983, which approved the agreement between Panama and the United States (EU) on investment protection.
The letter , copied to the heads of other state organs, asked him to interpose his good offices “to avoid damages derived from this process already attributed not to the counterpart, but to the Panamanian State by virtue of a clear violation of the protections of the treaty, specifically by a denial of justice (…) “, reports La Prensa
On March 5, a court conducted an investigation of a seizure that rousted Trump Panama Hotel Management from the hotel and its administration.
That day. The Fintiklis group erased the Trump name and, later, renamed the hotel The Panama Grand Bahia
La Prensa reports that it consulted the United States Embassy in Panama and was told that “Matters related to the Trump organization are remitted directly to the White House.”
What until now had been a commercial and private dispute between entrepreneurs has become a subject of public relevance, says La Prensa
