Anti-corruption probe into $300 million social security scam

The Public Ministry (MP) has initiated an investigation into Panama’s latest corruption scandal: the embezzlement of $300 million in employer-employee contributions to the Social Security system (CSS).

The opening of an investigative office was recorded on Friday, April 13, says an MP release.

After conducting several audits, the CSS discovered an embezzlement of almost $ 300 million, where employers and civil servants would be involved, They took advantage of the system of income and economic benefits. The results indicate that they erased debts and changed salaries in their statements

The Anticorruption Prosecutor will be in charge of the investigations.

Register now for FREE Newsroom email updates