Martinelli insider leaves Renacer jail as “the boss” returns

Riccardo Francolini, a member of the Ricardo Martinelli inner circle facing trial in several corruption cases walked out of the El Renacer prison on Thursday Afternoon, June 15, soon after the man he liked to call “the boss” re-entered  after being discharged from Hospital Santo Tomas.

Francolini, the former chiairman of the board of the  state savings bank, Caja de Ahorros (CA) posted bail of  $100,000  involving  a money laundering investigation in the Financial Pacific (FP case  in the 14th Criinal Court for alleged anomalies in transactions made through the Jal Offshore company.

Other investigations, with links to Martinelli and Financial Pacific are ongoing