Clinton list businessman’s $165 million lawsuit blocked
Panama’s Supreme Court has confirmed the non-admission of a lawsuit filed by Abdul Waked calling for the National Bank of Panama tompay $165 million for damages, interests and loss of profits for the management of the trust of Felix B. Maduro.
The decision confirms a resolution that had not admitted the claim in the first instance.
Waked who remains on the US Clinton list has a second $1.278 billion lawsuit for that is still unresolved, for damages caused by the sale of the Soho Mall. This demand amounts to. Waked seeks a condemnation of the State through the National Bank of Panama.
His inclusion on the Clinton List forced the sale of several of his businesses and properties.