Panamanian Legislative Commission Audits Frozen Accounts

The Drug Trafficking Control Legislative Commission will audit the movement of 458 bank accounts frozen by the Attorney General’s Office since 1987 as a result of investigations and charges of drug trafficking. Some of the accounts already have been released to their owners. The initiative to audit accounting books in banks that were ordered to freeze the accounts of presumed drug traffickers is aimed at identifying the owners of accounts that have been unfrozen and the names of persons who conducted the transactions…[more]