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Panama to pay $6.4 million in compensation to Chilean victims of SAN-100 crash

Panama has agreed to compensate to the families of Chilean victims of the SAN-100 helicopter crash on May 29, 2008, putting to rest some of the discord that had grown between the two governments in the wake of the accident. An attorney representing the family of late Chilean General Alejandro Bernales confirmed that the Torrijos administration had decided to pay a sum of $6.4 million, of which $2.8 million will be split among relatives of the six ...

News

Debt threatens license plate production for capital

Administrators of the Chapala Vocational School have announced that it will suspend the manufacture of license plates for the Municipality of Panama as of July, citing the city's delay in cementing a contract with the school and failing to pay for nearly $1 million in plates. Pedro Pablo Rodríguez, treasurer of the school board, said the school cannot continue production without a contract assuring that it will be compensated.   Mario Miranda, municipal ...

News

Highway companies face tax probe

The Directorate General of Revenue found evidence last November that the companies administering the corredores Norte and Sur, Pycsa and Ica, have not paid all their taxes they owe. Sources revealed that audits conducted at these companies and their subsidiaries showed that more than $9 million was owed in back taxes, with Ica having failed to pay $2 million while Pycsa owed more than $7 million. The case with Pycsa has apparently been resolved. Gari Bermúdez, a representative of ...

 

 

 



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