PANAMA & MARTINELLI FAMILY CONDUCT BUSINESS WITH IRAN| KENNETH RIJOCK BREAKING NEWS |
Analysis and Commentary by a former Money Launderer ~ Mr. Kenneth Rijock |
Wednesday May 23, 2012
SHOULD PANAMA BE DESIGNATED AS A STATE SPONSOR OF TERRORISM? |
Panama is buzzing with the back story behind last October's imposition of Weapons of Mass Destruction Proliferators OFAC sanctions* against six Panamanian corporations, which have reportedly now been stricken from the registry of corporations by the Government of Panama.
It's not about the companies, which were attempts to crate fronts to evade international maritime sanctions against Iran's government-controlled shipping line, IRISL, it is all about the cast of Panamanian Professionals and Politicians who were the organizers and facilitators creating those companies.
Is this what Panama has come to now, a facilitator of WMD activities?
Isn't that the definition of state-sponsored terrorism?
First, here are the Panamanian companies involved.
(1) Galliott Maritime, Inc.
(2) Indus Maritime, Inc.
(3) Kaveri Maritime, Inc.
(4) Melodious Maritime, Inc.
(5) Mount Everest Maritime, Inc
(6) Rishi Maritime, Inc.
Now what's NOT in the OFAC SDN information regarding those sanctioned companies, all of whom listed their offices on the 14th floor of Torre Banesco in the Ocean Business Plaza Building?
(A) Who were the clients who requested that these companies be formed? Certain Venezuelan nationals of Lebanese descent, working for the Government of Iran.
(B) How did these companies pass a Due Diligence check by the Ministry of Commerce and Industry? Perhaps because the Minister himself personally approved them. Someone should ask him about how he could approve obvious fronts.
(C) Who were the lawyers who formed these companies? The Law Firm of Veleiro, Mihalitsianos & de la Espriella. These lawyers are closely connected to Panamanian President Martinelli, as well as his sons Enrique and Ricardo junior, and are directors of companies controlled by the sons. One of the lawyers, a dual US-Panamanian citizen, actually was a former aide to US Speaker of the House John Boehner.
(D) Who were the original directors and bearer shareholders of these front companies? VM & E of course.
They immediately resigned their directorships upon learning of the OFAC sanctions.
How thoughtful of them!!
Did President Martinelli approve the formation of these companies? How else did they get approval to open and operate bank accounts at Global Bank, which Martinelli reportedly owns and controls.
Is it not time to aggregate all the Hezbollah, FARC, Hamas, MEK, and IRGC operations that are not only allowed to flourish in the Republic of Panama, but are facilitated and encouraged, for profit, and consider Panama a de facto State Sponsor of Terrorism ? The government simply does not care to suppress either the activities of terrorist training camps, or their money launderers and fundraisers who work in Panama.
Don't wait for the United States to make that pronouncement (for I am sure that certain US intelligence services still find Panama the perfect money laundering venue for their own sordid activities), but consider all Panamanian contacts high-risk until proven otherwise through Enhanced Due Diligence. To do otherwise, you expose your bank, and perhaps yourself, to potential terrorist financiers.
The Republic of Panama is tortured with one scandal after dealing with fraud, money laundering, bribes and of course the David Murcia Guzman legend with President Martinelli at the Head of all of this.
Now what will all the wonderful Jewish supporters and Israel think of Panama that knowingly supports Iran and their efforts of terrorism?
Here is another interesting factor that the Minister of Commerce who oversees the registration of companies has a son in law from Venezuela who is involved in financial matters both in Venezuela and Panama with many Lebanese oriented National in Venezuela.
Who owns the aircraft used to fly back and forth to Venezuela as often as once a week?
Convenience is not the word.
* Written By Kenneth Rijock & Posted with permission
WANTED SA kindly thanks Kenneth Rijock, AFP, Reuters, BBC, Associated Press, DEA, FBI, Westlaw, Arutz Sheva, and all the Parties, Press, Journalists, Law Enforcement and Securities forces who have contributed to the many articles and their sincere opinions and statements.
WANTED SA states that the facts and opinions stated in this article are those of the author and not those of WANTED SA. We do not warrant the accuracy of any of the facts and opinions stated in this article nor do we endorse them or accept any form of responsibility for the articles.
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