A resolution has been found to the dispute with the subsidiary of the Italian company Finmeccanica, which will withdraw from the country the radar and coastal surveillance equipment which was the object of the contract, and the Panamanian State will receive a credit for $32 million.
From a statement issued by the Foreign Ministry of Panama:
The Government of the Republic of Panama and Finmeccanica S.p.A., (with its subsidiaries Selex ES S.p.A, Agusta Westland S.p.A. and Telespazio, S.p.A.), announced that they have reached an agreement to overcome the conflicts arising from contracts signed in 2010.
The Varela administration is sueing to nullify the contract signed with a subsidiary of Finmeccanica to develop a digital map for $22 million.
The lawsuit filed by the Ministry of the Presidency with the Supreme Court aims to nullify the contract signed in 2010 by the Martinelli administration, arguing that they have "motives distinct from public interest".
The Guatemalan president will stand trial on charges of conspiracy, bribery and special case of customs fraud.
Judge Miguel Angel Galvez issued an indictment against former President Otto Perez Molina, after analyzing the evidence presented by the prosecution and the International Commission against Impunity (CICIG).
".. In issuing his ruling the Judge of B Court for High Risk Cases, Miguel Angel Galvez, issued an order of remand, and the MP is asking for bail. "
The Supreme Court has temporarily suspended the contract between the government and the Italian company Finmeccanica for the purchase of 19 radars.
The contract was suspended by the Third Division of Administrative Litigation of the Supreme Court (CSJ) after the Varela administration filed a lawsuit days ago and one year after stopping the execution of the project, being carried out by the company Selex, a subsidiary of Finmeccanica.
The Constitutional Court has found that the evidence presented by the prosecution is enough to have Congress to decide whether or not to remove immunity from the president.
The decision to lift the immunity of President Perez Molina so that he may face corruption charges now lies with the legislature. The component members of The Inquiry Commission will have to investigate based on the evidence presented by prosecutors, and then make a plenary decision.