Tuesday 08 December 2009
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Panama Seizes Over us$500,000 Of Unreported Cash

PANAMA - The Panamanian authorities on Monday seized more than us$500,000 dollars in unreported cash from two Colombian citizens at the International Airport of Tocumen in Panama City.

"Both people had hidden money in suitcases and they did not have any intention of reporting (the money)," a agent with the national customs authority told local TV news Telemtetro Reporta.

According to the agent, the two Colombian men arrived in Tocumen from Tegucigalpa, Honduras. They were detained when they were transferring to Colombia.

The two protested that the suitcases did not belong to them, and that they knew nothing about the money, according to the police.

The seizure was part of an operation dubbed "Christmas without Smuggling," which is being carried out at all major airports of the country.

Because of its convenient geographical location, Panama has often been used a transshipment point for smuggled goods and money.
 
 
 

 

 
 
 
 

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