Panama detected multi-million dollar breaches by the Chinese company that operates two key ports at the entrances to the Canal.
The Comptroller General of Panama, Anel Flores, said on Monday that the audit carried out on the company Panama Ports Company (PPC), a subsidiary of the Hong Kong multinational CK Hutchison, revealed multiple contractual breaches, a million-dollar debt with the Panamanian State and legal irregularities in the automatic renewal of its concession to operate two key ports at the entrances […]