PPC accused of owing US$28M

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The government of Panama is claiming that Panama Ports Company (PPC), in which it holds a 10% stake, owes the state US$28M in retained earnings. The company, which has operated Balboa and Cristobal ports since 1997, has failed to provide annual financial reports, the government said.

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PPC accused of owing US$28M ‣ WorldCargo News

PPC accused of owing US$28M

News-in-print

The government of Panama is claiming that Panama Ports Company (PPC), in which it holds a 10% stake, owes the state US$28M in retained earnings. The company, which has operated Balboa and Cristobal ports since 1997, has failed to provide annual financial reports, the government said.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

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Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.