Unlike some tax havens, the Republic of Panama, has great esteem for its sovereignty after U.S. control for 95 years. Panama has refused politely with the OECD. Panama’s stance, “fairness for all”.

President Martinelli, the winning candidate of the (CD) Democratic Change Party, has obtained multimillionaire status by being owner of Panama’s largest supermarket chain Super 99. The President, age 57, was American educated. He graduated from Staunton Military Academy in Va, went on to receive a BA in business from the University of Arkansas, and graduated with an MBA from INCAE Business School in Costa Rica.

President Martinelli during the transition of the Canal from the United States to Panama, served the government as minister of Panama Canal affairs.

For more on Panama:  PanamaQmagazine

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